Ibew Local 317 Supplemental Health Benefit & Trust Fund

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

EIN: 550751125 ✦ Ona, WV ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 317 Supplemental Health Benefit & Trust Fund?

Ibew Local 317 Supplemental Health Benefit & Trust Fund is a nonprofit organization based in Ona, West Virginia. Its primary mission is to assist retired or disabled participants by reducing the expense of health insurance coverage. This is achieved by providing a financial aid system to lessen the financial burden associated with health insurance costs. The fund's operations are centered around this objective, working towards improving the financial well-being of its targeted population.

Is Ibew Local 317 Supplemental Health Benefit & Trust Fund legitimate?

Ibew Local 317 Supplemental Health Benefit & Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 317 Supplemental Health Benefit & Trust 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

What is the mission statement of Ibew Local 317 Supplemental Health Benefit & Trust Fund?

The Ibew Local 317 Supplemental Health Benefit & Trust Fund's mission is to alleviate and reduce the financial burden associated with health insurance coverage for retired or disabled participants. By providing support, the fund aims to make healthcare more affordable for this group. The primary activity of the fund is directly tied to this mission, which is to help ease the financial strain of health insurance costs for those who have either retired or become disabled.

Who is the CEO of Ibew Local 317 Supplemental Health Benefit & Trust Fund?

Ralph Dawson is the Chairman of Ibew Local 317 Supplemental Health Benefit & Trust Fund.

What is the revenue of Ibew Local 317 Supplemental Health Benefit & Trust Fund?

Ibew Local 317 Supplemental Health Benefit & Trust Fund's revenue in 2022 was $1,874,683.

Who are the executives of Ibew Local 317 Supplemental Health Benefit & Trust Fund and what are their salaries?

There 6 volunteers at Ibew Local 317 Supplemental Health Benefit & Trust Fund.


Here are 6 key members and their salaries:


Ralph Dawson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Simms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chester Hudson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Braley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wolfe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Sacks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 317 Supplemental Health Benefit & Trust Fund?

Ibew Local 317 Supplemental Health Benefit & Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 317 Supplemental Health Benefit & Trust Fund

Ibew Local 317 Supplemental Health Benefit & Trust Fund is a mission-driven organization dedicated to alleviating the financial burden associated with health insurance coverage for retired or disabled participants. Its primary objective is to assist individuals in reducing the costs associated with their health insurance coverage, thereby providing them with more affordable access to necessary medical services. By offering support in this area, Ibew Local 317 Supplemental Health Benefit & Trust Fund aims to promote the overall well-being and financial stability of its beneficiaries.

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Impact




October, 2024

The IBEW Local 317 Supplemental Health Benefit & Trust Fund plays a crucial role in supporting retired or disabled participants by alleviating the financial burden of health insurance costs. By providing supplemental health benefits, the fund helps ensure that individuals who may be facing reduced income due to retirement or disability can still access necessary healthcare services without experiencing overwhelming financial strain.

This initiative is particularly important in a landscape where healthcare costs are rising, and many retirees find themselves on fixed incomes. By lessening these costs, the fund contributes to the overall well-being and security of its participants, allowing them to focus on recovery and maintaining their quality of life rather than worrying about medical expenses.

In essence, the IBEW Local 317 Supplemental Health Benefit & Trust Fund fosters a supportive environment for its members, promoting both financial stability and access to essential medical care during critical life transitions.




This information is meant to be a general summary of Ibew Local 317 Supplemental Health Benefit & Trust 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
$1,874,683 (2022)
Expenses
$1,595,542 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $163,249
  • Program Service Revenue: $1,711,434
  • Gross Receipts: $5,488,763

Assets and Liabilities:

  • Total Assets: $8,584,683
  • Total Liabilities: $0
  • Net Assets: $8,584,683

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,711,434

Organization Details

Founding Year

1996

Principal Officer

Ralph Dawson

Main Address

3150 US ROUTE 60, ONA, WV, 25545

NTEE Category

Code: Y43 - Mutual benefit

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