Ibew Local 400 Benevolent Fund

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

EIN: 846445378 ✦ Wall, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Ibew Local 400 Benevolent Fund?

Ibew Local 400 Benevolent Fund is a nonprofit organization with a charitable mission. Its primary objective is to support various community organizations and establish a tax-exempt scholarship fund for the children, stepchildren, and grandchildren of union members. The fund aims to alleviate the financial burdens of union members experiencing severe and immediate financial hardships. By providing financial assistance, the fund seeks to lessen the burden on government resources and contribute positively to its community.

Is Ibew Local 400 Benevolent Fund legitimate?

Ibew Local 400 Benevolent Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibew Local 400 Benevolent Fund submitted a form 990EZ, 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.

What is the mission statement of Ibew Local 400 Benevolent Fund?

The Ibew Local 400 Benevolent Fund's mission is centered around providing support to selected charitable organizations within their community. Additionally, they have established a tax-exempt scholarship fund for the benefit of union members' children, stepchildren, and grandchildren. Furthermore, the fund aims to alleviate the financial burdens of union members experiencing severe and immediate financial hardships. In essence, the fund seeks to lessen the burden on government by offering financial assistance during times of need.

Who is the CEO of Ibew Local 400 Benevolent Fund?

James Moran is the Trustee of Ibew Local 400 Benevolent Fund.

What is the revenue of Ibew Local 400 Benevolent Fund?

Ibew Local 400 Benevolent Fund's revenue in 2022 was $95,524.

Who are the executives of Ibew Local 400 Benevolent Fund and what are their salaries?


Here are 9 key members and their salaries:


James Moran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ricca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Baumgartner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Sanborn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ingman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Volpe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Carthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ibew Local 400 Benevolent Fund?

Ibew Local 400 Benevolent Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 400 Benevolent Fund

Ibew Local 400 Benevolent Fund is dedicated to supporting various charitable organizations in its community. Beyond this, the fund has a mission to establish a tax-exempt scholarship fund for the children, stepchildren, and grandchildren of its union members. This scholarship fund aims to provide financial assistance to these individuals, helping to lessen their financial burdens. The fund also seeks to contribute to charitable purposes and alleviate some of the responsibilities of government by offering financial aid to union members who are currently experiencing severe and immediate financial hardships.

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Impact




October, 2024

The IBEW Local 400 Benevolent Fund plays a significant role in enhancing the well-being of its community through various charitable initiatives. By supporting local organizations, the fund fosters a spirit of collaboration and goodwill, contributing to the overall health and prosperity of the area.

Additionally, the establishment of a tax-exempt scholarship fund specifically aims to assist the children, stepchildren, and grandchildren of union members, providing them with valuable educational opportunities. This investment in future generations ensures that the union's legacy continues to empower families and promote educational advancement.

Moreover, the Fund addresses immediate financial hardships faced by union members by offering financial assistance to those in severe need. This support not only alleviates personal burdens but also helps reduce the strain on government resources, effectively lessening societal challenges. Through these actions, the IBEW Local 400 Benevolent Fund makes a profound impact, promoting philanthropy and solidarity within the community.




This information is meant to be a general summary of Ibew Local 400 Benevolent 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
$95,524 (2022)
Expenses
$84,957 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $107,198

Assets and Liabilities:

  • Total Assets: $128,089
  • Total Liabilities: $0
  • Net Assets: $128,089

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Organization Details

Principal Officer

James Moran

Main Address

PO BOX 1256, WALL, NJ, 07719

NTEE Category

Code: T12 - Philanthropy

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