Ibew Local 82 Health & Welfare C/O American Benefit Corp

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

EIN: 316084151 ✦ Ona, WV ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 82 Health & Welfare C/O American Benefit Corp?

Ibew Local 82 Health & Welfare CO American Benefit Corp is a nonprofit organization providing self-funded health insurance benefits, as well as fully insured life and disability benefits, and supplemental medicare coverage to eligible members, retirees, and dependents of International Brotherhood of Electrical Workers Local 82. Located at 3150 US Route 60, Ona, West Virginia (25545), the organization's mission is to offer essential health, prescription, and death benefits to its covered community.

Is Ibew Local 82 Health & Welfare C/O American Benefit Corp legitimate?

Ibew Local 82 Health & Welfare C/O American Benefit Corp is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 82 Health & Welfare C/O American Benefit Corp 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 Ibew Local 82 Health & Welfare C/O American Benefit Corp?

IBEW Local 82 Health & Welfare CO American Benefit Corp is dedicated to delivering health, prescription, and death benefits to their covered members, retirees, and dependents. The organization provides self-funded health insurance benefits, in addition to fully insured life and disability coverage, and supplemental Medicare plans. Their mission centers around ensuring the wellbeing and financial security of those they serve.

Who is the CEO of Ibew Local 82 Health & Welfare C/O American Benefit Corp?

Ryan Jones is the Trustee of Ibew Local 82 Health & Welfare C/O American Benefit Corp.

What is the revenue of Ibew Local 82 Health & Welfare C/O American Benefit Corp?

Ibew Local 82 Health & Welfare C/O American Benefit Corp's revenue in 2022 was $15,436,874.

Who are the executives of Ibew Local 82 Health & Welfare C/O American Benefit Corp and what are their salaries?


Here are 11 key members and their salaries:


James A Fortkamp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Lohbeck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Serrer (Alt. Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Poeppelmeier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mcguffey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Gust (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Welling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Harrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Craport (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Broxterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keybank (Institutional Trustee)
  • Compensation: $14,231
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 82 Health & Welfare C/O American Benefit Corp?

Ibew Local 82 Health & Welfare C/O American Benefit Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 82 Health & Welfare C/O American Benefit Corp

Ibew Local 82 Health & Welfare CO American Benefit Corp, a crucial organization, is dedicated to extending health, prescription, and death benefits to its covered members, retirees, and their dependents. The mission of this entity revolves around ensuring the well-being and financial security of the members of International Brotherhood of Electrical Workers Local 82, particularly in their health and life insurance needs.

By offering self-funded health insurance benefits, Ibew Local 82 Health & Welfare CO American Benefit Corp assumes the responsibility of managing healthcare costs for its participants. This not only includes comprehensive medical coverage but also encompasses fully insured life and disability benefits. Additionally, the organization extends supplemental Medicare coverage to its retirees. Through these offerings, Ibew Local 82 Health & Welfare CO American Benefit Corp enables its members to access vital healthcare services and financial assistance during critical times.

The commitment of Ibew Local 82 Health & Welfare CO American Benefit Corp to its members goes beyond just covering their health and life insurance needs. This nonprofit organization plays a significant role in providing essential benefits and support to the families and retirees of International Brotherhood of Electrical Workers Local 82, ensuring their peace of mind and overall well-being.

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Impact




October, 2024

Ibew Local 82 Health & Welfare C/O American Benefit Corp plays a crucial role in supporting the well-being of its members, retirees, and their dependents by offering essential health and welfare benefits. This organization provides self-funded health insurance, which helps alleviate financial burdens associated with medical expenses for covered individuals. It also offers fully insured life and disability benefits, ensuring financial security in the event of unforeseen circumstances.

Additionally, the organization provides supplemental Medicare coverage, which enhances the healthcare options available to retirees, allowing them to access necessary services without overwhelming costs. By focusing on health, prescription, and death benefits, Ibew Local 82 Health & Welfare fosters a supportive environment for its community, ensuring that members and their families have access to vital resources during challenging times. This comprehensive approach not only improves the quality of life for those it serves but also promotes a sense of security and mutual benefit within the community.




This information is meant to be a general summary of Ibew Local 82 Health & Welfare C/O American Benefit Corp. 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
$15,436,874 (2022)
Expenses
$12,032,757 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $798,422
  • Program Service Revenue: $14,638,452
  • Gross Receipts: $15,649,217

Assets and Liabilities:

  • Total Assets: $29,138,971
  • Total Liabilities: $98,499
  • Net Assets: $29,040,472

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Programs

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

Employer Contribution

Revenue

$13,941,176

Participant Contribution

Revenue

$697,276

Organization Details

Founding Year

1967

Principal Officer

Ryan Jones

Main Address

3150 US Route 60, Ona, WV, 25545

NTEE Category

Code: Y40 - Mutual benefit

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