Overview
What is Electrical Workers Local 369 Benefit Fund?
The Electrical Workers Local 369 Benefit Fund is a nonprofit organization based in Louisville, Kentucky, specifically located at 906 Minoma Avenue, ZIP code 40217. This entity focuses on providing benefits for eligible members and retirees of IBEW 369, as well as their dependents and related employees. The benefits package includes coverage for death, accidental death and dismemberment, medical care, prescription drugs, hearing, and weekly disability. The mission of the Benefit Fund is to ensure the health and welfare of its participants, offering essential benefits that cater to various aspects of their well-being.
Official website here: www.369benefitfunds.com
What are the reviews and ratings of this charity?
The Electrical Workers Local 369 Benefit Fund does not currently have a rating from Charity Navigator. This is primarily because it is not a 501(c)(3) IRS registered nonprofit, which means it doesn't meet the requirements for Charity Navigator's evaluation methodologies that focus on Accountability & Finance, Impact & Measurement, and other factors.
The absence of a rating does not imply a negative or positive assessment of the organization; it simply indicates it hasn't been evaluated by Charity Navigator. Organizations that fall outside the 501(c)(3) category, like this one, are often not vetted for traditional fiscal metrics by such platforms. The organization's financial data, such as revenue and expenses or the salary of key personnel, are also not available for public review due to this status.
Since no user reviews are available on GreatNonprofits, there's no firsthand user feedback or sentiment to include in this overview. Interested parties should potentially seek additional sources or direct contact with the organization to gather further insights into its operations and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Electrical Workers Local 369 Benefit Fund legitimate?
Electrical Workers Local 369 Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Local 369 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: $421,778
For more financial information, click here
Official website here: www.369benefitfunds.com
What is the mission statement of Electrical Workers Local 369 Benefit Fund?
The Electrical Workers Local 369 Benefit Fund is dedicated to providing health and welfare benefits to eligible participants. This employee benefit plan offers coverage for various health-related needs, including death benefits, accidental death and dismemberment, medical care, prescription drugs, hearing, and weekly disability. The mission of the fund is to ensure the well-being of members and retirees of IBEW 369, as well as their dependents and related employees, by providing essential benefits when they need it most. The fund's services aim to improve the overall quality of life for those it serves, offering peace of mind and financial security during times of need.
Official website here: www.369benefitfunds.com
Who is the CEO of Electrical Workers Local 369 Benefit Fund?
Ricky George Jr is the Trustee of Electrical Workers Local 369 Benefit Fund.
Official website here: www.369benefitfunds.com
What is the revenue of Electrical Workers Local 369 Benefit Fund?
Electrical Workers Local 369 Benefit Fund's revenue in 2022 was $35,483,096.
Official website here: www.369benefitfunds.com
Who are the executives of Electrical Workers Local 369 Benefit Fund and what are their salaries?
The average compensation at Electrical Workers Local 369 Benefit Fund during 2022 was $4,739. There are 89 employees and 8 volunteers at Electrical Workers Local 369 Benefit Fund.
Here are 8 key members and their salaries:
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Official website here: www.369benefitfunds.com
Where can I find the form 990 for Electrical Workers Local 369 Benefit Fund?
Electrical Workers Local 369 Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.369benefitfunds.com
Learn more at the official website: www.369benefitfunds.com
Mission Statement of Electrical Workers Local 369 Benefit Fund
The Electrical Workers Local 369 Benefit Fund is a dedicated organization committed to providing essential health and welfare benefits to eligible participants. In simple terms, its mission revolves around enhancing the wellbeing of members and retirees of IBEW 369, their dependents, and related employees.
This employee benefit plan extends its reach beyond the usual scope of employment, offering a comprehensive range of benefits tailored to its members' needs. Key among these benefits are coverage for death, accidental death and dismemberment, medical care, prescription drugs, hearing, and weekly disability.
The Electrical Workers Local 369 Benefit Fund's unwavering dedication to its members' wellbeing is evident in its extensive offering of benefits. The plan meticulously caters to the diverse healthcare requirements of its members, ensuring they have access to the necessary support during their time of need. By providing these benefits, the Fund plays a vital role in promoting the overall health and financial stability of its members.
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Impact
October, 2024
The Electrical Workers Local 369 Benefit Fund plays a crucial role in enhancing the well-being of its members and their families. By providing comprehensive health and welfare benefits, it ensures that eligible participants—including members and retirees of IBEW 369 and their dependents—have access to vital services.
This fund offers a range of benefits, such as medical care, prescription drug coverage, and support for hearing needs. Additionally, it provides financial assistance in the event of death, accidental death, or dismemberment, along with weekly disability benefits. These services not only contribute to the health and security of individuals but also foster a sense of community and mutual support among electrical workers in Louisville, KY. Overall, the fund significantly impacts the quality of life for its participants, helping them navigate health challenges and providing peace of mind for their families.
This information is meant to be a general summary of Electrical Workers Local 369 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,884,155
- Program Service Revenue: $31,062,095
- Gross Receipts: $73,490,615
Assets and Liabilities:
- Total Assets: $79,151,989
- Total Liabilities: $613,476
- Net Assets: $78,538,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$27,796,138
EMPLOYEE CONTRIBUTIONS
Revenue
$3,265,957
Organization Details
Founding Year
1976
Phone
(502) 635-2611Principal Officer
Ricky George Jr
Main Address
906 MINOMA AVENUE, LOUISVILLE, KY, 40217
Website
www.369benefitfunds.comNTEE Category
Code: Y40 - Mutual benefit
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