Overview
What is Ibew Local Union 306 Supplemental Health Benefit Fund?
The Ibew Local Union 306 Supplemental Health Benefit Fund is a nonprofit organization situated in Canfield, Ohio, specifically at 3660 Stutz Drive. Its primary mission is to provide fully insured life, sickness, accident, and health benefits to retired members as well as surviving spouses of deceased retired members from IBEW Local Union 306. This fund also covers medical expenses, ensuring comprehensive healthcare support for its beneficiaries.
Is Ibew Local Union 306 Supplemental Health Benefit Fund legitimate?
Ibew Local Union 306 Supplemental Health Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local Union 306 Supplemental Health Benefit 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 Ibew Local Union 306 Supplemental Health Benefit Fund?
The Ibew Local Union 306 Supplemental Health Benefit Fund's mission is centered around providing comprehensive insurance coverage to retired members and their surviving spouses of IBEW Local Union 306. This includes fully insured benefits for life, sickness, accidents, and health, as well as medical care. The fund's primary objective is to ensure the well-being and financial security of its beneficiaries in their retirement years. It serves as a safety net, providing essential health benefits during times of illness or other unforeseen circumstances.
Who is the CEO of Ibew Local Union 306 Supplemental Health Benefit Fund?
Michael Might is the Chairman of Ibew Local Union 306 Supplemental Health Benefit Fund.
What is the revenue of Ibew Local Union 306 Supplemental Health Benefit Fund?
Ibew Local Union 306 Supplemental Health Benefit Fund's revenue in 2022 was $1,875,943.
Who are the executives of Ibew Local Union 306 Supplemental Health Benefit Fund and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew Local Union 306 Supplemental Health Benefit Fund?
Ibew Local Union 306 Supplemental Health Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local Union 306 Supplemental Health Benefit Fund
Ibew Local Union 306 Supplemental Health Benefit Fund is committed to providing comprehensive health benefits to retired members and their surviving spouses of IBEW Local Union 306. This nonprofit organization offers fully insured life, sickness, accident, and health benefits, ensuring the wellbeing of its beneficiaries in their post-employment years. The mission of Ibew Local Union 306 Supplemental Health Benefit Fund is centred around providing medical coverage, which is a vital support for the retirees and their spouses, ensuring they maintain their health and wellbeing after retirement.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The IBEW Local Union 306 Supplemental Health Benefit Fund offers crucial support to retired members and the surviving spouses of deceased retired members by providing fully insured life, sickness, accident, and health benefits. This safety net is vital for ensuring that individuals who have dedicated years to their profession can access essential health care and maintain financial security in retirement.
By delivering these benefits, the Fund significantly impacts the quality of life for its beneficiaries, alleviating the stress that often accompanies medical expenses and unexpected health issues. The provision of comprehensive health benefits promotes not only physical well-being but also peace of mind, recognizing the sacrifices and contributions of its members over the years.
The Fund plays a critical role in the community, fostering a sense of mutual support among members and their families. This alignment enhances solidarity within the union and reinforces the commitment to protect the interests of those who have served the union faithfully.
This information is meant to be a general summary of Ibew Local Union 306 Supplemental Health Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $200,303
- Program Service Revenue: $1,675,511
- Gross Receipts: $2,933,248
Assets and Liabilities:
- Total Assets: $7,640,859
- Total Liabilities: $146,503
- Net Assets: $7,494,356
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$768,152
MEDICAL REIMBURSEMENT CONTR.
Revenue
$365,037
PARTICIPANT CONTRIBUTIONS
Revenue
$542,322
Organization Details
Founding Year
1983
Phone
(330) 929-3189Principal Officer
Michael Might
Main Address
3660 STUTZ DRIVE, CANFIELD, OH, 44406
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Ibew Local Union 306 Supplemental Health Benefit Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.