Local 212 Ibew Health & Welfare Trust Fund

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

EIN: 310782819 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Local 212 Ibew Health & Welfare Trust Fund?

The Local 212 IBEW Health & Welfare Trust Fund is a nonprofit organization based in Indianapolis, Indiana. With a team of 52 employees, they dedicate their mission to providing essential benefits, including medical, dental, vision, prescription drug, and disability coverage, to eligible participants of Local 212, IBEW. By offering these vital services, they aim to ensure the well-being and support of their community.

What are the reviews and ratings of this charity?

The Local 212 Ibew Health & Welfare Trust Fund is not currently rated by Charity Navigator, as it does not meet the criteria typically used for these evaluations, primarily because it is not registered as a 501(c)(3) nonprofit under the IRS. Charity Navigator usually requires organizations to have an Accountability & Finance beacon or an Impact & Measurement beacon to be eligible for a rating. However, the lack of a rating from Charity Navigator does not necessarily imply a positive or negative standing of the organization.

Historically, Charity Navigator ratings were mostly based on criteria akin to today's Accountability and Finance beacon, focusing on financial health and transparency. For organizations not categorized as a 501(c)(3), certain evaluations related to Impact & Measurement and Culture & Community are not possible. Therefore, the absence of certain financial and leadership data, such as revenue, expenses, and key personnel salaries, restricts comprehensive assessment from this platform.

Additionally, there are no user reviews available for the Local 212 Ibew Health & Welfare Trust Fund on GreatNonprofits, leaving community sentiment and detailed stakeholder evaluations unexplored. This absence of feedback means an external perspective on the organization's operations and effectiveness is unavailable from this source.


This AI summary has been generated from information found on Charity Navigator.

Is Local 212 Ibew Health & Welfare Trust Fund legitimate?

Local 212 Ibew Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 212 Ibew Health & 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

For more financial information, click here

What is the mission statement of Local 212 Ibew Health & Welfare Trust Fund?

The Local 212 IBEW Health & Welfare Trust Fund is dedicated to delivering benefits to eligible participants. The mission of this organization is to ensure the provision of comprehensive health and welfare services. Eligible members have access to medical, dental, vision, prescription drug, and disability benefits. The organization's goal is to improve the overall well-being and quality of life for its members by providing essential healthcare services. Through these offerings, it aims to support the health and wellbeing of the Local 212 IBEW community. The Trust Fund prioritizes the wellness of its members and strives to address their healthcare needs in a comprehensive manner.

Who is the CEO of Local 212 Ibew Health & Welfare Trust Fund?

Richard Fischer is the Trustee of Local 212 Ibew Health & Welfare Trust Fund.

What is the revenue of Local 212 Ibew Health & Welfare Trust Fund?

Local 212 Ibew Health & Welfare Trust Fund's revenue in 2022 was $19,242,820.

Who are the executives of Local 212 Ibew Health & Welfare Trust Fund and what are their salaries?

There are 52 employees at Local 212 Ibew Health & Welfare Trust Fund.


Here are 6 key members and their salaries:


Richard Fischer (Trustee)
  • Compensation: $0
  • Related: $112,304
  • Other: $52,394
Andy Hensley (Trustee)
  • Compensation: $0
  • Related: $4,285
  • Other: $0
Kurt Kube (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Mayers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Mundy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schroth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 212 Ibew Health & Welfare Trust Fund?

Local 212 Ibew Health & Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 212 Ibew Health & Welfare Trust Fund

Local 212 IBEW Health & Welfare Trust Fund is a mission-driven organization dedicated to offering essential benefits to eligible participants of Local 212. Its primary goal is to enhance the wellbeing of these individuals by providing them with medical, dental, vision, prescription drug, and disability coverage.

In simple terms, the Trust Fund serves as a vital safety net for those connected to Local 212, ensuring they have access to essential healthcare services that foster improved health and overall quality of life. By providing a comprehensive range of benefits, the Trust Fund empowers its recipients to focus on their personal and professional growth without being burdened by healthcare concerns.

The organization's unwavering commitment to its members is reflected in the various benefits it offers. Medical coverage ensures that participants have access to necessary medical treatments, enabling them to manage their health conditions effectively. Dental benefits are essential for maintaining good oral health and preventing potential health complications. Vision coverage is crucial for maintaining optimal eye health and ensuring that individuals can perform their daily tasks effectively. Prescription drug benefits provide financial assistance to help participants afford life-saving medications. Lastly, disability benefits offer peace of mind by providing financial support during times of incapacity.

Through its mission to provide benefits to eligible participants of Local 212, IBEW Health & Welfare Trust Fund plays a significant role in promoting better health outcomes and reducing financial stress for its members. This, in turn, fosters a more productive and engaged workforce, ultimately benefiting the entire Local 212 community.

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Impact




October, 2024

Local 212 IBEW Health & Welfare Trust Fund plays a crucial role in enhancing the well-being of its eligible participants. It offers a comprehensive range of benefits, including medical, dental, vision, prescription drug, and disability coverage. These vital services not only support the health of individuals but also contribute to their overall quality of life, enabling them to access necessary healthcare services without financial strain. By providing a safety net for its members, the Trust Fund fosters a sense of security and community, ensuring that those who are part of Local 212 can focus on their work and personal lives with greater peace of mind.




This information is meant to be a general summary of Local 212 Ibew Health & 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.

Revenue
$19,242,820 (2022)
Expenses
$19,053,838 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $783,740
  • Program Service Revenue: $17,699,575
  • Gross Receipts: $19,755,777

Assets and Liabilities:

  • Total Assets: $33,214,822
  • Total Liabilities: $8,564,308
  • Net Assets: $24,650,514

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Programs

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

CONTRACTOR CONTRIBUTIONS

Revenue

$15,385,060

SELF PAYMENTS

Revenue

$2,314,515

Organization Details

Founding Year

1973

Principal Officer

Richard Fischer

Main Address

5420 WEST SOUTHERN AVE SUITE 407, INDIANAPOLIS, IN, 46241

NTEE Category

Code: Y40 - Mutual benefit

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