NFP500

#326 of 500 · Member & Benefit Funds

Pension Comm Joint Industry Board Of The Electrical Industry

EIN 13-0891045 · NY · NTEE n/a · Form 990, fiscal 2023

Administers pension and retirement benefits for members of IBEW Local Union No. 3 and their employers. Part of the Joint Industry Board established in 1943, it collects and invests employer contributions made under collective bargaining agreements to provide defined-benefit and defined-contribution retirement benefits to electrical-industry workers and their families in the New York area.

Open the interactive profile

Financials, fiscal 2023

Revenue
$466.3M
Expenses
$584.2M
Total assets
$252.3M
Net assets
$159.2M
Operating margin
-25.3%
1-year growth
0.2%
5-year growth (CAGR)
-2.6%
Reserve (years of spending)
3.3
Contributions share
n/a
Programme spending
97.3%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
79

NFP Health Score: 58 / 100

Financial 19 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$518.7M
2020$484.8M
2021$485.7M
2022$465.6M
2023$466.3M