Electrical Industry Board Of Nassau & Suffolk Counties New York
Electrical Industry Board consistently expends nearly all revenue on operations with no reported officer compensation.
EIN: 111704823 · Hauppauge, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111.3M |
| Total Expenses | $104.0M |
| Program Spending | 99% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $4.6M |
| Transparency Score | 95/100 |
Is Electrical Industry Board Of Nassau & Suffolk Counties New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Electrical Industry Board Of Nassau & Suffolk Counties New York directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Electrical Industry Board Of Nassau & Suffolk Counties New York
Electrical Industry Board Of Nassau & Suffolk Counties New York (EIN: 111704823) is a nonprofit organization based in Hauppauge, NY. The organization reported total revenue of $111.3M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Electrical Industry Board Of Nassau & Suffolk Counties New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Electrical Industry Board Of Nassau & Suffolk Counties New York is a major nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104.2M |
| Total Expenses | $104.0M |
| Surplus / Deficit | +$203K |
| Total Assets | $6.3M |
| Total Liabilities | $1.7M |
| Net Assets | $4.6M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Electrical Industry Board Of Nassau & Suffolk Counties New York reported a surplus of $203K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Electrical Industry Board Of Nassau & Suffolk Counties New York's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +2.8% | +22.5% |
| 2022 | -10.6% | -10.8% | -0.1% |
| 2021 | +21.1% | +20.4% | +11.5% |
| 2020 | +3.6% | +4.0% | -9.4% |
| 2019 | +10.7% | +11.0% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Electrical Industry Board Of Nassau & Suffolk Counties New York with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Electrical Industry Board Of Nassau & Suffolk Counties New York allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $203K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization with over $100 million in annual revenue and suggests a volunteer-led or externally compensated leadership structure, which significantly reduces overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Electrical Industry Board Of Nassau & Suffolk Counties New York's IRS 990 filings:
- NTEE Code Unknown (limits detailed programmatic comparison)
- Lack of detailed expense breakdown (prevents precise program vs. admin analysis)
Strengths
The following positive indicators were identified for Electrical Industry Board Of Nassau & Suffolk Counties New York:
- Consistent near-zero net income (indicates efficient spending of all available funds)
- 0% officer compensation reported across all filings (strong indicator of mission focus and low overhead)
- Steady growth in assets over time (demonstrates financial stability)
- Low liabilities relative to assets (healthy balance sheet)
- Consistent IRS 990 filing history (good transparency and compliance)
Frequently Asked Questions about Electrical Industry Board Of Nassau & Suffolk Counties New York
Is Electrical Industry Board Of Nassau & Suffolk Counties New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Electrical Industry Board Of Nassau & Suffolk Counties New York (EIN: 111704823) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Electrical Industry Board Of Nassau & Suffolk Counties New York spend its money?
Electrical Industry Board Of Nassau & Suffolk Counties New York directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Electrical Industry Board Of Nassau & Suffolk Counties New York tax-deductible?
Electrical Industry Board Of Nassau & Suffolk Counties New York is registered as a tax-exempt nonprofit (EIN: 111704823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Electrical Industry Board Of Nassau & Suffolk Counties New York CEO make?
Electrical Industry Board Of Nassau & Suffolk Counties New York's highest-compensated officer earns $100 annually. The organization reported $111.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Electrical Industry Board Of Nassau & Suffolk Counties New York located?
Electrical Industry Board Of Nassau & Suffolk Counties New York is headquartered in Hauppauge, New York and files with the IRS under EIN 111704823.
How many years of IRS 990 filings does Electrical Industry Board Of Nassau & Suffolk Counties New York have?
Electrical Industry Board Of Nassau & Suffolk Counties New York has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $111.3M in total revenue.
Is the Electrical Industry Board Of Nassau & Suffolk Counties New York a good charity?
Based on the provided financial data, the organization appears to be a very good charity. It consistently spends nearly all its revenue on its operations, as evidenced by the close match between revenue and expenses (e.g., $104,208,576 revenue vs. $104,005,984 expenses in 2023), and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How does the organization manage its finances given its large revenue and 0% officer compensation?
