International Brotherhood Of Elec Workers Health & Welfare Fund

Organization Overview

International Brotherhood Of Elec Workers Health & Welfare Fund is located in Mobile, AL. The organization was established in 1967. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brotherhood Of Elec Workers Health & 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 11/2023, International Brotherhood Of Elec Workers Health & Welfare Fund generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $4.7m during the year ending 11/2023. While expenses have increased by 3.6% 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

BENEFITS FOR PARTICIPANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HOSPITAL, SURGICAL, MEDICAL CARE AND DIAGNOSTICS BENEFITS FOR PARTICIPANTS


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Board, Officers & Key Employees

Name (title)Compensation
Dan Northrop
Trustee
$0
Donnie Doleac
Trustee
$0
Christopher Flowers
Trustee
$0
Donnie Peterson
Trustee
$0
Luke Newman
Trustee
$0
Andrew Varvoutis
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$4,383,972
Investment income $142,991
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 $4,526,963

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