Youngstown Area Electrical Welfare Fund

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

EIN: 340835041 ✦ Canfield, OH ✦ Designated as a 501(c)(9)

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Overview

What is Youngstown Area Electrical Welfare Fund?

The Youngstown Area Electrical Welfare Fund is a nonprofit organization that prioritizes the well-being of its members. It offers comprehensive healthcare solutions, including health insurance coverage, accidental death and dismemberment protection, and temporary disability income. Their primary mission is to ensure the health and welfare of their members, striving to provide them with essential medical support when needed.

Is Youngstown Area Electrical Welfare Fund legitimate?

Youngstown Area Electrical Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Youngstown Area Electrical Welfare 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 Youngstown Area Electrical Welfare Fund?

The Youngstown Area Electrical Welfare Fund's mission is centered around providing healthcare to its members. This is accomplished through various means, including offering health care coverage and insurance, providing protection against accidental death and dismemberment, and offering temporary disability income during periods of illness or injury. The fund's mission is essential in ensuring the well-being of its members, thereby enhancing their overall quality of life.

What is the revenue of Youngstown Area Electrical Welfare Fund?

Youngstown Area Electrical Welfare Fund's revenue in 2023 was $4,639,453.

Who are the executives of Youngstown Area Electrical Welfare Fund and what are their salaries?

There are 9 employees at Youngstown Area Electrical Welfare Fund.

Here are 6 key members and their salaries:


Cody Hilliard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lipka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Evangelista (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric W Jay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahren A Peplow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Viano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Youngstown Area Electrical Welfare Fund?

Youngstown Area Electrical Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Youngstown Area Electrical Welfare Fund

The Youngstown Area Electrical Welfare Fund is committed to providing healthcare to its members. This is achieved through various means, including offering health care coverage and insurance, accidental death and dismemberment benefits, and temporary disability income. The organization's mission is to ensure that its members have access to necessary healthcare services, providing them with peace of mind and the ability to maintain their wellbeing. By offering comprehensive healthcare solutions, the Youngstown Area Electrical Welfare Fund demonstrates its dedication to the welfare of its members, ensuring they can focus on their lives without the added stress of healthcare-related concerns.

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Impact




October, 2024

The Youngstown Area Electrical Welfare Fund plays a crucial role in delivering essential healthcare services to its members. By providing health coverage and insurance, it ensures that individuals have access to necessary medical care, which can significantly improve their overall well-being.

In addition to standard healthcare coverage, the fund offers protections such as accidental death and dismemberment benefits, which provide financial support in unforeseen circumstances. Furthermore, the provision of temporary disability income allows members to maintain their financial stability during periods of inability to work due to health issues.

By addressing both immediate healthcare needs and potential future risks, the Youngstown Area Electrical Welfare Fund enhances the security and health of its members, fostering a sense of community and support within the labor force it serves.




This information is meant to be a general summary of Youngstown Area Electrical Welfare 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
$4,639,453 (2023)
Expenses
$3,586,982 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $197,324
  • Program Service Revenue: $4,435,129
  • Gross Receipts: $4,639,453

Assets and Liabilities:

  • Total Assets: $5,611,436
  • Total Liabilities: $726,498
  • Net Assets: $4,884,938

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Programs

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

EMPLOYER

Revenue

$4,353,242

MEMBERS

Revenue

$81,887

Organization Details

Founding Year

1958

Principal Officer

Cody Hilliard

NTEE Category

Code: Y40 - Mutual benefit

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