NonprofitsIbew Local Union No 347 Health & Welfare Fund

Ibew Local Union No 347 Health & Welfare Fund

TROY, MI

Total revenue

$43.3M

Total expenses

$36.2M

Net assets

$48.6M

Grants received

EIN

237091121

Tax year

2024

Mission

The plan and trust were established to provide medical, dental, short-term disability benefits, prescriptions, and death benefits to qualified participants and dependents in the central iowa electrical industry. The plan is a collectively bargained, multiemployer plan.

Programs

1 program

To provide death benefits to the beneficiaries of deceased qualified plan participants.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$38.7M
Investment income$4.5M
Other revenue$61K
Total revenue$43.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.1M
Total expenses$36.2M
Total assets$89.9M
Net assets$48.6M

People

10 listed

NameRoleCompensation

ANGELA BOWERSOX

TRUSTEE&SECR

Board

2 hrs/wk

JIM DAVIS

TRUSTEE

Board

2 hrs/wk

MATT DEANGELO

TRUSTEE

Board

2 hrs/wk

SHANNAN GARZA

ALTERNATE TR

Board

2 hrs/wk

JOHN IRVING

TRUSTEE

Board

2 hrs/wk

JAMIE KNUTSON

ALTERNATE TR

Board

2 hrs/wk

DAVID REID

TRUSTEE & CH

Board

2 hrs/wk

BILL SCHAFF

TRUSTEE

Board

2 hrs/wk

MATTHEW WARNER

TRUSTEE

Board

2 hrs/wk

DOUGLAS WOLF

TRUSTEE

Board

2 hrs/wk

Details

EIN237091121
Subsection09
Ruling date1972-03
Formed1953
Employees99
IBEW LOCAL UNION NO 347 HEALTH & WELFARE FUND — Mission, Financials & Grants Received | Grantivo