Local 9 Ibew & Outside Contractors Supplemental Unemplymnt Benefit Fd

Organization Overview

Local 9 Ibew & Outside Contractors Supplemental Unemplymnt Benefit Fd is located in Tinley Park, IL. The organization was established in 2014. According to its NTEE Classification (Y24) the organization is classified as: Supplemental Unemployment Compensation, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 10/2021, Local 9 Ibew & Outside Contractors Supplemental Unemplymnt Benefit Fd employed 180 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 9 Ibew & Outside Contractors Supplemental Unemplymnt Benefit Fd is a 501(c)(17) and as such, is described as a "Supplemental Unemployment Benefit Trust" by the IRS.

For the year ending 10/2021, Local 9 Ibew & Outside Contractors Supplemental Unemplymnt Benefit Fd generated $125.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $156.4k during the year ending 10/2021. While expenses have increased by 7.9% per year over the past 6 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

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO MEMBERS OF IBEW LOCAL UNION NO. 9

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO MEMBERS OF IBEW LOCAL UNION NO. 9


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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$0
Investment income $124,439
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $575
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $125,014

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