Joint Industry Board of the Electrical Industry
Nonprofit profile at a glance
- EIN
- 130891035
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Flushing, NY, US
- Phone
- (718) 591-2000
- Rating
- 29
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $61,048,018
- Expenses
- $62,241,705
- Assets
- $78,395,514
- Liabilities
- $54,181,546
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Highest reported compensation
- Dr Michael Makover (Chief Medical Officer): $389,421 total reported compensation
- Chris Sessa (Legal Counsel): $365,898 total reported compensation
- Humberto J Restrepo (Chairman): $364,269 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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 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 HAS EFFECTUATED ITS CURRET TRANSITION FROM A PROFESSIONAL EMPLOYER ORGANIZATION TO A MANAGEMENT SERVICES ORGANIZATION (MSO) AND PROVIDES ALL NON-CLINICAL ADMINISTRATIVE AND MANAGEMENT SUPPORT SERVICES FOR, AND ON BEHALF OF, JIB MEDICAL.
What it reported doing in 2024
To supervise and administer various benefit plans under the terms of the collective bargaining agreements and the related agreements and working rules.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 67
- Accountability: 26
- Sustainability: 28
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 62
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 0 of 27 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $389K · 35 people listed · 0 of 6 pay-setting controls reported
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 24 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 23/100.