Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan

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

EIN: 383690592 ✦ Rockford, IL ✦ Designated as a 501(c)(9)

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Overview

What is Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan?

Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan, situated in Rockford, Illinois, is a fraternal organization that focuses on extending aid to eligible members. Its primary purpose is to offer benefits, ensuring support during challenging times. As a fraternal organization, it fosters a sense of camaraderie and mutual assistance among its members.


Official website here: www.ibew364.org

Is Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan legitimate?

Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca-Ibew Local 364 Supplemental Unemployment Benefit 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


Official website here: www.ibew364.org

What is the mission statement of Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan?

The Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan is an organization dedicated to providing benefits to its eligible members. Its primary objective is to extend support to its members in need, operating with a mission to serve and assist them during challenging times. The plan aims to provide a safety net, offering financial assistance and other forms of aid when necessary. It functions as a fraternal entity, fostering a sense of community and support among its members.


Official website here: www.ibew364.org

What is the revenue of Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan?

Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan's revenue in 2024 was $4,085,214.


Official website here: www.ibew364.org

Who are the executives of Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan and what are their salaries?

There are 687 employees at Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan.

Here are 6 key members and their salaries:


David Cargill (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Golden (Trustee)
  • Compensation: $0
  • Related: $131,598
  • Other: $82,489
John Larson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Vos (Trustee)
  • Compensation: $0
  • Related: $1,296
  • Other: $0


Official website here: www.ibew364.org

Where can I find the form 990 for Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan?

Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ibew364.org

Learn more at the official website: www.ibew364.org

Mission Statement of Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan

The Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan, as a fraternal organization, is dedicated to providing benefits to eligible members. This nonprofit organization's mission is centered around supporting its members during challenging times, specifically during periods of unemployment. By offering benefits, the organization aims to alleviate some of the financial burdens that members may face during these difficult periods. The mission of Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan is to extend a helping hand to its members, demonstrating a commitment to their well-being and financial stability.

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Impact




October, 2024

The Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan serves as a vital resource for eligible members facing unemployment. By providing supplemental benefits, the program helps to alleviate financial stress during periods of job loss, ensuring that members can maintain a degree of stability. This support not only helps members meet their basic needs, but also promotes mental and emotional well-being during challenging times.

The impact of this plan extends beyond immediate financial relief. It fosters a sense of community and solidarity among members, reinforcing social ties and encouraging networking opportunities. By safeguarding the financial health of its members, the plan contributes to the overall resilience of the workforce in the Rockford area.

In addition, the supplemental benefits support a smoother transition back into employment, giving members the confidence and resources needed to seek new job opportunities without the overwhelming burden of financial insecurity. Overall, the Neca-Ibew Local 364 Supplemental Unemployment Benefit Plan plays a crucial role in promoting the welfare of its members, reinforcing the value of mutual support within the community.




This information is meant to be a general summary of Neca-Ibew Local 364 Supplemental Unemployment Benefit 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
$4,085,214 (2024)
Expenses
$2,893,821 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $439,011
  • Program Service Revenue: $3,654,530
  • Gross Receipts: $6,694,750

Assets and Liabilities:

  • Total Assets: $9,077,952
  • Total Liabilities: $145,633
  • Net Assets: $8,932,319

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,654,530

Organization Details

Founding Year

2003

Principal Officer

Alan Golden

NTEE Category

Code: Y43 - Mutual benefit

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