Ibew Local 300 Health And Welfare

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

EIN: 237293087 ✦ South burlington, VT ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 300 Health And Welfare?

Ibew Local 300 Health and Welfare is a nonprofit organization situated at 3 Gregory Drive, South Burlington, VT 05403. With a team of 11 dedicated individuals, their primary mission is to offer comprehensive health, dental, vision, short-term disability, and life insurance benefits to all eligible members of Local 300. The organization is committed to ensuring the well-being of its members by providing essential health-related services and support.

Is Ibew Local 300 Health And Welfare legitimate?

Ibew Local 300 Health And Welfare is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 300 Health And Welfare 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: $88,131

For more financial information, click here

What is the mission statement of Ibew Local 300 Health And Welfare?

Ibew Local 300 Health and Welfare is committed to providing essential health, dental, vision, short-term disability, and life insurance benefits to all eligible members. Their mission is to ensure the well-being of the Local 300 community by offering comprehensive insurance coverage. They strive to provide these benefits, enhancing the overall health and financial security of the members. The organization's activities are focused on extending these advantages to all eligible members, demonstrating their dedication to the well-being of their community.

Who is the CEO of Ibew Local 300 Health And Welfare?

Timothy Labombard is the Trustee of Ibew Local 300 Health And Welfare.

What is the revenue of Ibew Local 300 Health And Welfare?

Ibew Local 300 Health And Welfare's revenue in 2022 was $3,830,044.

Who are the executives of Ibew Local 300 Health And Welfare and what are their salaries?

The average compensation at Ibew Local 300 Health And Welfare during 2022 was $8,012. There are 11 employees at Ibew Local 300 Health And Welfare.


Here are 6 key members and their salaries:


Shannon Lapierre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Labombard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ritz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Peck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Wimette (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 300 Health And Welfare?

Ibew Local 300 Health And Welfare's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 300 Health And Welfare

Ibew Local 300 Health and Welfare is dedicated to providing essential health, dental, vision, short-term disability, and life insurance benefits to all eligible members. Their mission is to ensure the well-being of the Local 300 community by offering comprehensive insurance coverage, thereby enhancing their overall quality of life. The organization strives to safeguard the health and financial security of its members, extending vital insurance benefits that cater to various medical needs and unforeseen circumstances.

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Impact




October, 2024

Ibew Local 300 Health And Welfare significantly impacts the well-being of its members by providing essential health, dental, vision, short-term disability, and life insurance benefits. This support ensures that Local 300 members have access to necessary healthcare services and financial protection during times of illness or unforeseen circumstances.

By offering comprehensive health benefits, the organization contributes to the overall health of its members, allowing them to focus on their work and family without the stress of medical expenses. The dental and vision coverage addresses critical aspects of health that are often overlooked, promoting better long-term outcomes for members.

In addition, short-term disability benefits provide crucial financial support for members who may be temporarily unable to work due to health issues, reducing the immediate impact on their livelihoods. Life insurance benefits add another layer of security, ensuring that families are financially protected in the event of a member's death.

Overall, Ibew Local 300 Health And Welfare plays a vital role in enhancing the quality of life for its members in South Burlington, VT, fostering a sense of mutual benefit and support within the local community.




This information is meant to be a general summary of Ibew Local 300 Health And Welfare. 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
$3,830,044 (2022)
Expenses
$3,976,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46,400
  • Program Service Revenue: $3,783,644
  • Gross Receipts: $3,830,044

Assets and Liabilities:

  • Total Assets: $3,376,422
  • Total Liabilities: $327,267
  • Net Assets: $3,049,155

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,627,826

EMPLOYEE CONTRIBUTIONS

Revenue

$121,498

COBRA SUBSIDY

Revenue

$34,320

Organization Details

Founding Year

1981

Principal Officer

Timothy Labombard

Main Address

3 GREGORY DRIVE, SOUTH BURLINGTON, VT, 05403

NTEE Category

Code: Y40 - Mutual benefit

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