Public Charity

HEALTH & WELFARE FUND LOCAL 456 IBEW C/O IE SHAFFER & CO

Based in WEST TRENTON, NJ, HEALTH & WELFARE FUND LOCAL 456 IBEW C/O IE SHAFFER & CO operates as a Public Charity. The organization reported $29.5M in revenue, $25.3M in expenses, $80.2M in total assets for fiscal year 2024.

EIN: 222317253 WEST TRENTON, NJ Latest filing: 2024
Total Revenue$29.5M
Total Expenses$25.3M
Total Assets$80.2M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS.

Where $100 goes at Health & Welfare Fund Local 456 IBEW C/O Ie Shaffer & Co

How Health & Welfare Fund Local 456 IBEW C/O Ie Shaffer & Co divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
To provide group health benefits for eligible participants
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Dennis F Cronin
TRUSTEE Harry C Alexander
TRUSTEE Jeffrey Shaute
TRUSTEE Kevin P Egan
TRUSTEE Michael G Mclaughlin
TRUSTEE Terrance Craig

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $29.5M $25.3M $80.2M
2023 $25.2M $23.0M $74.9M
2022 $21.5M $27.7M $66.8M
2020 $26.1M $20.4M $85.8M
2019 $24.6M $23.5M $75.7M

Between 2019 and 2024, reported annual revenue grew from $24.6M to $29.5M (+20%), with total assets most recently reported at $80.2M.

Interactive year-over-year charts and full filing details available with membership.

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