Overview
What is Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund?
The Trustees of Local 649 IBEW Supplemental Unemployment Benefit Welfare Fund is a nonprofit organization that offers various benefits to the employees of contributing employers. Established through collectively bargained agreements, this fund is sustained through employer contributions. The benefits provided by the Trustees include death benefits, severance assistance, medical coverage for spouses and dependents, retirement benefits, and holiday perks. The fund's primary mission is to ensure the well-being and support of its beneficiaries, enhancing the overall employment experience for individuals working under contributing employers.
Is Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund legitimate?
Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trustees Of Local 649 Ibew Supplemental Unemployment Benefit 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: $30,505
For more financial information, click here
What is the mission statement of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund?
The Trustees of Local 649 IBEW Supplemental Unemployment Benefit Welfare Fund is committed to providing benefits to eligible employees. This is achieved through a collectively bargained Supplemental Unemployment Welfare Fund, which relies on employer contributions. The benefits offered include death, severance, spousal-dependent medical, retiree, and holiday benefits for the employees of contributing employers. The fund serves as a safety net, providing support during challenging periods of unemployment or retirement. Its mission is to enhance the well-being of its beneficiaries, offering them financial security and peace of mind.
What is the revenue of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund?
Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund's revenue in 2023 was $437,745.
Who are the executives of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund?
Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund
The Trustees of Local 649 IBEW Supplemental Unemployment Benefit Welfare Fund is an organization with a mission to provide benefits to its member employees. This mission is accomplished through a collectively bargained Supplemental Unemployment Welfare Fund, which relies on employer contributions. The funds are utilized to offer a comprehensive range of benefits, including death, severance, spousal-dependent medical, retiree, and holiday benefits to the employees of contributing employers. By providing these benefits, the Trustees of Local 649 IBEW Supplemental Unemployment Benefit Welfare Fund aims to support its members during various stages of their employment, from unemployment to retirement. This organization serves as a safety net for its beneficiaries, offering financial assistance and resources during challenging times.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Trustees Of Local 649 IBEW Supplemental Unemployment Benefit Welfare Fund significantly impacts employees by providing essential benefits designed to support them during times of unemployment and other critical life events. By utilizing employer contributions to fund a collectively bargained Supplemental Unemployment Welfare Fund, the organization ensures that workers have access to death benefits, severance pay, medical coverage for spouses and dependents, as well as benefits for retirees and holiday assistance.
This financial safety net plays a crucial role in enhancing the well-being of employees in the St. Louis area by mitigating the risks associated with unemployment and unexpected life changes. By offering these benefits, the Trustees help to foster a sense of security among workers and their families, ultimately contributing to a more stable and supportive work environment for all involved. Such initiatives not only aid individuals in navigating challenging transitions but also promote loyalty and morale within the workforce, benefiting the overall community and economy.
This information is meant to be a general summary of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $163,901
- Program Service Revenue: $269,725
- Gross Receipts: $437,745
Assets and Liabilities:
- Total Assets: $7,434,752
- Total Liabilities: $4,431
- Net Assets: $7,430,321
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$269,725
Organization Details
Founding Year
1998
Principal Officer
Terry Shewmake
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Trustees Of Local 649 Ibew Supplemental Unemployment Benefit Welfare Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.