Overview
What is Electricians Welfare Fund-No 81?
Electricians Welfare Fund-No 81, based in Scranton, Pennsylvania, is a nonprofit organization affiliated with the International Brotherhood of Electrical Workers, Local Union #81. The primary mission of this welfare fund is to offer welfare benefits to its eligible members, including support during periods of sickness, hospitalization, disability, and even in the event of death. This safety net is organized and managed separately from the union itself, with a dedicated focus on providing essential aid to its affiliated electrical workers.
Is Electricians Welfare Fund-No 81 legitimate?
Electricians Welfare Fund-No 81 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electricians Welfare Fund-No 81 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.
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What is the mission statement of Electricians Welfare Fund-No 81?
The Electricians Welfare Fund-No 81, affiliated with the International Brotherhood of Electrical Workers, aims to provide welfare benefits to its eligible members. Operating independently, this welfare fund offers assistance in the event of death, sickness, hospitalization, and disability. The primary objective is to support its members during challenging times, ensuring they receive the necessary care and financial aid.
Who is the CEO of Electricians Welfare Fund-No 81?
Michael Mcdermott is the Union Trustee (To February 2022) of Electricians Welfare Fund-No 81.
What is the revenue of Electricians Welfare Fund-No 81?
Electricians Welfare Fund-No 81's revenue in 2022 was $8,238,937.
Who are the executives of Electricians Welfare Fund-No 81 and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Electricians Welfare Fund-No 81?
Electricians Welfare Fund-No 81's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Electricians Welfare Fund-No 81
Electricians Welfare Fund-No 81, an entity affiliated with the International Brotherhood of Electrical Workers, Local Union #81, is committed to offering welfare benefits to its eligible members. Operating through a separately organized welfare fund, this organization provides vital support during challenging times, extending aid in the event of death, sickness, hospitalization, and disability. By doing so, Electricians Welfare Fund-No 81 plays a significant role in easing the burdens faced by its members, ensuring they can navigate through hardships with some financial assistance and peace of mind.
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Impact
October, 2024
Electricians Welfare Fund-No 81 plays a vital role in enhancing the quality of life for its members through comprehensive welfare benefits. By providing support during critical times, such as death, sickness, hospitalization, and disability, the fund serves as a safety net for practicing electricians. This assistance helps members navigate financial challenges associated with health-related issues, promoting overall well-being and stability within the workforce.
Operating from Scranton, Pennsylvania, and affiliated with the International Brotherhood of Electrical Workers, Local Union #81, the fund reinforces the importance of mutual support among electricians. By pooling resources, members can access necessary benefits that might otherwise be out of reach, fostering a sense of community and solidarity. Ultimately, Electricians Welfare Fund-No 81 contributes significantly to the financial and emotional security of its eligible members, enabling them to focus on their work with peace of mind.
This information is meant to be a general summary of Electricians Welfare Fund-No 81. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $542,303
- Program Service Revenue: $7,696,634
- Gross Receipts: $11,542,871
Assets and Liabilities:
- Total Assets: $15,969,478
- Total Liabilities: $101,007
- Net Assets: $15,868,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS (CONTRACT
Revenue
$7,655,068
CONTRIBUTIONS (SELF-PAY
Revenue
$41,566
Organization Details
Founding Year
1954
Phone
(570) 344-5711Principal Officer
Michael Mcdermott
Main Address
431 WYOMING AVENUE, SCRANTON, PA, 18503
NTEE Category
Code: Y40 - Mutual benefit
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