Electrical Employers Self Insurance Safety Plan

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

EIN: 510151311 ✦ Flushing, NY ✦ Designated as a 501(c)(9)

Overview

What is Electrical Employers Self Insurance Safety Plan?

The Electrical Employers Self Insurance Safety Plan is a nonprofit organization dedicated to providing workers' compensation and disability benefits for members of Local Union No. 3 of the International Brotherhood of Electrical Workers AFL-CIO. Based in Flushing, New York, the Plan collects and invests funds from electrical contractors to ensure statutory and collectively bargained coverage for its members. This essential organization serves to protect and support electrical workers in New York, ensuring they receive the necessary benefits in times of injury or disability.


Official website here: www.jibei.org

Is Electrical Employers Self Insurance Safety Plan legitimate?

Electrical Employers Self Insurance Safety Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Employers Self Insurance Safety Plan 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 Electrical Employers Self Insurance Safety Plan?

The Electrical Employers Self Insurance Safety Plan is dedicated to delivering statutory and collectively bargained workers' compensation and disability benefits to members of a specific local union. Their primary objective is to ensure the financial security and wellbeing of the union members in case of work-related injuries or disabilities. By collecting and investing funds from electrical contractors, the Plan provides essential financial support during challenging times, enabling the members to focus on recovery rather than financial concerns. The organization's mission aligns with the importance of maintaining the workforce's overall health and stability, thereby contributing to a stronger and more productive community.


Official website here: www.jibei.org

Who is the CEO of Electrical Employers Self Insurance Safety Plan?

Humberto J Restrepo is the Secretary of Electrical Employers Self Insurance Safety Plan.


Official website here: www.jibei.org

What is the revenue of Electrical Employers Self Insurance Safety Plan?

Electrical Employers Self Insurance Safety Plan's revenue in 2022 was $95,594,996.


Official website here: www.jibei.org

Who are the executives of Electrical Employers Self Insurance Safety Plan and what are their salaries?

Here are 18 key members and their salaries:

    Joseph Barbaro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Gianotti (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristine Denapoli (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean L'Allier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ciro J Lupo (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Parag Kapadia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Anthony E Mann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jody Garofolo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herb Rocchi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hal Sokoloff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Rostowsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Samilenko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Dardis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Pascale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.jibei.org

    Where can I find the form 990 for Electrical Employers Self Insurance Safety Plan?

    The Electrical Employers Self Insurance Safety Plan’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 Electrical Employers Self Insurance Safety Plan

    The Electrical Employers Self Insurance Safety Plan, often referred to as EESIS, is a mission-driven organization dedicated to delivering statutory and collectively bargained workers' compensation and disability benefits to members of Local Union No. 3 of the International Brotherhood of Electrical Workers AFL-CIO (Local 3). The Plan plays a vital role in safeguarding the well-being of electrical workers under Local 3 by collecting and pooling funds from affiliated electrical contractors. This collective effort enables EESIS to offer essential workers' compensation and disability coverage that members can rely on in times of need.

    By providing these crucial benefits, the Electrical Employers Self Insurance Safety Plan ensures that electrical workers are protected against potential injuries and financial hardships arising from workplace accidents. In doing so, the organization enhances the overall safety and well-being of the electrical industry workforce, ultimately contributing to a more secure and productive work environment for all involved. By fulfilling its mission, EESIS fosters peace of mind and confidence among Local 3 members, enabling them to focus on their craft and advance their careers with the knowledge that they are backed by a robust and reliable benefits system.

    Impact

    This information is meant to be a general summary of Electrical Employers Self Insurance Safety Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of Electrical Employers Self Insurance Safety Plan is primarily focused on providing statutory and collectively bargained workers' compensation and disability benefits to members of Local Union No. 3 of the International Brotherhood of Electrical Workers AFL-CIO. By collecting and investing funds from electrical contractors, the Plan ensures that these benefits are available to support workers in times of need. This not only helps in safeguarding the well-being of workers but also contributes to maintaining a sense of security and support within the electrical industry. The Plan plays a crucial role in promoting safety and protection for workers, ultimately enhancing the overall stability and welfare of its members.





    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: $10,432,243
  • Program Service Revenue: $85,162,753
  • Gross Receipts: $622,743,653

    • Assets and Liabilities:
  • Total Assets: $300,793,770
  • Total Liabilities: $62,808,407
  • Net Assets: $237,985,363
  • Programs

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

    EMPLOYERS' CONTRIBUTIONS

    Revenue

    $81,382,649

    Organization Details

    Founding Year

    1964

    Principal Officer

    Humberto J Restrepo

    Main Address

    158-11 Harry Van Arsdale Jr Avenue, Flushing, NY, 11365

    NTEE Category

    Code: Y40 - Mutual benefit

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