Mission
PROVIDES HEALTH AND ACCIDENT INSURANCE COVERAGE, DISABILITY, DEATH, VISION, PRESCRIPTION AND DENTAL BENEFITS. THE PLAN COVERS UNION MEMBERS EMPLOYED UNDER THE TERMS OF A COLLECTIVE BARGAINING AGREEMENT.
Public Charity
IBEW-163 HEALTH & WELFARE FUND
Based in WEST TRENTON, NJ, IBEW-163 HEALTH & WELFARE FUND operates as a Public Charity. The organization reported $15.0M in revenue, $12.6M in expenses, $17.3M in total assets for fiscal year 2025.
EIN: 236390518
WEST TRENTON, NJ
Latest filing: 2025
Total Revenue$15.0M
Total Expenses$12.6M
Total Assets$17.3M
Grant Records0
Filing Years2021–2025
Where $100 goes at IBEW-163 Health & Welfare Fund
How IBEW-163 Health & Welfare Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$86
Programs
the work itself
$14
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 $86 for programs
$86
The plan provides health and accident insurance coverage, disability, death vision, prescription and dental benefits to eligible participants and their dependents
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
EMPLOYER TRUSTEE
Gregg Judd
UNION TRUSTEE
John Olejnik
EMPLOYER TRUSTEE
John Ondich
UNION TRUSTEE
Mark Gatusky
EMPLOYER TRUSTEE
Michael Burst
UNION TRUSTEE
Patrick Novakowski
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $15.0M | $12.6M | $17.3M |
| 2024 | $6.4M | $4.5M | $12.6M |
| 2023 | $6.6M | $4.7M | $10.5M |
| 2022 | $5.9M | $5.0M | $9.1M |
| 2021 | $4.6M | $4.8M | $8.2M |
Between 2021 and 2025, reported annual revenue grew from $4.6M to $15.0M (+224%), with total assets most recently reported at $17.3M.
Interactive year-over-year charts and full filing details available with membership.