Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation

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

EIN: 416024782 ✦ Duluth, MN ✦ Designated as a 501(c)(9)

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Overview

What is Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation?

The Electrical Workers Health & Welfare Fund CO Wilson-Mcshane Corporation is a nonprofit organization based in Duluth, Minnesota. Their primary role is to extend health and welfare benefits to eligible participants. These benefits encompass various aspects such as medical coverage, prescription drugs, dental care, disability assistance, vision care, and vacation time. The benefits are not only extended to the participants themselves but also to their dependents or beneficiaries.


Official website here: www.ibew242and294benefits.com

Is Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation legitimate?

Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation 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.ibew242and294benefits.com

What is the mission statement of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation?

The Electrical Workers Health and Welfare Fund is a non-profit organization dedicated to delivering health and welfare benefits to eligible participants. Through its mission, it offers various benefits such as medical coverage, prescription drugs, dental care, disability assistance, vision plans, and vacation programs for the dependents or beneficiaries of participants. This organization aims to enhance the overall well-being and health of its members, ensuring they have access to essential benefits that support their well-being. By providing these benefits, the Fund fosters improved health and wellness for its community.


Official website here: www.ibew242and294benefits.com

Who is the CEO of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation?

Dan Hendrickson is the Trustee - Past of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation.


Official website here: www.ibew242and294benefits.com

What is the revenue of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation?

Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation's revenue in 2022 was $25,299,489.


Official website here: www.ibew242and294benefits.com

Who are the executives of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation and what are their salaries?

There are 47 employees at Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation.


Here are 9 key members and their salaries:


David Orman (Trustee - Past)
  • Compensation: $0
  • Related: $49,935
  • Other: $5,000
Harris B Mahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Osbakken (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hendrickson (Trustee)
  • Compensation: $0
  • Related: $135,417
  • Other: $71,894
Don Smith (Trustee)
  • Compensation: $0
  • Related: $154,780
  • Other: $82,173
Dave Domagala (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Dugan (Trustee)
  • Compensation: $0
  • Related: $67,876
  • Other: $5,000


Official website here: www.ibew242and294benefits.com

Where can I find the form 990 for Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation?

Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew242and294benefits.com

Learn more at the official website: www.ibew242and294benefits.com

Mission Statement of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation

The Electrical Workers Health and Welfare Fund, a renowned organization, is committed to delivering health and welfare benefits to eligible participants. In simple terms, it is a nonprofit entity that prioritizes the wellbeing of its members and their dependents or beneficiaries.

Based in Minnesota, this organization takes pride in offering a comprehensive range of benefits. These encompass medical coverage, prescription drugs, dental services, disability assistance, and vision care. By providing these essential services, the Electrical Workers Health and Welfare Fund ensures that its members and their families can access the care they need to maintain optimal health and overall wellbeing.

Moreover, the organization extends these benefits beyond just the basics. It also includes vacation benefits as part of its offerings, reflecting its dedication to improving the quality of life for its members. The Electrical Workers Health and Welfare Fund's mission is to act as a safety net, offering essential services that help its participants navigate through life's challenges, ensuring peace of mind and financial security.

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Impact




October, 2024

The Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation plays a pivotal role in improving the quality of life for its participants by offering a comprehensive range of health and welfare benefits. By providing essential services such as medical, prescription drug, dental, disability, vision, and vacation benefits, the Fund ensures that eligible workers and their families have access to necessary healthcare and support during challenging times.

This support not only enhances the well-being of individual participants but also contributes to the overall health of communities by reducing financial burdens associated with healthcare costs. The Fund's mission fosters a sense of security and stability among its beneficiaries, allowing them to focus on their work and lives without the added stress of healthcare concerns. Additionally, through its commitment to mutual benefit, the Fund strengthens the bonds among workers, reinforcing a collective sense of support and solidarity within the electrical workforce and their families.




This information is meant to be a general summary of Electrical Workers Health & Welfare Fund C/O Wilson-Mcshane Corporation. 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
$25,299,489 (2022)
Expenses
$23,567,283 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $165,764
  • Program Service Revenue: $25,108,125
  • Gross Receipts: $29,643,277

Assets and Liabilities:

  • Total Assets: $26,375,529
  • Total Liabilities: $533,379
  • Net Assets: $25,842,150

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$22,342,034

PARTICIPANT/RETIREE CONTRIBUTIONS

Revenue

$1,982,811

PRESCRIPTION DRUG REBATES

Revenue

$306,821

STOP-LOSS REIMBURSEMENTS

Revenue

$290,150

HRA EMPLOYER CONTRIBUTIONS

Revenue

$127,208

Organization Details

Founding Year

1952

Principal Officer

Dan Hendrickson

Main Address

2002 LONDON ROAD 300, DULUTH, MN, 55812

NTEE Category

Code: Y43 - Mutual benefit

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