Overview
What is Neca Ibew 176 Health & Welfare Fund?
The Neca Ibew 176 Health & Welfare Fund is a nonprofit organization located in Joliet, Illinois, with a workforce of 87 employees. They are dedicated to providing essential benefits to eligible members and their dependents. Their offerings include medical, dental, vision, disability, life, and accidental death & dismemberment benefits. The mission of this organization is to ensure the wellbeing of its members by addressing their medical and financial needs.
Is Neca Ibew 176 Health & Welfare Fund legitimate?
Neca Ibew 176 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca Ibew 176 Health & 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 Neca Ibew 176 Health & Welfare Fund?
The Neca Ibew 176 Health & Welfare Fund is dedicated to providing essential benefits to eligible members and their dependents. With a focus on medical, disability, life, and accidental death & dismemberment coverage, this organization aims to safeguard the well-being of its members. In simple terms, the mission of the Neca Ibew 176 Health & Welfare Fund is to extend vital benefits, encompassing health, disability, life, and AD&D insurance, to eligible individuals and their families. By offering these benefits, the organization brings peace of mind and financial security to those it serves.
Who is the CEO of Neca Ibew 176 Health & Welfare Fund?
David Ruder is the Trustee of Neca Ibew 176 Health & Welfare Fund.
What is the revenue of Neca Ibew 176 Health & Welfare Fund?
Neca Ibew 176 Health & Welfare Fund's revenue in 2022 was $32,237,553.
Who are the executives of Neca Ibew 176 Health & Welfare Fund and what are their salaries?
There are 87 employees at Neca Ibew 176 Health & Welfare Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $8,973
- Other: $6,832
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $139,165
- Other: $84,392
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,240
- Other: $1,014
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Neca Ibew 176 Health & Welfare Fund?
Neca Ibew 176 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neca Ibew 176 Health & Welfare Fund
Neca Ibew 176 Health & Welfare Fund is a mission-driven organization that extends essential benefits to eligible members and their dependents. This nonprofit entity is committed to delivering medical, disability, life, and accidental death & dismemberment benefits to those whom it serves.
In layman's terms, Neca Ibew 176 Health & Welfare Fund is dedicated to enhancing the wellbeing of its members. It offers a comprehensive suite of benefits designed to ensure that healthcare and financial support are within reach during challenging times. The organization's primary goal is to provide its beneficiaries with peace of mind, enabling them to focus on their recovery or wellbeing without the added burden of financial concerns.
By offering medical, dental, vision, disability, life, and accidental death & dismemberment benefits, Neca Ibew 176 Health & Welfare Fund strives to address various aspects of its members' health and wellness. These benefits can help cover the costs associated with treating illnesses, managing chronic conditions, and addressing unexpected injuries. Moreover, the provision of disability and life insurance benefits ensures that members and their dependents have a financial safety net during times of hardship.
In summary, Neca Ibew 176 Health & Welfare Fund is a vital resource for its members, offering a range of essential benefits that can help mitigate the financial and practical challenges that come with healthcare needs and disabilities. Its commitment to providing medical, disability, life, and accidental death & dismemberment benefits to eligible members and their dependents is a testament to its unwavering dedication to improving the lives of those it serves.
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Impact
October, 2024
The Neca Ibew 176 Health & Welfare Fund significantly affects its members and their families by providing essential medical, disability, life, and accidental death and dismemberment benefits. This comprehensive support ensures eligible members have access to necessary healthcare services, contributing to their overall well-being and financial security.
By covering expenses related to medical, dental, and vision care, the fund alleviates the financial burden associated with healthcare, allowing members to focus on their work and personal lives without the constant worry of medical costs. Additionally, the disability and life benefits offer peace of mind, knowing that members and their dependents are protected in the event of unforeseen circumstances.
Overall, the Neca Ibew 176 Health & Welfare Fund plays a crucial role in enhancing the quality of life for its members in Joliet, IL, by fostering a safer, healthier community through mutual benefits that empower individuals and families.
This information is meant to be a general summary of Neca Ibew 176 Health & 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $822,208
- Program Service Revenue: $31,415,345
- Gross Receipts: $59,516,669
Assets and Liabilities:
- Total Assets: $60,369,090
- Total Liabilities: $28,477,943
- Net Assets: $31,891,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$28,828,691
EMPLOYEE CONTRIBUTIONS
Revenue
$2,375,262
RETIREE CONTRIBUTIONS
Revenue
$185,563
COBRA SUBSIDY INCOME
Revenue
$25,829
Organization Details
Founding Year
1975
Phone
(815) 729-2666Principal Officer
David Ruder
Main Address
1100 N E FRONTAGE ROAD, JOLIET, IL, 60431
NTEE Category
Code: Y40 - Mutual benefit
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