IBEW Local 126 Benefits
Legal name: International Brotherhood of Electrical Workers-126 Health & Welfare Plan
Nonprofit profile at a glance
- EIN
- 236395223
- IRS 990 coverage
- 2016–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Collegeville, PA, USA
- Phone
- 6104891185
- Rating confidence
- Limited
- Sector
- Voluntary Employees Beneficiary Associations (Non-Government)
Reported finances
- Revenue
- $82,412,610
- Expenses
- $53,226,065
- Assets
- $197,782,664
- Liabilities
- $739,312
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Highest reported compensation
- JEFFERY SCARPELLO (EMPLOYER TRUSTEE): $723,574 total reported compensation
- RICHARD MUTTIK (UNION TRUSTEE): $348,642 total reported compensation
- CHRISTOPHER WENTZEL (UNION TRUSTEE): $293,782 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2025
To provides hospitalization, surgical, medical, dental, vision, prescription drug, death, accidental death and dismemberment, and weekly disability benefits to eligible members (and dependents) of international brotherhood of electrical workers local union no. 126.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 60
- Accountability: 53
- Sustainability: 85
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 7th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 35.4%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 3.72; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 18.7% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 3 of 6 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $724K · 6 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 10 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Independent voting board scored 50/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.