Civic Intelligence

The Erisa Industry Committee

EIN 52-1077961 • 501(c)6 • Washington, DC

View Organization Page

Profile

The erisa industry committee (eric) was formed to promote and advance the common interest and welfare of large employers who establish and maintain employee benefit plans (representing solely the perspective of large plan sponsors). It is the only (continued on schedule o)national association that advocates exclusively for large employer plan sponsors on health, retirement, paid leave, and compensation public policies at the federal, state, and local levels.

701 8th Street NW 610Washington, DC 20001

www.eric.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.44x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.42x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

82nd percentile

18%

Higher net margin than 82% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$608,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

92nd percentile

33%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

33%

Faster revenue growth than 90% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$5,290,325

Up $1,322,468 (+33%) from 2023

Liabilities

Up

$2,353,352

Up $295,644 (+14%) from 2023

Net Assets

Up

$2,936,973

Up $1,026,824 (+54%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin82nd percentile

Revenue

Up

$5,603,107

Up $1,392,762 (+33%) from 2023

Expenses

Up

$4,576,283

Up $755,385 (+20%) from 2023

Net Income

Up

$1,026,824

Up $637,377 (+164%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $1,206,948Liabilities 2010: $1,130,583Net Assets 2010: $76,3652010Assets 2011: $1,654,730Liabilities 2011: $1,484,465Net Assets 2011: $170,2652011Assets 2012: $1,544,657Liabilities 2012: $1,274,725Net Assets 2012: $269,9322012Assets 2013: $1,555,382Liabilities 2013: $1,061,064Net Assets 2013: $494,3182013Assets 2014: $2,078,103Liabilities 2014: $1,234,010Net Assets 2014: $844,0932014Assets 2015: $2,031,622Liabilities 2015: $976,386Net Assets 2015: $1,055,2362015Assets 2016: $2,394,711Liabilities 2016: $1,316,930Net Assets 2016: $1,077,7812016Assets 2017: $2,684,060Liabilities 2017: $1,762,797Net Assets 2017: $921,2632017Assets 2018: $3,220,601Liabilities 2018: $2,055,676Net Assets 2018: $1,164,9252018Assets 2019: $3,110,589Liabilities 2019: $1,753,472Net Assets 2019: $1,357,1172019Assets 2020: $2,696,544Liabilities 2020: $1,264,174Net Assets 2020: $1,432,3702020Assets 2021: $2,680,457Liabilities 2021: $1,106,640Net Assets 2021: $1,573,8172021Assets 2022: $3,704,153Liabilities 2022: $2,183,451Net Assets 2022: $1,520,7022022Assets 2023: $3,967,857Liabilities 2023: $2,057,708Net Assets 2023: $1,910,1492023Assets 2024: $5,290,325Liabilities 2024: $2,353,352Net Assets 2024: $2,936,9732024

Highlighted filing

2024

Assets$5,290,325
Liabilities$2,353,352
Net Assets$2,936,973
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $1,704,497Expenses 2010: $1,825,218Net Income 2010: -$120,7212010Revenue 2011: $2,068,416Expenses 2011: $1,974,516Net Income 2011: $93,9002011Revenue 2012: $2,051,312Expenses 2012: $1,951,645Net Income 2012: $99,6672012Revenue 2013: $2,129,170Expenses 2013: $1,904,784Net Income 2013: $224,3862013Revenue 2014: $2,308,911Expenses 2014: $1,959,136Net Income 2014: $349,7752014Revenue 2015: $2,312,825Expenses 2015: $2,100,515Net Income 2015: $212,3102015Revenue 2016: $2,374,264Expenses 2016: $2,351,692Net Income 2016: $22,5722016Revenue 2017: $2,654,162Expenses 2017: $2,810,680Net Income 2017: -$156,5182017Revenue 2018: $3,298,993Expenses 2018: $3,055,331Net Income 2018: $243,6622018Revenue 2019: $3,849,697Expenses 2019: $3,657,505Net Income 2019: $192,1922019Revenue 2020: $3,258,387Expenses 2020: $3,183,134Net Income 2020: $75,2532020Revenue 2021: $3,335,644Expenses 2021: $3,194,197Net Income 2021: $141,4472021Revenue 2022: $3,285,326Expenses 2022: $3,338,441Net Income 2022: -$53,1152022Revenue 2023: $4,210,345Expenses 2023: $3,820,898Net Income 2023: $389,4472023Revenue 2024: $5,603,107Expenses 2024: $4,576,283Net Income 2024: $1,026,8242024

