Board Of Trustees Of Electricians' Income Security Fund

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

EIN: 431438013 ✦ St louis, MO ✦ Designated as a 501(c)(9)

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Overview

What is Board Of Trustees Of Electricians' Income Security Fund?

The Board of Trustees of Electricians' Income Security Fund is a nonprofit organization that offers supplemental unemployment, death, permanent disability, and long-term severance benefits to members of Local #1 of the International Brotherhood of Electrical Workers. This is carried out through an Employee Benefit Plan. The organization aims to provide financial support and security to the electrical workers in times of need, ensuring their well-being and stability.

Is Board Of Trustees Of Electricians' Income Security Fund legitimate?

Board Of Trustees Of Electricians' Income Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Trustees Of Electricians' Income Security 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: $47,802

For more financial information, click here

What is the mission statement of Board Of Trustees Of Electricians' Income Security Fund?

The Board of Trustees of Electricians' Income Security Fund is dedicated to offering supplemental unemployment, death, permanent disability, and long-term severance benefits to members of local #1 International Brotherhood of Electrical Workers, all achieved through an Employee Benefit Plan. This organization serves as a safety net for electrical workers, providing financial assistance during challenging times, thereby upholding their well-being and security.

Who is the CEO of Board Of Trustees Of Electricians' Income Security Fund?

Frank Jacobs is the Exiting Secretary of Board Of Trustees Of Electricians' Income Security Fund.

What is the revenue of Board Of Trustees Of Electricians' Income Security Fund?

Board Of Trustees Of Electricians' Income Security Fund's revenue in 2022 was $3,189,513.

Who are the executives of Board Of Trustees Of Electricians' Income Security Fund and what are their salaries?


Here are 8 key members and their salaries:


Douglas Martin (Exiting Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Jacobs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kahrhoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Kohnen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald J Bresnan (Exiting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Chettle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reinheimer Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mckenna (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Board Of Trustees Of Electricians' Income Security Fund?

Board Of Trustees Of Electricians' Income Security Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Board Of Trustees Of Electricians' Income Security Fund

The Board of Trustees of Electricians' Income Security Fund is a vital organization that aims to offer supplemental unemployment, death, permanent disability, and long-term severance benefits to members of Local #1 of the International Brotherhood of Electrical Workers. This nonprofit operates through an Employee Benefit Plan, providing financial support and security to its beneficiaries during challenging times. By offering these essential benefits, the Board of Trustees of Electricians' Income Security Fund plays a crucial role in ensuring the well-being and stability of electrical workers, allowing them to face unexpected hardships with confidence.

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Impact




October, 2024

The Board of Trustees of Electricians' Income Security Fund plays a crucial role in supporting the financial stability and well-being of members of Local #1 International Brotherhood of Electrical Workers. By providing supplemental unemployment benefits, the fund aids individuals during periods of job loss, ensuring they have essential resources to manage their living expenses. Additionally, the provision of death benefits offers peace of mind to members and their families, alleviating the financial burden during difficult times.

Through long-term severance and permanent disability benefits, the fund effectively addresses the diverse needs of its members, promoting a sense of security and support within the electrical workforce. This comprehensive approach not only enhances members’ quality of life but also fosters a stronger community among electricians, ultimately contributing to their overall resilience and solidarity in the face of life's challenges.




This information is meant to be a general summary of Board Of Trustees Of Electricians' Income Security 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
$3,189,513 (2022)
Expenses
$1,560,474 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $837,173
  • Program Service Revenue: $2,267,336
  • Gross Receipts: $6,479,170

Assets and Liabilities:

  • Total Assets: $30,155,466
  • Total Liabilities: $89,526
  • Net Assets: $30,065,940

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,267,336

Organization Details

Founding Year

1987

Principal Officer

Frank Jacobs

Main Address

5735 ELIZABETH AVENUE, ST LOUIS, MO, 63110

NTEE Category

Code: Y40 - Mutual benefit

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