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 tax deductible.
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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:
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Official website here: www.jibei.org
Where can I find the form 990 for Electrical Employers Self Insurance Safety Plan?
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.
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Impact
October, 2024
The Electrical Employers Self Insurance Safety Plan (EESISP) plays a crucial role in enhancing workplace safety and providing essential benefits for electrical contractors and their employees. By collecting and investing funds from electrical contractors, the EESISP ensures that members of Local Union No. 3 of the International Brotherhood of Electrical Workers benefit from statutory and collectively bargained workers' compensation and disability benefits.
This structured plan not only serves as a financial safety net for workers who may face injuries or disabilities on the job but also fosters a proactive approach to safety in the electrical industry. As a result, it contributes to minimizing workplace incidents by encouraging compliance with safety standards and implementing best practices. The focus on mutual benefit promotes an environment where both employers and employees are invested in creating safe working conditions.
Overall, the EESISP has a significant positive impact on the well-being of workers, offering them protection and support while simultaneously enhancing the overall safety culture within the electrical contracting sector.
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.
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: $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
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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
Phone
(718) 591-2000Principal Officer
Humberto J Restrepo
Main Address
158-11 Harry Van Arsdale Jr Avenue, Flushing, NY, 11365
Website
www.jibei.orgNTEE Category
Code: Y40 - Mutual benefit
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