Neca-Ibew Welfare Trust Fund

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

EIN: 370738564 ✦ Decatur, IL ✦ Designated as a 501(c)(9)

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Overview

What is Neca-Ibew Welfare Trust Fund?

The Neca-Ibew Welfare Trust Fund is a nonprofit organization based in Decatur, Illinois, specifically located at 2120 Hubbard Avenue. Their mission is to extend essential benefits to eligible members and their dependents, encompassing healthcare, death, disability, dental, and vision coverage. By providing these benefits, the organization aims to support and enhance the wellbeing of its members.


Official website here: www.neca-ibew.org

Is Neca-Ibew Welfare Trust Fund legitimate?

Neca-Ibew Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca-Ibew Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.neca-ibew.org

What is the mission statement of Neca-Ibew Welfare Trust Fund?

The Neca-Ibew Welfare Trust Fund is committed to extending aid to eligible members and their dependents. This non-profit organization serves to provide essential benefits to those who meet the qualifications. The mission encompasses offering healthcare coverage, as well as protection for death and disability scenarios. Furthermore, dental and vision benefits are also within the scope of this fund's offerings. The goal is to ensure that eligible individuals and their families have access to crucial benefits for their overall well-being.


Official website here: www.neca-ibew.org

Who is the CEO of Neca-Ibew Welfare Trust Fund?

Kevin Cope is the Union Trustee of Neca-Ibew Welfare Trust Fund.


Official website here: www.neca-ibew.org

What is the revenue of Neca-Ibew Welfare Trust Fund?

Neca-Ibew Welfare Trust Fund's revenue in 2022 was $204,637,992.


Official website here: www.neca-ibew.org

Who are the executives of Neca-Ibew Welfare Trust Fund and what are their salaries?

There 38 volunteers at Neca-Ibew Welfare Trust Fund.


Here are 38 key members and their salaries:


Jim Clarida (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarrett Clem (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Fellows (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Flynn (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Hervey (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristopher Howard (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hughart (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Karcher (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lehman (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Quillen (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Raikes (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Rennison (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Sapp (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Warsh (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Wonggamnit (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Yong (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Buhs (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Crow (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurtis Frederick (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Fricke (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chud Fuellgraf (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hartig (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Huston (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Iding (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kawolsky (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Lacher (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Lafree (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Linkenhelt (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Masters (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Meyer (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Peyton (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Serbousek (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Uppole (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Artis (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Laughery (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Goodrum (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hayden (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremie Pearson (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.neca-ibew.org

Where can I find the form 990 for Neca-Ibew Welfare Trust Fund?

Neca-Ibew Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.neca-ibew.org

Learn more at the official website: www.neca-ibew.org

Mission Statement of Neca-Ibew Welfare Trust Fund

Neca-Ibew Welfare Trust Fund is a mission-driven organization dedicated to extending essential benefits to eligible members and their dependents. This nonprofit entity takes pride in its commitment to providing a range of crucial services that are designed to enhance the well-being and quality of life for those it serves.

In simple terms, Neca-Ibew Welfare Trust Fund is geared towards offering healthcare, death, disability, dental, and vision benefits to those who meet the eligibility criteria and their dependents. By providing access to these vital services, the organization aims to alleviate the financial burdens and concerns that come with managing healthcare expenses, especially during critical times.

The nonprofit's unwavering dedication to its members is evident in its mission to ensure that those in need have access to the support they require. Neca-Ibew Welfare Trust Fund stands as a steadfast beacon of hope, enabling its members to focus on their wellbeing and that of their loved ones, rather than worrying about the financial implications of healthcare costs. Through its comprehensive suite of benefits, the organization is making a tangible difference in people's lives, ultimately contributing to healthier, happier communities.

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Impact




October, 2024

The Neca-Ibew Welfare Trust Fund significantly impacts eligible members and their dependents by offering a range of essential benefits. By providing healthcare, death, disability, dental, and vision benefits, the Trust Fund ensures that members have access to vital medical services and support during critical times. This comprehensive approach to welfare strengthens the financial security and overall well-being of individuals and families, fostering a sense of community and mutual support within the membership. Through its services, the Trust Fund alleviates the burden of healthcare costs and contributes to a healthier, more secure workforce in Decatur, IL, and beyond.




This information is meant to be a general summary of Neca-Ibew Welfare 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.

Revenue
$204,637,992 (2022)
Expenses
$193,850,633 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,219,227
  • Program Service Revenue: $167,378,941
  • Gross Receipts: $287,854,801

Assets and Liabilities:

  • Total Assets: $314,833,150
  • Total Liabilities: $47,351,025
  • Net Assets: $267,482,125

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$143,646,507

EMPLOYEE CONTRIBUTIONS

Revenue

$18,028,487

RETIREE DRUG SUBSIDY CONTRIBUTION

Revenue

$5,703,947

Organization Details

Founding Year

1955

Principal Officer

Kevin Cope

Main Address

2120 HUBBARD AVENUE, DECATUR, IL, 62526

NTEE Category

Code: Y40 - Mutual benefit

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