Ibew Local 712 - Welfare Trust Fund

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

EIN: 256037360 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(18)

Overview

What is Ibew Local 712 - Welfare Trust Fund?

Ibew Local 712's Welfare Trust Fund is a nonprofit organization located in Pittsburgh, Pennsylvania, with a total of 19 employees. The primary mission of this fund is to provide essential benefits to the 550 active members of IBEW and their dependents. These benefits include access to medical coverage and non-occupational dental services, as well as certain death benefits. The organization's focus lies in ensuring the wellbeing and support of its members, offering them crucial healthcare advantages that go beyond their occupational requirements.


Is Ibew Local 712 - Welfare Trust Fund legitimate?

Ibew Local 712 - Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(18) entity. Ibew Local 712 - Welfare Trust Fund 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.

Here 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 712 - Welfare Trust Fund?
Who is the CEO of Ibew Local 712 - Welfare Trust Fund?
What is the revenue of Ibew Local 712 - Welfare Trust Fund?
Who are the executives of Ibew Local 712 - Welfare Trust Fund and what are their salaries?
Where can I find the form 990 for Ibew Local 712 - Welfare Trust Fund?

Mission Statement of Ibew Local 712 - Welfare Trust Fund

Ibew Local 712 - Welfare Trust Fund is a mission-driven organization that provides essential medical and dental benefits, as well as certain death benefits, to its 550 active members and their dependents. The Trust Fund prioritizes the wellbeing of its members by ensuring they have access to comprehensive healthcare services.

Medical coverage is at the heart of Ibew Local 712 - Welfare Trust Fund's offerings. This means that the Trust Fund offers its members and their dependents the ability to manage their health and seek necessary medical care when needed. Beyond medical benefits, the organization extends its reach to include non-occupational dental coverage. This dental coverage empowers members to maintain good oral health, contributing to an overall sense of wellbeing.

In the unfortunate event of a member's passing, Ibew Local 712 - Welfare Trust Fund offers certain death benefits. These benefits are designed to provide financial assistance and support during an incredibly difficult time. By offering these benefits, the Trust Fund aims to help alleviate some of the financial burden that can come with mourning the loss of a loved one. Overall, Ibew Local 712 - Welfare Trust Fund is dedicated to enhancing the lives of its members by ensuring they have access to the healthcare resources they need to thrive.

Impact

This information is meant to be a general summary of Ibew Local 712 - Welfare Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Ibew Local 712 - Welfare Trust Fund provides essential medical and death benefits to its 550 active members and their dependents in Pittsburgh, PA. This ensures that these individuals have access to necessary healthcare services and support in times of need. The impact of this trust fund is significant as it directly improves the well-being and financial security of its members and their families, contributing to a healthier and more stable community overall.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $709,551
  • Program Service Revenue: $24,972,914
  • Gross Receipts: $26,517,032

    • Assets and Liabilities:
  • Total Assets: $84,826,495
  • Total Liabilities: $1,762,378
  • Net Assets: $83,064,117
  • Programs

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

    CONTRACTOR ASSESSMENTS

    Revenue

    $23,969,924

    RECIPROCITY CONTRIBUTIONS

    Revenue

    $956,997

    MEMBER CONTRIBUTIONS

    Revenue

    $45,993

    Organization Details

    Founding Year

    1955

    Principal Officer

    Matt Cowie

    Main Address

    5 HOT METAL STREET SUITE 200, PITTSBURGH, PA, 152032352

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Ibew Local 712 - Welfare Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.