Overview
What is Ibew 332 Health & Welfare Trust Fund?
Ibew 332 Health & Welfare Trust Fund is a nonprofit organization located at 6800 Santa Teresa Blvd 100, San Jose, CA, 95119. Their primary mission is to extend health and welfare benefits to eligible individuals covered under collective bargaining agreements between the union and employers. In simple terms, they offer essential services to those who meet specific criteria within the union and employer partnerships.
Is Ibew 332 Health & Welfare Trust Fund legitimate?
Ibew 332 Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew 332 Health & Welfare 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.
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What is the mission statement of Ibew 332 Health & Welfare Trust Fund?
The Ibew 332 Health & Welfare Trust Fund is dedicated to extending health and welfare benefits to eligible participants. This organization's primary mission is to ensure the well-being of its members by delivering essential services and support. Covered under collective bargaining agreements between the union and employers, the Fund prioritizes the health and welfare of its members, providing them with crucial benefits. The Trust's commitment extends beyond just health care, as it aims to enhance the overall quality of life for those it serves. By focusing on the essential needs of its participants, the Ibew 332 Health & Welfare Trust Fund plays a significant role in promoting their well-being and ensuring their peace of mind.
What is the revenue of Ibew 332 Health & Welfare Trust Fund?
Ibew 332 Health & Welfare Trust Fund's revenue in 2023 was $71,813,593.
Who are the executives of Ibew 332 Health & Welfare Trust Fund and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Ibew 332 Health & Welfare Trust Fund?
Ibew 332 Health & Welfare Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ibew 332 Health & Welfare Trust Fund
Ibew 332 Health & Welfare Trust Fund is a charitable organization dedicated to extending health and welfare benefits to eligible participants. Through collective bargaining agreements between the union and employers, this trust fund ensures coverage for a significant number of individuals.
The mission of Ibew 332 Health & Welfare Trust Fund is multifaceted. Primarily, it is focused on delivering essential health benefits to its members, granting them access to vital medical services and resources. Additionally, it offers welfare benefits, which encompass a broader range of assistance, such as financial aid, counseling services, or other forms of support, to help participants maintain their overall well-being.
By providing health and welfare benefits to eligible participants covered under collective bargaining agreements, Ibew 332 Health & Welfare Trust Fund plays a crucial role in enhancing the quality of life for those it serves. Its commitment to this mission is unwavering, ensuring that the trust fund remains a valuable resource for its members in their times of need.
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Impact
October, 2024
The IBEW 332 Health & Welfare Trust Fund plays a crucial role in enhancing the well-being of eligible participants by providing essential health and welfare benefits. By offering comprehensive coverage under collective bargaining agreements between the union and employers, the fund ensures that members have access to necessary medical services, preventive care, and resources that can significantly improve their quality of life.
This initiative not only supports individual health but also fosters a sense of security and stability within the community of union workers in San Jose, CA. The mutual benefit derived from these programs strengthens the overall workforce, leading to increased productivity and morale among members. By prioritizing health and welfare, the Trust Fund contributes positively to both personal and economic health in the region.
This information is meant to be a general summary of Ibew 332 Health & Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,234,867
- Program Service Revenue: $69,750,548
- Gross Receipts: $79,186,824
Assets and Liabilities:
- Total Assets: $155,338,433
- Total Liabilities: $82,163,603
- Net Assets: $73,174,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS - H&W
Revenue
$51,530,681
PARTICIPANT CONTRIBUTIONS
Revenue
$11,548,089
HRA CONTRIBUTIONS
Revenue
$6,671,778
Organization Details
Founding Year
1959
Principal Officer
Doug Lung
NTEE Category
Code: Y40 - Mutual benefit
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