Electrical Insurance Trustees

Electrical Insurance Trustees Overview

Electrical Insurance Trustees is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2019, Electrical Insurance Trustees employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2019, Electrical Insurance Trustees generated $277.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $231.2m during the year ending 06/2019. While expenses have increased by 3.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MEDICAL BENEFITS TO PLAN PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MEDICAL, DEATH, DISABILITY AND UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS IN ACCORDANCE WITH PROVISIONS OF THE PLAN.


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Electrical Insurance Trustees Board, Officers & Key Employees

Electrical Insurance Trustees Vendors

Vendor Name (Service)Compensation
Blue Crossblue Shield Of Illinois
Medical Claims Processor
$6,690,281
Legacy Professionals Llp
Auditing, Payroll Compliance Audits
$383,450
William Blair
Investment Management
$318,244
The Segal Company
Consulting
$316,331
Mercer Health Benefits Llc
Actuary
$284,508
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $16,756,931
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,602,820
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $277,859,235

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