Overview
What is Electrical Workers Benefit Trust Fund?
The Electrical Workers Benefit Trust Fund is a nonprofit organization established to extend health and welfare benefits to its members and their dependents. The primary objective of this trust is to ensure access to essential long-term disability and death benefits, improving the overall well-being and financial security of its members.
Is Electrical Workers Benefit Trust Fund legitimate?
Electrical Workers Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Benefit Trust 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: $67,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,580
For more financial information, click here
What is the mission statement of Electrical Workers Benefit Trust Fund?
The Electrical Workers Benefit Trust Fund is dedicated to delivering health and welfare benefits. It serves to extend these essential benefits to members and their dependents. The organization's primary goal is to ensure access to long-term disability and death benefits. By focusing on health and welfare, the Fund aims to provide security and peace of mind for its members. Elaborating further, it acts as a safety net for the workforce in the electrical industry, ensuring they have access to necessary coverage and support when they need it most. The Fund's mission is to foster a sense of wellbeing within the community it serves, enabling them to lead fulfilling lives.
What is the revenue of Electrical Workers Benefit Trust Fund?
Electrical Workers Benefit Trust Fund's revenue in 2023 was $53,581,724.
Who are the executives of Electrical Workers Benefit Trust Fund and what are their salaries?
The average compensation at Electrical Workers Benefit Trust Fund during 2023 was $5,887. There are 64 employees at Electrical Workers Benefit Trust Fund.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $113,264
- Other: $70,833
- 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: $1,481
- Other: $0
- Compensation: $0
- Related: $6,886
- Other: $3,831
- Compensation: $0
- Related: $107,484
- Other: $68,883
- Compensation: $150,867
- Related: $0
- Other: $77,462
- Compensation: $105,868
- Related: $0
- Other: $64,229
Where can I find the form 990 for Electrical Workers Benefit Trust Fund?
Electrical Workers Benefit Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Electrical Workers Benefit Trust Fund
The Electrical Workers Benefit Trust Fund is a dedicated organization with a mission to extend health and welfare benefits to its members and their dependents. Established to ensure the wellbeing of its members, the Trust Fund offers long-term disability and death benefits as part of its core purpose. By granting access to these crucial benefits, the organization provides a safety net for those in need, ensuring peace of mind and financial security during challenging times.
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 Electrical Workers Benefit Trust Fund plays a crucial role in enhancing the well-being of electrical workers and their dependents. By providing comprehensive health and welfare benefits, it ensures that members have access to essential services that can significantly improve their quality of life. This includes long-term disability support, which offers financial stability in the face of unforeseen circumstances, as well as death benefits that provide security for families during challenging times. Located in Indianapolis, Indiana, the trust fund is dedicated to fostering a sense of mutual benefit among electrical workers, reinforcing the importance of collective support and care within the community. Through its efforts, it alleviates some of the financial burdens associated with health care and unforeseen life events, ultimately contributing to a more secure and resilient workforce.
This information is meant to be a general summary of Electrical Workers Benefit Trust 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 2023.
- Investment Income: $4,100,862
- Program Service Revenue: $48,687,265
- Gross Receipts: $87,609,209
Assets and Liabilities:
- Total Assets: $158,526,300
- Total Liabilities: $406,430
- Net Assets: $158,119,870
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
$44,762,481
PARTICIPANT CONTRIBUTIONS
Revenue
$2,788,449
PRESCRIPTION REBATES
Revenue
$1,032,945
SUBROGATION RECOVERIES
Revenue
$65,112
STOP LOSS REFUNDS
Revenue
$14,713
Organization Details
Founding Year
1949
Principal Officer
David Ray
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Electrical Workers Benefit Trust 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.