Public Charity

JOB SECURITY FUND OF THE ELECTRICIAN INDUSTRY

JOB SECURITY FUND OF THE ELECTRICIAN INDUSTRY is a nonprofit organization categorized as Public Charity based in Flushing, NY. Its most recent IRS filing (2024) reports revenue of $8.1M, expenses of $16.3M, total assets of $65.7M.

EIN: 364941184 Flushing, NY Labor Unions NTEE: J40 Latest filing: 2024
Total Revenue$8.1M
Total Expenses$16.3M
Total Assets$65.7M
Grant Records0
Filing Years2019–2024

Mission

The Job Security Fund of the Electrical industry (the Fund) was established on May 2, 2019, pursuant to the Agreement and Working Rules (Collective Bargaining Agreement) 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 Participating Employers). Under the terms of the Collective Bargaining Agreements, The Joint Industry Board of the Electrical Industry (the Board) administers the Fund. The Board on behalf of the Fund collects employer contributions designated for the Benefit and Wage Plan, the Job Targeting Fund and the Employment Plan. The Participating Employers contribute different amounts (based on the Collective Bargaining Agreements) of their weekly standard gross wages.

Officers & Directors

Trustee Ben D'alessandro
Trustee Christopher Erikson
Trustee John Mannino
Trustee Joseph Santigate
Trustee Kristine Denapoli
Trustee Robert Amabile

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $8.1M $16.3M $65.7M
2023 $19.4M $11.3M $73.5M
2022 $23.4M $10.5M $66.1M
2020 $18.9M $7.8M $46.9M
2019 $15.9M $7.5M $40.3M

Between 2019 and 2024, reported annual revenue declined from $15.9M to $8.1M (-49%), with total assets most recently reported at $65.7M.

Interactive year-over-year charts and full filing details available with membership.

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