Joint Industry Board Of The Electrical Industry

Joint Industry Board Of The Electrical Industry maintains stable finances with consistent revenue growth and no reported officer compensation.

EIN: 130891035 · Flushing, NY · Updated: 2026-03-28

$59.1MRevenue

$76.8MAssets

75/100Mission Score (Good)

About Joint Industry Board Of The Electrical Industry

Joint Industry Board Of The Electrical Industry (EIN: 130891035) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $59.1M and total assets of $76.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joint Industry Board Of The Electrical Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Joint Industry Board Of The Electrical Industry demonstrates consistent financial activity with revenues and expenses in the tens of millions annually. Over the past several years, the organization has generally maintained a stable financial position, with assets consistently exceeding liabilities. For instance, in the 202309 period, assets were $58,795,852 against liabilities of $40,831,587. The organization's revenue has shown growth, increasing from $38,825,991 in 201409 to $56,526,647 in 202309, indicating a healthy operational scale. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Joint Industry Board Of The Electrical Industry with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Joint Industry Board Of The Electrical Industry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $50 million. This either indicates that no officers receive compensation, or that compensation is categorized differently, warranting further scrutiny for complete transparency.

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 Joint Industry Board Of The Electrical Industry's IRS 990 filings:

Consistent 0% officer compensation reported despite multi-million dollar revenues, which is highly unusual and requires further investigation into compensation structures.
NTEE code is unknown, making it difficult to benchmark against similar organizations or understand its specific charitable purpose without reviewing full filings.

Strengths

The following positive indicators were identified for Joint Industry Board Of The Electrical Industry:

Consistent and substantial revenue generation, with revenue growing from $38,825,991 in 201409 to $56,526,647 in 202309.
Stable asset base consistently exceeding liabilities, indicating financial solvency (e.g., $58,795,852 in assets vs. $40,831,587 in liabilities for 202309).
Long filing history (13 filings) demonstrates consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Joint Industry Board Of The Electrical Industry

How does the Joint Industry Board Of The Electrical Industry manage to report 0% officer compensation with multi-million dollar revenues?

The consistent reporting of 0% officer compensation across all available filings (e.g., 202309, 202209) for an organization with revenues exceeding $50 million (e.g., $56,526,647 in 202309) is highly unusual. This could mean that officers are compensated through other entities, are volunteers, or their compensation is reported under different expense categories not explicitly labeled as 'officer compensation' on the summary page of the 990. Further investigation into the detailed compensation schedules (Schedule J) of their 990 forms would be necessary to understand this structure.

What are the primary program activities funded by the organization's substantial revenue?

While the filings show significant revenue (e.g., $56,526,647 in 202309), the NTEE code is unknown, and specific program details are not provided in the summary data. To understand the primary program activities, one would need to review the organization's full IRS Form 990, specifically Part III (Statement of Program Service Accomplishments).

Has the organization consistently operated with a surplus or deficit?

The organization has experienced both surpluses and deficits over the years. For example, in 202309, expenses ($56,544,945) slightly exceeded revenue ($56,526,647), resulting in a small deficit. However, in 202209, revenue ($52,645,128) exceeded expenses ($52,110,776), indicating a surplus. The financial performance fluctuates year-to-year, but generally remains close to break-even.

Filing History

IRS 990 filing history for Joint Industry Board Of The Electrical Industry showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Joint Industry Board Of The Electrical Industry's revenue has grown by 30.2%, moving from $43.4M to $56.5M. Total assets decreased by 16.6% over the same period, from $70.5M to $58.8M. Total functional expenses rose by 48.2%, from $38.2M to $56.5M. In its most recent filing year (2023), Joint Industry Board Of The Electrical Industry reported a deficit of $18K, with expenses exceeding revenue. The organization holds $40.8M in liabilities against $58.8M in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $18.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$56.5M	$56.5M	$58.8M	$40.8M	—	—
2022	$52.6M	$52.1M	$35.4M	$14.9M	—	—
2021	$51.8M	$51.2M	$28.8M	$19.2M	—	View 990
2020	$49.5M	$51.6M	$32.6M	$31.1M	—	—
2019	$51.3M	$57.6M	$60.8M	$57.7M	—	View 990
2018	$41.1M	$47.3M	$53.8M	$44.7M	—	View 990
2017	$48.9M	$58.6M	$61.4M	$46.6M	—	View 990
2016	$44.8M	$48.5M	$62.0M	$37.3M	—	—
2015	$43.9M	$48.6M	$65.1M	$36.8M	—	View 990
2014	$38.8M	$44.2M	$65.6M	$32.4M	—	View 990
2013	$44.5M	$56.8M	$85.8M	$47.7M	—	View 990
2012	$45.5M	$38.9M	$80.4M	$29.5M	—	View 990
2011	$43.4M	$38.2M	$70.5M	$26.9M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $56.5M, expenses of $56.5M, and assets of $58.8M (revenue +7.4% year-over-year).
2022: Revenue of $52.6M, expenses of $52.1M, and assets of $35.4M (revenue +1.6% year-over-year).
2021: Revenue of $51.8M, expenses of $51.2M, and assets of $28.8M (revenue +4.6% year-over-year).
2020: Revenue of $49.5M, expenses of $51.6M, and assets of $32.6M (revenue -3.4% year-over-year).
2019: Revenue of $51.3M, expenses of $57.6M, and assets of $60.8M (revenue +24.7% year-over-year).
2018: Revenue of $41.1M, expenses of $47.3M, and assets of $53.8M (revenue -15.9% year-over-year).
2017: Revenue of $48.9M, expenses of $58.6M, and assets of $61.4M (revenue +9.1% year-over-year).
2016: Revenue of $44.8M, expenses of $48.5M, and assets of $62.0M (revenue +2.2% year-over-year).
2015: Revenue of $43.9M, expenses of $48.6M, and assets of $65.1M (revenue +12.9% year-over-year).
2014: Revenue of $38.8M, expenses of $44.2M, and assets of $65.6M (revenue -12.8% year-over-year).
2013: Revenue of $44.5M, expenses of $56.8M, and assets of $85.8M (revenue -2.1% year-over-year).
2012: Revenue of $45.5M, expenses of $38.9M, and assets of $80.4M (revenue +4.8% year-over-year).
2011: Revenue of $43.4M, expenses of $38.2M, and assets of $70.5M.

Data Sources and Methodology

This transparency report for Joint Industry Board Of The Electrical Industry 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.