Overview
What is Pension Comm Joint Industry Board Of The Electrical Industry?
The Pension Comm Joint Industry Board of the Electrical Industry is a nonprofit organization, established to extend medical and additional benefits to eligible members of the electrical industry. Based in Flushing, New York, the Board collects and invests funds contributed by electrical contractors under a three-year collective bargaining agreement between the participating employers and Local Union No 3 of the International Brotherhood of Electrical Contractors. This collaboration aims to provide essential benefits to its members.
Official website here: www.jibei.org
Is Pension Comm Joint Industry Board Of The Electrical Industry legitimate?
Pension Comm Joint Industry Board Of The Electrical Industry is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pension Comm Joint Industry Board Of The Electrical Industry 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jibei.org
What is the mission statement of Pension Comm Joint Industry Board Of The Electrical Industry?
The Pension Comm Joint Industry Board of the Electrical Industry focuses on providing medical and other benefits to eligible members of the electrical industry. They carry out this mission by collecting and investing funds from electrical contractors in accordance with a three-year collective bargaining agreement between the participating employers and Local Union No 3 of the International Brotherhood of Electrical Contractors. The primary objective of the Board is to administer these benefits under the agreed terms. By pooling resources, the organization ensures that members have access to essential benefits, enhancing their overall well-being within the electrical industry.
Official website here: www.jibei.org
Who is the CEO of Pension Comm Joint Industry Board Of The Electrical Industry?
Humberto Restrepo is the Trustee of Pension Comm Joint Industry Board Of The Electrical Industry.
Official website here: www.jibei.org
What is the revenue of Pension Comm Joint Industry Board Of The Electrical Industry?
Pension Comm Joint Industry Board Of The Electrical Industry's revenue in 2022 was $465,606,109.
Official website here: www.jibei.org
Who are the executives of Pension Comm Joint Industry Board Of The Electrical Industry and what are their salaries?
- Sandra Milad Gibson (Trustee)
- Thomas Capurso (Trustee)
- Lance Van Arsdale (Trustee)
- Christopher Erikson (Trustee)
- John G Marcato (Trustee)
- Thomas Cleary (Trustee)
- Christopher Erikson Jr (Trustee)
- Stephen Gianotti (Trustee)
- Andrew Drazic (Trustee)
- Joseph Santigate (Trustee)
- William Hofving (Trustee)
- Joseph Proscia (Trustee)
- Steven Lazzaro (Trustee)
- Richard Sobel (Trustee)
- Robert Amabile (Trustee)
- Kory Kleinberg (Trustee)
- Jerry Schauder (Trustee)
Official website here: www.jibei.org
Where can I find the form 990 for Pension Comm Joint Industry Board Of The Electrical Industry?
The Pension Comm Joint Industry Board Of The Electrical Industry’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.jibei.org
Learn more at the official website: www.jibei.org
Mission Statement of Pension Comm Joint Industry Board Of The Electrical Industry
The Pension Comm Joint Industry Board of the Electrical Industry is a nonprofit organization dedicated to providing medical and other benefits to eligible members of the electrical industry. The Board serves as a crucial intermediary between electrical contractors and Local Union No 3 of the International Brotherhood of Electrical Contractors, facilitating the collection and investment of funds for the provision of these benefits.
Under the terms of a collective bargaining agreement between participating employers and the union, the Pension Comm Joint Industry Board assumes the role of managing and administering the benefits program. This three-year agreement outlines the principles upon which the Board operates, with the primary focus being the delivery of medical and additional benefits to qualified individuals in the electrical industry.
By pooling resources from electrical contractors, the Pension Comm Joint Industry Board is able to provide a comprehensive benefits package to its members. The organization's mission is to ensure that the electrical industry workforce has access to essential healthcare and support services, enhancing their overall well-being and enabling them to maintain their professional commitments within the industry.
Impact
This information is meant to be a general summary of Pension Comm Joint Industry Board Of The Electrical Industry. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Pension Comm Joint Industry Board Of The Electrical Industry has a significant impact on the well-being of eligible members of the electrical industry by providing essential medical and other benefits. Its mission revolves around collecting and investing funds from electrical contractors to ensure that these benefits are available under the terms of a collective bargaining agreement with Local Union No 3 of the International Brotherhood of Electrical Contractors, AFL-CIO. This organization plays a crucial role in supporting the health and financial security of individuals within the electrical industry.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER'S CONTRIBUTIONS
Revenue
$439,658,095
OTHER CONTRIBUTIONS
Revenue
$15,547,982
AMOUNTS RECEIVED UNDER RECIPROCAL AGREEMENT
Revenue
$5,328,950
Organization Details
Founding Year
1946
Phone
(718) 591-2000
Principal Officer
Humberto Restrepo
Main Address
158-11 HARRY VAN ARSDALE JR AVENUE, FLUSHING, NY, 113653067
Website
www.jibei.org
NTEE Category
Code: Y40 - Mutual benefit
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