International Brotherhood Of Electrical Workers is located in Newington, CT. The organization was established in 1940. 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 a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Electrical Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, International Brotherhood Of Electrical Workers generated $157.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $167.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE MEMBERS OF LOCAL UNION 1040, IBEW WILL ENDEAVOR TO FOSTER AND NURTURE A PRODUCTIVE WORK ENVIRONMENT THAT PROMOTES THE SPIRIT OF UNITY, AS WELL AS PROVIDE AN ATMOSPHERE THAT RESPECTS THE INDIVIDUAL STRENGTHS OF EACH MEMBER. WE RECOGNIZE THAT EACH MEMBER'S UNIQUE STRENGTHS CONTRIBUTE TO THE OVERALL EFFICIENCY AND STRENGTH OF OUR UNION. BY WORKING COOPERATIVELY WITH MANAGEMENT TO RESOLVE ANY ISSUES, THAT MAY ARISE IN THE EVER-CHANGING BUSINESS ENVIRONMENT, THAT WOULD INTERFERE WITH OUR COMMON GOAL OF PROVIDING ENERGY AND ITS RELATED PRODUCTS BY THE WORKFORCE HEREIN COMPRISED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phillip Stewart Business Manager/ F.s. | 40 | $79,600 | |
William Slavin Treasurer (p) | 2 | $2,243 | |
Shauna Francis President | 1 | $1,177 | |
Donald Mcnamara Recording Secretary | 1 | $550 | |
Yuly Lopez Executive Board/ Steward | 1 | $408 | |
Javier Mendez Executive Board (p) | 1 | $204 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $157,192 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $157,192 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $85,442 |
Professional fees and other payments to independent contractors | $3,771 |
Occupancy, rent, utilities, and maintenance | $9,350 |
Printing, publications, postage, and shipping | $115 |
Other expenses | $20,784 |
Total expenses | $167,297 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,217 |
Other assets | $0 |
Total assets | $88,551 |
Total liabilities | $9,704 |
Net assets or fund balances | $78,847 |
Organization Name | Assets | Revenue |
---|---|---|
Steamfitters Industry Welfare Fund Board Of Trustees Long Island City, NY | $135,023,453 | $84,135,128 |
National Basketball Players Association New York, NY | $362,993,745 | $34,104,485 |
Teamsters Local 237 Administrative Fund New York, NY | $20,889,322 | $64,678,061 |
Massachusetts Teachers Association Quincy, MA | $104,765,133 | $64,981,415 |
Steamfitters Industry Security Benefit Fund Long Island City, NY | $326,665,741 | $52,241,912 |
Joint Industry Board Of The Electrical Industry Flushing, NY | $28,826,269 | $51,807,728 |
American Federation Of State County & Municipal Employees New York, NY | $77,027,109 | $53,363,394 |
New York State Nurses Association New York, NY | $106,360,017 | $53,864,397 |
United Brotherhood Of Carpenters & Joiners Of America Boston, MA | $146,178,722 | $53,186,412 |
Cement & Concrete Workers District Council Welfare Fund Flushing, NY | $115,712,146 | $34,540,506 |
Service Employees International Union Albany, NY | $31,308,144 | $40,993,536 |
Major League Baseball Players Assn New York, NY | $280,679,317 | $145,511,307 |