Public Charity

IBEW 1158 WELFARE PLAN FUND

Based in CLIFTON, NJ, IBEW 1158 WELFARE PLAN FUND operates as a Public Charity. The organization reported $5.1M in revenue, $3.5M in expenses, $8.1M in total assets for fiscal year 2024.

EIN: 227051778 CLIFTON, NJ Latest filing: 2024
Total Revenue$5.1M
Total Expenses$3.5M
Total Assets$8.1M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE MEDICAL AND OTHER BENEFITS TO COVERED MEMBERS.

Where $100 goes at IBEW 1158 Welfare Plan Fund

How IBEW 1158 Welfare Plan Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
To provide medical and other benefits to approximately 4,225 covered members
All program spending · Reported in the filing: 4,225 members
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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 Chris Taylor
OFFICE MANAGER Christine Fawcett
TRUSTEE Debra Marvel
ADMINISTRATOR George Serio
ASSISTANT ADMINISTRATOR Joseph P Calabro
TRUSTEE Kc Jefferson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $5.1M $3.5M $8.1M
2023 $4.8M $3.6M $6.7M
2022 $4.5M $3.2M $5.4M
2020 $3.7M $3.1M $3.6M
2019 $3.6M $3.3M $3.0M

Between 2019 and 2024, reported annual revenue grew from $3.6M to $5.1M (+40%), with total assets most recently reported at $8.1M.

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

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