The organization manages its finances by expending almost all its revenue on its operations, resulting in minimal net income or loss each year. The 0% officer compensation suggests that leadership may be volunteer-based or compensated through other entities, allowing a greater proportion of funds to be directed towards the organization's primary activities.
What is the trend in the organization's assets and liabilities?
The organization's assets have shown a positive trend, growing from $4,893,280 in 2014 to $6,308,633 in 2023. Liabilities have remained relatively low and stable, ranging from $584,175 to $1,683,269, indicating a healthy balance sheet and responsible financial management.
Filing History
IRS 990 filing history for Electrical Industry Board Of Nassau & Suffolk Counties New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Electrical Industry Board Of Nassau & Suffolk Counties New York's revenue has grown by 69.9%, moving from $61.3M to $104.2M. Total assets increased by 38.1% over the same period, from $4.6M to $6.3M. Total functional expenses rose by 69.5%, from $61.4M to $104.0M. In its most recent filing year (2023), Electrical Industry Board Of Nassau & Suffolk Counties New York reported a surplus of $203K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $6.3M in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104.2M | $104.0M | $6.3M | $1.7M | — | — |
| 2022 | $101.4M | $101.1M | $5.1M | $646K | — | View 990 |
| 2021 | $113.5M | $113.3M | $5.2M | $954K | — | View 990 |
| 2020 | $93.7M | $94.1M | $4.6M | $584K | — | View 990 |
| 2019 | $90.4M | $90.5M | $5.1M | $658K | — | View 990 |
| 2018 | $81.7M | $81.5M | $5.4M | $866K | — | View 990 |
| 2017 | $76.9M | $76.9M | $5.0M | $732K | — | View 990 |
| 2016 | $70.1M | $70.2M | $5.0M | $698K | — | View 990 |
| 2015 | $62.3M | $62.2M | $5.0M | $723K | — | View 990 |
| 2014 | $59.8M | $59.8M | $4.9M | $676K | — | View 990 |
| 2013 | $60.5M | $60.5M | $4.9M | $699K | — | View 990 |
| 2012 | $64.6M | $64.4M | $4.7M | $592K | — | View 990 |
| 2011 | $61.3M | $61.4M | $4.6M | $575K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104.2M, expenses of $104.0M, and assets of $6.3M (revenue +2.7% year-over-year).
- 2022: Revenue of $101.4M, expenses of $101.1M, and assets of $5.1M (revenue -10.6% year-over-year).
- 2021: Revenue of $113.5M, expenses of $113.3M, and assets of $5.2M (revenue +21.1% year-over-year).
- 2020: Revenue of $93.7M, expenses of $94.1M, and assets of $4.6M (revenue +3.6% year-over-year).
- 2019: Revenue of $90.4M, expenses of $90.5M, and assets of $5.1M (revenue +10.7% year-over-year).
- 2018: Revenue of $81.7M, expenses of $81.5M, and assets of $5.4M (revenue +6.2% year-over-year).
- 2017: Revenue of $76.9M, expenses of $76.9M, and assets of $5.0M (revenue +9.7% year-over-year).
- 2016: Revenue of $70.1M, expenses of $70.2M, and assets of $5.0M (revenue +12.6% year-over-year).
- 2015: Revenue of $62.3M, expenses of $62.2M, and assets of $5.0M (revenue +4.1% year-over-year).
- 2014: Revenue of $59.8M, expenses of $59.8M, and assets of $4.9M (revenue -1.2% year-over-year).
- 2013: Revenue of $60.5M, expenses of $60.5M, and assets of $4.9M (revenue -6.3% year-over-year).
- 2012: Revenue of $64.6M, expenses of $64.4M, and assets of $4.7M (revenue +5.3% year-over-year).
- 2011: Revenue of $61.3M, expenses of $61.4M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Electrical Industry Board Of Nassau & Suffolk Counties New York:
Data Sources and Methodology
This transparency report for Electrical Industry Board Of Nassau & Suffolk Counties New York is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.