JOINT INDUSTRY BOARD HEALTH REIMBUR SEMENT ACCOUNT FUND: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
JOINT INDUSTRY BOARD HEALTH REIMBUR SEMENT ACCOUNT FUND (EIN 13-0891035)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-08-05
IRS object ID
202122219349300412
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-08-05T12:23:27-07:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN130891035EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJOINBusinessNameControlTxt
Phone7185912000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158-11 Harry Van Arsdale Jr AvenueAddressLine1Txt
CityFlushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11365ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDr Gerald FinkelPersonNm
Person TitleChairman, Joint Industry BoardPersonTitleTxt
Phone7185912000PhoneNum
Signature2021-08-04SignatureDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR GERALD FINKELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158-11 HARRY VAN ARSDALE JR AVENUEAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11365ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$110,352,091GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.JIBEI.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1943FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTo supervise and administer various benefit plans under collective bargaining agreements and the related agreements and working rules.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee335TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,752,378PYProgramServiceRevenueAmt
CY Program Service Revenue$2,127,617CYProgramServiceRevenueAmt
PY Investment Income$151,369PYInvestmentIncomeAmt
CY Investment Income$146,860CYInvestmentIncomeAmt
PY Other Revenue$48,374,144PYOtherRevenueAmt
CY Other Revenue$47,272,117CYOtherRevenueAmt
PY Total Revenue$51,277,891PYTotalRevenueAmt
CY Total Revenue$49,546,594CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$48,692,178PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$43,267,252CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,882,420PYOtherExpensesAmt
CY Other Expenses$8,375,592CYOtherExpensesAmt
PY Total Expenses$57,574,598PYTotalExpensesAmt
CY Total Expenses$51,642,844CYTotalExpensesAmt
PY Revenues Less Expenses-$6,296,707PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,096,250CYRevenuesLessExpensesAmt
Total Assets BOY$60,799,608TotalAssetsBOYAmt
Total Assets EOY$32,615,319TotalAssetsEOYAmt
Total Liabilities BOY$57,693,876TotalLiabilitiesBOYAmt
Total Liabilities EOY$31,136,428TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,105,732NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,478,891NetAssetsOrFundBalancesEOYAmt
MissionTo supervise and administer various benefit plans under the terms of the collective bargaining agreements and the related agreements and working rules. The Board also owns 100 percent of its subsidiaries, JIB Realty Corporation, JIB Services and JIB Catering Inc. JIB Realty owns and operates a shopping center facility in Queens, NY. JIB Catering was established to provide support for various approved events. JIB Services is a organization that employs all of the individuals working for JIB Medical, P.C. All employees of JIB Services are leased by JIB Medical. The Board is the sole member of JIB Services.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTo supervise and administer various benefit plans under the terms of the collective bargaining agreements and the related agreements and working rules.Desc
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$0TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee335EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Joint Industry Board of the Electrical IndustryBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7185912000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158-11 Harry Van Arsdale Jr AvenueAddressLine1Txt
CityFlushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11365ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Vito Mundo
Legal Counsel4035Yes (X)$344,674$0$0
Dr Michael Makover
Chief Medical Officer4040Yes (X)$344,535$0$0
Dr Gerald Finkel
Chairman4035$303,096$0$0Yes (X)
Robert Ball
Investment Director4035$285,509$0$0Yes (X)
Jean L'Allier
Director Electrical Employers Self Insurance Safety Plan4040$254,414$0$0Yes (X)
Scott Feldman
Director of Administration4035Yes (X)$254,154$0$0
Nicholas Papapietro
Investment Director4035$253,548$0$0Yes (X)
Rise Jacobs
Director of IT4035.00$243,667$0$0Yes (X)
Chris Sessa
Legal Counsel4035$233,736$0$0Yes (X)
Stephen Gianotti
Trustee11$0$0$0Yes (X)
Benjamin Arana
Trustee11$0$0$0Yes (X)
Robert Amabile
Trustee11$0$0$0Yes (X)
Steven Lazzaro
Trustee11$0$0$0Yes (X)
Hal Sokoloff
Trustee11$0$0$0Yes (X)
William Hofving
Trustee11$0$0$0Yes (X)
Vincent McElroen
Trustee11$0$0$0Yes (X)
Raymond Melville
Trustee11$0$0$0Yes (X)
Robert Olenick
Trustee11$0$0$0Yes (X)
Luis Restrepo
