EIN 23-2082042

IBEW Local 98 Health and Welfare Plan Board of

Name: IBEW Local 98 Health and Welfare Plan Board of financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(9)

Num. employees

City

Philadelphia

State

Pennsylvania

Year formed

1953

Most recent tax filings

2023-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

IBEW Local 98 Health and Welfare Plan Board of provides Hospitalization, Surgical, Medical, Dental, Vision, Prescription Drug, Death, Accidental Death and Dismemberment, and Weekly Disability Benefits To Eligible Members (And Dependents) Of International Brotherhood Of Electrical Workers Local Union. The fund provides medical, hospital-surgical, life and accidental death & dismemberment, prescription, dental, vision and disability benefits for members and their dependents. It is located in Philadelphia, PA.

Related structure

IBEW Local 98 Health and Welfare Plan Board of is a subordinate organization under International Brotherhood of Electrical Workers - 98 Local Union.

Total revenues

$97,361,315

2023

Total expenses

$77,862,859

2023

Total assets

$197,949,555

2023

Num. employees

2023

Program areas at IBEW Local 98 Health and Welfare Plan Board of

The fund provides medical, hospital-surgical, life and accidental death & dismemberment, prescription, dental, vision and disability benefits for members and thier dependents.

Personnel at IBEW Local 98 Health and Welfare Plan Board of

Name	Title	Date of data
James Foy	Trustee	2023-11-01

Financials for IBEW Local 98 Health and Welfare Plan Board of

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$88,894,154	$85,948,273	3.4%
Investment income and dividends	$5,546,137	$4,383,698	26.5%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$2,921,024	$-470,333	721.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$97,361,315	$89,861,638	8.3%

Form 990s for IBEW Local 98 Health and Welfare Plan Board of

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-10-15	990	View PDF
2022-12	2023-11-01	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2021-11-15	990	View PDF
2019-12	2021-06-08	990	View PDF
...and 9 more Form 990s

Organizations like IBEW Local 98 Health and Welfare Plan Board of

Organization	Type	Location	Revenue
Western Pennsylvania Electrical Employees Insurance Trust Fund	501(c)(9)	Pittsburgh, PA	$61,482,459
The Procter and Gamble Retiree Benefit trust	501(c)(9)	Cincinnati, OH	$186,236,483
Local 522 Welfare Fund of New York and New Jersey	501(c)(9)	Brooklyn, NY	$29,661,994
Montana Contractors' Association Health Care Trust	501(c)(9)	Billings, MT	$37,637,065
Local 295 Ibt Employer Group Welfare Fund	501(c)(9)	New York, NY	$44,211,301
Stevedore Industry Committee Welfare Benefit Trust	501(c)(9)	Honolulu, HI	$37,046,014
Southwest Research Institute Voluntary Employees' Beneficiary Association	501(c)(9)	San Antonio, TX	$33,302,240
Sheet Metal Workers National Health Fund	501(c)(9)	Goodletsville, TN	$58,308,344
Group Health Program National Telecommunications Cooperative Association	501(c)(9)	Arlington, VA	$337,363,511
Oregon Homecare Workers Benefit Trust	501(c)(9)	Mukilteo, WA	$27,437,455

Data update history

January 23, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 23, 2024

Updated personnel

Identified 1 new personnel

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 17, 2023

Posted financials

Added Form 990 for fiscal year 2020

July 13, 2023

Used new vendors

Identified 13 new vendors, including , , , , , , , , , , , , and

Nonprofit Types

Fraternal societiesMutual assistance organizationsChapter / child organizations

Issues

No issues found

Characteristics

No full-time employees

General information

Address: 1719 Spring Garden St; Philadelphia, PA 19130
Metro area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County: Philadelphia County, PA
Website URL: ibew98.org/
Phone: (215) 599-6436

IRS details

EIN: 23-2082042
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1953
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary: 525120: Health and Welfare Funds
Parent/child status: Subordinate organization

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IBEW Local 98 Health and Welfare Plan Board of

Program areas at IBEW Local 98 Health and Welfare Plan Board of

Personnel at IBEW Local 98 Health and Welfare Plan Board of

Financials for IBEW Local 98 Health and Welfare Plan Board of

Form 990s for IBEW Local 98 Health and Welfare Plan Board of

Organizations like IBEW Local 98 Health and Welfare Plan Board of

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