International Brotherhood Of Electrical Workers is located in Fort Worth, TX. 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. As of 12/2021, International Brotherhood Of Electrical Workers employed 13 individuals. 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 $816.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $736.3k during the year ending 12/2021. While expenses have increased by 2.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phyllis Goines Bus Mgr/fin Sec | 40 | $89,424 | |
Joshua Worthey Bus Mgr/fin Sec | Officer | 40 | $67,527 |
Jedon Shinpaugh Recording Sec | Officer | 1 | $3,263 |
John Adair Executive Board | Trustee | 1 | $1,586 |
Lisa Box President | Officer | 1 | $1,560 |
Gary Hill Executive Board | 1 | $1,370 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $806,837 |
Investment income | $5,579 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,759 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$2,936 |
Miscellaneous Revenue | $0 |
Total Revenue | $816,256 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $168,786 |
Compensation of current officers, directors, key employees. | $137,396 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $79,897 |
Pension plan accruals and contributions | $39,806 |
Other employee benefits | $40,920 |
Payroll taxes | $17,507 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,468 |
Fees for services: Accounting | $12,725 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $25,798 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,608 |
Travel | $7,262 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,664 |
Interest | $0 |
Payments to affiliates | $299,390 |
Depreciation, depletion, and amortization | $5,520 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $736,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $111,077 |
Savings and temporary cash investments | $289,531 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,460 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $28,803 |
Investments—publicly traded securities | $117,416 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,350 |
Total assets | $550,637 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,915 |
Total liabilities | $1,915 |
Net assets without donor restrictions | $548,722 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $550,637 |
Organization Name | Assets | Revenue |
---|---|---|
Allied Pilots Association Fort Worth, TX | $98,558,024 | $53,047,183 |
Agreement Of Trust For Maritime Association - Ila Welfare And Vaca Houston, TX | $47,363,623 | $44,090,450 |
American Quarter Horse Association Amarillo, TX | $56,795,984 | $54,877,643 |
Southwest Airlines Pilots Association Dallas, TX | $35,619,107 | $25,287,414 |
Martin Sprocket & Gear Inc Voluntary Employees Beneficiary Arlington, TX | $688,823 | $22,383,358 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Tulsa, OK | $168,376,027 | $14,876,020 |
International Longshoremens Association Webster, TX | $13,367,855 | $12,394,447 |
Texas State Teachers Association Austin, TX | $19,090,132 | $12,831,856 |
Transport Workers Union Of America Dallas, TX | $6,072,391 | $10,500,954 |
West Gulf Maritime Association Houston, TX | $11,105,022 | $10,778,910 |
American Paint Horse Association Fort Worth, TX | $23,408,879 | $13,171,062 |
Association Of Professional Flight Attendants Euless, TX | $20,400,009 | $11,611,119 |