International Brotherhood of Electrical Workers-126 Health & We
Only null% goes to programs Strong reserves Growing revenue
International Brotherhood of Electrical Workers-126 Health & We is a 501(c)(9) organization based in Collegeville, Pennsylvania, registered in 2016, with $61,279,343 in FY2023 revenue. CharityIndex grades it B.
3455 Germantown Pike, Collegeville, PA, 19426 EIN 23-6395223 Since 2016
Revenue (FY2023)
$61.3M
▲ 15.5% vs prior year
Membership median: $185K
Expenses (FY2023)
$42.2M
Net assets
$145.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for International Brotherhood of Electrical Workers-126 Health & We— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating41 mo reserves · +31% 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 International Brotherhood of Electrical Workers-126 Health & We: 41 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 International Brotherhood of Electrical Workers-126 Health & We: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 International Brotherhood of Electrical Workers-126 Health & We: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide hospitalization, surgical, medical, dental, vision, prescription drug, vacation, death, accidental death and dismemberment, and weekly disability benefits to eligible members (and dependents) of international brotherhood of electrical workers local union no. 126.
Contact & location
- Address
- 3455 Germantown Pike, Collegeville, PA, 19426
- City
- Collegeville
- State
- Pennsylvania
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.1M (FY2016) to $61.3M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $890KNet assets $145.4M
Operating margin
31.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$146.3M
Total liabilities
$890K
Net assets
$145.4M
Salaries & benefits
$635
0% of expenses
Board members
6
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $61,279,343▲15.5% | $42,158,328▲12.4% | $145,446,927▲17.8% | $146,336,785▲17.3% | 990 |
| 2022 | $53,075,493▼0.8% | $37,500,047▲6.2% | $123,444,043▲11.1% | $124,740,980▲11.4% | 990 |
| 2021 | $53,514,177▲1.8% | $35,316,032▲3.2% | $111,118,936▲21.7% | $111,996,780▲20.5% | 990 |
| 2020 | $52,566,183▲11.0% | $34,227,250▲23.5% | $91,287,018▲26.4% | $92,920,721▲25.6% | 990 |
| 2019 | $47,369,877▲8.1% | $27,709,483▲11.5% | $72,202,515▲40.9% | $73,962,765▲40.3% | 990 |
| 2018 | $43,801,804▲22.6% | $24,843,593▲4.9% | $51,260,982▲56.8% | $52,700,935▲56.2% | 990 |
| 2017 | $35,723,381▲18.6% | $23,685,542▲5.2% | $32,699,421▲59.1% | $33,737,923▲57.3% | 990 |
| 2016 | $30,130,089 | $22,508,015 | $20,558,161 | $21,442,830 | 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 |
|---|---|---|---|
| Christopher Wentzel | Union Trustee | 2 | — |
| Harry Miller III | Employer Trustee | 2 | — |
| Jeffery Scarpello | Employer Trustee | 2 | — |
| Patrick Casey | Union Trustee | 2 | — |
| Randy Roberts | Employer Trustee | 2 | — |
| Richard Muttik | Union Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Independence Administrators | Claims Adminstration | $1,125,382 |
| Morgan Stanley Smith Barney LLC | Investment Expenses | $195,865 |
| Principal Custody Solutions | Investment Expenses | $137,798 |
| Teladoc Inc | Insurance Consultants | $133,138 |
| Lacher & Associates Ins Agency Inc | Insurance Consultants | $120,200 |
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Frequently asked questions
- Is International Brotherhood of Electrical Workers-126 Health & We a legitimate nonprofit?
- Yes. International Brotherhood of Electrical Workers-126 Health & We is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-6395223, based in Collegeville, Pennsylvania.
- What is International Brotherhood of Electrical Workers-126 Health & We's EIN?
- International Brotherhood of Electrical Workers-126 Health & We's Employer Identification Number (EIN) is 23-6395223.
- How much revenue does International Brotherhood of Electrical Workers-126 Health & We report?
- International Brotherhood of Electrical Workers-126 Health & We reported $61,279,343 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does International Brotherhood of Electrical Workers-126 Health & We have?
- CharityIndex grades International Brotherhood of Electrical Workers-126 Health & We B, based on financial health (reserves and operating margin).
- How much does International Brotherhood of Electrical Workers-126 Health & We's highest-paid employee make?
- The highest reported compensation on International Brotherhood of Electrical Workers-126 Health & We's latest Form 990 is $0, paid to Christopher Wentzel (Union Trustee).
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Data for International Brotherhood of Electrical Workers-126 Health & We (EIN 23-6395223) 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.