Overview
What is Ibew Local 18 Health And Welfare Trust?
The IBEW Local 18 Health and Welfare Trust is a nonprofit organization dedicated to offering healthcare benefits to individuals who come under the jurisdiction of the Memorandum of Understanding between the City of Los Angeles, the Los Angeles Department of Water and Power, and other public agencies. Through this trust, eligible participants gain access to essential health services.
Is Ibew Local 18 Health And Welfare Trust legitimate?
Ibew Local 18 Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 18 Health And Welfare Trust 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: $9,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,067
For more financial information, click here
What is the mission statement of Ibew Local 18 Health And Welfare Trust?
The IBEW Local 18 Health and Welfare Trust is dedicated to offering healthcare benefits to individuals whose employment is covered under the Memorandum of Understanding between various public entities. By providing this essential service, the Trust plays a significant role in enhancing the overall wellbeing of its participants. The Trust's activities center around ensuring access to healthcare, focusing on the needs of those within the specified coverage. The healthcare benefits extend to a wide range of services, empowering individuals to maintain optimal health and improve their quality of life. The Trust's commitment to healthcare is a testament to its dedication to the wellbeing of its members.
What is the revenue of Ibew Local 18 Health And Welfare Trust?
Ibew Local 18 Health And Welfare Trust's revenue in 2023 was $179,072,018.
Who are the executives of Ibew Local 18 Health And Welfare Trust and what are their salaries?
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $317,950
- Other: $89,715
- Compensation: $395
- Related: $253,997
- Other: $86,097
- Compensation: $395
- Related: $255,965
- Other: $76,453
- Compensation: $0
- Related: $243,483
- Other: $78,082
- Compensation: $0
- Related: $221,308
- Other: $70,543
- Compensation: $0
- Related: $221,111
- Other: $70,543
- Compensation: $395
- Related: $135,577
- Other: $41,886
- Compensation: $395
- Related: $98,145
- Other: $37,048
- Compensation: $3,800
- Related: $25,062
- Other: $0
- Compensation: $3,255
- Related: $11,415
- Other: $0
- Compensation: $2,318
- Related: $11,781
- Other: $0
- Compensation: $1,684
- Related: $9,696
- Other: $0
- Compensation: $0
- Related: $9,545
- Other: $0
- Compensation: $0
- Related: $6,596
- Other: $0
- Compensation: $395
- Related: $5,923
- Other: $0
- Compensation: $0
- Related: $824
- Other: $0
- Compensation: $0
- Related: $651
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew Local 18 Health And Welfare Trust?
Ibew Local 18 Health And Welfare Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ibew Local 18 Health And Welfare Trust
IBEW Local 18 Health and Welfare Trust is a nonprofit organization dedicated to delivering healthcare benefits to individuals who fall under the Memorandum of Understanding between the City of Los Angeles, the Los Angeles Department of Water and Power, or other public agencies. By providing these essential services, the Trust plays a significant role in ensuring the wellbeing of its participants.
In essence, the Trust acts as a crucial safety net for those affiliated with the mentioned entities. Its primary goal is to offer comprehensive healthcare coverage, which is an essential aspect of maintaining a healthy and productive community. The Trust's mission is to improve the overall quality of life for those who are part of its program, providing them with peace of mind and the ability to focus on their personal and professional pursuits.
The IBEW Local 18 Health and Welfare Trust's impact extends far beyond just offering healthcare benefits. It serves as a vital partner in fostering a healthier and more resilient community by ensuring that its participants have access to necessary medical care. This, in turn, leads to improved individual health, as well as a more productive workforce for the City of Los Angeles and its partnering public agencies.
In summary, IBEW Local 18 Health and Welfare Trust is a dedicated nonprofit organization that provides healthcare benefits to individuals associated with the City of Los Angeles, the Los Angeles Department of Water and Power, or other public agencies. By delivering essential healthcare services, the Trust plays a crucial role in improving the overall health and wellbeing of its participants, ultimately contributing to the betterment of the entire community.
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Impact
October, 2024
The IBEW Local 18 Health and Welfare Trust significantly impacts the lives of its participants by providing comprehensive healthcare benefits. By covering individuals associated with the City of Los Angeles and the Los Angeles Department of Water and Power, the Trust ensures that employees and their families have access to essential medical services. This support enhances their overall well-being, reduces financial stress related to healthcare costs, and contributes to a healthier workforce. The Trust’s mission directly addresses the healthcare needs of union members, fostering a sense of security and stability within the community it serves.
This information is meant to be a general summary of Ibew Local 18 Health And Welfare Trust. 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: $1,810,399
- Program Service Revenue: $177,264,696
- Gross Receipts: $179,892,886
Assets and Liabilities:
- Total Assets: $58,091,221
- Total Liabilities: $28,644,860
- Net Assets: $29,446,361
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$177,094,814
PARTICIPANTS' CONTRIBUTIONS
Revenue
$169,882
Organization Details
Founding Year
1996
Principal Officer
Gustavo Corona
NTEE Category
Code: Y40 - Mutual benefit
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