NFP500

#136 of 500 · Member & Benefit Funds

Line Construction Benefit Fund

EIN 36-6066988 · IL · NTEE n/a · Form 990, fiscal 2023

A self-funded, self-administered Taft-Hartley health and welfare fund established in 1963. It provides medical, prescription drug, dental, vision, and behavioral health benefits to members of the International Brotherhood of Electrical Workers (IBEW) and National Electrical Contractors Association (NECA) working in the outside electrical construction industry, along with their families, across the United States. A joint labor-management board of trustees governs the fund.

Open the interactive profile

Financials, fiscal 2023

Revenue
$1.10B
Expenses
$1.00B
Total assets
$1.71B
Net assets
$1.70B
Operating margin
8.8%
1-year growth
0.6%
5-year growth (CAGR)
10.2%
Reserve (years of spending)
20.3
Contributions share
n/a
Programme spending
97.7%
Fundraising cost
n/a
Executive pay share
0.06%
Employees
94
Revenue per employee
$11.7M
Grants paid
n/a
Years filing
59

NFP Health Score: 78 / 100

Financial 60 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Providing you and your family with access to quality health and welfare benefits with best in class service.

Revenue history

YearRevenue
2019$745.0M
2020$883.3M
2021$1.01B
2022$1.09B
2023$1.10B