Ibew Local 481 Supplemental Unemployment Benefit Fund
Revenue
$2.3m
year to 31 December 2024
Expenses
$1.3m
year to 31 December 2024
Total assets
$9.4m
$204k liabilities
Net assets
$9.2m
assets less liabilities
Directors and trustees
10
5.9y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
3
named in Part VII
Ibew Local 481 Supplemental Unemployment Benefit Fund's network
10 people5 organisationsi10 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI; we list 10 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Adam Rude | Trustee | 2018 | 8 yrs |
| Andrew Williams | Trustee - Past | 2022 | 4 yrs |
| Brian Miller | Trustee | 2018 | 8 yrs |
| Chad Ison | Trustee | 2022 | 4 yrs |
| Jason Burcham | Alternate Trustee | 2020 | 6 yrs |
| Jeff Wheeler | Trustee | 2018 | 8 yrs |
| Kevin Schrader | Trustee - New | 2024 | 2 yrs |
| Larry Van Tries | Alternate Trustee | 2019 | 7 yrs |
| Mike Estep | Trustee - New/Past | 2024 | 2 yrs |
| Ryan Ballou | Trustee | 2020 | 6 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David Ray | Plan Administrator | since 2018 |
| Robert Cadwell | Former Plan Administrator | 2018 |
| Whitney King | Assistant Plan Administrator | since 2023 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Jeff Wheeler | Trustee | 1 | $0 | $124k | $72k |
| Adam Rude | Trustee | 1 | $0 | ||
| Brian Miller | Trustee | 1 | $0 | ||
| Andrew Williams | Trustee - Past | 1 | $0 | ||
| Larry van Tries | Alternate Trustee | 1 | $0 | ||
| Ryan Ballou | Trustee | 1 | $0 | $5k | $3k |
| Jason Burcham | Alternate Trustee | 1 | $0 | $117k | $70k |
| Chad Ison | Trustee | 1 | $0 | $6k | $3k |
| Mike Estep | Trustee - New/Past | 1 | $0 | ||
| Kevin Schrader | Trustee - New | 1 | $0 | ||
| David Ray | Plan Administrator | 4 | $0 | $155k | $79k |
| Whitney King | Assistant Plan Administrat | 16 | $0 | $130k | $77k |
About
- Legal name
- Ibew Local 481 Supplemental Unemployment Benefit Fund
- EIN
- 474203459
- Address
- 1828 N Meridian St Ste 103, Indianapolis, IN, 46202-1452
- State
- Indiana
- Mission
- Provide supplemental unemployment benefits (as filed on the Form 990)
- Activity (NTEE)
- Y43 Mutual and membership benefit
- IRS classification
- 501(c)09 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 7 (IRS master file code)
- Formed
- 2015
- Principal officer
- David Ray (as named on the Form 990)
- IRS ruling date
- 1 October 2015
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Related organisations (Schedule R)
RelatedFUND PROVIDES HEALTH BENEFITS TO PARTICIPANTS AND ELIGBLE DEPENDENTSElectrical Workers Benefit Trust FundRelatedLABOR UNIONIbew Local Union 481RelatedTRAINING FUNDIndianapolis Electrical Jatc
Longest observed on the filings
≥8years on the filingsAdam Rude
≥8years on the filingsBrian Miller
≥8years on the filingsJeff Wheeler
≥7years on the filingsLarry Van Tries
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $9.4m
- Total liabilities
- $204k
- Net assets or fund balances
- $9.2m
- Contributions and grants received
- $0
- Program service revenue
- $2m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $2.3m | $1.3m | $971k |
As filed on the IRS Form 990. US dollars.