International Brthood Of Electrical Workers Welfare Fund Local 728

Organization Overview

International Brthood Of Electrical Workers Welfare Fund Local 728 is located in Pembroke Pines, FL. The organization was established in 1960. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brthood Of Electrical Workers Welfare Fund Local 728 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, International Brthood Of Electrical Workers Welfare Fund Local 728 generated $10.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $9.2m during the year ending 12/2021. While expenses have increased by 0.5% 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 BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS IN ACCORDANCE WITH THE PLAN DOCUMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Zac Cassidy
Trustee - Chairman
$0
Roger Moore
Trustee
$0
Justin Mcintosh
Trustee
$0
William Barrow
Trustee
$0
James Boylan
Trustee
$0
Jonathan Borden
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cigna
Medical Provider
$115,069
National Employee Benefits Administrator
Third Party Administrator
$147,220
National Employee Benefits Administrator
Third Party Administrator
$147,220
Cigna
Medical Provider
$115,069
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$10,489,584
Investment income $26,396
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,484
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,579,683

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