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Nonprofit · EIN 38-6080379

ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND

Tax-exempt · MADISON HTS, MI 48071

Financials

$1.7M$2.6M2023$2.7M$1.8M2024$2.5M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,477,945$1,844,912$633,033$60,680,364$98,126$60,582,238
December 31, 2024990$2,687,451$1,789,229$898,222$57,921,090$93,462$57,827,628
December 31, 2023990$1,703,618$2,575,901-$872,283$57,269,232$76,391$57,192,841
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$753,942
Investment income
$1,724,003
Net gain from sales of assets
-$416,822
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,215,836
Salaries, compensation and benefits (total)
$95,181
Professional fundraising fees
$0
Legal fees
$18,142
Accounting fees
$32,033
Occupancy
$10,889
Travel
$90

Balance sheet and other

Total assets, start of year
$57,921,090
Total assets, end of year
$60,680,364
Total liabilities, end of year
$98,126
Net assets, end of year
$60,582,238
Publicly traded securities
$56,856,225
Gross receipts
$20,943,188
Employees
0
Year formed
1963
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
E CRAIG YOUNGBENEFITS DIR
Key employee
1$0$414,551$58,161
MICHELE DAVISASS'T BENE.
Highest-paid employee
1$0$177,250$58,161
JESSICA CYPRUSACCOUNTANT
Highest-paid employee
1$0$128,000$58,161
ANDRE CROOKTRUSTEE
Trustee or director
1$0$0$0
JOE DIEDERICHSTRUSTEE
Trustee or director
1$0$0$0
ANDY DUEWEKETRUSTEE
Trustee or director
1$0$0$0
MARCO GARCIATRUSTEE/CHAI
Trustee or director
1$0$0$0
JASON HEADTRUSTEE
Trustee or director
1$0$0$0
THOMAS MITTELBRUN IIITRUSTEE-PAST
Trustee or director
1$0$0$0
JIM RUTKOFSKETRUSTEE/SECR
Trustee or director
1$0$0$0
JAMES SOOSIKTRUSTEE-PAST
Trustee or director
1$0$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
E CRAIG YOUNGBENEFITS DIR
Key employee
1$0$399,173$55,951
MICHELE DAVISASS'T BENE.
Highest-paid employee
1$0$168,349$55,951
JESSICA CYPRUSACCOUNTANT
Highest-paid employee
1$0$110,800$55,926
NICK CHAPITALTRUSTEE-PAST
Trustee or director
1$0$0$0
ANDRE CROOKTRUSTEE
Trustee or director
1$0$0$0
MARCO GARCIATRUSTEE
Trustee or director
1$0$0$0
JASON HEADTRUSTEE/CHAI
Trustee or director
1$0$0$0
THOMAS MITTELBRUN IIITRUSTEE
Trustee or director
1$0$0$0
JIM RUTKOFSKETRUSTEE
Trustee or director
1$0$0$0
JAMES SOOSIKTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
E CRAIG YOUNGBENEFITS DIR
Key employee
1$0$381,950$54,226
MICHELE DAVISASS'T BENE.
Highest-paid employee
1$0$146,500$54,226
SARAH PADGETTASS'T BENE D
Highest-paid employee
1$0$144,524$54,226
NICK CHAPITALTRUSTEE/CHAI
Trustee or director
1$0$0$0
ANDRE CROOKTRUSTEE
Trustee or director
1$0$0$0
THOMAS DIEDERICHSTRUSTEE-PAST
Trustee or director
1$0$0$0
MARCO GARCIATRUSTEE
Trustee or director
1$0$0$0
JASON HEADTRUSTEE/SECR
Trustee or director
1$0$0$0
THOMAS MITTELBRUN IIITRUSTEE
Trustee or director
1$0$0$0
WARREN WINTERMANTELTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 71337, MADISON HTS, MI 48071-0337
Principal officer (990 for 2025)
E CRAIG YOUNG, P O BOX 71337, MADISON HEIGHTS, MI 48071
Signed the 990
E CRAIG YOUNG, BENEFITS DIRECTOR
Phone
(586) 575-9200
Return prepared by
MCCLAIN SMITH & WENZ PC

Mission

THE PURPOSE OF THE FUND IS TO PROVIDE SOME MEASURE OF INCOME SECURITY DURING PERIODS OF LAY-OFF TO ELECTRICIANS OF IBEW LOCAL 58.

990 for the year ended December 31, 2025

Program accomplishments

  • THE PURPOSE OF THE FUND IS TO PROVIDE SOME MEASURE OF INCOME SECURITY DURING PERIODS OF LAY-OFF TO ELECTRICIANS OF IBEW LOCAL 58. THE FUND PAID OUT OVER 1.215 MILLION TO PARTICIPANTS WHO WERE OFF WORK DURING THE YEAR.
    Expenses $1,844,912 · revenue $753,492

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-6080379
Tax-exempt status
501(c)(17): Supplemental unemployment benefit trust
Donations deductible
No
Exempt since
1963
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$60,680,364
Income (IRS master file)
$20,943,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,477,945$1,844,912$60,680,364XML
990December 2024$2,687,451$1,789,229$57,921,090XML
990December 2023$1,703,618$2,575,901$57,269,232XML
990December 2022$2,737,105$2,444,361$55,226,519IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-6080379).

Questions about ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND

What is the EIN of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
The employer identification number (EIN) of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND is 38-6080379.
Is ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(17) since 1963.
Are donations to ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
The 990 for the year ended December 31, 2025 names E CRAIG YOUNG.
Who are the officers and directors of ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND?
The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does ELECTRICAL INDUSTRY SUPPLEMENTAL UNEMPLOYMENT BENEFIT FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,477,945, expenses of $1,844,912 and total assets of $60,680,364 at year end.

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