Ibew Local 82 Health & Welfare CO 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)

Overview

What is Ibew Local 82 Health & Welfare CO 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 CO 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 not 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 82 Health & Welfare CO American Benefit Corp?
Who is the CEO of Ibew Local 82 Health & Welfare CO American Benefit Corp?
What is the revenue of Ibew Local 82 Health & Welfare CO American Benefit Corp?
Who are the executives of Ibew Local 82 Health & Welfare CO American Benefit Corp and what are their salaries?
Where can I find the form 990 for Ibew Local 82 Health & Welfare CO American Benefit Corp?

Mission Statement of Ibew Local 82 Health & Welfare CO 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.

Impact

This information is meant to be a general summary of Ibew Local 82 Health & Welfare CO American Benefit Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of Ibew Local 82 Health & Welfare CO American Benefit Corp is significant in providing essential health, prescription, and death benefits to covered members, retirees, and dependents. By offering self-funded health insurance benefits, fully-insured life and disability benefits, and supplemental Medicare coverage, this organization plays a crucial role in supporting the well-being and financial security of eligible participants associated with the International Brotherhood of Electrical Workers Local 82. The services provided by Ibew Local 82 Health & Welfare CO American Benefit Corp help ensure that individuals and their families have access to necessary healthcare and financial protection during critical times, ultimately contributing to the overall welfare and stability of the community.





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: $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
  • 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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