Electrical Industry Board Of Nassau And Suffolk Counties New York

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111704823 ✦ Hauppauge, NY ✦ Designated as a 501(c)(5)

Overview

What is Electrical Industry Board Of Nassau And Suffolk Counties New York?

The Electrical Industry Board of Nassau and Suffolk Counties New York is a nonprofit organization situated at 372 Vanderbilt Motor Parkway, Hauppauge, New York, with a workforce of 12 individuals. Their primary role includes administering the Collective Bargaining Agreement (CBA) between the Long Island Chapter of the National Electrical Contractors Association (LI NECA) and Local Union 25, IBEW (Local 25). They oversee the Multi-Employer Benefit Funds as per the CBA. Furthermore, they perform promotional, marketing, research, and other functions on behalf of LI NECA and Local 25.


Official website here: www.eibofli.com

Is Electrical Industry Board Of Nassau And Suffolk Counties New York legitimate?

Electrical Industry Board Of Nassau And Suffolk Counties New York is a legitimate nonprofit organization registered as a 501(c)(5) entity. Electrical Industry Board Of Nassau And Suffolk Counties New York submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $279,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $754,451

For more financial information, click here


Official website here: www.eibofli.com

What is the mission statement of Electrical Industry Board Of Nassau And Suffolk Counties New York?

The Electrical Industry Board of Nassau and Suffolk Counties New York is responsible for overseeing the Collective Bargaining Agreement (CBA) between the Long Island Chapter of the National Electrical Contractors Associations (LI NECA) and Local Union 25 of the International Brotherhood of Electrical Workers (IBEW). The board's primary role is to administer this agreement and the multi-employer benefit funds associated with it. Beyond this, the board performs promotional, marketing, research, and other functions on behalf of LI NECA and Local 25. The board's mission is to effectively manage the CBA and the funds to ensure the smooth functioning of the electrical industry in the region. Its work benefits both the electrical contractors and the union workers by maintaining a productive and fair working environment. The board also contributes to the overall growth and development of the electrical industry in the area.


Official website here: www.eibofli.com

What is the revenue of Electrical Industry Board Of Nassau And Suffolk Counties New York?

Electrical Industry Board Of Nassau And Suffolk Counties New York's revenue in 2022 was $101,429,432.


Official website here: www.eibofli.com

Who are the executives of Electrical Industry Board Of Nassau And Suffolk Counties New York and what are their salaries?

The average compensation at Electrical Industry Board Of Nassau And Suffolk Counties New York during 2022 was $86,132. There are 12 employees at Electrical Industry Board Of Nassau And Suffolk Counties New York.

Here are 7 key members and their salaries:

    Rosa Arreaga-Negron (Executive Director Of The Board)
  • Compensation: $200,513
  • Related: $0
  • Other: $78,624

    • Kevin Casey (Co-Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Guadagno (Voting Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Callahan (Voting Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Pascale (Voting Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kurt Feldmann (Voting Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Sanchez (Co-Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.eibofli.com

    Where can I find the form 990 for Electrical Industry Board Of Nassau And Suffolk Counties New York?

    The Electrical Industry Board Of Nassau And Suffolk Counties New York’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.eibofli.com

    Learn more at the official website: www.eibofli.com

    Mission Statement of Electrical Industry Board Of Nassau And Suffolk Counties New York

    The Electrical Industry Board of Nassau and Suffolk Counties New York is a vital organization dedicated to administering the Collective Bargaining Agreement (CBA) between the Long Island Chapter of the National Electrical Contractors Associations (LI NECA) and Local Union 25, International Brotherhood of Electrical Workers (IBEW), and overseeing the Multi-Employer Benefit Funds provided for in the agreement. The Board's mission lies in ensuring the effective implementation of the CBA and managing the Funds on behalf of both parties.

    Beyond its administrative responsibilities, the Electrical Industry Board of Nassau and Suffolk Counties New York carries out promotional, marketing, research, and other functions on behalf of LI NECA and Local 25. By fostering collaboration between the two entities, the Board contributes to the overall growth and success of the electrical industry in the region. Through its role in managing the CBA and Funds, the Electrical Industry Board of Nassau and Suffolk Counties New York plays a significant part in maintaining a stable and productive workforce, ensuring fair labor practices, and ultimately, contributing to the development and progress of the electrical industry in Nassau and Suffolk Counties.

    Impact

    This information is meant to be a general summary of Electrical Industry Board Of Nassau And Suffolk Counties New York. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Electrical Industry Board Of Nassau And Suffolk Counties in New York has a significant impact on the electrical industry in the region. It plays a crucial role in administering the collective bargaining agreement between the Long Island Chapter of the National Electrical Contractors Association (LI NECA) and Local Union 25, IBEW (Local 25). Additionally, the Board is responsible for managing the multi-employer benefit funds outlined in the agreement.

    By overseeing these key agreements and funds, the Board helps to maintain fair labor practices and ensure that both contractors and union workers are operating under mutually beneficial terms. Furthermore, the promotional, marketing, research, and other functions performed by the Board on behalf of LI NECA and Local 25 contribute to the overall growth and development of the electrical industry in Nassau and Suffolk Counties.

    Overall, the impact of the Electrical Industry Board Of Nassau And Suffolk Counties in New York extends beyond its administrative duties, ultimately benefiting both the industry stakeholders and the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,111
  • Program Service Revenue: $101,359,683
  • Gross Receipts: $101,429,432

    • Assets and Liabilities:
  • Total Assets: $5,148,022
  • Total Liabilities: $646,237
  • Net Assets: $4,501,785
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACTOR REVENUE

    Revenue

    $98,852,146

    OTHER CONTRACTOR REVENUES

    Revenue

    $302,525

    OTHER FUND REVENUE

    Revenue

    $2,205,012

    Organization Details

    Founding Year

    1950

    Main Address

    372 VANDERBILT MOTOR PARKWAY, HAUPPAUGE, NY, 11788

    NTEE Category

    Code: W02 - Public benefit

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