Small Public Charity

IBEW LOCAL 701 NEEDY MEMBERS FUND

IBEW LOCAL 701 NEEDY MEMBERS FUND is a nonprofit organization categorized as Small Public Charity based in WARRENVILLE, IL. Its most recent IRS filing (2025) reports revenue of $85K, expenses of $33K, total assets of $341K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $52K.

EIN: 262623050 WARRENVILLE, IL Human Service Organizations NTEE: P20 Latest filing: 2025
Total Revenue$85K
Total Expenses$33K
Total Assets$341K
Grant Records2
Funding Total$52K
Filing Years2021–2025

Mission

THE PURPOSE OF THE IBEW LOCAL 701 NEEDY MEMBERS FUND IS TO ESTABLISH, MAINTAIN AND ADMINISTER A FUND WHICH WILL PROVIDE FINANCIAL ASSISTANCE TO IBEW ELECTRICAL WORKERS AND THEIR FAMILIES IN TIMES OF NEED BROUGHT ABOUT BY MEDICAL OR PERSONAL MISFORTUNES.

Where $100 goes at IBEW Local 701 Needy Members Fund

How IBEW Local 701 Needy Members Fund divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.

$98 Programs the work itself
$2 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $98 for programs

$98
The organization provides financial assistance to ibew electrical workers and their families in times of need brought about by medical or personal misfortunes
All program spending
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Source: Form 990-EZ 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

FORMER PRESIDENT Anthony Giunti
TREASURER Brian Benson
PRESIDENT Frank Gravina
SECRETARY John Roti

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$51,567 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $85K $33K $341K
2024 $80K $28K $314K
2023 $17K $28K $245K
2022 $64K $9K $248K
2021 $47K $16K $193K

Between 2021 and 2025, reported annual revenue grew from $47K to $85K (+83%), with total assets most recently reported at $341K.

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

See the full picture for IBEW LOCAL 701 NEEDY MEMBERS FUND

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