International Brotherhood Of Electrical Workers' Pension Benefit Fund

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

EIN: 520951104 ✦ Washington, DC ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers' Pension Benefit Fund?

The International Brotherhood of Electrical Workers' Pension Benefit Fund is a nonprofit organization based in Washington, D.C. With a mission to organize all workers for their moral, economic, social advancement, condition, and status, they provide essential pension and death benefits to eligible participants of the plan. Established at 900 7th Street NW, Washington, DC 20001, they ensure the welfare of qualified individuals by offering these crucial benefits.


Official website here: www.none

What are the reviews and ratings of this charity?

The International Brotherhood Of Electrical Workers' Pension Benefit Fund is currently not rated by Charity Navigator. This lack of rating is primarily due to the absence of required beacon scores which include Accountability & Finance and Impact & Measurement, necessary for evaluation under Charity Navigator's criteria.

Charity Navigator typically bases its evaluations on IRS-registered 501(c)(3) organizations, focusing on factors like financial health and accountability. Currently, there is no available revenue, expense, or salary data for this organization, which precludes a detailed assessment. Consequently, the absence of a rating should not be interpreted as inherently positive or negative.

While Charity Navigator provides insights primarily when enough data is present, the International Brotherhood Of Electrical Workers' Pension Benefit Fund falls outside the scope of these reviews due to its organizational status and structure, rather than a reflection of its operational efficacy or accountability standards. Due to this, the public may need to look elsewhere for a comprehensive evaluation.


This AI summary has been generated from information found on Charity Navigator.

Is International Brotherhood Of Electrical Workers' Pension Benefit Fund legitimate?

International Brotherhood Of Electrical Workers' Pension Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers' Pension Benefit 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.none

What is the mission statement of International Brotherhood Of Electrical Workers' Pension Benefit Fund?

The International Brotherhood Of Electrical Workers' Pension Benefit Fund is dedicated to organizing all workers for their moral, economic, social advancement, condition, and status. Its primary mission is to provide pension and death benefits to eligible participants of the plan. Through this commitment, the fund aims to ensure financial security and peace of mind for those who qualify. By offering pension and death benefits, the fund helps improve the livelihoods and futures of its members.


Official website here: www.none

Who is the CEO of International Brotherhood Of Electrical Workers' Pension Benefit Fund?

Kenneth W Cooper is the Trustee of International Brotherhood Of Electrical Workers' Pension Benefit Fund.


Official website here: www.none

What is the revenue of International Brotherhood Of Electrical Workers' Pension Benefit Fund?

International Brotherhood Of Electrical Workers' Pension Benefit Fund's revenue in 2022 was $240,698,661.


Official website here: www.none

Who are the executives of International Brotherhood Of Electrical Workers' Pension Benefit Fund and what are their salaries?


Here are 12 key members and their salaries:


Lonnie R Stephenson (Trustee)
  • Compensation: $0
  • Related: $470,413
  • Other: $250,010
Kenneth W Cooper (Trustee)
  • Compensation: $0
  • Related: $413,098
  • Other: $227,627
Joseph P Calabro (Trustee)
  • Compensation: $0
  • Related: $55,127
  • Other: $63,703
Myles J Calvey (Trustee)
  • Compensation: $0
  • Related: $55,681
  • Other: $63,703
Philip Venoit (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $28,117
Leroy Chicio (Trustee)
  • Compensation: $0
  • Related: $41,820
  • Other: $63,703
Chris Erickson (Trustee)
  • Compensation: $0
  • Related: $64,783
  • Other: $67,885
William Riley (Trustee)
  • Compensation: $0
  • Related: $55,681
  • Other: $63,703
James Burgham (Trustee)
  • Compensation: $0
  • Related: $55,205
  • Other: $32,716
Daniel Shirey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $30,986
Frank Furco (Trustee)
  • Compensation: $0
  • Related: $55,205
  • Other: $63,703
Dean Wine (Trustee)
  • Compensation: $0
  • Related: $55,127
  • Other: $63,703


Official website here: www.none

Where can I find the form 990 for International Brotherhood Of Electrical Workers' Pension Benefit Fund?

International Brotherhood Of Electrical Workers' Pension Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of International Brotherhood Of Electrical Workers' Pension Benefit Fund

The International Brotherhood of Electrical Workers' Pension Benefit Fund is a nonprofit organization dedicated to organizing workers and enhancing their moral, economic, social advancement, condition, and status. At its core, this fund seeks to provide pension and death benefits to eligible participants.

Through its mission, the International Brotherhood of Electrical Workers' Pension Benefit Fund strives to secure a stable financial future for those who qualify. By offering pension benefits, the organization provides a source of reliable income for retirees. In addition, death benefits serve as a vital safety net for families in the event of a participant's passing.

The International Brotherhood of Electrical Workers' Pension Benefit Fund is committed to improving the lives of its members. By providing these essential benefits, the organization offers peace of mind and financial security, enabling individuals to focus on their well-being and the pursuits they value. The fund's mission is a testament to its dedication to the communities it serves and its ongoing efforts to support the people who make up those communities.

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Impact




October, 2024

The International Brotherhood of Electrical Workers' Pension Benefit Fund plays a crucial role in enhancing the financial security and well-being of its qualifying participants through the provision of pension and death benefits. By organizing efforts to improve the moral, economic, social advancement, condition, and status of workers, the Fund contributes to a more stable and supportive environment for electrical workers and their families. This support not only aids in the immediate financial stability of individuals during retirement or in the event of death but also fosters long-term community resilience and solidarity among workers in the electrical profession. Through its mission, the Fund significantly impacts the lives of its members, providing peace of mind and financial assurance during critical life stages.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers' Pension Benefit 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
$240,698,661 (2022)
Expenses
$199,338,863 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $149,195,885
  • Program Service Revenue: $91,859,215
  • Gross Receipts: $2,176,538,888

Assets and Liabilities:

  • Total Assets: $2,372,527,803
  • Total Liabilities: $60,170,197
  • Net Assets: $2,312,357,606

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Programs

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

PARTICIPANT CONTRIBUTI

Revenue

$91,859,215

Organization Details

Founding Year

1927

Principal Officer

Kenneth W Cooper

Main Address

900 7TH STREET NW, WASHINGTON, DC, 20001

Website

www.none

NTEE Category

Code: Y30 - Mutual benefit

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