JOINT INDUSTRY BOARD HEALTH REIMBUR SEMENT ACCOUNT FUND: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- JOINT INDUSTRY BOARD HEALTH REIMBUR SEMENT ACCOUNT FUND (EIN 13-0891035)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-05
- IRS object ID
- 201302249349301300
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-05T10:38:32-07:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 130891035 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JOIN | NameControl |
| Phone | 7185912000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158-11 Harry Van Arsdale Jr Avenue | AddressLine1 |
| City | Flushing | City |
| State | NY | State |
| ZIP Code | 11365 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dr Gerald Finkel | Name |
| Title | Chairman, Joint Industry Board | Title |
| Phone | 7185912000 | Phone |
| Date Signed | 2013-08-05 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr Gerald Finkel | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158-11 Harry Van Arsdale Jr Avenue | AddressLine1 |
| City | Flushing | City |
| State | NY | State |
| ZIP Code | 11365 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 73400082 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.JIBEI.ORG | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1943 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | To supervise and administer various benefit plans under collective bargaining agreements and the related agreements and working rules. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 273 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9050578 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12488401 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 929047 | InvestmentIncomePriorYear |
| Investment Income Current Year | 673589 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 33420920 | OtherRevenuePriorYear |
| Other Revenue Current Year | 32325040 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 43400545 | TotalRevenuePriorYear |
| Total Revenue Current Year | 45487030 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 4203975 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 4208707 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26887197 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27880329 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7066859 | OtherExpensePriorYear |
| Other Expenses Current Year | 6842515 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38158031 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38931551 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5242514 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6555479 | RevenuesLessExpensesCY |
| Total Assets BOY | 70477890 | TotalAssetsBOY |
| Total Assets EOY | 80416359 | TotalAssetsEOY |
| Total Liabilities BOY | 26902240 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 29499282 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43575650 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50917077 | NetAssetsOrFundBalancesEOY |
| Mission Description | To 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 subsidiary, JIB Realty Corporation. JIB Realty owns and operates a shopping center facility in Queens, NY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4208707 | Expense |
| Grants | 0 | Grants |
| Revenue | 9969033 | Revenue |
| Description | The Board has an apprentice training program for eligible members. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 4208707 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 154 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 273 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joint Industry Board of the Electrical Industry | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7185912000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 158-11 Harry Van Arsdale Jr Avenue | AddressLine1 |
| City | Flushing | City |
| State | NY | State |
| ZIP Code | 11365 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Gina Addeo | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Robert Amabile | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Salvatore Caputo | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Thomas Carlucci | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Menachem Gal | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Stephen Gianotti | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Rudy Weissberg | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Richard Kleinknecht | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Steven Lazzaro | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Ciro Lupo | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Michael Mazzeo Jr | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| David Pinter | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| John Pinto | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| David I Samuels | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Gary Segal | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Benjamin Arana | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Christopher Erikson | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Ronald Bryan | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| William Hofving | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| John E Marchell | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Vincent McElroen | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Raymond Melville | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Robert Olenick | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Luis Restrepo | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Paul Ryan | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Jospeh Santigate | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Michael Whalen | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Lance Van Arsdale | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Elliot Hecht | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Austin Mc Cann | |||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||
| Vito Mundo | |||||||
| Legal Counsel | 4 | 298114 | 0 | 0 | X | ||
| Dr Gerald Finkel | |||||||
| Chairman | 40 | 251372 | 0 | 0 | X | ||
| Mark Chanzis | |||||||
| Director of Administration | 40 | 262040 | 0 | 0 | X | ||
| Jean L'Allier | |||||||
| Director Electrical Employers Self Insurance Safety Plan | 40 | 206482 | 0 | 0 | X | ||
| Nicholas Papapietro | |||||||
| Investment Director | 40 | 198464 | 0 | 0 | X | ||
| Steve Butman | |||||||
| Director of Information Technology | 40 | 194271 | 0 | 0 | X | ||
| Robert Ball | |||||||
| Investment Director | 40 | 205113 | 0 | 0 | X | ||
| Debbie Hallenback | |||||||
| Office of the Chairman | 40 | 185889 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1801745 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 31 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12488401 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12488401 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12488401 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 857757 | TotalRevenueColumn |
