named programs · 3 · from sources
What they call their work
Employees Security Fund (ESF)
Offers supplemental benefits including disability, death benefits, and other security programs for union electrical workers.
Hospitalization Trust Fund
Provides medical, hospitalization, and related benefits to eligible electrical workers and their dependents covered under the collective bargaining agreement.
Pension Trust Fund
Administers retirement benefits for workers in the electrical industry under the same collective bargaining framework.
activities · 4 groups
What they do
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Union and Association Benefit Funds 2 activities
- Administers multi-employer benefit plans for electrical workersCollects and invests funds from electrical and independent employers to provide medical, health, education, and retirement benefits to over 70,000 beneficiaries under a collective bargaining agreement with Local Union No. 3.
- Manages electronic contributions and payments for benefitsAccepts and processes electronic contributions and ACH payments from employers for funding employee benefits and wage funds.
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Text Messaging Communication Services 1 activity
- Communicates plan and industry information to membersOffers email and text message communications to members about plan information, employment opportunities, training, safety updates, class offerings, industry news, events, and building closings.
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Union-Affiliated Trade Apprenticeship & Training 1 activity
- Delivers safety and advanced technology training for electrical workersProvides ongoing education and skill development through a 5.5-year apprenticeship program requiring 8,000 hours of combined classroom and on-the-job training, as well as continuing education courses in safety and advanced technology.
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Patient Portal and Digital Health Access 1 activity
- Provides medical care services with extended availabilityOperates medical services during extended weekday and Saturday hours, including appointment scheduling via a dedicated phone line and access to a patient portal for appointments, messaging care teams, reviewing lab results, requesting medication refills, and accessing health records.
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financials · form 990 · fy2024
revenue
Total revenue$21.92M
Contributions & grants$00%
Program service revenue$21.31M97%
Investment income$616K3%
Other revenue$0
expenses
Total expenses$20.10M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$10K
Largest expense lineProfessional Fees
balance sheet
Total assets$20.00M
Cash$559K
Investments$16.52M
Liabilities$4.05M
Net assets$15.95M
Liquid reserves10.2 mo
3 years on record · 2020–2024 · YoY revenue -12.1%
leadership · form 990 part vii · fy2024
Who runs it
board members · 16
- Annette Diaz Rivera — Trustee
- Barry Seitles — Trustee
- Christopher Erikson — Trustee
- Christopher Erikson Jr — Trustee
- DMETRY SHVARTSMAN — TRUSTEE
- Dominick Cutrone — Trustee
- EDWARD RUSSNOW — TRUSTEE
- Isaac Merlos — Trustee
- Jerry Schiff — Trustee
- Jonathan Lifton — Trustee
- Lance Van Arsdale — Trustee
- Michael Bellovin — Trustee
- Mitchell Bloomberg — Trustee
- RICHARD DUVA JR — TRUSTEE
- Robert Olenick — Trustee
- Thomas Cleary — Trustee
relationships · 7
Who they work with
- Electrical Employers Self Insurance Safety Plan Partner — Collaborates with E.E.S.I.S.P. for the Online Certificate of Insurance Program.
- International Brotherhood of Electrical Workers Local Union No. 3 Partner — Co-founding labor union in a joint-management cooperative to administer benefits and training for electrical workers.
- Local Union No. 3 Partner — Collaborates with Local Union No. 3 to communicate with members about benefits, training, and industry updates.
- Local Union No. 3 of The International Brotherhood of Electrical Workers, AFL-CIO Partner — Jointly administers the fund under a collective bargaining agreement with electrical and independent employers.
- MagnaCare Partner — Provides urgent care center information and advocacy services in coordination with JIB Medical P.C.
- National Electrical Contractors Association Partner — Co-founding employer association in a joint-management cooperative to support the electrical construction industry.
- eClinicalWorks Partner — Vendor that powers the patient portal used by the organization.
strategies · 3
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.
- Collective Bargaining Benefit Fund Modelmethodology: collective-bargaining-benefit-fundBy pooling and investing funds through a collective bargaining agreement between employers and Local Union No. 3, the organization provides medical and other benefits to members, because shared financial responsibility and governance ensure sustainable, equitable access to care.
- Labor-Management Cooperative Modelmethodology: labor-management_cooperationBy operating through a joint governance structure between labor and management, the organization improves workforce development and industry stability, because shared decision-making fosters trust, alignment, and long-term planning.
- Workforce Development Through Apprenticeshipmethodology: workforce-development-through-apprenticeshipBy using joint apprenticeship and continuing education programs, the organization maintains a skilled workforce and adapts to technological change, because structured, on-the-job training combined with formal education produces competent, future-ready workers.