Trustee11$0$0$0Yes (X)
Anthony Falleo
Trustee11$0$0$0Yes (X)
Jospeh Santigate
Trustee11$0$0$0Yes (X)
Lance Van Arsdale
Trustee11$0$0$0Yes (X)
Ricardo Rollins
Trustee11$0$0$0Yes (X)
Sandra Milad-Gibson
Trustee11$0$0$0Yes (X)
Carol Kleinberg
Trustee11$0$0$0Yes (X)
James Bua
Trustee11$0$0$0Yes (X)
Ciro Lupo
Trustee11$0$0$0Yes (X)
Christopher Erikson
Trustee11$0$0$0Yes (X)
Eliott Hecht
Trustee11$0$0$0Yes (X)
John Mannino
Trustee11$0$0$0Yes (X)
David Wardell
Trustee11$0$0$0Yes (X)
Christopher Erikson Jr
Trustee11$0$0$0Yes (X)
Ben D'Alessandro
Trustee11$0$0$0Yes (X)
Kristine DeNapoli
Trustee11$0$0$0Yes (X)
Kevin Harrand
Trustee11$0$0$0Yes (X)
Thomas Cleary
Trustee11$0$0$0Yes (X)
Craig Gilston
Trustee11$0$0$0Yes (X)
David Parker
Trustee11$0$0$0Yes (X)
Anthony Mann
Trustee11$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,517,333TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K86IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEMPLOYERS' CONTRIBUTIONSDesc
Business230000BusinessCd
Total Revenue Column$2,127,617TotalRevenueColumnAmt
Related Or Exempt Func Income$2,127,617RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,127,617TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$144,785TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$144,785ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$60,807,572SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$60,805,497SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,075SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,075TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,075ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
NEBF SERVICE FEES AND OTHER INCOME230000$126,476$126,476$0$0
ADMINISTRATIVE AND RECORD-KEEPING230000$47,145,641$47,145,641$0$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$47,272,117OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$49,546,594TotalRevenueColumnAmt
Related Or Exempt Func Income$49,399,734RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$146,860ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,517,333TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$20,874,582TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,905,110TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,970,227TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$315,160TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,224,500TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$37,297TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,989,129TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,547,692TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,216,000TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$837,662TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$193,152TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$51,642,844TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,246,879BOYAmt
EOY$10,415,551EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$227,568BOYAmt
EOY$215,825EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,730,874LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,582,725LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,774,003BOYAmt
EOY$2,148,149EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$37,282,090BOYAmt
EOY$17,986,761EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,269,068BOYAmt
EOY$1,849,033EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$60,799,608BOYAmt
EOY$32,615,319EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,911,210BOYAmt
EOY$16,694,841EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$43,782,666BOYAmt
EOY$14,441,587EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$57,693,876BOYAmt
EOY$31,136,428EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,105,732BOYAmt
EOY$1,478,891EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,105,732BOYAmt
EOY$1,478,891EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$60,799,608BOYAmt
EOY$32,615,319EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,096,250ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$109,548NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$359,861OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Book Value$0BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$990,847InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$301,681DepreciationAmt
Book Value$689,166BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$2,596,856InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$1,569,721DepreciationAmt
Book Value$1,027,135BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,143,171InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$711,323DepreciationAmt
Book Value$431,848BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,148,149TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$1,796,997
ACCRUED INTEREST RECEIVABLE$48,385
OTHER ASSETS$3,651
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,849,033TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
