Ibew Local Union 212 Supplemental Unemployment Benefit Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237278092 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local Union 212 Supplemental Unemployment Benefit Trust?

Ibew Local Union 212 Supplemental Unemployment Benefit Trust is a nonprofit organization situated in Cincinnati, Ohio. Its primary mission is to provide supplemental unemployment benefits to eligible union members who have been laid off from their industry employment. The trust accomplishes this by distributing benefits from individual participant accounts. The organization, with a workforce of 248 employees, plays a crucial role in supporting union members during periods of unemployment, contributing to their financial stability and security.

Is Ibew Local Union 212 Supplemental Unemployment Benefit Trust legitimate?

Ibew Local Union 212 Supplemental Unemployment Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local Union 212 Supplemental Unemployment Benefit Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ibew Local Union 212 Supplemental Unemployment Benefit Trust?

The Ibew Local Union 212 Supplemental Unemployment Benefit Trust is committed to providing supplemental unemployment benefits to eligible union members who have been laid off from industry employment. The organization achieves this mission by dispensing supplemental unemployment benefits from the individual participant accounts of its members. Its purpose is to offer financial assistance during challenging periods of unemployment, thereby supporting union members during their transition to new employment opportunities. The trust aims to provide a safety net, ensuring that union members do not face undue financial hardship during periods of job loss.

Who is the CEO of Ibew Local Union 212 Supplemental Unemployment Benefit Trust?

Christopher Archiable is the Trustee of Ibew Local Union 212 Supplemental Unemployment Benefit Trust.

What is the revenue of Ibew Local Union 212 Supplemental Unemployment Benefit Trust?

Ibew Local Union 212 Supplemental Unemployment Benefit Trust's revenue in 2022 was $1,686,835.

Who are the executives of Ibew Local Union 212 Supplemental Unemployment Benefit Trust and what are their salaries?

There are 248 employees at Ibew Local Union 212 Supplemental Unemployment Benefit Trust.


Here are 7 key members and their salaries:


Tracy Thorner (Trustee)
  • Compensation: $0
  • Related: $97,395
  • Other: $50,455
Scott Kenter (Trustee/Secr)
  • Compensation: $0
  • Related: $98,056
  • Other: $42,539
Kevin Broxterman (Trustee)
  • Compensation: $0
  • Related: $89,340
  • Other: $4,913
Jason Mischke (Trustee)
  • Compensation: $0
  • Related: $12,928
  • Other: $2,361
Michael Reed (Trustee)
  • Compensation: $0
  • Related: $4,634
  • Other: $635
Christopher Archiable (Trustee/Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Westrich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local Union 212 Supplemental Unemployment Benefit Trust?

Ibew Local Union 212 Supplemental Unemployment Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local Union 212 Supplemental Unemployment Benefit Trust

Ibew Local Union 212 Supplemental Unemployment Benefit Trust is an organization dedicated to providing supplemental unemployment benefits to eligible union members who have been laid off from industry employment. The mission of this trust is to offer financial assistance during challenging times, drawing from the individual participant accounts. By fulfilling this purpose, Ibew Local Union 212 Supplemental Unemployment Benefit Trust aims to provide a safety net for union members, helping them to weather temporary job losses and maintain their financial stability.

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Impact




October, 2024

The IBEW Local Union 212 Supplemental Unemployment Benefit Trust provides critical financial support to eligible union members who have been laid off from their jobs in the industry. By offering supplemental unemployment benefits, the Trust helps ease the financial burden of unexpected job loss, allowing members to maintain a level of stability while they seek new employment opportunities.

Members benefit directly from their individual participant accounts, which are designed to provide additional income during periods of unemployment. This financial assistance is crucial for covering essential living expenses, such as housing, food, and healthcare, thereby reducing the immediate stress and anxiety associated with unemployment.

The Trust enhances the overall wellbeing of union members and their families, promoting a sense of security during transitional periods in their careers. In doing so, it plays a vital role in fostering community solidarity among union members by ensuring that they have support during challenging times. This safety net not only aids individuals but also contributes to the resilience of the entire workforce, helping members re-enter the job market more effectively and sustainably.




This information is meant to be a general summary of Ibew Local Union 212 Supplemental Unemployment Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,686,835 (2022)
Expenses
$1,009,167 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $477,439
  • Program Service Revenue: $1,197,566
  • Gross Receipts: $2,091,757

Assets and Liabilities:

  • Total Assets: $11,556,033
  • Total Liabilities: $196,013
  • Net Assets: $11,360,020

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACTOR CONTRIBUTIONS

Revenue

$1,197,566

Organization Details

Founding Year

1972

Principal Officer

Christopher Archiable

Main Address

212 CROWNE POINT PLACE SUITE 102, CINCINNATI, OH, 452411388

NTEE Category

Code: Y40 - Mutual benefit

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