Neca Ibew Family Medical Care Trust Fund

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

EIN: 753198514 ✦ Rockville, MD ✦ Designated as a 501(c)(9)

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Overview

What is Neca Ibew Family Medical Care Trust Fund?

The Neca Ibew Family Medical Care Trust Fund is a health and welfare nonprofit organization, located at 2400 Research Boulevard 500, Rockville, MD, 20850. With a team of 43 dedicated employees, they are committed to providing an array of medical, life, temporary disability, accidental death and dismemberment, prescription drug, dental, and vision benefits to eligible participants, dependents, and beneficiaries. The mission of this organization revolves around ensuring the wellbeing of eligible members by offering essential health and welfare benefits.


Official website here: www.nifmcp.com

Is Neca Ibew Family Medical Care Trust Fund legitimate?

Neca Ibew Family Medical Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neca Ibew Family Medical Care 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: $2,147,055

For more financial information, click here


Official website here: www.nifmcp.com

What is the mission statement of Neca Ibew Family Medical Care Trust Fund?

The Neca Ibew Family Medical Care Trust Fund is committed to providing health and welfare benefits for eligible members. Its mission is to ensure that eligible participants, dependents, and beneficiaries have access to essential medical, life, temporary disability, accidental death and dismemberment, prescription drug, dental, and vision benefits. By doing so, the Trust Fund aims to promote overall well-being and improve the quality of life for those it serves. The Trust Fund's primary focus is on delivering comprehensive healthcare benefits to enhance the health and financial security of its members.


Official website here: www.nifmcp.com

Who is the CEO of Neca Ibew Family Medical Care Trust Fund?

Trustees is the Trustee of Neca Ibew Family Medical Care Trust Fund.


Official website here: www.nifmcp.com

What is the revenue of Neca Ibew Family Medical Care Trust Fund?

Neca Ibew Family Medical Care Trust Fund's revenue in 2022 was $648,727,699.


Official website here: www.nifmcp.com

Who are the executives of Neca Ibew Family Medical Care Trust Fund and what are their salaries?

The average compensation at Neca Ibew Family Medical Care Trust Fund during 2022 was $49,932. There are 43 employees at Neca Ibew Family Medical Care Trust Fund.


Here are 5 key members and their salaries:


Kenneth W Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul J Shaffer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Moter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Bowman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Tighe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nifmcp.com

Where can I find the form 990 for Neca Ibew Family Medical Care Trust Fund?

Neca Ibew Family Medical Care Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nifmcp.com

Learn more at the official website: www.nifmcp.com

Mission Statement of Neca Ibew Family Medical Care Trust Fund

Neca Ibew Family Medical Care Trust Fund is a mission-driven organization committed to providing health and welfare benefits for eligible members. In simple terms, the Trust Fund strives to ensure that its participants, dependents, and beneficiaries have access to essential medical, life, temporary disability, accidental death and dismemberment, prescription drug, dental, and vision benefits.

The Trust Fund's primary goal is to safeguard the health and well-being of its community. By offering a comprehensive range of benefits, it aims to provide peace of mind and financial security to its members during times of medical need. The Trust Fund's commitment to its members extends beyond just medical coverage, as it also prioritizes their overall well-being.

In execution of its mission, Neca Ibew Family Medical Care Trust Fund meticulously provides medical, life, and disability insurance, as well as accidental death and dismemberment coverage. It also offers crucial prescription drug benefits, ensuring that its members have access to necessary medications. Furthermore, the Trust Fund provides dental and vision benefits, ensuring that its members have access to essential oral and eye care services.

Through its comprehensive offerings, Neca Ibew Family Medical Care Trust Fund empowers its members to focus on their health and well-being, without the added stress of financial concerns during times of medical need. The Trust Fund's unwavering commitment to its mission enables it to make a significant positive impact on the lives of its members, providing them with the security and peace of mind they deserve.

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Impact




October, 2024

The Neca Ibew Family Medical Care Trust Fund plays a vital role in supporting the health and welfare of eligible participants, their dependents, and beneficiaries. By offering a comprehensive range of benefits—including medical, life, temporary disability, accidental death and dismemberment, prescription drug, dental, and vision coverage—the Trust Fund ensures that individuals and families have access to essential healthcare services.

This support is crucial in promoting the overall well-being of members, helping them manage medical expenses and maintain their quality of life. By alleviating financial burdens associated with healthcare, the Trust Fund fosters a sense of security and stability for workers and their families in Rockville, MD, ultimately contributing to the community's health and prosperity.




This information is meant to be a general summary of Neca Ibew Family Medical Care 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
$648,727,699 (2022)
Expenses
$537,999,350 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,699,496
  • Program Service Revenue: $632,999,920
  • Gross Receipts: $923,706,793

Assets and Liabilities:

  • Total Assets: $814,061,066
  • Total Liabilities: $20,034,125
  • Net Assets: $794,026,941

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$599,000,077

PART. CONTRIBUTIONS

Revenue

$17,590,845

PRESCRIPTION BENEFIT REBATES

Revenue

$14,836,600

SUBROGATION INCOME

Revenue

$1,572,398

Organization Details

Founding Year

2006

Principal Officer

Trustees

Main Address

2400 RESEARCH BOULEVARD 500, ROCKVILLE, MD, 208503266

NTEE Category

Code: Y43 - Mutual benefit

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