NonprofitsI B E W Local 98 Health & Welfare Fund

I B E W Local 98 Health & Welfare Fund

PHILADELPHIA, PA

Total revenue

$97.5M

Total expenses

$85.2M

Net assets

$212.3M

Grants received

EIN

232082042

Tax year

2024

Mission

To provide 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 no. 98.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$90.0M
Investment income$7.4M
Other revenue
Total revenue$97.5M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.6M
Total expenses$85.2M
Total assets$214.2M
Net assets$212.3M

People

9 listed

NameRoleCompensation

JEFF SCARPELLO

EMPLOYER TRUSTEE

Board

1 hrs/wk

MARK LYNCH

UNION TRUSTEE (P)

Board

1 hrs/wk

JAMES FOY

UNION TRUSTEE

Board

1 hrs/wk

MICHAEL KANE

UNION TRUSTEE

Board

1 hrs/wk

JEFF NAGLE

UNION TRUSTEE

Board

1 hrs/wk

SHAWN FOY

UNION TRUSTEE

Board

1 hrs/wk

SHAWN DUFF

EMPLOYER TRUSTEE

Board

1 hrs/wk

KEN MEYERS

EMPLOYER TRUSTEE

Board

1 hrs/wk

DOUG SMITH

EMPLOYER TRUSTEE

Board

1 hrs/wk

Independent contractors

FRANK M VACCARO & ASSOCIATES INC

ADMINSTRATION SERVICES

$771K

CHARTWELL INVESTMENT PARTNERS

INVESTMENT MANAGEMENT

$131K

Details

EIN232082042
Subsection09
Ruling date1979-01
Formed1953
Employees0
Volunteers0
I B E W LOCAL 98 HEALTH & WELFARE FUND — Mission, Financials & Grants Received | Grantivo