Neca-Ibew Local No 364 Welfare Trust Fund

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

EIN: 411677804 ✦ Rockford, IL ✦ Designated as a 501(c)(9)

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Overview

What is Neca-Ibew Local No 364 Welfare Trust Fund?

Neca-Ibew Local No 364 Welfare Trust Fund is a charitable organization that offers essential benefits to eligible members and their dependents. Based on the provided information, this nonprofit organization focuses on providing medical, dental, vision, disability, life, and accidental death and dismemberment coverage. By offering these benefits, Neca-Ibew Local No 364 Welfare Trust Fund aims to improve the wellbeing and financial security of those who are part of its community.


Official website here: www.ibew364.org

Is Neca-Ibew Local No 364 Welfare Trust Fund legitimate?

Neca-Ibew Local No 364 Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca-Ibew Local No 364 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.ibew364.org

What is the mission statement of Neca-Ibew Local No 364 Welfare Trust Fund?

The Neca-Ibew Local No 364 Welfare Trust Fund is committed to providing benefits to eligible members. This organization's mission is geared towards extending assistance in the form of medical, dental, vision, disability, life, and accidental death and dismemberment coverage to those who meet the eligibility criteria and their dependents. By offering these benefits, the Trust Fund aims to enhance the well-being and financial security of its members. In times of need, the Trust Fund provides a safety net to help eligible individuals manage essential healthcare expenses and ensure they have access to vital services.


Official website here: www.ibew364.org

Who is the CEO of Neca-Ibew Local No 364 Welfare Trust Fund?

Patrick Tomlin is the Chairman of Neca-Ibew Local No 364 Welfare Trust Fund.


Official website here: www.ibew364.org

What is the revenue of Neca-Ibew Local No 364 Welfare Trust Fund?

Neca-Ibew Local No 364 Welfare Trust Fund's revenue in 2022 was $24,556,874.


Official website here: www.ibew364.org

Who are the executives of Neca-Ibew Local No 364 Welfare Trust Fund and what are their salaries?

There are 41 employees at Neca-Ibew Local No 364 Welfare Trust Fund.


Here are 6 key members and their salaries:


Patrick Tomlin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Battel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Golden (Trustee)
  • Compensation: $0
  • Related: $122,366
  • Other: $79,553
John Larson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cargill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew364.org

Where can I find the form 990 for Neca-Ibew Local No 364 Welfare Trust Fund?

Neca-Ibew Local No 364 Welfare Trust Fund's most recent form 990 was submitted in 2022 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 No 364 Welfare Trust Fund

Neca-Ibew Local No 364 Welfare Trust Fund is a charitable organization dedicated to extending assistance to eligible members. In simpler terms, this nonprofit entity is committed to granting benefits to those who meet specific criteria.

More specifically, Neca-Ibew Local No 364 Welfare Trust Fund focuses on delivering medical, dental, vision, disability, life, and accidental death and dismemberment benefits to its qualified beneficiaries and their dependents. This extensive range of benefits ensures that the organization caters to a multitude of health and wellbeing needs. By providing these essential services, Neca-Ibew Local No 364 Welfare Trust Fund positively impacts the lives of numerous individuals, bringing them peace of mind and improved health outcomes.

In summary, Neca-Ibew Local No 364 Welfare Trust Fund is a compassionate organization that extends its reach to eligible members by offering a diverse range of benefits, encompassing medical, dental, vision, disability, life, and accidental death and dismemberment coverage. This commitment to enhancing the wellbeing of its beneficiaries makes Neca-Ibew Local No 364 Welfare Trust Fund an invaluable resource within the community.

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Impact




October, 2024

The Neca-Ibew Local No 364 Welfare Trust Fund significantly impacts eligible members by providing vital benefits that enhance their quality of life. By offering payments for medical, dental, vision, disability, life, and accidental death and dismemberment, the fund ensures that members and their dependents have access to essential healthcare services and financial protection during challenging times. This support fosters a sense of security among members, enabling them to focus on their work and personal lives without the overwhelming burden of medical expenses. Located in Rockford, IL, the Trust Fund is dedicated to improving the welfare of its members, reinforcing a strong community of mutual benefit.




This information is meant to be a general summary of Neca-Ibew Local No 364 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
$24,556,874 (2022)
Expenses
$18,323,155 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,243,274
  • Program Service Revenue: $23,313,600
  • Gross Receipts: $26,763,563

Assets and Liabilities:

  • Total Assets: $26,057,381
  • Total Liabilities: $2,887,821
  • Net Assets: $23,169,560

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$22,343,505

PARTICIPANT CONTRIBUTIONS

Revenue

$970,095

Organization Details

Founding Year

1990

Principal Officer

Patrick Tomlin

Main Address

6820 MILL ROAD, ROCKFORD, IL, 61108

NTEE Category

Code: Y40 - Mutual benefit

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