| Related Or Exempt Function Income | 857757 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27728884 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27913052 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -184168 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -184168 | TotalRevenueColumn |
| Related Or Exempt Function Income | -184168 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Administrative and record-keeping fees | 230000 | 31171955 | 31171955 | 0 | $0 |
| NEBF- service fee | 230000 | 41485 | 41485 | 0 | $0 |
| Other income | 230000 | 1111600 | 1111600 | 0 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 32325040 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 45487030 | TotalRevenueColumn |
| Related Or Exempt Function Income | 45487030 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4208707 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 811526 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27068803 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218255 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670021 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95677 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1009049 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1483406 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1157533 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147340 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 401411 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389176 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Pension and deferred compensation costs | 603959 |
| Misc and other expenses | 666688 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38931551 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28437048 | BOY |
| EOY | 14011871 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1028298 | BOY |
| EOY | 1312795 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3067532 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1980161 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1351250 | BOY |
| EOY | 1087371 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37927617 | BOY |
| EOY | 59204341 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1733677 | BOY |
| EOY | 4799981 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70477890 | BOY |
| EOY | 80416359 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1034237 | BOY |
| EOY | 578195 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14944258 | BOY |
| EOY | 17832163 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10923745 | BOY |
| EOY | 11088924 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26902240 | BOY |
| EOY | 29499282 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43575650 | BOY |
| EOY | 50917077 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43575650 | BOY |
| EOY | 50917077 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70477890 | BOY |
| EOY | 80416359 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6555479 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 785948 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Book Value | 0 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1863531 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 1380810 | Depreciation |
| Book Value | 482721 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 927302 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 446365 | Depreciation |
| Book Value | 480937 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 276699 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 152986 | Depreciation |
| Book Value | 123713 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1087371 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Accrued interest | 242719 |
| Other assets | 1261719 |
| Due from affiliates | 3295543 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4799981 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Unallocated contributions and other | $6,931,179 |
| Compensated absences payable | $1,208,287 |
| Deferred compensation payable | $85,000 |
| Due to affiliates | $2,864,458 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11088924 | TotalOfAmounts |
| Total Revenue | 45487030 | TotalRevenue |
| Total Expenses | 38931551 | TotalExpenses |
| Excess Or Deficit For Year | 6555479 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 785948 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $602,009 | OtherAmount |
| Total Adjustments | 1387957 | TotalAdjustments |
| Excess Or Deficit Per FS | 7943436 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 47866944 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 785948 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 785948 | RevenueNotRptdF990 |
| Revenue Subtotal | 47080996 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -1593966 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1593966 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 45487030 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39923508 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39923508 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -991957 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -991957 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38931551 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P04_S00_L02b | Schedule D, Part IV, Line 2b | The Board has segregated contributions designated for the Benefit Wage Delinquency Fund. The Participating Employers contribute different amounts (based on the agreements) of their weekly standard gross wages to the Delinquency Fund. The Delinquency Fund amounts are held by the Board to pay uncollectible employer and employee contribution receivables once approved by release. Accordingly the designated assets and its respective liability are disclosed under "benefit delinquency account" on the accompanying consolidated financial statements. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | Management evaluated all of the Board's tax positions for all open tax years and has concluded that the Board has taken no uncertain tax positions that require adjustment to the financial statements. Generally, the Board is no longer subject to income tax examinations by U.S. federal, state or local tax authorities for years before 2009, which is the standard statute of limitations look back period. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | This amount represents the overall activities for JIB Realty- 2012 fiscal year. The Board Sept 30, 2012 financial statements are on a consolidated basis. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | The $1,593,966 represents revenue earned by the Board's wholly owned subsidiary- JIB Realty Corporation. As a result- it was deducted from the overall revenue amounts reported since the JIB financial statements were on a consolidated basis. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | The $991,957 represents expenses recorded for the Board's wholly owned subsidiary- JIB Realty Corporation. We deducted these amounts since the Board's financial statements are reported on a consolidated basis. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vito Mundo | |||||||||||||
| 298114 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 298114 | 0 | 0 | 0 |
| Dr Gerald Finkel | |||||||||||||
