Local 2222 Ibew Benevolent Fund Tr

Organization Overview

Local 2222 Ibew Benevolent Fund Tr is located in Quincy, MA. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 2222 Ibew Benevolent Fund Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Local 2222 Ibew Benevolent Fund Tr generated $35.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $29.6k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RAISES MONEY TO HELP SUPPORT WORTHWHILE COMMUNITY PROJECTS THAT NEED FUNDING, SUCH AS, SPONSORING SCHOOL SPORTS TEAMS, POLICE AND FIRE DEPARTMENT CAUSES AND VARIOUS DISEASE RESEARCH, ETC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCAL 2222 IBEW BENEVOLENT FUND RAISED MONEY FOR "HOUSING FAMILIES". THIS WORTHWHILE ORGANIZATION WAS FOUNDED TO END FAMILY HOMELESSNESS AND OFFERS SHELTER AND SUPPORTIVE SERVICES. $2,100 WAS COLLECTED FROM DONATIONS.


LOCAL UNION 2222 BENEVOLENT FUND TRUST DONATED $17,300 TO VARIOUS CHARITIES AND CAUSES IN 2022 FROM DONATIONS TO OUR ORGANIZATION AND THE JACK O'SHEA GOLF TOURNAMENT PROCEEDS.


LOCAL 2222 BENEVOLENT FUND RAISED $2,200 TO BREAD OF LIFE. THIS WORTHWHILE ORGANIZATION IS A NONPROFIT, NONDENOMINATIONAL, FAITH-BASED FOOD SECURITY ORGANIZATION BASED IN MALDEN, MA THAT PROVIDES OVER 1.5 MILLION POUNDS OF FREE FOOD A YEAR FOR ECONOMICALLY STRUGGLING AND DISADVANTAGED FAMILIES, INDIVIDUALS, YOUTH AND SENIOR CITIZENS IN THE NORTH METRO BOSTON AREA. LOCAL 2222 BENEVOLENT FUND DONATED $5,500 TO THIS ORGANIZATION IN 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin J Holland
Vice President Trustee
$0
Edward V Hastings
President Trustee
$0
Paul G English
Treasurer
$0
Keith R Bonasoro
Trustee
$0
Julio D DE La Cruz
Trustee
$0
Jeffrey N Orender
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$14,100
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,308
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,408
Total Program Service Revenue$4,300
Investment income $16
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $5,939
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,663

Grants Awarded

Over the last fiscal year, Local 2222 Ibew Benevolent Fund Tr has awarded $12,000 in support to 2 organizations.

Grant RecipientAmount

HOUSING FAMILIES INC

PURPOSE: $4000 given in "Stop & Shop and "Target" gift cards for Housing Families to redistribute to those in need. The cash grants totaling $2500 were made to fund their Annual Breakfast, 5K Race & Back to School Drive.

$6,500

BREAD OF LIFE INC

PURPOSE: $4000 in gift cards from Stop & Shop & Target for Bread of Life to use and redistribute to those in need. $500 was given as a donation and $1000 was donated to fund their Walkathon on October 1, 2022.

$5,500
View Grant Profile

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