Ibew - Neca Health & Welfare Plan

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

EIN: 630366157 ✦ Mobile, AL ✦ Designated as a 501(c)(9)

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Overview

What is Ibew - Neca Health & Welfare Plan?

Ibew - Neca Health & Welfare Plan is a nonprofit organization located in Mobile, Alabama, specifically at 1717 Old Shell Road. Its primary mission is to provide comprehensive health insurance coverage, encompassing hospital, surgical, medical care, and diagnostic services, to its affiliated union members, specifically Local 505. This plan is dedicated to ensuring the well-being of its members by offering beneficial health care options.

Is Ibew - Neca Health & Welfare Plan legitimate?

Ibew - Neca Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew - Neca Health & Welfare Plan 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 - Neca Health & Welfare Plan?

The Ibew - Neca Health & Welfare Plan, as stated in its mission description, is committed to providing comprehensive healthcare solutions for its union members. Specifically, it offers hospital, surgical, medical, and diagnostic care insurance benefits. This plan is dedicated to ensuring the well-being of its members, focusing on their medical needs and providing the necessary care they require. The plan's mission can be summarized as an initiative to support the health and wellness of Local 505 union members by offering essential healthcare coverage.

Who is the CEO of Ibew - Neca Health & Welfare Plan?

Ed Kahalley Jr is the Trustee of Ibew - Neca Health & Welfare Plan.

What is the revenue of Ibew - Neca Health & Welfare Plan?

Ibew - Neca Health & Welfare Plan's revenue in 2022 was $4,723,685.

Who are the executives of Ibew - Neca Health & Welfare Plan and what are their salaries?


Here are 6 key members and their salaries:


Frank Everett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred J Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Varvoutis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew - Neca Health & Welfare Plan?

Ibew - Neca Health & Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew - Neca Health & Welfare Plan

Ibew - Neca Health & Welfare Plan, as its name suggests, is dedicated to providing essential healthcare benefits to the local union members affiliated with IBEW (International Brotherhood of Electrical Workers) 505. The primary mission of this organization is to offer comprehensive healthcare coverage, encompassing hospital care, surgical procedures, and diagnostic services. By doing so, Ibew - Neca Health & Welfare Plan aims to ensure its members have access to the medical care they need, promoting their overall well-being and peace of mind. This insurance plan serves as a vital resource, providing a safety net for union members in times of medical need, thereby reinforcing the organization's commitment to its members' health and welfare.

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Impact




October, 2024

The IBEW - NECA Health & Welfare Plan significantly impacts Local 505 union members by offering essential health benefits. It provides coverage for hospital stays, surgical procedures, medical care, and diagnostic services, ensuring that union members have access to crucial healthcare resources. By alleviating financial burdens associated with medical expenses, the plan enhances the well-being of its members and their families. This comprehensive insurance coverage not only supports physical health but also contributes to the overall job satisfaction and security of those within the union. By prioritizing health and welfare, the plan fosters a stronger, more resilient workforce in the Mobile, AL community.




This information is meant to be a general summary of Ibew - Neca Health & Welfare Plan. 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
$4,723,685 (2022)
Expenses
$4,620,484 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,720
  • Program Service Revenue: $4,690,965
  • Gross Receipts: $4,723,685

Assets and Liabilities:

  • Total Assets: $7,418,180
  • Total Liabilities: $35,457
  • Net Assets: $7,382,723

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,605,652

EMPLOYEE CONTRIBUTIONS

Revenue

$85,313

Organization Details

Founding Year

1959

Principal Officer

Ed Kahalley Jr

Main Address

1717 OLD SHELL ROAD, MOBILE, AL, 36604

NTEE Category

Code: Y40 - Mutual benefit

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