Highlighted filing

2024

Revenue$5,603,107
Expenses$4,576,283
Net Income$1,026,824
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,290,325
Liabilities
$2,353,352
Net assets
$2,936,973
Revenue
$5,603,107
Expenses
$4,576,283
Net income
$1,026,824
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.29$2.35$2.94$5.60$4.58$1.03
2023Detailed filing. Detailed filing data is available for this year.$3.97$2.06$1.91$4.21$3.82$0.39
2022Detailed filing. Detailed filing data is available for this year.$3.70$2.18$1.52$3.29$3.34$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.68$1.11$1.57$3.34$3.19$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.70$1.26$1.43$3.26$3.18$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.11$1.75$1.36$3.85$3.66$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.22$2.06$1.16$3.30$3.06$0.24
2017Detailed filing. Detailed filing data is available for this year.$2.68$1.76$0.92$2.65$2.81$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.39$1.32$1.08$2.37$2.35$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.03$0.98$1.06$2.31$2.10$0.21
2014Detailed filing. Detailed filing data is available for this year.$2.08$1.23$0.84$2.31$1.96$0.35
2013Detailed filing. Detailed filing data is available for this year.$1.56$1.06$0.49$2.13$1.90$0.22
2012Summary only. Only limited summary data is available for this year.$1.54$1.27$0.27$2.05$1.95$0.10
2011Summary only. Only limited summary data is available for this year.$1.65$1.48$0.17$2.07$1.97$0.09
2010Summary only. Only limited summary data is available for this year.$1.21$1.13$0.08$1.70$1.83$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 10, 2025
Return Version
2024v5.2
Gross Receipts
$5,645,142
Mission and Program Overview

Mission

The erisa industry committee (eric) was formed to promote and advance the common interest and welfare of large employers who establish and maintain employee benefit plans (representing solely the perspective of large plan sponsors). It is the only national association that advocates exclusively for large employers on health, retirement, and compensation public policies at the federal, state, and local levels.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$910,280$1,843,782▲ $933,502
Cash and Non-Interest-Bearing Accounts$1,744,495$1,818,800▲ $74,305
Accounts Receivable$591,032$1,201,267▲ $610,235
Prepaid Expenses and Deferred Charges$99,283$103,907▲ $4,624
Land, Buildings, and Equipment, Net$12,389$4,487▼ $7,902
Total Assets$3,967,857$5,290,325▲ $1,322,468
Other Assets Total$610,378$318,082▼ $292,296
Liabilities
Deferred Revenue$1,295,000$1,550,000▲ $255,000
Other Liabilities$632,323$666,355▲ $34,032
Accounts Payable and Accrued Expenses$130,385$136,997▲ $6,612
Total Liabilities$2,057,708$2,353,352▲ $295,644
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,451,422$1,644,169▲ $192,747
Net Assets With Donor Restrictions$458,727$1,292,804▲ $834,077
Total Net Assets Fund Balance$1,910,149$2,936,973▲ $1,026,824
Total Liabilities and Net Assets / Fund Balance$3,967,857$5,290,325▲ $1,322,468

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,569$49,029$50,598
Leasehold Improvements$2,918$11,672$14,590
Other Assets Org$318,082--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James GelfandPresident & CEOFT$425,000$183,000$608,000
Melissa BartlettSVP, Health PolicyFT$301,696$98,841$400,537
Andrew BanducciSVP, Retirement & Comp. PolicyFT$301,449$84,124$385,573
Kathleen Carr-smithChief Operating OfficerFT$219,190$68,723$287,913
Dillon ClairDir., State Advocacy & LitigationFT$126,000$29,792$155,792
Christina StrogisDir., Health Policy & Federal AffairsFT$125,363$14,343$139,706

Board Members and Trustees

NameTitle
Joe PitraChair
Jeni ChihVice Chair
John HickeyVice Chair
Alan SefcikDirector
Ben JacksonDirector
Bob SheplerDirector
Carmilla TanDirector
Clare VerplankDirector
Cynthia RadovichDirector
Emily CaseyDirector
Erik SossaDirector
Garrett FentonDirector
Gordon HarmanDirector
Gregory MarchandDirector
Jessica McnamaraDirector
Judy FennimoreDirector
Karen LightDirector
Kathleen PhillipsDirector
Kevin CovertDirector
Megan ThielDirector
Mindy FeldmanDirector
Nicole CurtisDirector
Pam PriceDirector
William JohnsenDirector
Susan FlemingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Plus Communications LLCPublic Relations Services3001 WASHINGTON BLVD 7TH FLOOR, Arlington, VA 22201$620,000
Jennings Policy StrategiesGovernment Relations Consultant601 13TH ST NW SUITE 630N, Washington, DC 20005$152,500
Revenue and Support

Revenue Composition

Contributions and Grants
$2,274,104
Program Service Revenue
$3,297,934
Investment Income
$31,069
Other Revenue
$0
All Other Contributions
$2,274,104
Change in Net Assets
$1,026,824

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,603,107
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$42,035
Total Revenue per Audited Statements
$5,645,142
Total Revenue per Form 990
$5,603,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,379,952
Other Expenses$2,190,331
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,416,235
Fees for Services Other---$763,183
Current Officers, Directors, Trustees, and Key Employees---$608,000
Fees for Services Legal---$344,939
Occupancy---$268,571
Fees for Services Lobbying---$260,680
Pension Plan Contributions---$150,121
Advertising---$140,490
Payroll Taxes---$115,846
Other Employee Benefits---$89,750
Information Technology---$88,283
Fees for Services Accounting---$79,429
Conferences and Meetings---$58,398
Travel---$31,960
Office Expenses---$27,920
Insurance---$22,753
Depreciation Depletion---$7,902
Other Expenses---$6,173
Grants to Domestic Orgs---$6,000
Total Functional Expenses$0$0$0$4,576,283

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,618,318
Expenses per Audited Statements$4,576,283
Total Expenses per Form 990$4,576,283
Expenses Not Reported on Form 990$42,035
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$260,680
Total Nondeductible Lobbying and Political Cost$-440,279
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$333,891
Refundable Advances$328,964
Security Deposit$3,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Eric has one class of membership.”

