International Brotherhood Of Electrical Workers

Organization Overview

International Brotherhood Of Electrical Workers is located in Cicero, NY. 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 15 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 $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $6.1m during the year ending 12/2021. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO NEGOTIATE UNION CONTRACTS FOR MEMBERS AND PLACE MEMBERS IN WORK FORCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO NEGOTIATE UNION CONTRACTS FOR MEMBERS AND PLACE MEMBERS IN WORK FORCE.


TO NEGOTIATE UNION CONTRACTS FOR MEMBERS AND PLACE MEMBERS IN WORK FORCE.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Lawrence
Business Man
$260,057
Dennis R Morgan
Asst Busines
$218,652
David Beatty
President
$201,721
Eugene Bailey
Membership D
$192,413
Colby Czajak
Asst Busines
$192,413
Timothy Daley
Membership D
$192,413

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,210,487
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$1,210,487
Total Program Service Revenue$12,028,368
Investment income $2,852,990
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $144,191
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,434,081

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