Ibew Local 6 Members Benevolent Fund
- Assets
- $158.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 27-0167536
Organization Overview
Ibew Local 6 Members Benevolent Fund is located in San Francisco, CA. The organization was established in 2009. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Local 6 Members Benevolent Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ibew Local 6 Members Benevolent Fund generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $21.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HOLD CHARITABLE EVENTS IN WHICH MONEY IS RAISED TO PROVIDE SOME FINANCIAL RELIEF TO MEMBERS OF INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, LOCAL 6 WHO BECOME INJURED ON THE JOB OR DISTRESSED WHILE WORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Doherty President | 1 | $0 | |
Tom Coleman Vice President | 1 | $0 | |
Nancy Finegan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,983 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24,000 |
| Total Revenue | $50,983 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,148 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6 |
| Other expenses | $1,186 |
| Total expenses | $21,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,541 |
| Other assets | $0 |
| Total assets | $158,122 |
| Total liabilities | $168 |
| Net assets or fund balances | $157,954 |