Neca Local 145 Welfare Fund

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

EIN: 426062181 ✦ Moline, IL ✦ Designated as a 501(c)(9)

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Overview

What is Neca Local 145 Welfare Fund?

The Neca Local 145 Welfare Fund is a nonprofit organization based in Moline, Illinois, dedicated to providing health and welfare benefits to eligible participants and their dependents. Through this program, members have access to medical, dental, vision, life, and loss of time benefits. By offering these essential services, the Neca Local 145 Welfare Fund aims to ensure the well-being of its members, enhancing their overall quality of life.


Official website here: www.ibewlocal145.com

Is Neca Local 145 Welfare Fund legitimate?

Neca Local 145 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca Local 145 Welfare 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.ibewlocal145.com

What is the mission statement of Neca Local 145 Welfare Fund?

The Neca Local 145 Welfare Fund serves as a health and welfare benefits program, providing essential coverage to eligible individuals and their dependents. The program offers a range of benefits including medical, dental, vision, life, and loss of time. Through these benefits, the Fund aims to promote the wellbeing and health of its participants, ensuring they have access to necessary healthcare services. By providing these benefits, the Neca Local 145 Welfare Fund contributes significantly to the overall health and well-being of its community.


Official website here: www.ibewlocal145.com

Who is the CEO of Neca Local 145 Welfare Fund?

Alan Anderson is the Trustee of Neca Local 145 Welfare Fund.


Official website here: www.ibewlocal145.com

What is the revenue of Neca Local 145 Welfare Fund?

Neca Local 145 Welfare Fund's revenue in 2022 was $21,742,151.


Official website here: www.ibewlocal145.com

Who are the executives of Neca Local 145 Welfare Fund and what are their salaries?

There are 42 employees at Neca Local 145 Welfare Fund.


Here are 6 key members and their salaries:


Alan Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Koehler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Circello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Rogers (Trustee)
  • Compensation: $0
  • Related: $82,984
  • Other: $51,163
Trent Fletcher (Trustee)
  • Compensation: $0
  • Related: $82,984
  • Other: $51,163
Austin Root (Trustee)
  • Compensation: $0
  • Related: $1,766
  • Other: $0


Official website here: www.ibewlocal145.com

Where can I find the form 990 for Neca Local 145 Welfare Fund?

Neca Local 145 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibewlocal145.com

Learn more at the official website: www.ibewlocal145.com

Mission Statement of Neca Local 145 Welfare Fund

The Neca Local 145 Welfare Fund is a health and welfare benefit program that plays a vital role in enhancing the wellbeing of eligible participants and their dependents. Based in Moline, Illinois, this nonprofit organization extends its reach beyond medical coverage, offering a comprehensive suite of benefits.

The Neca Local 145 Welfare Fund's mission is geared towards delivering medical, dental, vision, life, and loss of time benefits to those who qualify. These essential services ensure that participants can maintain their overall health and well-being, giving them peace of mind and stability. By covering these various aspects of health, the Neca Local 145 Welfare Fund empowers its members to focus on their personal and professional growth, secure in the knowledge that their health needs are being met.

In essence, the Neca Local 145 Welfare Fund functions as a safety net for its members, providing them with vital resources that not only improve their day-to-day lives but also contribute to their long-term health and well-being. By addressing the diverse health needs of its participants, the organization demonstrates its commitment to fostering a healthier, more resilient community.

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Impact




October, 2024

The Neca Local 145 Welfare Fund significantly enhances the quality of life for eligible participants and their dependents by providing essential health and welfare benefits. Located in Moline, IL, the program offers a comprehensive range of services, including medical, dental, vision, and life insurance, as well as coverage for loss of time. This support not only ensures access to critical healthcare services but also provides financial security during times of need, fostering a healthier and more secure community. By alleviating the burden of medical expenses, the fund empowers individuals and families to focus on their well-being and livelihoods, ultimately contributing to the overall sustainability of the workforce in the region.




This information is meant to be a general summary of Neca Local 145 Welfare 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
$21,742,151 (2022)
Expenses
$24,153,643 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,946,022
  • Program Service Revenue: $18,796,129
  • Gross Receipts: $25,165,563

Assets and Liabilities:

  • Total Assets: $49,195,132
  • Total Liabilities: $38,017,362
  • Net Assets: $11,177,770

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$16,596,008

PARTICIPANT CONTRIBUTIONS

Revenue

$2,200,121

Organization Details

Founding Year

1961

Principal Officer

Alan Anderson

Main Address

1700 52ND AVENUE B, MOLINE, IL, 61265

NTEE Category

Code: Y40 - Mutual benefit

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