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Additional Security Benefits Plan Of The Electrical Industry

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$6.31M (2023)

Expenses
$25.5M (2023)

Total Assets
$365M (2023)

Total Liabilities
$2.71M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,308,811
Expenses
$25,456,080
Net Income
-$19,147,269
Net Assets
$362,007,013
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,376,421
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,067,610
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $364,720,882
Total Liabilities $2,713,869
Net Assets $362,007,013
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Thomas Cleary (Trustee) $0 $0 $0
Joseph Proscia (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
Joseph Santigate (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,190,561
Expenses
$26,976,645
Net Income
-$22,786,084
Net Assets
$386,141,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,569,428
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,378,867
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $391,533,266
Total Liabilities $5,391,443
Net Assets $386,141,823
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Thomas Cleary (Trustee) $0 $0 $0
Joseph Proscia (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
Joseph Santigate (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,846,492
Expenses
$25,975,434
Net Income
-$19,128,942
Net Assets
$406,945,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,869,158
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$22,666
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $408,170,316
Total Liabilities $1,224,814
Net Assets $406,945,502
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Thomas Cleary (Trustee) $0 $0 $0
Joseph Proscia (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
Joseph Santigate (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,773,088
Expenses
$28,240,773
Net Income
-$19,467,685
Net Assets
$416,630,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,776,982
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,894
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $431,347,379
Total Liabilities $14,716,590
Net Assets $416,630,789
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Thomas Cleary (Trustee) $0 $0 $0
Joseph Proscia (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
Joseph Santigate (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,698,365
Expenses
$32,019,126
Net Income
-$21,320,761
Net Assets
$436,243,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,152,441
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$454,076
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $471,826,944
Total Liabilities $35,583,110
Net Assets $436,243,834
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,500,901
Expenses
$35,912,005
Net Income
-$33,411,104
Net Assets
$454,285,771
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,281
0.5%
Investment Income $8,072,632
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,584,012
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $489,601,011
Total Liabilities $35,315,240
Net Assets $454,285,771
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Craig Gilston (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Christopher Erikson Jr (Trustee) $0 $0 $0
John Villafane (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,091,789
Expenses
$40,016,540
Net Income
-$31,924,751
Net Assets
$484,068,746
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,748,748
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,656,959
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $540,520,413
Total Liabilities $56,451,667
Net Assets $484,068,746
Compensation
Key Employees and Officers Compensation Related Other
John Mannino (Trustee) $0 $0 $0
Gina Addeo (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Vincent Mc Elroen (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Ken Brouwer (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,572,996
Expenses
$45,100,089
Net Income
-$31,527,093
Net Assets
$515,801,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14,466,902
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$893,906
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $551,940,156
Total Liabilities $36,138,527
Net Assets $515,801,629
Compensation
Key Employees and Officers Compensation Related Other
Anthony Caulo (Trustee) $0 $0 $0
Gina Addeo (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Vincent Mc Elroen (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Ken Brouwer (Trustee) $0 $0 $0
Ira Grunther (Trustee) $0 $0 $0
Hal Sokoloff (Trustee) $0 $0 $0
Rudy Weissberg (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,280,597
Expenses
$51,943,461
Net Income
-$42,662,864
Net Assets
$548,750,376
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,855
0.3%
Investment Income $12,300,984
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,046,242
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $562,980,650
Total Liabilities $14,230,274
Net Assets $548,750,376
Compensation
Key Employees and Officers Compensation Related Other
Anthony Caulo (Trustee) $0 $0 $0
Gina Addeo (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Vincent Mc Elroen (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Ira Grunther (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Hal Sokoloff (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Rudy Weissberg (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,460,750
Expenses
$59,409,560
Net Income
-$49,948,810
Net Assets
$592,626,329
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,353,417
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,892,667
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $599,186,959
Total Liabilities $6,560,630
Net Assets $592,626,329
Compensation
Key Employees and Officers Compensation Related Other
Anthony Caulo (Trustee) $0 $0 $0
Gina Addeo (Trustee) $0 $0 $0
Lance Van Arsdale (Trustee) $0 $0 $0
Carol Kleinberg (Trustee) $0 $0 $0
Steven Lazzaro (Trustee) $0 $0 $0
Christopher Erikson (Trustee) $0 $0 $0
William Hofving (Trustee) $0 $0 $0
Vincent Mc Elroen (Trustee) $0 $0 $0
Raymond Melville (Trustee) $0 $0 $0
Luis Restrepo (Trustee) $0 $0 $0
Ira Grunther (Trustee) $0 $0 $0
Kristine De Napoli (Trustee) $0 $0 $0
John E Marchell (Trustee) $0 $0 $0
Hal Sokoloff (Trustee) $0 $0 $0
Stephen Gianotti (Trustee) $0 $0 $0
Rudy Weissberg (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,085,885
Expenses
$68,063,694
Net Income
-$62,977,809
Net Assets
$643,040,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $33,318
0.7%
Investment Income $13,526,856
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,474,289
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $668,895,295
Total Liabilities $25,854,994
Net Assets $643,040,301

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,873,970
Expenses
$91,107,291
Net Income
-$78,233,321
Net Assets
$708,927,368
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,891
1.2%
Investment Income $16,744,565
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,019,486
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $730,698,985
Total Liabilities $21,771,617
Net Assets $708,927,368

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,792,101
Expenses
$117,463,285
Net Income
-$97,671,184
Net Assets
$779,215,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $798,832
4.0%
Investment Income $22,468,812
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,475,543
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $821,648,316
Total Liabilities $42,432,343
Net Assets $779,215,973

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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