Overview
What is Ibew-Neca Service Center Inc?
Ibew-Neca Service Center Inc is a nonprofit organization that plays a vital role in managing employee benefit plans. Located in association with Local Union No. 1 of the International Brotherhood of Electrical Workers (IBEW) and the St. Louis Chapter of the National Electrical Contractors Association (NECA), this organization acts as an accounting and records processing center. It also supports any additional trust funds that result from negotiations between these entities or between Local 1 and other employers. The primary objective of Ibew-Neca Service Center Inc is to administer employee benefit plans, ensuring the wellbeing and financial security of the associated workforce.
Is Ibew-Neca Service Center Inc legitimate?
Ibew-Neca Service Center Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew-Neca Service Center Inc 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: $274,823
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,665,774
For more financial information, click here
What is the mission statement of Ibew-Neca Service Center Inc?
Ibew-Neca Service Center Inc's primary mission is to manage employee benefit plans and act as an accounting and records processing center for Local Union No. 1 of the International Brotherhood of Electrical Workers (IBEW) and the St. Louis Chapter of the National Electrical Contractors Association (NECA). In addition, the service center supports any trust funds that have been negotiated between a local union of the IBEW and the St. Louis Chapter of NECA, or between Local 1 and any other employer. The primary goal of Ibew-Neca Service Center Inc is to ensure the efficient administration of employee benefit plans and provide necessary support to the involved parties.
Who is the CEO of Ibew-Neca Service Center Inc?
Corey Wirth is the Executive Di of Ibew-Neca Service Center Inc.
What is the revenue of Ibew-Neca Service Center Inc?
Ibew-Neca Service Center Inc's revenue in 2022 was $3,581,472.
Who are the executives of Ibew-Neca Service Center Inc and what are their salaries?
The average compensation at Ibew-Neca Service Center Inc during 2022 was $64,687. There are 30 employees at Ibew-Neca Service Center Inc.
Here are 5 key members and their salaries:
- Compensation: $274,823
- Related: $0
- Other: $56,023
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew-Neca Service Center Inc?
Ibew-Neca Service Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew-Neca Service Center Inc
Ibew-Neca Service Center Inc is an organization dedicated to administering employee benefit plans. Acting as a centralized accounting and records processing center, it serves Local Union No. 1 of the International Brotherhood of Electrical Workers (IBEW) and the St. Louis Chapter of the National Electrical Contractors Association (NECA). Beyond this primary function, the service center also supports any additional trust funds that are negotiated between local unions of the IBEW and the St. Louis Chapter of NECA, or between Local 1 and any other employer. In essence, Ibew-Neca Service Center Inc plays a crucial role in managing and processing employee benefit plans for its affiliated unions, ensuring that the benefits are administered efficiently and effectively.
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Impact
October, 2024
Ibew-Neca Service Center Inc plays a crucial role in the workforce by administering employee benefit plans for local union members and maintaining accurate accounting and records processing for Local Union No. 1, IBEW, and the St. Louis Chapter of NECA. Its operations ensure that union members have access to comprehensive benefits, which are vital for their financial security and well-being.
By managing these benefit plans, the Service Center supports workers and their families, enhancing job satisfaction and stability within the electrical industry. Additionally, it assists with the administration of various trust funds negotiated between the local unions and employers, promoting collaboration and ensuring fair compensation.
The impact of Ibew-Neca Service Center extends beyond individual beneficiaries; it fosters a stronger labor community in St. Louis, contributing to the region's economic health. By ensuring that members receive their rightful benefits, the organization enhances labor relations and supports the overall development of the workforce.
This information is meant to be a general summary of Ibew-Neca Service Center Inc. 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 2022.
- Investment Income: $9,581
- Program Service Revenue: $3,571,891
- Gross Receipts: $3,601,891
Assets and Liabilities:
- Total Assets: $889,042
- Total Liabilities: $281,313
- Net Assets: $607,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
1 HEALTH & WELFARE
Revenue
$1,950,602
MARKET RESEARCH 1
Revenue
$483,242
LOCAL 702
Revenue
$178,298
1 APPR & TRAINING
Revenue
$171,367
1 PENSION
Revenue
$153,746
Organization Details
Phone
(314) 752-2330Principal Officer
Corey Wirth
Main Address
5735 ELIZABETH AVE, ST LOUIS, MO, 63110
NTEE Category
Code: J40 - Employment
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