Central Illinois Electrical Workers Retiree Healthcare Plan

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

EIN: 371595286 ✦ Springfield, IL ✦ Designated as a 501(c)(9)

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Overview

What is Central Illinois Electrical Workers Retiree Healthcare Plan?

The Central Illinois Electrical Workers Retiree Healthcare Plan is a nonprofit organization, although its current status is not specified. Its primary focus is on providing post-employment healthcare funding for individuals. The nonprofit's mission, although no longer active, was intended to support the healthcare needs of retired electrical workers, offering essential health benefits during their retirement years.

Is Central Illinois Electrical Workers Retiree Healthcare Plan legitimate?

Central Illinois Electrical Workers Retiree Healthcare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Illinois Electrical Workers Retiree Healthcare 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: $0

For more financial information, click here

What is the mission statement of Central Illinois Electrical Workers Retiree Healthcare Plan?

The Central Illinois Electrical Workers Retiree Healthcare Plan, as per the provided information, was a nonprofit organization with a primary focus on providing post-employment healthcare funding. Unfortunately, this organization is no longer active or in operation. The specifics of its mission beyond healthcare funding are not available from the provided data.

Who is the CEO of Central Illinois Electrical Workers Retiree Healthcare Plan?

Troy Sampson is the President of Central Illinois Electrical Workers Retiree Healthcare Plan.

What is the revenue of Central Illinois Electrical Workers Retiree Healthcare Plan?

Central Illinois Electrical Workers Retiree Healthcare Plan's revenue in 2020 was $544,686.

Who are the executives of Central Illinois Electrical Workers Retiree Healthcare Plan and what are their salaries?


Here are 4 key members and their salaries:


Troy Sampson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hill (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Daniels (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Sloan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Central Illinois Electrical Workers Retiree Healthcare Plan?

Central Illinois Electrical Workers Retiree Healthcare Plan's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Central Illinois Electrical Workers Retiree Healthcare Plan

The Central Illinois Electrical Workers Retiree Healthcare Plan was established with a mission to provide post-employment healthcare funding. This nonprofit organization aimed to support the healthcare needs of retired electrical workers. Regrettably, this organization is no longer active or in operation.

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Impact




October, 2024

The Central Illinois Electrical Workers Retiree Healthcare Plan has had a significant impact on the provision of healthcare benefits for retired electrical workers in the region. By focusing on post-employment healthcare funding, the plan aimed to ensure that retirees had access to necessary medical care, thus contributing to their overall well-being and financial security in retirement.

Although the plan is no longer active, its existence underscores the importance of dedicated healthcare funding for retirees. It likely played a crucial role in alleviating the healthcare burden for former workers, enabling them to receive proper medical treatment without overwhelming out-of-pocket expenses. The mutual benefit aspect signifies collective support and a shared commitment among members to safeguard their health in retirement, fostering a sense of community and solidarity among retirees.

The termination of this plan may have left gaps in healthcare support for its beneficiaries, highlighting the challenges and necessity for sustainable healthcare solutions for retired workers. The legacy of such plans influences current discussions on how to best provide for the health needs of aging workers in the electrical industry and beyond.




This information is meant to be a general summary of Central Illinois Electrical Workers Retiree Healthcare 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
$544,686 (2020)
Expenses
$50,069 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $544,686
  • Gross Receipts: $2,141,297

Assets and Liabilities:

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

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Organization Details

Founding Year

2010

Principal Officer

Troy Sampson

Main Address

3150 WIDE TRACK DRIVE, SPRINGFIELD, IL, 62703

NTEE Category

Code: Y43 - Mutual benefit

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