UNALLOCATED CONTRIBUTIONS AND OTHER$10,302,510
DEFERRED COMPENSATION PAYABLE$322,500
COMPENSATED ABSENCES PAYABLE$1,110,614
DUE TO AFFILIATES$2,705,963
FieldValueIRS element (for citing)
Total Liability$14,441,587TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2FormAndLineReferenceDesc
ExplanationMANAGEMENT EVALUATED ALL OF THE BOARD'S TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT THE ENTITY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dr Gerald Finkel
Chairman$303,096$0$0$0$0$0$0$0$0$0$303,096$0$0$0
Vito Mundo
Legal Counsel$344,674$0$0$0$0$0$0$0$0$0$344,674$0$0$0
Dr Michael Makover
Chief Medical Officer$344,535$0$0$0$0$0$0$0$0$0$344,535$0$0$0
Jean L'Allier
Director Electrical Employers Self Insurance Safety Plan$254,414$0$0$0$0$0$0$0$0$0$254,414$0$0$0
Nicholas Papapietro
Investment Director$253,548$0$0$0$0$0$0$0$0$0$253,548$0$0$0
Robert Ball
Investment Director$285,509$0$0$0$0$0$0$0$0$0$285,509$0$0$0
Chris Sessa
Legal Counsel$233,736$0$0$0$0$0$0$0$0$0$233,736$0$0$0
Scott Feldman
Director of Administration$254,154$0$0$0$0$0$0$0$0$0$254,154$0$0$0
Rise Jacobs
Director of IT$243,667$0$0$0$0$0$0$0$0$0$243,667$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 4FormAndLineReferenceDesc
ExplanationSUBSEQUENT TO SEPTEMBER 30, 2008, THE BOARD ENACTED A TOP HAT SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR TWO KEY EXECUTIVES TO PROVIDE FUTURE RETIREMENT AND DEATH BENEFITS. THE SERP WAS TERMINATED DURING THE PLAN YEAR ENDED SEPTEMBER 30, 2011. THE BOARD AGREED TO REPLACE THIS PLAN BY MAKING CONTRIBUTIONS FOR THESE TWO KEY EXECUTIVES AS ALLOWED BY SECTION 457(B) OF THE IRC UNDER THE JIB ELIGIBLE DEFERRED COMPENSATION PLAN. THESE CONTRIBUTIONS, ALONG WITH ADDITIONAL DISCRETIONARY CONTRIBUTIONS MADE TO THE JIB EMPLOYEES' 401K PLAN, ARE INTENDED TO PROVIDE AN EQUIVILENT TO THOSE PREVIOUSLY OFFERED UNDER THE SERP. UNDER THE NEW FUNDING ARRANGEMENT, THE DEFERRED COMPENSATION PAYABLE AMOUNT AT SEPTEMBER 30, 2020 WAS $322,500.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bTHE BOARD'S TRUSTEES APPROVE ALL FINANCIAL STATEMENT INFORMATION INCLUDED IN THE FORM 990. (THE PLAN'S AUDITED SEPTEMBER 30, 2020 FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD OF TRUSTEES). IN ADDITION, THE PLAN'S TRUSTEES APPROVE ALL SIGNIFICANT TRANSACTIONS THAT IMPACT THE BOARD.
Form 990, Part VI, Section B, Line 12cJIB MANAGEMENT DISCUSSES WITH THE BOARD ITS FIDUCIARY RESPONSIBILITES INCLUDING FOLLOWING THE BOARD'S POLICIES.
Form 990, Part VI, Section C, Line 19THE PLAN MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO ALL ITS MEMBERS. THIS IS COMMUNICATED IN VARIOUS MANNERS (INTERNAL AND EXTERNAL WEBSITES, ETC).
Form 990, Part XI, Line 9THE BOARD'S FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS. THIS AMOUNT REPRESENTS THE OVERALL ACTIVITIES FOR JIB REALTY, JIB SERVICES AND JIB CATERING. THESE ENTITIES ARE 100% WHOLLY OWNED BY THE BOARD.
Form 990, Part XII, Line 2cTHE FINANCE COMMITTEE AVALUATED AND RECOMMENDED OUR INDEPENDENT ACCOUNTANTS TO THE BOARD.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1JIB Services LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158-11 Harry Van Arsdale Jr AvenueAddressLine1Txt
CityFlushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11365ZIPCd
FieldValueIRS element (for citing)
EIN464861345EIN
Primary ActivitiesIt is organization that employs all of the individuals working for JIB Medical, P.CPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Total Income-$496TotalIncomeAmt
End Of Year Assets$34,117EndOfYearAssetsAmt
Direct Controlling NAN/ADirectControllingNACd

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (24 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxtBusiness Name Line2DisregardedEntityName/BusinessNameLine2Txt
Dental Benefit Fund of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365112585905To provide dental benefits to eligible membersNY501(c)(9)N/A0
The Electrical Industry Group Life Fund
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365131884504ProvIde group term life insurance coverage for eligible members.NY501(c)(9)N/A0
Educational and Cultural Trust Fund of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365116035960Provide educational and cultural benefits to members of the electrical industryNY501(c)(5)N/AYes (1)
E and C Property Holdings 1
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365392068169To hold title to real estate used by the Educational and Cultural Trust FundNY501(c)(2)N/A0
E and C Property Holdings 2
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365271107280To hold title to real estate used by the Educational and Cultural Trust FundNY501(c)(2)N/A0
E and C Property Holdings South
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365800400043To hold title to real estate used by the Educational and Cultural Trust FundNY501(c)(2)N/A0
Additional Security Benefits Plan