| 251372 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251372 | 0 | 0 | 0 |
| Mark Chanzis | |||||||||||||
| 262040 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 262040 | 0 | 0 | 0 |
| Jean L'Allier | |||||||||||||
| 206482 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 206482 | 0 | 0 | 0 |
| Nicholas Papapietro | |||||||||||||
| 198464 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 198464 | 0 | 0 | 0 |
| Steve Butman | |||||||||||||
| 194271 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 194271 | 0 | 0 | 0 |
| Robert Ball | |||||||||||||
| 205113 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205113 | 0 | 0 | 0 |
| Debbie Hallenback | |||||||||||||
| 185889 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 185889 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L04 | Identifier |
| Return Reference | Schedule J, Part I, Line 4 | ReturnReference |
| Explanation | Subsequent to September 30, 2008, the Board enacted a Top Hat Supplemental Executive Retirement Plan ("the "SERP") for two key executives to provide future retirement and death benefits. The SERP was terminated during the plan year 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 Internal Revenue Code under the newly established Joint Industry Board Eligible Deferred Compensation Plan. These contributions, along with additional discretionary contributions made to the JIB Employees' 401k Plan, are intended to provide an actuarially equivalent benefit to those previously offered under the SERP. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The Board's Trustees approve all financial statement information included in the Form 990 (The September 30, 2012 audited financial statements were approve by the Trustees). In addition, all significant transactions are approved by the Board's Trustees. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The Board makes its governing documents available to all of its members. This is communicated in various manners (Internal and external websites, etc.) |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | The Board's unrealized gain for the year was $785,948. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (17 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| Dental Benefit Fund of the Electrical Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 112585905 | To provide dental benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| The Electrical Industry Group Life Fund | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 131884504 | Proivde group term life insurance coverage for eligible members. | NY | 501(c)(9) | N/A | 0 |
| Educational and Cultural Trust Fund of the Electrical Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 116035960 | Provide educational and cultural benefits to members of the electrical industry | NY | 501(c)(5) | N/A | 1 |
| E and C Property Holdings 1 | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 392068169 | To hold title to real estate used by the Educational and Cultural Trust Fund | NY | 501(c)(2) | N/A | 0 |
| E and C Property Holdings 2 | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 271107280 | To hold title to real estate used by the Educational and Cultural Trust Fund | NY | 501(c)(2) | N/A | 0 |
| E and C Property Holdings South | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 800400043 | To hold title to real estate used by the Educational and Cultural Trust Fund | NY | 501(c)(2) | N/A | 0 |
| Additional Security Benefits Plan | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 112212659 | Provide additiona lsecurity benefits to members | NY | 501(c)(9) | N/A | 0 |
| Pension Hospitalization and Benefits Plan of the Electrical Industry | |||||||||
| 158 11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 130891045 | Provide medical and other benefits to members of the electrical industry | NY | 501(c)(9) | N/A | 0 |
| Dental Benefit Plan of the Elevator Industry | |||||||||
| 158-11 Harry Vam Arsdale Jr Avenue | Flushing | NY | 11365 | 115219005 | Provide dental benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| Legal Services Plan of the Electrcial Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 112871178 | To provide legal services benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| Clothing and Tools Plan of the Electrical Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 113105790 | Provide clothing and tools reimbursement to eligible members | NY | 501(c)(5) | N/A | 0 |
| The Electrical Industry Scholarship Fund Inc | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 061687979 | Provide scholarships to eligible individuals | NY | 501(c)(3) | N/A | 0 |
| Real Estate Fund | |||||||||
| 158-11 Harry Van arsdale Jr Avenue | Flushing | NY | 11365 | 800580089 | Provide benefits to eligible members | NY | 501(c)(5) | N/A | 0 |
| Electrical Employers Self Insurance Safety Plan | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 510151311 | Provide workmans compensation and disability benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| Vacation Holiday Unemployement Plan of the Electrical Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 131853892 | Provide benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| Health Reimbursement Account of the Electrical Industry | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 562489386 | Proivde additional benefits to eligible members | NY | 501(c)(9) | N/A | 0 |
| Employees Security Fund of the Electrical Products Industries | |||||||||
| 158-11 Harry Van Arsdale Jr Avenue | Flushing | NY | 11365 | 136100908 | Provide medical and other benefits to eligible members. | NY | 501(c)(9) | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (8 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| j | 1157533 | The premises occupied by the Board are leased from the Educational and Cultural Trust Fund of the Electrical Industry, a related entity. Total rent expense, including operating expenses, for the year ended September 30, 2012 was $1,157,533. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| k | 31171955 | It 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 payroll benefits directly attributable to each plan. In computing these allocated costs, various factors were considered, including the volume of transactions relating to each plan in relation to the other plans administered by the Board, the total assets of the plans and transactions with affiliates. Administrative and record-keeping costs are billed to the affiliates on a monthly basis. The $31,171,955 represents the amounts received and earned by the Board for the period of October 1, 2011 to September 30, 2012. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| l | 0 | See letter k for explanation. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| m | 0 | See letter k for detail. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| n | 0 | See letter k for detail. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| p | 0 | See letter k for detail. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| o | 0 | See letter k for detail. |
| Educational and Cultural Trust Fund of the Electrical Industry | ||
| r | 0 | See letter k for detail. |
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