Overview
What is Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund?
The IBEW Local Union 354 and Intermoun Neca Retirement Benefit Fund is a nonprofit entity that serves the retired employees of Local Union 354. Its primary mission is to reimburse their health insurance premiums, providing financial support during their retirement years. This fund operates through various programs, ensuring that retired employees maintain their healthcare coverage effectively.
Is Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund legitimate?
Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local Union 354 And Intermoun Neca Retirement 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: $0
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What is the mission statement of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund?
The IBEW Local Union 354 and Intermoun Neca Retirement Benefit Fund serves to reimburse the health insurance premiums for retired employees of Local Union 354, fulfilling this task through its established programs. The primary objective of this fund is to provide financial assistance to its retired members, easing the burden of health insurance costs during their post-employment years. By offering this reimbursement service, the fund aims to ensure that retired employees maintain access to necessary healthcare services, enhancing their overall well-being and quality of life.
Who is the CEO of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund?
Steve Woodman is the Trustee of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund.
What is the revenue of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund?
Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund's revenue in 2023 was $1,444,517.
Who are the executives of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund?
Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ibew Local Union 354 And Intermoun Neca Retirement Benefit Fund
IBEW Local Union 354 and Intermoun Neca Retirement Benefit Fund is an organization that plays a significant role in supporting its retired employees. Its primary mission, as stated, is to reimburse the health insurance premiums of these retirees. This fund, through its programs, provides a financial assistance mechanism for retired employees of Local Union 354, helping them maintain their health coverage post-retirement. By offering this reimbursement service, the fund ensures that these individuals can continue to access necessary healthcare services, thereby contributing to their overall well-being.
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Impact
October, 2024
The IBEW Local Union 354 and Intermountain NECA Retirement Benefit Fund significantly impacts retired employees by providing financial support through the reimbursement of health insurance premiums. This assistance helps retired members maintain access to essential healthcare services, alleviating some of the financial burdens associated with post-employment medical expenses. By supporting retirees in this way, the Fund enhances their overall quality of life and ensures they can manage healthcare costs effectively. This commitment to the well-being of retired employees reinforces the values of mutual support and community within the union, fostering a sense of security among members who have dedicated their careers to the industry.
This information is meant to be a general summary of Ibew Local Union 354 And Intermoun Neca Retirement 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 2023.
- Investment Income: $650,242
- Program Service Revenue: $794,275
- Gross Receipts: $5,370,685
Assets and Liabilities:
- Total Assets: $18,187,318
- Total Liabilities: $15,607
- Net Assets: $18,171,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$794,275
Organization Details
Founding Year
1997
Phone
(801) 973-1001Principal Officer
Steve Woodman
Main Address
1293 WEST 2200 SOUTH SUITE A, SALT LAKE CITY, UT, 84119
NTEE Category
Code: Y43 - Mutual benefit
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