Wisconsin Electrical Employees Benefits Funds Llc

Organization Overview

Wisconsin Electrical Employees Benefits Funds Llc, operating under the name Wis, is located in Madison, WI. 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. As of 12/2021, Wis employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wis 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, Wis generated $79.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $65.4m during the year ending 12/2021. While expenses have increased by 5.4% 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 BENEFITS TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

WISCONSIN ELECTRICAL EMPLOYEES HEALTH AND WELFARE PLAN PROVIDES MEDICAL, DENTAL, PRESCRIPTION DRUG, VISION, AND OTHER BENEFITS TO PLAN PARTICIPANTS AND THEIR DEPENDENTS AND BENEFICIARIES.


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Board, Officers & Key Employees

Name (title)Compensation
Bonnie Delap
Trust Admin
$159,921
Don Allen
Trustee
$0
Susan Blue
Trustee
$0
Sean Frank
Trustee
$0
Jim Eland II
Trustee
$0
Chris Gulbrandson
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anthem Blue Cross And Blue Shield
Preferred Provi
$1,801,228
Reinhart Boerner Van Dueren
Attorney
$293,759
Innovative Software Solutions Inc
Software
$216,298
Conifer Health Solutions
Consulting
$229,259
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$69,564,634
Investment income $3,283,224
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,863,022
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $79,820,433

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