Pension Comm Joint Industry Board Of The Electrical Industry

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

EIN: 130891045 ✦ Flushing, NY ✦ Designated as a 501(c)(9)

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?

Here are 17 key members and their salaries:

    Sandra Milad Gibson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Capurso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Van Arsdale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Erikson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John G Marcato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Cleary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Erikson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Gianotti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Drazic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Santigate (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hofving (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Proscia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Lazzaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Sobel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Amabile (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kory Kleinberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Schauder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • 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.

    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: $5,071,082
  • Program Service Revenue: $460,535,027
  • Gross Receipts: $962,239,528

    • Assets and Liabilities:
  • Total Assets: $368,981,107
  • Total Liabilities: $87,820,603
  • Net Assets: $281,160,504
  • 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

    Principal Officer

    Humberto Restrepo

    Main Address

    158-11 HARRY VAN ARSDALE JR AVENUE, FLUSHING, NY, 113653067

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Pension Comm Joint Industry Board Of The Electrical Industry and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.