Nonprofit · EIN 23-1613860
IBEW-654 HEALTH AND WELFARE FUND
Tax-exempt · MOUNT LAUREL, NJ 08054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $12,316,677 | $9,539,234 | $2,777,443 | $32,245,848 | $200,662 | $32,045,186 |
| December 31, 2024 | 990 | $11,137,940 | $9,186,612 | $1,951,328 | $28,626,460 | $71,426 | $28,555,034 |
| December 31, 2023 | 990 | $10,729,284 | $8,948,621 | $1,780,663 | $25,577,089 | $43,057 | $25,534,032 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,549,830
- Investment income
- $1,766,803
- Net gain from sales of assets
- $882,607
- Other revenue
- $44
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $9,160,170
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,225
- Accounting fees
- $20,752
Balance sheet and other
- Total assets, start of year
- $28,626,460
- Total assets, end of year
- $32,245,848
- Total liabilities, end of year
- $200,662
- Net assets, end of year
- $32,045,186
- Publicly traded securities
- $24,545,070
- Gross receipts
- $67,980,768
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1961
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY SCARPELLO ESQ | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $597,052 | $126,522 |
| PAUL MULLEN | UNION TRUSTEE Trustee or director | 1 | $0 | $187,533 | $125,203 |
| WILLIAM ADAMS | UNION TRUSTEE Trustee or director | 1 | $0 | $161,486 | $115,882 |
| AARON KELLEY | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $149,960 | $9,171 |
| ED COLLISON | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MACDONALD | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER SCHIELER | UNION TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY SCARPELLO ESQ | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $586,338 | $121,971 |
| PAUL MULLEN | UNION TRUSTEE Trustee or director | 1 | $0 | $160,456 | $122,418 |
| WILLIAM ADAMS | UNION TRUSTEE Trustee or director | 1 | $0 | $138,329 | $113,289 |
| KEVIN MCDEVITT | UNION TRUSTEE (P) Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MACDONALD | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL HENRY | UNION TRUSTEE (P) Trustee or director | 1 | $0 | $0 | $0 |
| ED COLLISON | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AARON KELLEY | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER SCHIELER | UNION TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY SCARPELLO ESQ | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $538,019 | $124,218 |
| PAUL MULLEN | UNION TRUSTEE Trustee or director | 1 | $0 | $138,175 | $119,327 |
| WILLIAM ADAMS | UNION TRUSTEE Trustee or director | 1 | $0 | $119,050 | $110,543 |
| THOMAS MOORE | MANAGEMENT TRUSTEE (P) Trustee or director | 1 | $0 | $146,188 | $28,642 |
| KEVIN MCDEVITT | UNION TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MACDONALD | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL HENRY | UNION TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ED COLLISON | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AARON KELLEY | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 27 ROLAND AVE STE 200, MOUNT LAUREL, NJ 08054-1038
- In care of
- % FRANK M VACCARO & ASSOC
- Principal officer (990 for 2025)
- WILLIAM ADAMS, 3729 CHICHESTER AVENUE, BOOTHWYN, PA 190613135
- Signed the 990
- WILLIAM ADAMS, TRUSTEE
- Phone
- (856) 773-0868
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
TO PROVIDE LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT, HOSPITALIZATION, MEDICAL-SURGICAL, MAJOR MEDICAL AND DENTAL BENEFITS TO MEMBERS.
Program accomplishments
- TO PROVIDE LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT, HOSPITALIZATION, MEDICAL-SURGICAL, MAJOR MEDICAL AND DENTAL BENEFITS TO MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1613860
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $32,245,848
- Income (IRS master file)
- $67,980,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $12,316,677 | $9,539,234 | $32,245,848 | XML |
| 990 | December 2024 | $11,137,940 | $9,186,612 | $28,626,460 | XML |
| 990 | December 2023 | $10,729,284 | $8,948,621 | $25,577,089 | XML |
| 990 | December 2022 | $9,175,735 | $8,131,984 | $22,589,379 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1613860).
Questions about IBEW-654 HEALTH AND WELFARE FUND
- What is the EIN of IBEW-654 HEALTH AND WELFARE FUND?
- The employer identification number (EIN) of IBEW-654 HEALTH AND WELFARE FUND is 23-1613860.
- Is IBEW-654 HEALTH AND WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1963.
- Are donations to IBEW-654 HEALTH AND WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IBEW-654 HEALTH AND WELFARE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IBEW-654 HEALTH AND WELFARE FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IBEW-654 HEALTH AND WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IBEW-654 HEALTH AND WELFARE FUND?
- The 990 for the year ended December 31, 2025 names WILLIAM ADAMS.
- Who are the officers and directors of IBEW-654 HEALTH AND WELFARE FUND?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does IBEW-654 HEALTH AND WELFARE FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $12,316,677, expenses of $9,539,234 and total assets of $32,245,848 at year end.
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