Ibew-Neca Sound And Communications Health And Welfare Tr

Organization Overview

Ibew-Neca Sound And Communications Health And Welfare Tr is located in San Jose, CA. The organization was established in 1990. 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. Ibew-Neca Sound And Communications Health And Welfare Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2022, Ibew-Neca Sound And Communications Health And Welfare Tr generated $69.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $64.8m during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

A HEALTH AND WELFARE PLAN TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A HEALTH AND WELFARE PLAN TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
United Administrative Services
Administration
$1,170,706
Smart Source Of Ca
Website Designer
$153,894
Miller Kaplan Arase Llp
Audit
$132,134
Anthem Blue Cross
Ppo Network Fees
$420,289
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$66,874,011
Investment income $2,277,047
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$191,738
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $69,033,979

Peer Organizations

Organization NameAssets
District Council 16 Northern California Health And Welfare Trus
Dublin, CA
$116,871,387
California Service Employees Health And Welfare Trust Fund
Brisbane, CA
$123,692,713
Laborers Vacation Trust Fund For Northern California
Pleasanton, CA
$117,309,739
Construction Laborers Vacation Trust For Southern California
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$111,654,217
Southern California Drug Benefit Fund
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$112,554,100
California Field Iron Worker Vacation Tr Fund
Pasadena, CA
$106,896,275
Carpenters Vacation Holiday & Sick Leave Trust Fund For Northern Cali
Oakland, CA
$104,851,171
Eighth District Electrical Benefit
Las Vegas, NV
$109,346,480
Afl Hotel & Restaurant Workers Health & Welfare Trust Fund
Honolulu, HI
$130,348,826
Stationary Engineers Welfare Fund
Dublin, CA
$116,895,427
Operating Engineers Union 3 Pensioned Health & Welfare Fund
Alameda, CA
$119,278,066
Santa Monica Unite Here Health Benefit Plan
Los Angeles, CA
$136,534,171
Smart Transportation Division Metropolitan Transportation Author
Irwindale, CA
$74,757,225
Sheet Metal Workers Welfare Plan Of Southern California Arizona Nevada
Manhattan Beach, CA
$96,574,935
Entertainment Industry Flex Plan
los angeles, CA
$82,840,295
Northern California Pipe Trades Health & Welfare Tr
concord, CA
$90,504,734
California Firefighters Benefit Trust
Los Angeles, CA
$3,961,744
East Bay Drayage Drivers Security
Walnut Creek, CA
$82,319,048
United Association Union Local No 290 Plumber & Steamfitter Industry
Tualatin, OR
$84,068,027
Teamsters Local 631 Security Fund
Las Vegas, NV
$95,992,199
Las Vegas Metropolitan Police Dept Employee Health & Welfare Trust
Las Vegas, NV
$66,413,952
Paid Holiday Plan
San Francisco, CA
$70,276,545
Ibew Local 332 Health & Welfare Trust Fund
San Jose, CA
$74,659,893
U A Local 393 Health & Welfare Tr
San Jose, CA
$69,622,779
Ibew-Neca Sound And Communications Health And Welfare Tr
San Jose, CA
$69,033,979

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