International Brotherhood Of Electrical Wkrs Union 480 & Jackso

Organization Overview

International Brotherhood Of Electrical Wkrs Union 480 & Jackso, operating under the name Neca-Ibew 480 Health & Welfare Plan, is located in Byram, MS. The organization was established in 1976. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Neca-Ibew 480 Health & Welfare Plan employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neca-Ibew 480 Health & Welfare Plan 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, Neca-Ibew 480 Health & Welfare Plan generated $7.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 6 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

HEALTH BENEFITS FOR PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING MEDICAL AND DENTAL BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS,AND LIFE COVERAGE FOR PARTICIPANTS.


PROVIDING MEDICAL AND DENTAL BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS, AND LIFE COVERAGE FOR PARTICIPANTS.


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Board, Officers & Key Employees

Name (title)Compensation
R Joel Hill
Plan Adminis
$88,772
Brooks E Martin
Chairman/ibe
$0
Mike Morgan
Trustee/ibew
$0
Stacey A Henderson
Trustee/ibew
$0
David Kelly
Trustee
$0
Tommy D Prouty
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anthem Inc
Claims Process
$328,269
American Benefit Corporation
Claims Process.
$124,201
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$7,468,591
Investment income $39,528
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $126
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,560,977

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