Educational And Cultural Trust Fund Of The Electrical Industry

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

EIN: 116035960 ✦ Flushing, NY ✦ Designated as a 501(c)(5)

Overview

What is Educational And Cultural Trust Fund Of The Electrical Industry?

The Educational and Cultural Trust Fund of the Electrical Industry is a nonprofit organization situated at 158-11 Harry Van Arsdale Jr Avenue, Flushing, NY 11365. Its primary objective is to gather and invest funds contributed by electrical contractors, with the aim of delivering educational and cultural advantages to the members of Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO. Furthermore, the Fund maintains the Electrical Industry Center. In essence, it functions as a support system for the union members, focusing on their personal growth and cultural enrichment.


Official website here: www.jibei.com

Is Educational And Cultural Trust Fund Of The Electrical Industry legitimate?

Educational And Cultural Trust Fund Of The Electrical Industry is a legitimate nonprofit organization registered as a 501(c)(5) entity. Educational And Cultural Trust 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $492,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,554,435

For more financial information, click here


Official website here: www.jibei.com

What is the mission statement of Educational And Cultural Trust Fund Of The Electrical Industry?

The Educational and Cultural Trust Fund of the Electrical Industry focuses on collecting and investing funds from electrical contractors to provide educational and cultural benefits for members of Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO. The primary goal is to enhance the lives of union members through educational opportunities and cultural experiences. The Fund also maintains an Electrical Industry Center for the benefit of this community.


Official website here: www.jibei.com

Who is the CEO of Educational And Cultural Trust Fund Of The Electrical Industry?

Humberto Restrepo is the Chairman of Educational And Cultural Trust Fund Of The Electrical Industry.


Official website here: www.jibei.com

What is the revenue of Educational And Cultural Trust Fund Of The Electrical Industry?

Educational And Cultural Trust Fund Of The Electrical Industry's revenue in 2022 was $23,193,740.


Official website here: www.jibei.com

Who are the executives of Educational And Cultural Trust Fund Of The Electrical Industry and what are their salaries?

The average compensation at Educational And Cultural Trust Fund Of The Electrical Industry during 2022 was $33,562. There are 61 employees and 18 volunteers at Educational And Cultural Trust Fund Of The Electrical Industry.

Here are 20 key members and their salaries:

    Dr Gerald Finkel (Chairman)
  • Compensation: $0
  • Related: $304,722
  • Other: $0

    • Michael Yee (Director)
  • Compensation: $0
  • Related: $188,140
  • Other: $0

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

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

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

    • Kristine Denapoli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Andrea Addeo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Annette Diaz-Rivera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Lifton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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

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


  • Official website here: www.jibei.com

    Where can I find the form 990 for Educational And Cultural Trust Fund Of The Electrical Industry?

    The Educational And Cultural Trust Fund Of The Electrical Industry’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jibei.com

    Learn more at the official website: www.jibei.com

    Mission Statement of Educational And Cultural Trust Fund Of The Electrical Industry

    The Educational and Cultural Trust Fund of the Electrical Industry is a notable organization with a mission to collect and invest funds from electrical contractors. This mission is geared towards providing valuable educational and cultural benefits to the members of Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO. Additionally, the Fund is dedicated to maintaining the Electrical Industry Center.

    In essence, the Fund serves as a vital resource for the electrical industry community, focusing on the well-being and advancement of its members. Through the investment of funds received from electrical contractors, the organization is able to offer a range of educational and cultural opportunities that cater to the needs and interests of the Local Union No. 3 members. These benefits not only contribute to their professional growth but also enrich their overall experiences.

    Moreover, the Fund's role extends beyond just providing educational and cultural benefits. It is also tasked with maintaining the Electrical Industry Center, which acts as a central hub for the electrical industry community. This facility offers a conducive environment for members to engage in various activities, fostering a strong sense of camaraderie and shared learning experiences. Collectively, the Educational and Cultural Trust Fund of the Electrical Industry plays a pivotal role in supporting and empowering its members, ensuring they have access to resources that enable personal and professional growth.

    Impact

    This information is meant to be a general summary of Educational And Cultural Trust Fund 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 Educational And Cultural Trust Fund Of The Electrical Industry plays a crucial role in providing educational and cultural benefits to the members of Local Union No 3 of the International Brotherhood of Electrical Workers, AFL-CIO. By collecting and investing funds from electrical contractors, the Fund supports initiatives that enhance the knowledge and skills of individuals in the electrical industry. Additionally, the Fund contributes to the maintenance of the Electrical Industry Center, ensuring a conducive environment for learning and professional development. Through its activities, the Fund positively impacts the educational and cultural experiences of its members, ultimately fostering growth and excellence 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: $-302,458
  • Program Service Revenue: $23,392,461
  • Gross Receipts: $109,616,282

    • Assets and Liabilities:
  • Total Assets: $75,779,830
  • Total Liabilities: $14,949,772
  • Net Assets: $60,830,058
  • Programs

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

    EMPLOYER'S CONTRIBUTIONS

    Revenue

    $18,370,014

    Organization Details

    Founding Year

    1964

    Principal Officer

    Humberto Restrepo

    Main Address

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

    NTEE Category

    Code: B11 - Education

    If you are a representative of Educational And Cultural Trust Fund 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.