Nonprofit · EIN 80-0580089
ELECTRICAL INDUSTRY REAL ESTATE FUND LLC
Also known as ANNUITY PLAN OF THE ELECTRICAL IND
Tax-exempt · FLUSHING, NY 11365
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $670,737 | $42,948 | $627,789 | $22,403,439 | $574,595 | $21,828,844 |
| December 31, 2023 | 990 | $862,875 | $30,109 | $832,766 | $22,743,157 | $914,250 | $21,828,907 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $670,737
- Net gain from sales of assets
- $410,071
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $22,743,157
- Total assets, end of year
- $22,403,439
- Total liabilities, end of year
- $574,595
- Net assets, end of year
- $21,828,844
- Publicly traded securities
- $10,662,637
- Gross receipts
- $11,177,884
- Employees
- 0
- Volunteers
- 13
- Year formed
- 2010
- State of legal domicile
- NY
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN DARDIS | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS CLEARY | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN GIANOTTI | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN LAZZARO | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL LORETO | TRUSTEE Trustee or director | 1 | $0 |
| JOHN MANNINO | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH PROSCIA | TRUSTEE Trustee or director | 1 | $0 |
| JAMES ROBSON | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH SANTIGATE | TRUSTEE Trustee or director | 1 | $0 |
| CIRO LUPO | TRUSTEE Trustee or director | 1 | $0 |
| GUS SMITH | TRUSTEE Trustee or director | 1 | $0 |
| TOM TERINO | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTIAN PETERSON | TRUSTEE Trustee or director | 1 | $0 |
| CAROL KLEINBERG | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW DRAZIC | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS CLEARY | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN GIANOTTI | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN LAZZARO | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL LORETO | TRUSTEE Trustee or director | 1 | $0 |
| JOHN MANNINO | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH PROSCIA | TRUSTEE Trustee or director | 1 | $0 |
| JAMES ROBSON | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH SANTIGATE | TRUSTEE Trustee or director | 1 | $0 |
| JERRY SCHAUDER | TRUSTEE Trustee or director | 1 | $0 |
| GUS SMITH | TRUSTEE Trustee or director | 1 | $0 |
| TOM TERINO | TRUSTEE Trustee or director | 1 | $0 |
| PAUL VIEIRA | TRUSTEE Trustee or director | 1 | $0 |
| CAROL KLEINBERG | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 158-11 HARRY VAN ARSDALE JR AVENUE, FLUSHING, NY 11365-3085
- In care of
- % VITO MUNDO
- Principal officer (990 for 2024)
- Humberto J Restrepo, 15811 Harry Van Arsdale Jr, Flushing, NY 11356
- Signed the 990
- Humberto J Restrepo, Chairman, JIB
- Phone
- (718) 591-2000
- Website
- www.jibei.org
Mission
TO PROVIDE SECURITY AND DIVERSIFICATION OF INVESTMENTS FOR THE OWNING EXEMPT ORGANIZATIONS.
Program accomplishments
- TO PROVIDE SECURITY AND DIVERSIFICATION OF INVESTMENTS FOR THE OWNING EXEMPT ORGANIZATIONS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0580089
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $22,403,439
- Income (IRS master file)
- $11,177,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $670,737 | $42,948 | $22,403,439 | XML |
| 990 | December 2023 | $862,875 | $30,109 | $22,743,157 | XML |
| 990 | December 2022 | -$294,427 | $14,871 | $21,919,448 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 80-0580089).
Questions about ELECTRICAL INDUSTRY REAL ESTATE FUND LLC
- What is the EIN of ELECTRICAL INDUSTRY REAL ESTATE FUND LLC?
- The employer identification number (EIN) of ELECTRICAL INDUSTRY REAL ESTATE FUND LLC is 80-0580089.
- Is ELECTRICAL INDUSTRY REAL ESTATE FUND LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 2011.
- Are donations to ELECTRICAL INDUSTRY REAL ESTATE FUND LLC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ELECTRICAL INDUSTRY REAL ESTATE FUND LLC 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 REAL ESTATE FUND LLC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELECTRICAL INDUSTRY REAL ESTATE FUND LLC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ELECTRICAL INDUSTRY REAL ESTATE FUND LLC?
- The 990 for the year ended December 31, 2024 names Humberto J Restrepo.
- Who are the officers and directors of ELECTRICAL INDUSTRY REAL ESTATE FUND LLC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does ELECTRICAL INDUSTRY REAL ESTATE FUND LLC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $670,737, expenses of $42,948 and total assets of $22,403,439 at year end.
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