Public Charity

LOCAL 351 IBEW HEALTH AND WELFARE FUND CO IE SHAFFER & CO

LOCAL 351 IBEW HEALTH AND WELFARE FUND CO IE SHAFFER & CO, of WEST TRENTON, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $48.9M in revenue, $50.6M in expenses, $21.8M in total assets.

EIN: 223235800 WEST TRENTON, NJ Latest filing: 2025
Total Revenue$48.9M
Total Expenses$50.6M
Total Assets$21.8M
Grant Records0
Filing Years2020–2025

Mission

PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS

Where $100 goes at Local 351 IBEW Health and Welfare Fund Co Ie Shaffer & Co

How Local 351 IBEW Health and Welfare Fund Co Ie Shaffer & Co divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 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 $98 for programs

$98
Provide group health benefits for eligible participants
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Daniel Cosner
Trustee Jeffrey Houde
Trustee Joseph Knecht Jr
Trustee Ryck Signor
Trustee Steven Dimatteo
Trustee Thomas Peterson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $48.9M $50.6M $21.8M
2024 $42.8M $47.7M $23.6M
2023 $37.4M $38.5M $23.5M
2022 $33.3M $38.6M $24.4M
2020 $37.5M $33.4M $38.1M

Between 2020 and 2025, reported annual revenue grew from $37.5M to $48.9M (+30%), with total assets most recently reported at $21.8M.

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

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