Overview
What is The Erisa Industry Committee?
The Erisa Industry Committee, or ERIC, is a prominent nonprofit organization situated in Washington D.C. Their primary purpose is to act as a bridge between rule-makers and those who must comply with these rules, specifically focusing on health, retirement, paid leave, and compensation policies for large employers. ERIC advocates against employer taxes, mandates, and compliance burdens, while advocating for policies that enable employers to provide benefits effectively, efficiently, and uniformly to their employees across the nation. Representing the perspective of large employer plan sponsors, ERIC is the only national association that exclusively advocates for this group on these public policies at the federal, state, and local levels. With a dedicated workforce of 10 individuals, ERIC fights against state and local mandates on employer benefit plans regulated by federal ERISA law in litigation, as well.
Official website here: www.eric.org
Is The Erisa Industry Committee legitimate?
The Erisa Industry Committee is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Erisa Industry Committee 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: $1,025,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,166,546
For more financial information, click here
Official website here: www.eric.org
What is the mission statement of The Erisa Industry Committee?
The Erisa Industry Committee, established to represent large employer plan sponsors, aims to promote and advance their common interests and welfare in the areas of employee benefits, specifically health, retirement, paid leave, and compensation. Operating at the federal, state, and local levels, this organization exclusively advocates for large employer plan sponsors in public policies related to these sectors. Their mission is to ensure these employers have a strong voice in shaping policies that impact their employee benefit plans.
Official website here: www.eric.org
Who is the CEO of The Erisa Industry Committee?
Annette Guarisco Fildes is the CEO of The Erisa Industry Committee The CEO's salary of The Erisa Industry Committee is $358,750 and their total compensation is $411,112.
Official website here: www.eric.org
What is the revenue of The Erisa Industry Committee?
The Erisa Industry Committee's revenue in 2023 was $4,210,345.
Official website here: www.eric.org
Who are the executives of The Erisa Industry Committee and what are their salaries?
The average compensation at The Erisa Industry Committee during 2023 was $243,608. There are 9 employees and 22 volunteers at The Erisa Industry Committee.
Here are 28 key members and their salaries (The Erisa Industry Committee's CEO's salary is $358,750 and their total compensation is $411,112):
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- Compensation: $218,958
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- Compensation: $123,208
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- Other: $18,806
Official website here: www.eric.org
Where can I find the form 990 for The Erisa Industry Committee?
The Erisa Industry Committee's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eric.org
Learn more at the official website: www.eric.org
Mission Statement of The Erisa Industry Committee
The Erisa Industry Committee, abbreviated as ERIC, was established with a mission to advocate for the common interests and welfare of large employers who sponsor and manage employee benefit plans. This organization represents solely the perspective of large plan sponsors and focuses on promoting beneficial public policies related to health, retirement, paid leave, and compensation at the federal, state, and local levels. ERIC serves as the only national association that exclusively advocates on behalf of large employer plan sponsors, aiming to influence policies that positively impact their respective employee benefit plans.
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Impact
October, 2024
The Erisa Industry Committee (ERIC) plays a crucial role in shaping the landscape of employee benefits by representing the interests of large employers within the complex regulatory environment of federal, state, and local governments. By serving as a bridge between policymakers and organizations that must comply with regulations, ERIC ensures that the unique needs and challenges of large employers are communicated effectively.
ERIC actively fights against employer taxes, mandates, and compliance burdens that can hinder the ability to offer competitive and effective benefits. This advocacy is particularly important as it helps to streamline the benefits process, enabling employers to provide health, retirement, paid leave, and compensation plans that are uniformly accessible to employees across the nation. Moreover, ERIC is involved in litigation to protect its members against state and local mandates that could complicate or conflict with federal ERISA law.
By focusing solely on large employer plan sponsors, ERIC drives policies that promote the common interests of its corporate members, allowing them to navigate the regulatory landscape with greater ease and efficiency. The organization's commitment to advocating for effective public policies not only enhances the welfare of employees but also supports the overall health and competitiveness of large employers in the marketplace. Through its actions, ERIC significantly influences how employee benefits are structured and delivered, benefiting both employers and their workforces.
This information is meant to be a general summary of The Erisa Industry Committee. 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 2023.
- Investment Income: $25,029
- Program Service Revenue: $3,325,850
- Gross Receipts: $4,210,345
Assets and Liabilities:
- Total Assets: $3,704,153
- Total Liabilities: $2,183,451
- Net Assets: $1,520,702
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,972,100
STRATEGIC PARTNERSHIP
Revenue
$353,750
Organization Details
Founding Year
1976
Principal Officer
James Gelfand
Website
www.eric.orgNTEE Category
Code: S40 - Community improvement
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