4th District Ibew Health Fund

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

EIN: 316068797 ✦ Ona, WV ✦ Designated as a 501(c)(9)

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Overview

What is 4th District Ibew Health Fund?

The 4th District IBEW Health Fund is a nonprofit organization situated in Ona, West Virginia, specifically at 3150 US Route 66. Their primary mission is to extend health and insurance benefits to their members, covering various aspects such as health, accident, sickness, dental, and life insurance for both members and their dependents. They fulfill this mission by processing and making payments for claims related to these insurance categories.

Is 4th District Ibew Health Fund legitimate?

4th District Ibew Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. 4th District Ibew Health 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 4th District Ibew Health Fund?

The 4th District IBEW Health Fund is dedicated to providing essential health and insurance benefits to its members. Through the payment of claims for health, accident, sickness, dental, and life insurance, the fund ensures that members and their dependents have access to necessary coverage. The organization's primary goal is to secure the well-being of its members by offering a comprehensive range of insurance services. By providing these benefits, the 4th District IBEW Health Fund enables its members to focus on their lives and work, with the peace of mind that comes from knowing they are protected. Additionally, the fund's commitment extends beyond individual coverage, fostering a sense of community and solidarity among its members.

Who is the CEO of 4th District Ibew Health Fund?

William Hamilton is the Chairman Trustee of 4th District Ibew Health Fund.

What is the revenue of 4th District Ibew Health Fund?

4th District Ibew Health Fund's revenue in 2022 was $85,309,236.

Who are the executives of 4th District Ibew Health Fund and what are their salaries?

There 8 volunteers at 4th District Ibew Health Fund.


Here are 8 key members and their salaries:


Bill Hamilton (Chairman Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Samples (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Ferrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Brady (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Frantz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Dishon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Wolfe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 4th District Ibew Health Fund?

4th District Ibew Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 4th District Ibew Health Fund

The 4th District IBEW Health Fund is a dedicated organization that extends its commitment to members by offering essential health and insurance benefits. By processing claims for health, accident, sickness, dental, and life insurance, the Fund ensures that its members and their dependents are shielded against various health-related uncertainties.

In simple terms, the 4th District IBEW Health Fund serves as a safety net for its members, providing them with much-needed peace of mind. The organization's primary mission lies in delivering health and insurance coverage, offering financial relief during challenging times. Whether it's an unexpected illness, an accident, or the sadness of losing a loved one, the Fund steps in to provide the necessary support.

By meticulously processing and approving claims, the 4th District IBEW Health Fund strives to alleviate the financial burden of healthcare expenses that can often be overwhelming. The organization's unwavering dedication to its members allows them to focus on healing and recovery, rather than worrying about the financial implications of their health situations.

In summary, the 4th District IBEW Health Fund is an essential resource for its members, providing vital health and insurance benefits during times of need. By focusing on the processing and approval of claims for various types of coverage, the organization effectively shields its members from the financial burden of healthcare expenses, fostering a sense of security and peace of mind.

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Impact




October, 2024

The 4th District IBEW Health Fund significantly enhances the well-being of its members by providing essential health and insurance benefits. By paying claims for various types of coverage—including health, accident, sickness, dental, and life insurance—it ensures that members and their dependents receive necessary support during critical times. This financial safety net not only contributes to the overall health of the community it serves in ONA, WV, but also fosters peace of mind for members who can rely on comprehensive care during unexpected health challenges. The Fund's efforts to provide these benefits empower members, enhancing their quality of life and stability.




This information is meant to be a general summary of 4th District Ibew Health 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
$85,309,236 (2022)
Expenses
$69,267,574 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,630,683
  • Program Service Revenue: $83,678,553
  • Gross Receipts: $85,983,532

Assets and Liabilities:

  • Total Assets: $71,153,074
  • Total Liabilities: $2,328,373
  • Net Assets: $68,824,701

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$75,017,561

PARTICIPANT DIRECT PMTS

Revenue

$8,352,841

MEDICARE PART D SUBSIDIES

Revenue

$308,151

Organization Details

Founding Year

1961

Principal Officer

William Hamilton

Main Address

3150 US ROUTE 60, ONA, WV, 25545

NTEE Category

Code: Y43 - Mutual benefit

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