Electrical Workers Health & Welfare Trust Fund For Northern Nevada

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

EIN: 886004496 ✦ Reno, NV ✦ Designated as a 501(c)(9)

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Overview

What is Electrical Workers Health & Welfare Trust Fund For Northern Nevada?

Electrical Workers Health & Welfare Trust Fund for Northern Nevada is a nonprofit organization situated in Reno, Nevada, at 445 Apple Street. Their primary mission is to offer medical, disability, dental, and vision benefits to approximately 865 eligible participants, excluding their dependents. They also manage and cover the medical stop loss, life, and accidental death and dismemberment (AD&D) insurance premiums for these participants. The organization's main objective is to ensure the well-being and health of its eligible participants by providing them with necessary healthcare benefits.

Is Electrical Workers Health & Welfare Trust Fund For Northern Nevada legitimate?

Electrical Workers Health & Welfare Trust Fund For Northern Nevada is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Health & Welfare Trust Fund For Northern Nevada 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 Electrical Workers Health & Welfare Trust Fund For Northern Nevada?

The Electrical Workers Health & Welfare Trust Fund For Northern Nevada is committed to providing health and welfare benefits to eligible participants. This organization strives to offer medical, disability, dental, and vision benefits, as well as pay for medical stop loss, life, and accidental death and dismemberment insurance premiums. In totality, these benefits are extended to approximately 865 eligible participants, excluding their dependents.

Who is the CEO of Electrical Workers Health & Welfare Trust Fund For Northern Nevada?

Fran Mcdermott is the Co-Chairman of Electrical Workers Health & Welfare Trust Fund For Northern Nevada.

What is the revenue of Electrical Workers Health & Welfare Trust Fund For Northern Nevada?

Electrical Workers Health & Welfare Trust Fund For Northern Nevada's revenue in 2022 was $6,460,390.

Who are the executives of Electrical Workers Health & Welfare Trust Fund For Northern Nevada and what are their salaries?


Here are 7 key members and their salaries:


Jacob Haas (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Harker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asa Barton (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Mcdermott (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pourchot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Glenn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Bryne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Electrical Workers Health & Welfare Trust Fund For Northern Nevada?

Electrical Workers Health & Welfare Trust Fund For Northern Nevada's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Electrical Workers Health & Welfare Trust Fund For Northern Nevada

The Electrical Workers Health & Welfare Trust Fund For Northern Nevada is committed to providing health and welfare benefits to eligible participants. This nonprofit organization's mission is to ensure that eligible individuals have access to medical, dental, and vision benefits, as well as pay for medical stop loss, life, and accidental death and dismemberment (AD&D) insurance premiums. By offering these benefits, the Electrical Workers Health & Welfare Trust Fund For Northern Nevada aims to support approximately 865 eligible participants, not including their dependents. The organization's primary goal is to enhance the well-being of its members by providing them with essential healthcare services and financial protection.

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Impact




October, 2024

The Electrical Workers Health & Welfare Trust Fund for Northern Nevada provides essential health and welfare benefits to eligible participants, significantly enhancing their quality of life. By offering comprehensive medical, disability, dental, and vision benefits, the fund ensures that approximately 865 participants can access necessary healthcare services. This support alleviates financial burdens associated with medical expenses, allowing individuals and their families to focus on their well-being.

In addition to standard health coverage, the Trust Fund also pays for medical stop-loss insurance and life and accidental death and dismemberment (AD&D) insurance premiums. This added layer of protection helps safeguard participants against unexpected and potentially devastating financial challenges. By prioritizing the health and welfare of its members, the Trust Fund fosters a sense of security and stability, contributing to the overall welfare of the electrical workers community in Northern Nevada.




This information is meant to be a general summary of Electrical Workers Health & Welfare Trust Fund For Northern Nevada. 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
$6,460,390 (2022)
Expenses
$9,935,928 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $328,178
  • Program Service Revenue: $6,132,212
  • Gross Receipts: $10,047,450

Assets and Liabilities:

  • Total Assets: $9,237,380
  • Total Liabilities: $59,290
  • Net Assets: $9,178,090

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,908,372

EMPLOYEE CONTRIBUTIONS

Revenue

$223,840

Organization Details

Founding Year

1956

Principal Officer

Fran Mcdermott

Main Address

445 APPLE STREET, Reno, NV, 89502

NTEE Category

Code: Y40 - Mutual benefit

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