Board Of Trustees Of Ibew Local 1 Health & Welfare Fund

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

EIN: 430678755 ✦ St louis, MO ✦ Designated as a 501(c)(9)

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Overview

What is Board Of Trustees Of Ibew Local 1 Health & Welfare Fund?

The Board of Trustees of IBEW Local 1 Health & Welfare Fund is a Saint Louis, MO-based nonprofit organization dedicated to offering health and welfare benefits to members of the International Brotherhood of Electrical Workers (IBEW), Local #1. Through their mission, they prioritize the wellbeing of their members by providing essential benefits.

Is Board Of Trustees Of Ibew Local 1 Health & Welfare Fund legitimate?

Board Of Trustees Of Ibew Local 1 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Trustees Of Ibew Local 1 Health & 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: $1,456,524

For more financial information, click here

What is the mission statement of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund?

The Board of Trustees of IBEW Local 1 Health and Welfare Fund is committed to delivering Health and Welfare benefits to the members of Local #1 International Brotherhood of Electrical Workers (IBEW). Their primary objective is to ensure the well-being of these members by providing essential health coverage. In essence, they serve as the stewards of benefits that safeguard the health and welfare of IBEW Local #1 members. The organization's focus remains firmly on enhancing the quality of life for those it serves, by offering comprehensive and essential benefits.

Who is the CEO of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund?

Frank Jacobs is the Chairman of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund.

What is the revenue of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund?

Board Of Trustees Of Ibew Local 1 Health & Welfare Fund's revenue in 2022 was $78,691,794.

Who are the executives of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund and what are their salaries?


Here are 8 key members and their salaries:


Frank Jacobs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dussold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Roth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mckenna (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Barnard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gralike (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas R Martin (Exiting Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Martin (Exiting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Board Of Trustees Of Ibew Local 1 Health & Welfare Fund?

Board Of Trustees Of Ibew Local 1 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Board Of Trustees Of Ibew Local 1 Health & Welfare Fund

The Board of Trustees of IBEW Local 1 Health & Welfare Fund is a dedicated organization that prioritizes the well-being of members belonging to Local #1 of the International Brotherhood of Electrical Workers (IBEW). This esteemed body is tasked with administering comprehensive Health and Welfare benefits for its membership. By offering these essential services, the Board aims to ensure the overall health and happiness of IBEW Local 1 members.

In their mission to provide for their constituents, the Board of Trustees of IBEW Local 1 Health & Welfare Fund goes above and beyond, offering a broad range of benefits that contribute significantly to the health and well-being of the IBEW Local 1 community. Through their tireless efforts and unwavering commitment, they have become an invaluable resource for the organization's members.

The Board of Trustees of IBEW Local 1 Health & Welfare Fund takes pride in being a trusted partner to its members, providing them with access to a variety of benefits that promote both physical and mental well-being. By offering these benefits, they not only help their members maintain good health but also provide peace of mind during times of need. With a strong focus on the welfare of its members, the Board of Trustees of IBEW Local 1 Health & Welfare Fund continues to make a positive impact on the lives of the electrical workers it serves.

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Impact




October, 2024

The Board of Trustees of IBEW Local 1 Health & Welfare Fund significantly impacts the well-being of its members by providing essential health and welfare benefits. Located in St. Louis, MO, the Board plays a vital role in supporting the Local #1 International Brotherhood of Electrical Workers (IBEW) community. Its mission ensures that members and their families have access to necessary healthcare services, thereby promoting their overall health and financial security.

By offering comprehensive health benefits, the Fund helps members navigate medical challenges, alleviating the burden of healthcare costs. This support fosters a healthier, more secure workforce, contributing to the stability and productivity of the electrical industry. The presence of such benefits encourages member engagement and strengthens the solidarity within the IBEW community, reflecting a commitment to mutual support and welfare among its members.




This information is meant to be a general summary of Board Of Trustees Of Ibew Local 1 Health & 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
$78,691,794 (2022)
Expenses
$76,039,093 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,048,234
  • Program Service Revenue: $71,323,711
  • Gross Receipts: $179,375,399

Assets and Liabilities:

  • Total Assets: $181,913,682
  • Total Liabilities: $313,443
  • Net Assets: $181,600,239

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$71,323,711

Organization Details

Founding Year

1952

Principal Officer

Frank Jacobs

Main Address

5735 ELIZABETH AVENUE, ST LOUIS, MO, 63110

NTEE Category

Code: Y40 - Mutual benefit

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