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IBEW - 363 WELFARE FUND

HARRIMAN, NY · EIN 136132502 · Form 990 · FY2024 · NTEE J40Z · Employment · Large ($10M-$50M) · ibewlu363.org
revenue
$32.8M
expenses
$29.2M
net assets
$48.2M
employees
15
mission · from form 990

TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS

profile · synthesized from sources

IBEW Local 363 is a labor union representing electrical workers in the Hudson Valley region of New York. The organization advocates for fair wages, benefits, and local hiring standards, primarily through member mobilization, public protests, and outreach. It emphasizes solidarity among union members and promotes union membership to electricians in the region.

named programs · 2 · from sources

What they call their work

Local Hiring Advocacy
Organizes protests and outreach to promote hiring of local union electricians on construction projects in Rockland and Orange Counties.
Membership Outreach
Recruitment campaign encouraging electricians to join IBEW Local 363, featuring testimonial videos and direct contact.
activities · 2 groups

What they do

  • Worker Rights Advocacy & Wage Protection 1 activity
    • Organizes protests against use of out-of-state workers
      Conducts organized protests involving union members to oppose the hiring of out-of-state workers on local projects, such as at a warehouse in Valley Cottage and the Cardinal Health distribution center in Montgomery.
  • Union and Association Benefit Funds 1 activity
    • Provides welfare benefits to eligible members
      Offers welfare benefits to union members who meet eligibility criteria, as part of its defined benefit structure.
financials · form 990 · fy2024
revenue
Total revenue$32.76M
Contributions & grants$00%
Program service revenue$30.14M92%
Investment income$2.08M6%
Other revenue$542K
expenses
Total expenses$29.16M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$712K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$61.52M
Cash$21.60M
Investments$36.35M
Liabilities$13.33M
Net assets$48.19M
Liquid reserves23.8 mo
4 years on record · 2020–2024 · YoY revenue +1.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
SAMUEL FRATTO UNION TRUSTEE 1 $320K
FRANK PERUGINO UNION TRUSTEE 1 $245K
JOHN A MARAIA UNION TRUSTEE 1 $241K
PAMELA BROWN PLAN ADMINISTRATOR 12 $241K
STEVE NEUGEBAUER UNION TRUSTEE 1 $241K
JOHN DICKSON UNION TRUSTEE 1 $119K
board members · 7
  • JAMES JOHANNEMANN — EMPLOYEE TRUSTEE
  • JEFFREY SEIDEL — EMPLOYER TRUSTEE
  • JOSEPH DELEONARDIS — EMPLOYER TRUSTEE
  • NICK HEIM — UNION TRUSTEE
  • RICHARD SCHWARZBECK — EMPLOYEE TRUSTEE
  • ROBERT KAEHLER — EMPLOYER TRUSTEE
  • ROBERT METZ — EMPLOYEE TRUSTEE
relationships · 2

Who they work with

  • Cardinal Health Partner — Protested against the use of out-of-state workers on a project at the Cardinal Health distribution center.
  • Lincoln Equities Partner — Protested against Lincoln Equities' hiring practices for a warehouse project in Valley Cottage.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Local Labor Protection through Member Mobilization
    methodology: local-labor-protection
    By organizing member protests against out-of-state contractors, we deter unfair labor competition and protect local union standards, because collective action exerts public and political pressure that preserves wage and hiring norms.