International Brotherhood Of Electrical Workers 915 Welfare Fun is located in Goodlettsville, TN. The organization was established in 0000. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brotherhood Of Electrical Workers 915 Welfare Fun 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 Brotherhood Of Electrical Workers 915 Welfare Fun generated $11.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $12.3m during the year ending 12/2021. While expenses have increased by 10.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH BENEFITS TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH BENEFIT COVERAGE PROVIDED ON BEHALF OF ELIGLIBLE MEMBERS OF LOCAL # 915
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randall King Chairman | OfficerTrustee | 10 | $0 |
Vance Anderson Secretary | OfficerTrustee | 10 | $0 |
Shawn Mcdonnell Trustee | Trustee | 10 | $0 |
Tony Grieco Trustee | Trustee | 10 | $0 |
Richard Padilla Trustee | Trustee | 10 | $0 |
Roberto Rosa Trustee | Trustee | 10 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
United Health Care Ppo Access | 12/30/21 | $428,781 |
Southern Benefit Administrators Contract Administration | 12/30/21 | $243,204 |
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 | $10,360,618 |
Investment income | $397,293 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $691,827 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,477,457 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $11,487,086 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $19,987 |
Fees for services: Accounting | $11,654 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $12,000 |
Fees for services: Other | $35,555 |
Advertising and promotion | $0 |
Office expenses | $17,901 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,063 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $11,373 |
All other expenses | $730 |
Total functional expenses | $12,271,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $294,363 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,049,541 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $16,383,865 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,727,769 |
Accounts payable and accrued expenses | $146,055 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $146,055 |
Net assets without donor restrictions | $17,581,714 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,727,769 |
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The Gulf Coast Carpenters And Millwright Health Trust Goodlettsville, TN | $68,909,377 | $33,780,534 |
Mississippi Bankers Voluntary Employees Beneficary Assn Trust Jackson, MS | $13,784,088 | $23,049,975 |
Southern States Police Benevolent Association Inc Mcdonough, GA | $14,043,615 | $16,142,933 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |
International Brotherhood Of Electrical Workers 915 Welfare Fun Goodlettsville, TN | $17,727,769 | $11,477,457 |
Alabama Farmers Federation Inc Montgomery, AL | $51,185,897 | $13,567,426 |
Plumbers & Pipefitters Local 562 Earth City, MO | $54,466,118 | $16,649,601 |
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Plumbers & Steamfitters Local Union 150 Health & Welfare Goodlettsville, TN | $6,353,856 | $10,517,997 |