Overview
What is Ibew 292 Health Care Plan?
The Ibew 292 Health Care Plan is a nonprofit organization based in Maple Grove, Minnesota, with an address at 6900 Wedgwood Road N 425. With a team of 14 dedicated employees, their primary mission is to provide health and welfare benefits to approximately 4,643 eligible participants, as stated in their plan document. The organization is committed to enhancing the wellbeing of its members by offering essential healthcare benefits and ensuring their overall health and happiness.
Official website here: www.ibew292benefits.org
Is Ibew 292 Health Care Plan legitimate?
Ibew 292 Health Care Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew 292 Health Care 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: $499,207
For more financial information, click here
Official website here: www.ibew292benefits.org
What is the mission statement of Ibew 292 Health Care Plan?
The Ibew 292 Health Care Plan is committed to providing health and welfare benefits to eligible participants and their beneficiaries. Its mission is centered around extending healthcare coverage to those who meet the plan's criteria as outlined in the plan document. This non-profit organization currently serves approximately 4,643 members, providing them with essential health benefits to help improve and maintain their overall well-being. By focusing on delivering comprehensive healthcare benefits, the Ibew 292 Health Care Plan aims to positively impact the lives of its members, ensuring they have access to vital healthcare services when they need it most.
Official website here: www.ibew292benefits.org
What is the revenue of Ibew 292 Health Care Plan?
Ibew 292 Health Care Plan's revenue in 2024 was $80,190,508.
Official website here: www.ibew292benefits.org
Who are the executives of Ibew 292 Health Care Plan and what are their salaries?
The average compensation at Ibew 292 Health Care Plan during 2024 was $3,063. There are 163 employees at Ibew 292 Health Care Plan.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $179,536
- Other: $65,749
- Compensation: $0
- Related: $137,209
- Other: $56,479
- Compensation: $0
- Related: $147,564
- Other: $59,478
- Compensation: $0
- Related: $137,209
- Other: $56,479
- Compensation: $0
- Related: $240,523
- Other: $57,328
- Compensation: $0
- Related: $200,873
- Other: $50,166
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $167,245
- Related: $0
- Other: $42,710
- Compensation: $139,811
- Related: $0
- Other: $39,221
Official website here: www.ibew292benefits.org
Where can I find the form 990 for Ibew 292 Health Care Plan?
Ibew 292 Health Care Plan's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ibew292benefits.org
Learn more at the official website: www.ibew292benefits.org
Mission Statement of Ibew 292 Health Care Plan
Ibew 292 Health Care Plan, with its mission to provide, dedicates itself to extending health and welfare benefits to eligible participants and their beneficiaries. Established under the terms of its plan document, this organization caters to a community of 4,643 members, ensuring they receive the essential health care benefits they require. The primary objective of Ibew 292 Health Care Plan is to prioritize the well-being of its members by providing them with comprehensive health care benefits.
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Impact
October, 2024
The IBEW 292 Health Care Plan significantly impacts the health and well-being of its members and their beneficiaries by providing essential health and welfare benefits. Serving 4,643 members, the plan ensures access to medical care, which can alleviate financial burdens associated with health expenses. By offering comprehensive coverage, the plan promotes preventive care and timely medical interventions, ultimately contributing to improved health outcomes. Additionally, the plan fosters a sense of security and stability for members and their families, enhancing their overall quality of life. The mission-oriented focus on welfare benefits underscores the commitment to supporting eligible participants in maintaining their health and well-being. This mutual benefit approach strengthens community ties within the membership, promoting collective welfare and solidarity among members in Maple Grove, MN, and beyond.
This information is meant to be a general summary of Ibew 292 Health Care 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $4,978,036
- Program Service Revenue: $75,089,638
- Gross Receipts: $116,739,093
Assets and Liabilities:
- Total Assets: $175,891,632
- Total Liabilities: $632,652
- Net Assets: $175,258,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$67,350,452
PARTICIPANT AND RETIREE CONTRIBUT
Revenue
$5,266,612
PRESCRIPTION DRUG REBATE
Revenue
$1,858,788
SUBROGATION REFUNDS
Revenue
$613,786
Organization Details
Founding Year
1980
Principal Officer
Dan Ferguson
Website
www.ibew292benefits.orgNTEE Category
Code: Y40 - Mutual benefit
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