4th District Ibew Health Fund
93% goes to programs Strong reserves Growing revenue
4th District Ibew Health Fund is a 501(c)(9) organization based in Ona, West Virginia, registered in 1967, with $101,419,741 in FY2023 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
9200 Us Route 60, Ona, WV, 25545 EIN 31-6068797 Since 1967
Revenue (FY2023)
$101.4M
▲ 15.0% vs prior year
Membership median: $185K
Expenses (FY2023)
$83.8M
Net assets
$114.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For 4th District Ibew Health Fund: 93% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 4th District Ibew Health Fund: 16 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For 4th District Ibew Health Fund: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 4th District Ibew Health Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health and insurance benefits to members by payment of claims for health, accident, sickness, dental and life insurance for members and their dependents.
Contact & location
- Address
- 9200 Us Route 60, Ona, WV, 25545
- City
- Ona
- State
- West Virginia
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $52.4M (FY2013) to $101.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.8MNet assets $114.3M
Operating margin
17.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$118.1M
Total liabilities
$3.8M
Net assets
$114.3M
Salaries & benefits
$0
0% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $101,419,741▲15.0% | $83,771,560▲20.1% | $114,313,827▲29.3% | $118,105,890▲27.8% | 990 |
| 2022 | $88,205,041▲3.4% | $69,756,620▲0.7% | $88,393,159▲28.4% | $92,399,445▲29.9% | 990 |
| 2021 | $85,309,236▲3.7% | $69,267,574▼20.5% | $68,824,701▲14.3% | $71,153,074▲14.4% | 990 |
| 2020 | $82,305,035▲9.7% | $87,095,944▲8.4% | $60,230,051▼4.9% | $62,184,887▼3.8% | 990 |
| 2019 | $75,048,795▲0.2% | $80,316,154▲9.9% | $63,338,969▼4.5% | $64,671,464▼5.0% | 990 |
| 2018 | $74,862,370▲15.6% | $73,092,466▲18.0% | $66,343,297▲1.3% | $68,094,778▲1.9% | 990 |
| 2017 | $64,786,285▲17.9% | $61,955,718▲8.9% | $65,496,321▲4.2% | $66,824,427▲3.6% | 990 |
| 2016 | $54,968,132▲1.8% | $56,875,916▲4.0% | $62,851,461▼0.6% | $64,514,656▲0.2% | 990 |
| 2015 | $54,008,764▲1.3% | $54,688,682▲5.2% | $63,259,934▲2.8% | $64,372,881▲1.2% | 990 |
| 2014 | $53,311,269▲1.7% | $51,978,919▲10.0% | $61,534,106▼3.1% | $63,610,820▼9.9% | 990 |
| 2013 | $52,424,215 | $47,271,053 | $63,507,919 | $70,602,957 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bill Hamilton | Chairman Trustee | 1 | — |
| Chris Samples | Trustee | 1 | — |
| James Bane | Trustee | 1 | — |
| John Frantz | Trustee | 1 | — |
| Michael Haught | Trustee | 1 | — |
| Mike Dishon | Trustee | 1 | — |
| Shane Wolfe | Trustee | 1 | — |
| Ted Brady | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| American Benefit Corporation | Third Party Administrator | $2,531,374 |
| Highmark West Virginia | Claims Processing | $786,186 |
| American Health Holding | Pre-certifications | $529,184 |
| The Segal Company | Actuary | $452,983 |
| Community Insurance Co DBA Anthem | Claims Processing | $241,816 |
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Compare 4th District Ibew Health Fund
Frequently asked questions
- Is 4th District Ibew Health Fund a legitimate nonprofit?
- Yes. 4th District Ibew Health Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 31-6068797, based in Ona, West Virginia.
- What is 4th District Ibew Health Fund's EIN?
- 4th District Ibew Health Fund's Employer Identification Number (EIN) is 31-6068797.
- How much revenue does 4th District Ibew Health Fund report?
- 4th District Ibew Health Fund reported $101,419,741 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of 4th District Ibew Health Fund's spending goes to programs?
- 4th District Ibew Health Fund spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does 4th District Ibew Health Fund have?
- CharityIndex grades 4th District Ibew Health Fund A+, based on program efficiency and fundraising cost.
- How much does 4th District Ibew Health Fund's highest-paid employee make?
- The highest reported compensation on 4th District Ibew Health Fund's latest Form 990 is $0, paid to Bill Hamilton (Chairman Trustee).
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Data for 4th District Ibew Health Fund (EIN 31-6068797) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.