Electrical Employers Self Insurance Safety Plan
Flushing, NY 11365 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $106,909,150 | $87,681,380 | $288,683,307 |
| FY2023 | $96,402,737 | $91,569,708 | $259,847,809 |
| FY2022 | $95,594,996 | $159,476,254 | $237,985,363 |
| FY2021 | $85,315,230 | $104,835,260 | $346,537,393 |
| FY2020 | $105,421,274 | $101,152,418 | $352,032,372 |
| FY2019 | $100,030,665 | $101,479,497 | $352,771,895 |
| FY2018 | $147,811,762 | $95,911,547 | $327,613,076 |
| FY2017 | $97,290,569 | $87,410,168 | $292,275,526 |
| FY2016 | $91,971,401 | $82,119,049 | $269,485,927 |
| FY2015 | $81,155,364 | $84,092,178 | $253,388,417 |
| FY2014 | $103,249,034 | $80,271,909 | $259,582,182 |
| FY2013 | $101,012,619 | $82,786,606 | $227,941,446 |
| FY2012 | $68,841,929 | $76,907,716 | $211,019,775 |
| FY2011 | $55,190,947 | $68,177,309 | $218,695,437 |
Form 990 filings
The returns filed by Electrical Employers Self Insurance Safety Plan (EIN 51-0151311), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $83,508,353 | 78% |
| Other revenue | $23,400,797 | 22% |
What the numbers show
- Program service revenue made up 78% of total revenue in FY2024.
- Net assets covered about 39.5 months of expenses at the end of the reporting year.
- Total revenue rose from $55,190,947 in FY2011 to $106,909,150 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2011, FY2012, FY2015, FY2019, FY2021, FY2022).
- The highest revenue on record here is $147,811,762 in FY2018.
- Net assets grew from $218,695,437 to $288,683,307 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The Plan collects and invests funds received from electrical contractors for the purpose of providing statutory and collectively bargained workers' compensation and disability benefits to members of Local Union No. 3 of the International Brotherhood of Electrical Workers AFL- CIO ("Local 3")
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(9) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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