Ibew Local 665 Supplemental Unemployment Benefit Fund

Organization Overview

Ibew Local 665 Supplemental Unemployment Benefit Fund is located in Lansing, MI. The organization was established in 2009. According to its NTEE Classification (Y24) the organization is classified as: Supplemental Unemployment Compensation, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Local 665 Supplemental Unemployment Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Ibew Local 665 Supplemental Unemployment Benefit Fund generated $927.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $908.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE FUND IS TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS TO EASE ECONOMIC HARDSHIP ARISING FROM DISRUPTION OF EMPLOYMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE FUND IS TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS TO EASE ECONOMIC HARDSHIP ARISING FROM DISRUPTION OF EMPLOYMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Pangborn
Secretary
$0
Bryan Benton
Chairman
$0
Thomas Hollandsworth
Trustee
$0
Aaron Nowland
Trustee
$0
Mike Smith
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$925,021
Investment income $984
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $927,603

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