Lake County Indiana Neca-Ibew Health And Benefit Plan

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

EIN: 350911491 ✦ Merrillville, IN ✦ Designated as a 501(c)(9)

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Overview

What is Lake County Indiana Neca-Ibew Health And Benefit Plan?

The Lake County Indiana Neca Ibew Health and Benefit Trust Plan is a nonprofit organization dedicated to offering health and welfare benefits, as well as life insurance, to eligible individuals and their dependents. Their mission is centered around providing health benefits, ensuring the wellbeing of those enrolled in the plan.

Is Lake County Indiana Neca-Ibew Health And Benefit Plan legitimate?

Lake County Indiana Neca-Ibew Health And Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lake County Indiana Neca-Ibew Health And Benefit Plan 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: $186,271

For more financial information, click here

What is the mission statement of Lake County Indiana Neca-Ibew Health And Benefit Plan?

The Lake County Indiana Neca-Ibew Health and Benefit Trust Plan focuses on delivering health benefits to eligible individuals and their dependents. In keeping with its mission, the organization offers health and welfare benefits, as well as life insurance. The primary goal is to ensure access to essential health services, enhancing overall well-being. Through meticulous adherence to its provisions, the Lake County Indiana Neca-Ibew Health and Benefit Plan aims to make a positive impact on the lives of those it serves. By providing comprehensive health benefits, the organization continues to prioritize the well-being of its participants and their dependents.

Who is the CEO of Lake County Indiana Neca-Ibew Health And Benefit Plan?

Felipe Hernandez is the Trustee of Lake County Indiana Neca-Ibew Health And Benefit Plan.

What is the revenue of Lake County Indiana Neca-Ibew Health And Benefit Plan?

Lake County Indiana Neca-Ibew Health And Benefit Plan's revenue in 2022 was $19,140,849.

Who are the executives of Lake County Indiana Neca-Ibew Health And Benefit Plan and what are their salaries?

The average compensation at Lake County Indiana Neca-Ibew Health And Benefit Plan during 2022 was $3,582. There are 52 employees at Lake County Indiana Neca-Ibew Health And Benefit Plan.


Here are 8 key members and their salaries:


Joree Richards (Trustee)
  • Compensation: $0
  • Related: $157,149
  • Other: $64,388
Felipe Hernandez (Trustee)
  • Compensation: $0
  • Related: $128,630
  • Other: $64,388
Ed Shikany (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Corsiglia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Walton Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Waldrop (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake County Indiana Neca-Ibew Health And Benefit Plan?

Lake County Indiana Neca-Ibew Health And Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lake County Indiana Neca-Ibew Health And Benefit Plan

The Lake County Indiana Neca-Ibew Health and Benefit Plan is a dedicated organization with a mission to deliver health benefits to eligible participants and their dependents. In simple terms, it's a trust that offers health and welfare advantages, as well as life insurance, in accordance with its plan provisions. This mission is geared towards ensuring that individuals under its purview have access to essential health services and financial security through life insurance. By providing these benefits, the Lake County Indiana Neca-Ibew Health and Benefit Plan enhances the overall well-being and quality of life for those it serves.

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Impact




October, 2024

The Lake County Indiana Neca-Ibew Health and Benefit Plan plays a critical role in improving the health and well-being of eligible participants and their dependents by offering essential health and welfare benefits, including life insurance. By ensuring access to comprehensive healthcare services, the plan helps mitigate financial burdens associated with medical expenses, allowing individuals and families to maintain their health more effectively.

This initiative fosters a safety net for workers in the area, promoting a healthier workforce and contributing to the overall stability of the community. By offering various health benefits, it enhances members' quality of life and provides peace of mind, knowing that they have support in times of medical need. The plan’s dedication to health benefits not only supports individuals and families but also reinforces the commitment to collective welfare, reflecting the values of mutual benefit and community solidarity that are essential in today’s society.




This information is meant to be a general summary of Lake County Indiana Neca-Ibew Health And Benefit Plan. 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
$19,140,849 (2022)
Expenses
$20,684,176 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,851,649
  • Program Service Revenue: $21,973,176
  • Gross Receipts: $60,941,207

Assets and Liabilities:

  • Total Assets: $104,442,539
  • Total Liabilities: $236,957
  • Net Assets: $104,205,582

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Programs

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

EMPLOYER/RECIP CONTRIB.

Revenue

$17,783,008

SUBSIDIZED RETIREE CONT

Revenue

$2,207,097

PARTICIPANT CONTRIBUTIONS

Revenue

$1,082,745

STOP LOSS & REINSURANCE

Revenue

$426,289

PRESCRIPTION DRUG REBATES

Revenue

$425,919

Organization Details

Founding Year

1952

Principal Officer

Felipe Hernandez

Main Address

7200 MISSISSIPPI STREET 300, MERRILLVILLE, IN, 46410

NTEE Category

Code: Y40 - Mutual benefit

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