Ibew Local 18 Health And Welfare Trust

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

EIN: 957008736 ✦ Los angeles, CA ✦ Designated as a 501(c)(9)

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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: $11,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $255,787

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.

Who is the CEO of Ibew Local 18 Health And Welfare Trust?

Gustavo Corona is the Chairman - Past of Ibew Local 18 Health And Welfare Trust.

What is the revenue of Ibew Local 18 Health And Welfare Trust?

Ibew Local 18 Health And Welfare Trust's revenue in 2022 was $170,196,833.

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:


Brian D'Arcy (Chairman - Past)
  • Compensation: $0
  • Related: $441,288
  • Other: $87,577
Gustavo Corona (Chairman)
  • Compensation: $0
  • Related: $250,863
  • Other: $75,367
Shawn Mccloud (Assistant Business Manager)
  • Compensation: $0
  • Related: $230,503
  • Other: $84,200
Martin Marrufo (Assistant Business Manager)
  • Compensation: $0
  • Related: $239,514
  • Other: $73,510
Jennifer Hadley (Assistant Business Manager)
  • Compensation: $0
  • Related: $232,838
  • Other: $77,949
Nancy Romero (Business Representative)
  • Compensation: $0
  • Related: $214,004
  • Other: $70,451
Adrienne Johnson (Business Representative)
  • Compensation: $0
  • Related: $211,317
  • Other: $66,986
Lilly Calvache (Treasurer)
  • Compensation: $0
  • Related: $130,663
  • Other: $38,394
Keyshala Waggoner (Recording Secretary)
  • Compensation: $0
  • Related: $40,279
  • Other: $14,621
Marco Jimenez (Trustee)
  • Compensation: $0
  • Related: $5,074
  • Other: $0
Rafael Lopez (President)
  • Compensation: $0
  • Related: $4,886
  • Other: $0
Latanya Bogin (Trustee)
  • Compensation: $0
  • Related: $3,811
  • Other: $0
Desley O'Neal (Trustee)
  • Compensation: $0
  • Related: $3,245
  • Other: $0
Laura Leon (Trustee)
  • Compensation: $0
  • Related: $3,109
  • Other: $0
Jennifer Vanegas (Trustee)
  • Compensation: $0
  • Related: $1,831
  • Other: $0
Barry Poole (Recording Secretary - Past)
  • Compensation: $0
  • Related: $874
  • Other: $0
Michael Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Alvarez (Vice President)
  • 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 2022 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.

Revenue
$170,196,833 (2022)
Expenses
$163,950,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,075,692
  • Program Service Revenue: $167,167,807
  • Gross Receipts: $180,349,193

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

$166,951,435

PARTICIPANTS' CONTRIBUTIONS

Revenue

$216,372

Organization Details

Founding Year

1996

Principal Officer

Gustavo Corona

Main Address

4189 W SECOND ST, LOS ANGELES, CA, 90004

NTEE Category

Code: Y40 - Mutual benefit

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