St Paul Electrical Workers Reserve Trust

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

EIN: 411334004 ✦ St paul, MN ✦ Designated as a 501(c)(9)

Overview

What is St Paul Electrical Workers Reserve Trust?

St. Paul Electrical Workers Reserve Trust is a nonprofit organization located in St. Paul, Minnesota, with approximately 2,124 participants. Their primary mission is to provide medical coverage for retired union members, disabled participants, and surviving spouses of deceased participants. This trust serves as a valuable resource for eligible individuals, ensuring they have access to essential healthcare services.


Official website here: www.ibew110.org

Is St Paul Electrical Workers Reserve Trust legitimate?

St Paul Electrical Workers Reserve Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. St Paul Electrical Workers Reserve Trust 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


Official website here: www.ibew110.org

What is the mission statement of St Paul Electrical Workers Reserve Trust?

The St Paul Electrical Workers Reserve Trust is dedicated to providing medical coverage for eligible retirees, disabled participants, and surviving spouses of deceased bargaining unit participants. Its primary mission is to ensure the wellbeing of these individuals by offering them essential healthcare funding. With approximately 2,124 participants as of the end of the plan year, the Trust aims to make a significant impact on their lives by alleviating healthcare-related financial burdens and securing their access to necessary medical services. By prioritizing the health and wellness of its beneficiaries, the Trust plays an essential role in maintaining their overall well-being and quality of life.


Official website here: www.ibew110.org

Who is the CEO of St Paul Electrical Workers Reserve Trust?

James Schult is the Chariman, Union Trustee of St Paul Electrical Workers Reserve Trust.


Official website here: www.ibew110.org

What is the revenue of St Paul Electrical Workers Reserve Trust?

St Paul Electrical Workers Reserve Trust's revenue in 2022 was $13,180,532.


Official website here: www.ibew110.org

Who are the executives of St Paul Electrical Workers Reserve Trust and what are their salaries?

Here are 9 key members and their salaries:

    Jamie M Mcnamara (Union Trustee)
  • Compensation: $0
  • Related: $155,531
  • Other: $59,043

    • Douglas Suchanek (Alt Union Trustee)
  • Compensation: $0
  • Related: $131,945
  • Other: $51,904

    • Luke Kuhl (Secretary, Mgmt Trustee)
  • Compensation: $0
  • Related: $138,859
  • Other: $44,229

    • Andrew Colvard (Alt Mgmt Trustee)
  • Compensation: $0
  • Related: $68,818
  • Other: $45,144

    • James Schult (Chariman, Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Bourland (Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Anderson (Union Trustee Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jt Pederson (Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Stein (Alt Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ibew110.org

    Where can I find the form 990 for St Paul Electrical Workers Reserve Trust?

    The St Paul Electrical Workers Reserve Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ibew110.org

    Learn more at the official website: www.ibew110.org

    Mission Statement of St Paul Electrical Workers Reserve Trust

    St. Paul Electrical Workers Reserve Trust is a nonprofit organization committed to providing medical coverage for eligible retirees, disabled participants, and surviving spouses of deceased bargaining unit participants and retirees. The Trust's primary mission is to ensure that these individuals have access to necessary medical services and funding in their retirement years. With approximately 2,124 participants at the end of the plan year, the organization plays a vital role in ensuring the health and wellbeing of the retirees and disabled individuals within the bargaining unit. The Trust's efforts are focused on delivering medical funding to those who have dedicated their careers to the electrical industry.

    Impact

    This information is meant to be a general summary of St Paul Electrical Workers Reserve Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    St Paul Electrical Workers Reserve Trust impacts the lives of over 2,000 participants by providing necessary medical coverage for bargaining unit retirees, disabled participants, and surviving spouses of deceased participants. This support ensures access to essential healthcare services for those who have dedicated their careers to the electrical industry.





    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: $7,864,206
  • Program Service Revenue: $5,313,450
  • Gross Receipts: $97,272,630

    • Assets and Liabilities:
  • Total Assets: $166,227,433
  • Total Liabilities: $19,191,877
  • Net Assets: $147,035,556
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $5,313,450

    Organization Details

    Founding Year

    1978

    Principal Officer

    James Schult

    Main Address

    1330 CONWAY STREET 130, ST PAUL, MN, 55106

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of St Paul Electrical Workers Reserve Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.