NonprofitsHealth & Welfare Fund Local 456 Ib

Health & Welfare Fund Local 456 Ib

TRENTON, NJ

Total revenue

$29.5M

Total expenses

$25.3M

Net assets

$76.5M

Grants received

EIN

222317253

Tax year

2024

Mission

To provide group health benefits for eligible participants.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$22.9M
Investment income$5.0M
Other revenue$1.6M
Total revenue$29.5M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$869K
Total expenses$25.3M
Total assets$80.2M
Net assets$76.5M

People

6 listed

NameRoleCompensation

HARRY C ALEXANDER

TRUSTEE

Board

1 hrs/wk

TERRANCE CRAIG

TRUSTEE

Board

1 hrs/wk

JEFFREY SHAUTE

TRUSTEE

Board

1 hrs/wk

MICHAEL G MCLAUGHLIN

TRUSTEE

Board

1 hrs/wk

DENNIS F CRONIN

TRUSTEE

Board

1 hrs/wk

KEVIN P EGAN

TRUSTEE

Board

1 hrs/wk

Independent contractors

IE SHAFFER & CO

THIRD PARTY ADMINISTRATOR

$519K

AETNA LIFE INSURANCE CO

ADMINISTRATIVE FEES

$335K

CAPITAL RX INC

ADMINISTRATIVE FEES

$217K

VANGUARD INSTITUTIONAL INVESTOR SERVICES

INVESTMENT ADVISORY

$110K

Details

EIN222317253
Subsection08
Ruling date1982-05
Formed1980
Employees61
Volunteers0
HEALTH & WELFARE FUND LOCAL 456 IB — Mission, Financials & Grants Received | Grantivo