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365112212659Provide additional security benefits to membersNY501(c)(9)N/A0
Pension Hospitalization and Benefits Plan of the Electrical Industry
158 11 Harry Van Arsdale Jr AvenueFlushingNY11365130891045Provide medical and other benefits to members of the electrical industryNY501(c)(9)N/A0
Dental Benefit Plan of the Elevator Industry
158-11 Harry Vam Arsdale Jr AvenueFlushingNY11365115219005Provide dental benefits to eligible membersNY501(c)(9)N/A0
Legal Services Plan of the Electrcial Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365112871178To provide legal services benefits to eligible membersNY501(c)(9)N/A0
Clothing and Tools Plan of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365113105790Provide clothing and tools reimbursement to eligible membersNY501(c)(5)N/A0
The Electrical Industry Scholarship Fund Inc
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365061687979Provide scholarships to eligible individualsNY501(c)(3)N/A0
Real Estate Fund
158-11 Harry Van arsdale Jr AvenueFlushingNY11365800580089Provide benefits to eligible membersNY501(c)(5)N/A0
Electrical Employers Self Insurance Safety Plan
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365510151311Provide workers' compensation and disability benefits to eligible membersNY501(c)(9)N/A0
Vacation Holiday Unemployement Plan of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365131853892Provide benefits to eligible membersNY501(c)(9)N/A0
Health Reimbursement Account of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365562489386Proivde additional benefits to eligible membersNY501(c)(9)N/A0
Employees Security Fund of the Electrical Products Industries
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365136100908Provide medical and other benefits to eligible members.NY501(c)(9)N/A0
Electrical Industry Apprentice Training Program
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365611735214To provide apprentice trianing for eligible membersNY501(c)(5)N/A0N/A
Annuity Plan of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365136123600To provide annuity benefits to eligible union membersNY401(a)N/A0N/A
Pension Hospitalization and Benefit Plan of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365136123601To provide pension benefits to eligible union membersNY401(a)N/A0N/APension Trust
Harry Van Arsdale Jr Memorial Association Inc
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365112803482Educate and promote educational activities for Harry Van ArsdaleNY501(c)(3)N/A0PC
Employees Securities Fund of the Electrical Products
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365136100907To provide pension benefits to eligible union membersNY401(a)N/A0N/AIndustries Pension Plan
Deferred Salary Plan of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365112656063To provide 401k and other benefits to eligible union membersNY401(a)N/A0N/A
Job Security Fund of the Electrical Industry
158-11 Harry Van Arsdale Jr AvenueFlushingNY11365364941184To provide job security to eligible members.NY501(c)(5)N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (8 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxtBusiness Name Line2OtherOrganizationName/BusinessNameLine2Txt
Pension Hospitalization and Benefits Plan of the Electrical Industry
m$0SEE LETTER L FOR DETAILS.
Pension Hospitalization and Benefit Plan of the Electrical Industry
l$47,145,641IT IS THE POLICY OF THE BOARD TO ALLOCATE CERTAIN ADMINISTRATIVE AND RECORD-KEEPING COSTS TO THE VARIOUS BENEFIT PLANS IT ADMINISTERS, IN ADDITION TO THE COST OF PAYROLL AND RELATED BENEFITS DIRECTLY ATTRIBUTABLE TO EACH PLAN. IN COMPUTING THE ALLOCATED COSTS, VARIOUS FACTORS WERE CONSIDERED INCLUDING THE VOLUME OF TRANSACTIONS RELATING TO EACH PLAN IN RELATION TO THE OTHER PLAN ADMINISTERED BY THE BOARD, THE TOTAL ASSETS OF THE PLANS AND TRANSACTIONS WITH AFFILIATES. ADMINISTRATIVE RECORD-KEEPING COSTS ARE BILLED TO THE AFFILIATED ENTITIES ON A MONTHLY BASIS. THE $47,145,641 REPRESENTS THE AMOUNTS RECEIVED AND EARNED BY THE BOARD FOR THE PERIOD OF OCTOBER 1, 2019 TO SEPTEMBER 30, 2020.Pension Trust
Educational and Cultural Trust Fund of the Electrical Industry
k$1,216,000THE PREMISES OCCUPIED BY THE BOARD ARE LEASED FROM THE E&C FUND. TOTAL RENT EXPENSE RECORDED IN THE BOARD'S 2019 FISCAL YEAR'S FINANCIAL STATEMENTS WAS $1,216,000.
Pension Hospitalization and Benefit Plan of the Electrical Industry
s$0SEE LETTER L FOR DETAILS.Pension Trust
Pension Hospitalization and Benefit Plan of the Electrical Industry
q$0SEE LETTER L FOR DETAILS.Pension Trust
Pension Hospitalization and Benefit Plan of the Electrical Industry
o$0SEE LETTER L FOR DETAILS.Pension Trust
Pension Hospitalization and Benefit Plan of the Electrical Industry
p$0SEE LETTER L FOR DETAILS.Pension Trust
Pension Hospitalization and Benefit Plan of the Electrical Industry
n$0SEE LETTER L FOR DETAILS.Pension Trust

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