IBEW 236 Benefit Funds

What IBEW 236 Benefit Funds does

IBEW 236 Benefit Funds is a private organization that administers health and pension benefits for members of IBEW Local 236, an electrical workers union local headquartered in Queensbury, New York. As a Taft-Hartley multi-employer benefit trust, the fund collects contributions from signatory employers under collective bargaining agreements and allocates those funds to provide health coverage and pension benefits to covered members and retirees. The organization employs between 11 and 50 staff, consistent with a small, locally-scoped benefits administration operation rather than a multi-local or national administrator. No public-facing product lineup, technology stack, or operational details were available — the organization's website (ibew236funds.org) returned only a loading/verification page during data collection, and no app, API, or digital member portal was disclosed. Revenue mechanics for benefit funds of this type are not market-priced: contribution rates are negotiated between the union and participating employers, the administrative budget is funded through those contributions, and pricing is not publicly disclosed. The firmographic profile (private, for_profit classification notwithstanding, US-based, single city) and absence of any disclosed strategic moves, partnerships, M&A, leadership changes, or funding events indicate a stable, narrow-scope operating entity rather than a growth-stage commercial venture.

Name

IBEW 236 Benefit Funds

Website

https://ibew236funds.org

Company type

Private

Headcount range

11–50 employees

Short description

IBEW 236 Benefit Funds administers health and pension benefits for members of IBEW Local 236, an electrical workers union local based in Queensbury, New York, operating as a Taft-Hartley multi-employer benefit trust.

Ownership category

akta.pro rank

Product category

Labor Union Benefits Administration

NAICS

Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199)

akta.pro primary industry

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)

Keywords

• Health benefit administration
• Pension benefit administration
• Union member benefits
• Retirement benefits management
• Employee benefits services

Headquarters

HQ city

Queensbury

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations

Core offering

IBEW 236 Benefit Funds manages health and pension benefits for IBEW Local 236 members. Its core activity is administering member health and pension benefits; no separate technology product, marketplace, or launch is identified in the available source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Health Benefits Health benefit management for IBEW Local 236 members.
• Pension Benefits Pension benefit management for IBEW Local 236 members.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• IBEW Local 1049 Benefit Funds: Another IBEW Local-level health and pension fund administering benefits for its own Local membership; comparable in scope, governance, and operating scale.
• National IBEW Pension Fund: The national multi-employer pension plan for IBEW members; directly comparable in benefit design and covered population, though materially larger and multi-Local rather than Local-specific.
• IBEW Local 43 Benefit Funds: A nearby IBEW Local-level Taft-Hartley fund administering health and pension benefits for electrical workers in the same regional footprint; same governance structure, same contributor population type, and same administrative scale.
• NECA-IBEW Family Medical Care Trust Fund: Joint NECA-IBEW health and welfare trust covering electrical contractors and their IBEW workforce; operates the same health-fund function for an overlapping IBEW population, typically at larger multi-Local scale.

Emerging players

• Maestro Health: Third-party benefit administrator offering self-funded plan administration, COBRA, and integrated benefits for mid-sized employers and Taft-Hartley-style funds; a modern TPA competitor for the fund's administration work.
• HealthEquity (WageWorks): Provider of consumer-directed benefit accounts (HSA, HRA, FSA) and integrated benefits administration; increasingly partners with or replaces in-house functions of small Taft-Hartley funds seeking modern benefit-account infrastructure.

Broad incumbents

• Ullico (Union Labor Life Insurance Company): Long-established union-affiliated insurance and investment firm providing group insurance, annuity, and benefit solutions to Taft-Hartley funds; comparable customer base though a much broader, national product portfolio.
• Building Trades National Benefit Alliance (U.S. BNA): Aggregator that pools purchasing across multiple building-trades benefit funds for stop-loss, claims administration, and other services; comparable served market and serves as a structural counterparty/administrator to Local Taft-Hartley funds.
• Central Pension Fund of the IUOE: Large, established Taft-Hartley pension fund for operating engineers; comparable benefit-administration and fiduciary role, serving a different but adjacent building-trades workforce.
• Laborers' International Union of North America Central Health and Welfare Fund: Multi-employer Taft-Hartley welfare fund for laborers; functionally equivalent health/welfare administrator in the building-trades space, though serving a different trade.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/ibew-236

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IBEW 236 Benefit Funds