IBEW LOCAL 176 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND
Pub 78

IBEW LOCAL 176 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND
Pub 78

Joliet, IL, US
501(c)(9)
EIN
36-3936888

IBEW LOCAL 176 SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND
Pub 78

Joliet, IL, US
501(c)(9)
EIN
36-3936888

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,094,929

Program Services
83%
Investments
17%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$2,236,204

Benefits to Members
91%
Salaries & Benefits
7%
Fees to Service Providers
2%
Other
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$3,547,263
$2,570,518
-28%
Membership Dues
$0
$0
-
Investments
$388,967
$524,411
+35%
Other
-$313,056
$0
-100%
Total Revenues
$3,623,174
$3,094,929
-15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$2,561,524
$2,027,434
-21%
Salaries & Benefits
$174,018
$147,906
-15%
Fees to Service Providers
$57,666
$51,086
-11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,342
$2,664
+14%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$758
$7,114
+839%
Total Expenses
$2,796,308
$2,236,204
-20%
Net income
2023
2024
Change
Net income
+$826,866
+$858,725
+4%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$2,796,308
$2,236,204
-20%
Income Statement
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