2024-10-29T11:57:50-07:00 2023-12-31 990 2023-01-01 800580089 ELECTRICAL INDUSTRY REAL ESTATE FUND LLC ELEC 7185912000 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 Humberto J Restrepo Chairman, JIB 7185912000 2024-10-29 1 2023 2024-10-15 13:58:12Z ELECTRICAL INDUSTRY REAL ESTATE FUND LLC 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 12191324 0 X www.jibei.org X 2010 NY TO PROVIDE LENDING ON THE SECURITY OF FIRST MORTGAGES ON RESIDENTIAL REAL PROPERTY OWNED BY MEMBERS OF LOCAL UNION NO 3, IBEW AFL-CIO AND DIVERSIFICATION IN INVESTMENTS FOR THE OWNING EXEMPT ORGANIZATIONS. 14 0 0 13 0 0 0 0 0 0 -294427 862875 0 0 -294427 862875 0 0 0 0 0 0 0 0 0 14871 30109 14871 30109 -309298 832766 21919448 22743157 88818 914250 21830630 21828907 TO PROVIDE SECURITY AND DIVERSIFICATION OF INVESTMENTS FOR THE OWNING EXEMPT ORGANIZATIONS. 0 0 TO PROVIDE SECURITY AND DIVERSIFICATION OF INVESTMENTS FOR THE OWNING EXEMPT ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 X JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY 7185912000 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 ANDREW DRAZIC TRUSTEE 1 1 X 0 0 0 THOMAS CLEARY TRUSTEE 1 1 X 0 0 0 STEPHEN GIANOTTI TRUSTEE 1 1 X 0 0 0 STEVEN LAZZARO TRUSTEE 1 1 X 0 0 0 MICHAEL LORETO TRUSTEE 1 1 X 0 0 0 JOHN MANNINO TRUSTEE 1 1 X 0 0 0 JOSEPH PROSCIA TRUSTEE 1 1 X 0 0 0 JAMES ROBSON TRUSTEE 1 1 X 0 0 0 JOSEPH SANTIGATE TRUSTEE 1 1 X 0 0 0 JERRY SCHAUDER TRUSTEE 1 1 X 0 0 0 GUS SMITH TRUSTEE 1 1 X 0 0 0 TOM TERINO TRUSTEE 1 1 X 0 0 0 PAUL VIEIRA TRUSTEE 1 1 X 0 0 0 CAROL KLEINBERG TRUSTEE 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 883790 883790 0 0 0 0 0 0 0 0 0 0 0 0 11307534 0 11328449 0 -20915 0 -20915 -20915 0 0 0 862875 862875 0 0 8395 11332 ADMINISTRATIVE EXPENSES 9432 MISCELLANOUSE EXPENSES 950 30109 0 0 0 690828 886070 23163 27566 9199703 10178583 12005754 11650938 21919448 22743157 88818 914250 88818 914250 X 11452 11452 22864274 22862551 -1045096 -1045096 21830630 21828907 21919448 22743157 X 832766 -1723 0 0 0 -832766 X 0 0 0 MORTGAGE RECEIVABLE 11650938 11650938 Form 990, Part VI, Section B, Line 11b N/A Form 990, Part VI, Section C, Line 19 THE ENTITY MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 THIS AMOUNT REPRESENTS NET EARNINGS FOR THE YEAR THAT WILL BE ALLOCATED TO THE THREE ENTITIES THAT OWN 100% OF THE ENTITY. JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 130891035 SUPERVISION AND ADMINISTRATION OF VARIOUS BENEFIT FUNDS NY 501(c)(5) N/A N/A 0 EDUCATIONAL AND CULTURAL TRUST FUND OF THE ELECTRICAL INDUSTRY 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 116035960 TO PROVIDE EDUCATIONAL AND CULTURAL BENEFITS TO MEMBERS OF THE ELECTRICAL INDUSTRY NY 501(c)(5) N/A N/A 0 VACATION EXPENSE PLAN OF THE JOINT BOARD OF THE ELECTRICAL INDUSTRY 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 131853892 PROVIDE VACATION, HOLIDAY AND SUPPLEMENTARY BENEFITS TO MEMBERS. NY 501(c)(9) N/A N/A 0 ADDITIONAL SECURITY BENEFITS PLAN OF THE ELECTRICAL INDUSTRY 158-11 HARRY VAN ARSDALE JR AVE FLUSHING NY 11365 112212659 PAYMENT OF ADDITIONAL SECURITY BENEFITS TO MEMBERS OF THE ELECTRICAL INDUSTRY NY 501(C)(9) N/A N/A 0 ANNUITY PLAN OF THE ELECTRICAL INDUSTRY 158-11 HARRY VAN ARSDALE JR AVE FLUSHING NY 11365 136123600 PROVIDE ANNUITY BENEFITS FOR THE ELECTRICAL INDUSTRY NY 401(A) TRUST N/A N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY m 0 THIS AMOUNT IS PART OF THE ALLOCATED EXPENSES CHARGED TO THE ENTITY BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2023 YEAR. SEE PART V LETTER P FOR DETAILS. JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY n 0 THIS AMOUNT IS PART OF THE TOTAL ALLOCATED EXPENSES CHARGED TO THE ENTITY BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2023 YEAR. SEE PART V LETTER P FOR DETAILS. JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY p 9432 THIS AMOUNT WAS ALLOCATED EXPENSES CHARGED TO THE ENTITY BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE YEAR 2023. EDUCATIONAL AND CULTURAL TRUST FUND OF THE ELECTRICAL INDUSTRY d 11650938 IN JULY 2014, E & C HOLDING SOUTH, ALONG WITH EDUCATIONAL & CULTURAL FUND AS A CO-BORROWER, ENTERED INTO A LINE OF CREDIT AGREEMENT WITH THE ELECTRICAL INDUSTRY REAL ESTATE FUND, INC. AS OF DECEMBER 31, 2023 THE FUND IS DUE $11,650,938 FROM THE E&C FUND. VACATION EXPENSE PLAN OF THE JOINT BOARD OF THE ELECTRICAL INDUSTRY r -832766 THE FUND IS OWNED BY THREE RELATED ORGANIZATIONS. THESE ORGANIZATIONS ARE THE VACATION EXPENSE PLAN OF THE JOINT BOARD OF THE ELECTRICAL INDUSTRY, ADDITIONAL SECURITY BENEFITS PLAN OF THE ELECTRICAL INDUSTRY, AND THE ANNUITY PLAN OF THE ELECTRICAL INDUSTRY. DIVIDENDS EARNED ARE ALLOCATED TO THESE THREE ORGANIZATIONS AFTER YEAR END.