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 tax deductible.
Heare 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
Who is the CEO of Electrical Industry Board Of Nassau And Suffolk Counties New York?
Unavailable
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:
- Compensation: $200,513
- Related: $0
- Other: $78,624
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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?
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.
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Impact
October, 2024
The Electrical Industry Board of Nassau and Suffolk Counties, New York, plays a crucial role in maintaining a stable and fair working environment within the electrical industry. By administering the collective bargaining agreement between the Long Island Chapter of the National Electrical Contractors Association (LI NECA) and Local Union 25 of the International Brotherhood of Electrical Workers (IBEW), the Board ensures that both employers and employees adhere to agreed-upon standards and practices.
This administration facilitates negotiations and resolves disputes, thereby fostering a collaborative relationship between contractors and union members. The Board also manages multi-employer benefit funds, which provide essential support for worker welfare, ensuring that electrical workers receive health, retirement, and other benefits that contribute to their financial security.
In addition to these functions, the Board engages in promotional and marketing efforts that enhance the visibility and reputation of the electrical trade, attracting new talent and promoting safe work practices. By conducting research and various outreach activities, the Board supports the growth and responsiveness of the electrical industry to changing market demands.
Overall, the impact of the Electrical Industry Board is significant in promoting worker rights, enhancing industry standards, and contributing to the overall economic development of Nassau and Suffolk Counties.
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.
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.
- 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
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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
Phone
(631) 434-3344Main Address
372 VANDERBILT MOTOR PARKWAY, HAUPPAUGE, NY, 11788
Website
www.eibofli.comNTEE Category
Code: W02 - Public benefit
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