Cause IQ organization profile

Health and Welfare Trust Fund Local 103 IBEW

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Health and Welfare Trust Fund Local 103 IBEW is a health finance organization based in Boston, MA that was founded in 1953. As of 2019 they had $164 million in revenue and $420 million in assets.

The Health benefit plan provides for accident, hospital, medical, pharmaceutical, surgical, dental, disability, and death benefits for eligible members and their families, as specified in the plan.

Previous legal names or variations of their name include: Electrical Workers Health And Welfare Fund Local 103 Ibew.

EIN:
04-6063733
City:
State:
Website:
Founded:
1953
Type:
501(c)(9)
NTEE:
Revenue:
$164,573,542
Assets:
$420,279,849
Employees:
25
Fiscal year end:
November
Revenue trends:
Asset trends:

Program areas at Health and Welfare Trust Fund Local 103 IBEW

The Health benefit plan provides for accident, hospital, medical, pharmaceutical, surgical, dental, disability, and death benefits for eligible members and their families, as specified in the plan.

Form 990s for Health and Welfare Trust Fund Local 103 IBEW

Fiscal year endingDate received by IRSFormPDF link
2019-11Sep 15, 2020990View PDF
2018-11Sep 13, 2019990View PDF
2017-11Oct 16, 2018990View PDF
2016-11Oct 18, 2017990OView PDF
2015-11Oct 19, 2016990OView PDF
...and six more Form 990 PDFs

Financials for Health and Welfare Trust Fund Local 103 IBEW

Field2019
Total grants, contributions, etc.$0
Program services$150,368,555
Investment income and dividends$7,406,318
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,974,669
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,824,000
Total revenues$164,573,542

Vendors for Health and Welfare Trust Fund Local 103 IBEW

VendorServicesAmount paidDate
WordPressContent management system software2020-09-28
█████ ███ ██████████ ███Tax accounting2020-09-15
████ █████ ████ ██████Health Claims Administration$2,474,2452019-11-01
█████ ██████Health Care Administration$330,4442019-11-01
██████ ██████ ███ ██ ██Investment Management$256,2052019-11-01
██████ ████████ █████████Health Care Administration$211,7822019-11-01
██████ ██████████Health Care Administration$262,8622019-11-01

Personnel at Health and Welfare Trust Fund Local 103 IBEW

NameTitleCompensationMost recent data
Michael P DonovanFund Administrator$77,502Sept. 15, 2020
Joshua WoodAccounting Manager$27,420Nov. 30, 2019
███████ ███████Fund Administrator$75,816Nov. 30, 2019

Peer health care financing and insurance organizations

 NameTypeRevenueLocation
1American Maritime Officers Medical Plan501(c)(9)$49 millionDania Beach, FL
2California Schools Benefits Trust501(c)(9)$61 millionSan Diego, CA
3Wisconsin Counties Association Group Health Trust501(c)(9)$355 millionMadison, WI
4Pavers and Roadbuilders DC Welfare Fund501(c)(9)$58 millionWhitestone, NY
5American Water Works and Its Designated Subsidiary Affiliated Group Insurance Fund501(c)(9)$115 millionCamden, NJ
6Jeff-Lewis Et Al SCH Emp HC Plan501(c)(9)$76 millionClayton, NY
7New England Health Care Employees Welfare Fund501(c)(9)$51 millionHartford, CT
8Carpenters Health and Welfare Fund of Philadelphia501(c)(9)$147 millionPhiladelphia, PA
9Sound Health & Wellness Trust501(c)(9)$306 millionBothell, WA
10Pipe Fitters Welfare Fund Local 597501(c)(9)$153 millionChicago, IL
11Southern Ohio Chamber Alliance Benefit Plan501(c)(9)$103 millionDayton, OH
12United Mine Workers of America 1993 Benefit Plan501(c)(9)$444 millionWashington, DC
13Board of Trustees Greater St Louis Construction Laborers Welfare Fund501(c)(9)$54 millionSt Louis, MO
14Painting Industry Insurance Fund501(c)(9)$108 millionNew York, NY
15Indiana Laborers Welfare Fund501(c)(9)$98 millionTerre Haute, IN
16Plumbers Local Union No 1 Welfare Fund501(c)(9)$91 millionLong Island City, NY
17Ohio Carpenters' Health Fund501(c)(9)$139 millionColumbus, OH
18International Operating Engineers Union 49 Health and Welfare Fund501(c)(9)$187 millionBloomington, MN
19Local 94 94A 94B Health and Benefit Trust Fund IUOE AFL-CIO501(c)(9)$156 millionNew York, NY
20Sheet Metal Workers Local 73 Welfare Fund501(c)(9)$57 millionHillside, IL
21Milwaukee Drivers Health and Welfare Trust Fund501(c)(9)$49 millionMilwaukee, WI
22Pipefitters Union Local No 537 Health and Welfare Fund501(c)(9)$43 millionDorchester, MA
23Johnson and Johnson Veba Trust501(c)(9)$760 millionQuincy, MA
24Massachusetts Mutual Agents Health Benefit Trust501(c)(9)$100 millionSpringfield, MA
25IUOE Local 4 Health & Welfare Plan501(c)(9)$59 millionMedway, MA