Overview
What is Clothing & Tool Fund Of The Electrical Industry Tr?
The Clothing & Tool Fund of the Electrical Industry Tr is a nonprofit organization situated in Flushing, New York. Its primary mission is to offer financial assistance to members of the electrical industry who have experienced the loss or destruction of their work clothes and tools due to incidents like fire or theft. The fund collects and invests funds received from electrical contractors, following agreements between the International Brotherhood of Electrical Workers and the associated contractors and independent electricians. The objective is to provide reimbursement to eligible members, ensuring they can continue their work with minimal disruption.
Official website here: www.jibei.org
Is Clothing & Tool Fund Of The Electrical Industry Tr legitimate?
Clothing & Tool Fund Of The Electrical Industry Tr is a legitimate nonprofit organization registered as a 501(c)(5) entity. Clothing & Tool Fund Of The Electrical Industry Tr 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.
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For more financial information, click here
Official website here: www.jibei.org
What is the mission statement of Clothing & Tool Fund Of The Electrical Industry Tr?
The Clothing & Tool Fund of the Electrical Industry TR's primary objective is to gather funds from electrical contractors. These funds are later invested for the purpose of offering reimbursement to eligible members of the electrical industry who have experienced the loss or destruction of their clothing and tools at work sites due to incidents such as fire or theft. This reimbursement is provided under the terms of the collective bargaining agreement and the related Agreement and Working Rules between Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL CIO (Local 3) and the electrical contractors' associations and independent electrical contractors (the Employers). The fund serves as a safety net, ensuring financial assistance during challenging circumstances for individuals within the electrical industry.
Official website here: www.jibei.org
Who is the CEO of Clothing & Tool Fund Of The Electrical Industry Tr?
Humberto Restrepo is the Trustee of Clothing & Tool Fund Of The Electrical Industry Tr.
Official website here: www.jibei.org
What is the revenue of Clothing & Tool Fund Of The Electrical Industry Tr?
Clothing & Tool Fund Of The Electrical Industry Tr's revenue in 2022 was $36,600.
Official website here: www.jibei.org
Who are the executives of Clothing & Tool Fund Of The Electrical Industry Tr and what are their salaries?
There 28 volunteers at Clothing & Tool Fund Of The Electrical Industry Tr.
Here are 28 key members and their salaries:
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Official website here: www.jibei.org
Where can I find the form 990 for Clothing & Tool Fund Of The Electrical Industry Tr?
Clothing & Tool Fund Of The Electrical Industry Tr'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 Clothing & Tool Fund Of The Electrical Industry Tr
The Clothing & Tool Fund of the Electrical Industry TR is dedicated to its mission of collecting and investing funds from electrical contractors. This mission serves to reimburse eligible members of the electrical industry who have suffered the loss or destruction of their clothing and tools at their worksites due to unfortunate incidents such as fire or theft. The organization operates under the stipulations of the collective bargaining agreement and the related Agreement and Working Rules between Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL CIO (Local 3) and the electrical contractors' associations and independent electrical contractors, known as the Employers. In essence, the Clothing & Tool Fund of the Electrical Industry TR acts as a safety net for workers in the electrical industry, ensuring they are financially supported during difficult times.
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Impact
October, 2024
The Clothing & Tool Fund of the Electrical Industry Tr plays a pivotal role in supporting members of the electrical industry by providing financial relief for lost or destroyed clothing and tools at worksites due to fire or theft. By collecting and investing funds from electrical contractors, it ensures that eligible members can receive reimbursement, thereby mitigating the financial impact of such unfortunate incidents. This assistance not only helps workers replace essential tools and clothing, which are critical for their trade, but also fosters a sense of security and stability within the workforce. By reinforcing the collective bargaining agreements and working rules established between the union and employers, the fund strengthens the operational capacity of electrical contractors, ultimately contributing to a more resilient and dependable industry.
This information is meant to be a general summary of Clothing & Tool Fund Of The Electrical Industry Tr. 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: $16,093
- Program Service Revenue: $20,507
- Gross Receipts: $36,600
Assets and Liabilities:
- Total Assets: $1,047,316
- Total Liabilities: $39,803
- Net Assets: $1,007,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIBUTIONS
Revenue
$20,507
Organization Details
Founding Year
1992
Phone
(718) 591-2000Principal Officer
Humberto Restrepo
Main Address
158-11 Harry Van Arsdale Jr Avenue, Flushing, NY, 11365
Website
www.jibei.orgNTEE Category
Code: J40 - Employment
If you are a representative of Clothing & Tool Fund Of The Electrical Industry Tr 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.