Ibew Local 40 - Neca Health & Welfare Trust Fund

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

EIN: 954660513 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 40 - Neca Health & Welfare Trust Fund?

Ibew Local 40 - Neca Health & Welfare Trust Fund is a multi-employer health and welfare plan, based in San Diego, California. Its primary mission is to offer benefits to eligible employees and their dependents. This nonprofit organization serves as a resource to provide various services, ensuring the well-being of its members. The details of the specific benefits provided or the number of employees served are not provided in the given information.

Is Ibew Local 40 - Neca Health & Welfare Trust Fund legitimate?

Ibew Local 40 - Neca Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 40 - Neca 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.


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 Ibew Local 40 - Neca Health & Welfare Trust Fund?

The Ibew Local 40 - Neca Health & Welfare Trust Fund is committed to providing benefits to eligible employees and their dependents, serving as a multi-employer health and welfare plan. Its mission is focused on extending essential healthcare and welfare services, ensuring that the beneficiaries have access to necessary support. The plan is designed to provide a safety net, addressing various health and wellness needs, thereby enhancing the overall quality of life for the eligible individuals.

Who is the CEO of Ibew Local 40 - Neca Health & Welfare Trust Fund?

Stephan Davis is the Trustee of Ibew Local 40 - Neca Health & Welfare Trust Fund.

What is the revenue of Ibew Local 40 - Neca Health & Welfare Trust Fund?

Ibew Local 40 - Neca Health & Welfare Trust Fund's revenue in 2022 was $3,509,521.

Who are the executives of Ibew Local 40 - Neca Health & Welfare Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


Marc Flynn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Willson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Segura (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Richards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Mckenna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 40 - Neca Health & Welfare Trust Fund?

Ibew Local 40 - Neca Health & Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 40 - Neca Health & Welfare Trust Fund

Ibew Local 40 - Neca Health & Welfare Trust Fund is a multi-employer health and welfare plan, dedicated to providing benefits for eligible employees and their dependents. The purpose of this organization is to ensure that the individuals and families associated with the participating employers have access to necessary healthcare and welfare resources. The mission of Ibew Local 40 - Neca Health & Welfare Trust Fund is to act as an assigned entity, providing a comprehensive range of benefits to those who meet the eligibility criteria.

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Impact




October, 2024

The IBEW Local 40 - NECA Health & Welfare Trust Fund plays a crucial role in enhancing the well-being of eligible employees and their dependents by providing comprehensive health and welfare benefits. Operating in San Diego, California, this multi-employer plan ensures that members have access to essential medical services, promoting health security and financial stability for families in the electrical industry.

By offering a range of health benefits, the Trust Fund contributes to reducing the financial burden of medical expenses, fostering a healthier workforce. This support not only aids individual employees in managing healthcare costs but also reinforces worker productivity and morale, further strengthening the industry as a whole. Through its commitment to providing essential benefits, the IBEW Local 40 - NECA Health & Welfare Trust Fund has a significant positive impact on the community it serves.




This information is meant to be a general summary of Ibew Local 40 - Neca 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.

Revenue
$3,509,521 (2022)
Expenses
$3,024,781 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $113,108
  • Program Service Revenue: $3,396,413
  • Gross Receipts: $4,875,571

Assets and Liabilities:

  • Total Assets: $6,354,940
  • Total Liabilities: $2,318,170
  • Net Assets: $4,036,770

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,394,130

COBRA CONTRIBUTIONS

Revenue

$2,283

Organization Details

Founding Year

1997

Principal Officer

Stephan Davis

Main Address

3444 CAMINO DEL RIO N STE 101, SAN DIEGO, CA, 92108

NTEE Category

Code: Y40 - Mutual benefit

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