Ibew Local Union 269 Welfare And Supplemental Benefit Fund

Organization Overview

Ibew Local Union 269 Welfare And Supplemental Benefit Fund is located in West Trenton, NJ. The organization was established in 2001. 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 Local Union 269 Welfare And Supplemental Benefit Fund 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, Ibew Local Union 269 Welfare And Supplemental Benefit Fund generated $22.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $23.7m during the year ending 12/2021. While expenses have increased by 3.0% 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 GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Aldrich
Trustee
$0
Wayne Deangelo
Trustee
$0
Gino A Pasqualone
Trustee
$0
Michael Nielsen
Trustee
$0
Ronald Warr
Trustee
$0
Joseph Knecht Jr
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$22,309,242
Investment income $430,991
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 $22,740,233

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