Legal Services Fund Of The Electrical Industry

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

EIN: 112871178 ✦ Flushing, NY ✦ Designated as a 501(c)(9)

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Overview

What is Legal Services Fund Of The Electrical Industry?

The Legal Services Fund of the Electrical Industry is a nonprofit organization situated in Flushing, New York. Its primary mission is to provide legal service benefits to eligible members of the electrical industry, as stipulated in their collective bargaining agreement and related agreements with Local Union No 3 of the IBEW, AFL-CIO and electrical contractors' associations and independent electrical contractors. The fund collects and invests funds received from electrical contractors to accomplish this mission.


Official website here: www.jibei.org

Is Legal Services Fund Of The Electrical Industry legitimate?

Legal Services Fund Of The Electrical Industry is a legitimate nonprofit organization registered as a 501(c)(9) entity. Legal Services Fund 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 tax deductible.


Heare 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 Legal Services Fund Of The Electrical Industry?

The Legal Services Fund of the Electrical Industry is dedicated to providing legal service benefits to eligible members of the electrical industry. This is achieved through the collection and investment of funds received from electrical contractors, in accordance with the collective bargaining agreement and the related Agreement and Working Rules between Local Union No 3 of the IBEW, AFL-CIO and the electrical contractors' associations and independent electrical contractors. The primary objective is to offer these legal services under the agreed terms, thereby offering support and protection to the eligible members in the electrical industry. The fund's activities are instrumental in ensuring that legal matters are managed effectively, thereby providing peace of mind to the members and facilitating their work within the industry.


Official website here: www.jibei.org

Who is the CEO of Legal Services Fund Of The Electrical Industry?

Humberto Restrepo is the Trustee of Legal Services Fund Of The Electrical Industry.


Official website here: www.jibei.org

What is the revenue of Legal Services Fund Of The Electrical Industry?

Legal Services Fund Of The Electrical Industry's revenue in 2022 was $459,131.


Official website here: www.jibei.org

Who are the executives of Legal Services Fund Of The Electrical Industry and what are their salaries?

There 6 volunteers at Legal Services Fund Of The Electrical Industry.


Here are 6 key members and their salaries:


Thomas Cleary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Saville (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mannino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Erikson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Denapoli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Erikson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jibei.org

Where can I find the form 990 for Legal Services Fund Of The Electrical Industry?

Legal Services Fund 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 Legal Services Fund Of The Electrical Industry

Legal Services Fund of the Electrical Industry, in essence, is committed to extending legal service benefits to eligible members of the electrical industry. This commitment is primarily facilitated through the collection and strategic investment of funds received from electrical contractors. The organization operates under the agreement between Local Union No 3 of the IBEW, AFL-CIO and the electrical contractors' associations and independent electrical contractors. The principal objective of Legal Services Fund of the Electrical Industry is to offer legal assistance to its eligible members, in accordance with the terms of this agreement.

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Impact




October, 2024

The Legal Services Fund Of The Electrical Industry significantly enhances the legal support available to eligible members of the electrical industry. By collecting and investing funds from electrical contractors, the organization ensures that members receive essential legal service benefits in accordance with collective bargaining agreements. This proactive approach helps to protect the rights and interests of workers within the industry, providing them with access to legal assistance when needed.

The Fund's operations contribute to the stability and security of workers by mitigating legal challenges that might arise in their profession. By fostering a collaborative relationship between local unions and electrical contractors, the organization plays a pivotal role in promoting mutual benefit and ensuring fair treatment for all its members. Overall, its impact is felt through increased legal protection, enhanced bargaining power, and a stronger sense of community within the electrical industry.




This information is meant to be a general summary of Legal Services Fund Of The Electrical Industry. 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.

Revenue
$459,131 (2022)
Expenses
$1,366,953 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $371,574
  • Program Service Revenue: $87,557
  • Gross Receipts: $2,307,800

Assets and Liabilities:

  • Total Assets: $6,913,547
  • Total Liabilities: $270,771
  • Net Assets: $6,642,776

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Programs

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

EMPLOYERS' CONTRIBUTIONS

Revenue

$87,557

Organization Details

Founding Year

1987

Principal Officer

Humberto Restrepo

Main Address

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

NTEE Category

Code: Y40 - Mutual benefit

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