Neca Ibew 176 Health & Welfare Fund

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

EIN: 361264190 ✦ Joliet, IL ✦ Designated as a 501(c)(9)

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 not tax deductible.

Here 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?
Who is the CEO of Neca Ibew 176 Health & Welfare Fund?
What is the revenue of Neca Ibew 176 Health & Welfare Fund?
Who are the executives of Neca Ibew 176 Health & Welfare Fund and what are their salaries?
Where can I find the form 990 for Neca Ibew 176 Health & Welfare Fund?

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.

Impact

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.




Thursday, August 15, 2024

The Neca Ibew 176 Health & Welfare Fund's impact is significant in providing essential medical, disability, life, and AD&D benefits to eligible members and their dependents in Joliet, IL. Through their efforts, they ensure that individuals and families have access to vital healthcare services, financial protection in case of disabilities, and support during challenging times. This fund plays a crucial role in promoting the well-being and security of its beneficiaries, contributing to their overall quality of life and peace of mind.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

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
  • 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

    Principal Officer

    David Ruder

    Main Address

    1100 N E FRONTAGE ROAD, JOLIET, IL, 60431

    NTEE Category

    Code: Y40 - Mutual benefit

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