Form 990, Part VI, Section A, Line 7A

“Eric by-laws state that, at each annual meeting, each member is entitled to one vote for each director to be elected at that meeting.”

Form 990, Part VI, Section A, Line 7B

“Eric by-laws state that, a proposed merger of the corporation with one or more other corporations and any proposed amendment of these by-laws to alter this section 4.07(e) requires approval of at least two-thirds of the votes cast by members pursuant to section 4.07(c) of the article iv, provided that the number of such votes cast in the affirmative equals or exceeds the number of votes that would be required to approve the merger (or the by-law amendment) at a meeting of members at which a quorum was present.”

Form 990, Part VI, Section B, Line 11B

“Eric's form 990 is prepared by an independent outside accounting firm, reviewed by senior management, then e-mailed to its governing body for review and comment. After the review and comment period, the form 990 is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Eric's conflict of interest policy is disseminated annually to all members of eric's governing body, officers, and employees. Each director, officer, and employee is required to affirm in writing that he/she has read the conflict of interest policy and agrees to disclose current or potential conflicts, if any. If the chair or the president, as the case may be, finds an arrangement to be harmful or potentially harmful to eric, the individual is informed that the arrangement is not approved and the individual does not enter into the arrangement (or, if the arrangement is already in effect, the individual terminates the arrangement).”

Form 990, Part VI, Section B, Line 15

“Eric's executive committee reviews salary data of comparable positions in similar organizations as well as salary surveys, forms 990, and other employee compensation and benefit data and approves the compensation of eric's president/ceo and employees. Eric's executive committee is comprised of representatives of member companies and are independent of any paid staff. The most recent salary review was conducted in april 2024.”

Form 990, Part VI, Section C, Line 19

“Eric makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Erisa Industry Committee
EIN
52-1077961
Phone
2027891400
Address
701 8TH STREET NW 610, WASHINGTON, DC 20001

Signing Officer

Name
James Gelfand
Title
President & CEO
Phone
2027891400
Signed
2025-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Gelfand
Formed
1976
Legal Domicile
Dc
Voting Board Members
25
Independent Board Members
25
Employees
9
Volunteers
25

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Janna C Goudarzi
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Research & special project 605,000. Hr services 20,957. Government affairs 137,226.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Sublease expenses reported as an expense on the audited 42,035. Financial statements and netted against revenue on form 990, part viii, line 6b”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Sublease expenses reported as an expense on the audited 42,035. Financial statements and netted against revenue on form 990, part viii, line 6b”

Raw XML AppendixShowing 400 of 653 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm9GARRETT FENTON
IRS990/Form990PartVIISectionAGrp/PersonNm10GORDON HARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11BEN JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm12WILLIAM JOHNSEN
IRS990/Form990PartVIISectionAGrp/PersonNm13KAREN LIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm14GREGORY MARCHAND
IRS990/Form990PartVIISectionAGrp/PersonNm15JESSICA MCNAMARA
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IRS990/Form990PartVIISectionAGrp/PersonNm17PAM PRICE
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IRS990/Form990PartVIISectionAGrp/PersonNm19ALAN SEFCIK
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IRS990/Form990PartVIISectionAGrp/PersonNm24CLARE VERPLANK
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IRS990/Form990PartVIISectionAGrp/PersonNm29DILLON CLAIR
IRS990/Form990PartVIISectionAGrp/PersonNm30CHRISTINA STROGIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt26SVP, HEALTH POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt27SVP, RETIREMENT & COMP. POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIR., STATE ADVOCACY & LITIGATION
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIR., HEALTH POLICY & FEDERAL AFFAIRS
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IRS990/MissionDesc0THE ERISA INDUSTRY COMMITTEE (ERIC) WAS FORMED TO PROMOTE AND ADVANCE THE COMMON INTEREST AND WELFARE OF LARGE EMPLOYERS WHO ESTABLISH AND MAINTAIN EMPLOYEE BENEFIT PLANS (REPRESENTING SOLELY THE PERSPECTIVE OF LARGE PLAN SPONSORS). IT IS THE ONLY (CONTINUED ON SCHEDULE O)NATIONAL ASSOCIATION THAT ADVOCATES EXCLUSIVELY FOR LARGE EMPLOYER PLAN SPONSORS ON HEALTH, RETIREMENT, PAID LEAVE, AND COMPENSATION PUBLIC POLICIES AT THE FEDERAL, STATE, AND LOCAL LEVELS.
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