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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ibew Local 712 - Welfare Trust Fund?
The Ibew Local 712 Welfare Trust Fund provides benefits to its approximately 550 active members and their dependents. Among the perks offered are medical and non-occupational dental coverage, as well as certain death benefits. The Trust Fund's primary objective is to extend these essential benefits to its members, ensuring their wellbeing and peace of mind. By securing access to these benefits, the organization plays a pivotal role in enhancing the quality of life for its members and their families.
Who is the CEO of Ibew Local 712 - Welfare Trust Fund?
Matt Cowie is the Trustee of Ibew Local 712 - Welfare Trust Fund.
What is the revenue of Ibew Local 712 - Welfare Trust Fund?
Ibew Local 712 - Welfare Trust Fund's revenue in 2022 was $25,682,631.
Who are the executives of Ibew Local 712 - Welfare Trust Fund and what are their salaries?
There are 19 employees at Ibew Local 712 - Welfare Trust Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew Local 712 - Welfare Trust Fund?
Ibew Local 712 - Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
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.
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Impact
October, 2024
The IBEW Local 712 - Welfare Trust Fund provides significant support to its 550 active members and their dependents by facilitating access to essential medical and non-occupational dental benefits. This assistance plays a crucial role in enhancing the overall well-being of the members, ensuring they receive necessary healthcare services without the burden of excessive costs. Additionally, the fund offers certain death benefits, which provide financial security and peace of mind to families during difficult times. The overall impact of the Welfare Trust Fund fosters a supportive community that prioritizes the health and welfare of its members, contributing to their stability and quality of life.
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.
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: $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
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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
Phone
(412) 432-1125Principal Officer
Matt Cowie
Main Address
5 HOT METAL STREET SUITE 200, PITTSBURGH, PA, 152032352
NTEE Category
Code: Y20 - Mutual benefit
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