#417 of 500 · Member & Benefit Funds

Electrical Insurance Trustees

EIN 36-1033970 · IL · NTEE n/a · Form 990, fiscal 2023

Funds), based in Chicago, Illinois, administers multiemployer Taft-Hartley benefit funds for participants affiliated with the International Brotherhood of Electrical Workers (notably IBEW Local 134) and their employers. Originally established to provide life and disability insurance, it now administers health and welfare benefits (medical, dental, vision, prescription, disability) as well as defined benefit and defined contribution pension plans, with eligibility governed by collective bargaining agreements.

Financials, fiscal 2023

Revenue

$369.1M

Expenses

$280.2M

Total assets

$782.6M

Net assets

$751.5M

Operating margin

24.1%

1-year growth

34.0%

5-year growth (CAGR)

7.4%

Reserve (years of spending)

32.2

Contributions share

n/a

Programme spending

81.6%

Fundraising cost

n/a

Executive pay share

0.17%

Employees

28

Revenue per employee

$13.2M

Grants paid

n/a

Years filing

57

NFP Health Score: 78 / 100

Financial 60 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history