Ibew Local 1253neca Labor Management Cooperation Committee
- Assets
- $264.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, ME
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 01-6161079
Organization Overview
Ibew Local 1253neca Labor Management Cooperation Committee is located in Newport, ME. The organization was established in 2002. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Ibew Local 1253neca Labor Management Cooperation Committee is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Ibew Local 1253neca Labor Management Cooperation Committee generated $90.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $115.3k during the year ending 06/2022. While expenses have increased by 18.5% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF ELECTRICAL WORK AND LOCAL IBEW 1253 IN THE STATE OF MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Fraser Trustee | 1 | $0 | |
Shawn Chandler Trustee | 1 | $0 | |
Nicolas Paquet Trustee | 1 | $0 | |
Lescar Beane Trustee | 1 | $0 | |
Kristen Gowen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $90,181 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $230 |
| Professional fees and other payments to independent contractors | $5,753 |
| Occupancy, rent, utilities, and maintenance | $8,630 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,933 |
| Total expenses | $115,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,243 |
| Other assets | $0 |
| Total assets | $264,122 |
| Total liabilities | $0 |
| Net assets or fund balances | $264,122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Workers Benefit Tr Bath, ME | $2,342,755 | $5,137,717 |
Maine Service Employees Asso Service Employees Int Union L 1989 Augusta, ME | $3,591,196 | $5,032,371 |
International Brotherhood Of Teamsters Manchester, NH | $12,418,174 | $5,467,575 |
International Brotherhood Of Teamsters South Portland, ME | $2,241,404 | $2,683,254 |
Communication Workers Of America Portsmouth, NH | $2,280,154 | $2,827,294 |
International Association Of Machinists & Aerospace Workers Lisbon Falls, ME | $2,216,252 | $2,111,026 |
Business And Industry Association Of Nh Concord, NH | $1,619,808 | $1,470,879 |
International Brotherhood Of Electrical Workers Manchester, ME | $1,757,555 | $1,768,384 |
New Hampshire Automobile Dealers Association Inc Bow, NH | $2,708,649 | $1,317,124 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Augusta, ME | $406,161 | $966,805 |
International Brotherhood Of Electrical Workers Augusta, ME | $316,333 | $763,071 |
International Brotherhood Of Electrical Workers Manchester, NH | $736,136 | $902,787 |