Ibew Neca Health And Welfare Fund

Organization Overview

Ibew Neca Health And Welfare Fund is located in Omaha, NE. The organization was established in 1963. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Ibew Neca Health And Welfare Fund employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Neca Health And Welfare 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 Neca Health And Welfare Fund generated $31.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $29.5m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH & WELFARE BENEFITS FOR MEMBERS OF THE PLAN. THE PLAN IS A COLLECTIVELY BARGAINED, MULTIEMPLOYER PLAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HEALTH & WELFARE FUND PROVIDES HOSPITAL AND MEDICAL BENEFITS AS WELL AS PRESCRIPTIONS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.


THE HEALTH & WELFARE FUND PROVIDES SHORT TERM DISABILITY BENEFITS FOR ACTIVE PARTICIPANTS WHO ARE INJURED OR SICK.


THE HEALTH & WELFARE FUND PROVIDES A DEATH BENEFIT FOR ACTIVE PARTICIPANTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Barry Mayfield
Chairman
$0
Tom Falcon
Secretary
$0
Steve Mayfield
Trustee
$0
Jay Ignowski
Trustee
$0
Jeff Meurrens
Trustee
$0
Allan Hale
Trustee Fmr
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blue Cross Blue Shield Of Nebraska
Claims Process.
$663,218
Benesys Inc
Tpa
$344,158
View All Vendors

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$28,652,655
Investment income $796,236
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,865,538
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,476,631

Create an account to unlock the data you need.

or