Overview
What is Alaska Electrical Health & Welfare Fund?
The Alaska Electrical Health & Welfare Fund is a nonprofit organization based in Anchorage, Alaska. With a workforce of 71 employees, their primary mission is to provide and maintain health and welfare benefits for their participants. The benefits include coverage for medical, dental, vision, and prescription claims. By doing so, they aim to ensure the well-being and health of those they serve.
Official website here: www.aetf.com
What are the reviews and ratings of this charity?
The Alaska Electrical Health & Welfare Fund is not currently rated by Charity Navigator, primarily because it does not hold 501(c)(3) status required for evaluation. Charity Navigator ratings depend on specific beacon scores, which include Accountability & Finance, but since this organization is not a 501(c)(3), it falls outside the scope of these evaluations. The absence of a rating from Charity Navigator doesn't imply any inherent positive or negative judgment of the nonprofit.
The organization has a historical evaluation record related to Accountability and Finance; however, it doesn't encompass modern criteria such as Leadership & Adaptability or Impact & Measurement. There is no available specific data regarding total revenue, expenses, or key personnel salaries. It is classified as an independent organization but does not fit into the 501(c)(3) category, affecting its eligibility for certain types of evaluation.
Considering the lack of available user reviews on GreatNonprofits, there is limited insight into individual experiences or community sentiments regarding the Alaska Electrical Health & Welfare Fund. Overall, information about the organization's performance and impact is sparse due to its nonprofit classification and the subsequent data unavailability for comprehensive assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Electrical Health & Welfare Fund legitimate?
Alaska Electrical Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alaska Electrical Health & Welfare 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: $112,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,071
For more financial information, click here
Official website here: www.aetf.com
What is the mission statement of Alaska Electrical Health & Welfare Fund?
The Alaska Electrical Health & Welfare Fund is dedicated to ensuring the provision and maintenance of health and welfare benefits for its participants. This mission is encapsulated in the description, "to provide and maintain health and welfare benefits." The organization's primary focus centers around covering medical, dental, vision, and prescription claims for its members. By fulfilling this role, the fund plays a crucial part in enhancing the overall well-being and quality of life for those it serves.
Official website here: www.aetf.com
What is the revenue of Alaska Electrical Health & Welfare Fund?
Alaska Electrical Health & Welfare Fund's revenue in 2023 was $83,931,905.
Official website here: www.aetf.com
Who are the executives of Alaska Electrical Health & Welfare Fund and what are their salaries?
The average compensation at Alaska Electrical Health & Welfare Fund during 2023 was $13,212. There are 55 employees and 10 volunteers at Alaska Electrical Health & Welfare Fund.
Here are 15 key members and their salaries:
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- Compensation: $80,029
- Related: $71,944
- Other: $114,250
- Compensation: $48,061
- Related: $92,100
- Other: $122,950
Official website here: www.aetf.com
Where can I find the form 990 for Alaska Electrical Health & Welfare Fund?
Alaska Electrical Health & Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aetf.com
Learn more at the official website: www.aetf.com
Mission Statement of Alaska Electrical Health & Welfare Fund
The Alaska Electrical Health & Welfare Fund is a dedicated organization committed to providing and maintaining health and welfare benefits for its participants. In simpler terms, this nonprofit aims to ensure the well-being of its members by covering their medical, dental, vision, and prescription expenses. The Fund's mission is geared towards enhancing the overall health and quality of life for those it serves. By assuming financial responsibility for these essential services, the Alaska Electrical Health & Welfare Fund takes a significant burden off its members, allowing them to focus on their well-being rather than the financial stress of healthcare costs. With the support of this nonprofit, individuals can access essential healthcare services, enabling them to maintain good health and live more fulfilling lives.
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Impact
October, 2024
The Alaska Electrical Health & Welfare Fund plays a crucial role in ensuring that individuals have access to essential health and welfare benefits. By providing coverage for medical, dental, vision, and prescription claims, the Fund supports the well-being of its participants in Anchorage, Alaska. This assistance directly impacts participants by reducing the financial burden associated with healthcare expenses, enabling them to focus on their health and livelihoods.
The Fund's mission to maintain comprehensive health and welfare benefits reinforces the overall health of the community, promotes preventive care, and ultimately contributes to a higher quality of life for its members. By addressing critical health needs, the Alaska Electrical Health & Welfare Fund has a significant impact on the lives of electrical workers and their families, fostering a healthier workforce and enhancing community resilience.
This information is meant to be a general summary of Alaska Electrical Health & Welfare 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: $1,091,483
- Program Service Revenue: $82,896,226
- Gross Receipts: $157,213,460
Assets and Liabilities:
- Total Assets: $47,270,729
- Total Liabilities: $31,647,203
- Net Assets: $15,623,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$70,834,952
EMPLOYEE CONTRIBUTIONS
Revenue
$11,867,951
RECIPROCITY CONTRIBUTIONS
Revenue
$193,323
Organization Details
Founding Year
1961
Principal Officer
Larry Bell
Website
www.aetf.comNTEE Category
Code: Y40 - Mutual benefit
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