Public Charity

IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN

Based in PHILADELPHIA, PA, IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLAN operates as a Public Charity. The organization reported $12.3M in revenue, $11.8M in expenses, $38.1M in total assets for fiscal year 2024.

EIN: 232959495 PHILADELPHIA, PA Labor Unions NTEE: J40 Latest filing: 2024
Total Revenue$12.3M
Total Expenses$11.8M
Total Assets$38.1M
Grant Records0
Filing Years2019–2024

Mission

THE FUND PROVIDES CERTAIN HEALTH INSURANCE PREMIUMS, LIFE, AD & D, VISION, DENTAL, PRESCRIPTION DRUG, AND HEALTH BENEFIT CLAIM PAYMENTS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 98.

Officers & Directors

UNION TRUSTEE James Foy
UNION TRUSTEE Jeff Krute
EMPLOYER TRUSTEE Jeffrey Scarpello
EMPLOYER TRUSTEE Kenneth Macdougall
UNION TRUSTEE Mark Lynch
EMPLOYER TRUSTEE (P) Michael Gitlin

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $12.3M $11.8M $38.1M
2023 $12.4M $11.3M $37.0M
2022 $10.9M $11.1M $34.8M
2020 $10.3M $9.8M $36.7M
2019 $12.2M $10.0M $35.5M

Between 2019 and 2024, reported annual revenue held roughly steady at around $12.3M, with total assets most recently reported at $38.1M.

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

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