Lake County Indiana Neca Ibew H&B Plan P Trust

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

EIN: 352143298 ✦ Merrillville, IN ✦ Designated as a 501(c)(9)

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Overview

What is Lake County Indiana Neca Ibew H&B Plan P Trust?

Lake County Indiana Neca Ibew H&B Plan P Trust is a nonprofit organization located at 7200 Mississippi St 300, Merrillville, IN 46410. Their primary objective is to partially or fully offset required self-payments, enabling them to provide retired health and welfare benefits to eligible participants, in accordance with their plan documents. Essentially, this trust aims to supplement retirement health and welfare benefits for qualified individuals, ensuring they have access to necessary care and support.

Is Lake County Indiana Neca Ibew H&B Plan P Trust legitimate?

Lake County Indiana Neca Ibew H&B Plan P Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lake County Indiana Neca Ibew H&B Plan P Trust 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: $15,128

For more financial information, click here

What is the mission statement of Lake County Indiana Neca Ibew H&B Plan P Trust?

The Lake County Indiana Neca Ibew H&B Plan P Trust's mission is to assist in supplementing retiree health and welfare benefits for qualified participants. This is achieved by partially or fully offsetting required self-payments, ensuring that retirees can access these benefits in accordance with the plan documents. The trust aims to provide a financial cushion, easing the burden of retiree health and welfare expenses. It operates within the guidelines set out in the plan documents, ensuring fairness and transparency for all involved.

Who is the CEO of Lake County Indiana Neca Ibew H&B Plan P Trust?

Felipe Hernandez is the Trustee of Lake County Indiana Neca Ibew H&B Plan P Trust.

What is the revenue of Lake County Indiana Neca Ibew H&B Plan P Trust?

Lake County Indiana Neca Ibew H&B Plan P Trust's revenue in 2022 was -$6,062,934.

Who are the executives of Lake County Indiana Neca Ibew H&B Plan P Trust and what are their salaries?


Here are 8 key members and their salaries:


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

Lake County Indiana Neca Ibew H&B Plan P Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lake County Indiana Neca Ibew H&B Plan P Trust

Lake County Indiana Neca Ibew H&B Plan P Trust is an organization dedicated to supplementing the health and welfare benefits for retirees. Their mission is to partially or fully offset required self-payments, enabling them to provide these benefits to eligible participants in accordance with the plan documents. This means that the trust works to bridge the gap between the necessary expenses and the financial resources available, ensuring that retirees can access necessary health and welfare benefits. By doing so, the Lake County Indiana Neca Ibew H&B Plan P Trust plays a crucial role in supporting the well-being of retirees and enhancing their quality of life during their post-career years.

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Impact




October, 2024

Lake County Indiana NECA IBEW H&B Plan P Trust plays a vital role in enhancing the financial security and health of retired electrical workers and their families. By supplementing retiree health and welfare benefits, the Trust helps offset the often substantial self-payments required to access necessary healthcare services. This support ensures that qualified participants can maintain a higher quality of life during retirement, reducing the burden of medical costs.

The mission of the Trust is centered around providing these essential benefits in accordance with established plan documents, thereby addressing the unique needs of retirees within the community. Located in Merrillville, Indiana, the Trust serves as a critical resource that fosters well-being and peace of mind for its beneficiaries, ensuring that they have access to necessary healthcare without undue financial strain. The impact of the Trust is reflected in its commitment to mutual benefit, as it not only supports individual retirees but also strengthens the fabric of the community by promoting the health and welfare of its members.




This information is meant to be a general summary of Lake County Indiana Neca Ibew H&B Plan P Trust. 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
-$6,062,934 (2022)
Expenses
$2,331,092 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$7,251,956
  • Program Service Revenue: $1,188,381
  • Gross Receipts: $47,565,573

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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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

$1,188,381

Organization Details

Founding Year

2001

Principal Officer

Felipe Hernandez

Main Address

7200 MISSISSIPPI ST 300, MERRILLVILLE, IN, 46410

NTEE Category

Code: Y43 - Mutual benefit

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