International Brotherhood Of Electrical Workers is located in Harrisburg, PA. 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 12/2023, International Brotherhood Of Electrical Workers employed 29 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 12/2023, International Brotherhood Of Electrical Workers generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND INCREASE WORK OPPORTUNITIES IN THE ORGANIZED ELECTRICAL CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND INCREASE WORK OPPORTUNITIES IN THE ORGANIZED ELECTRICAL CONSTRUCTION INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Yinger Jr Bug Mgr. & Fs Trustee | Trustee | 50 | $99,178 |
Eric B Rhan Executive Board | Trustee | 2 | $661 |
Eric Hollenbach Executive Board | Trustee | 2 | $705 |
Nick Wieger Executive Board | Trustee | 2 | $719 |
Troy R Woodward Executive Board | Trustee | 2 | $500 |
Tim Moist Executive Board | Trustee | 2 | $751 |
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 | $1,618,802 |
Investment income | $101,382 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$6,493 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,718,073 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $27,830 |
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. | $504,186 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $53,626 |
Pension plan accruals and contributions | $26,370 |
Other employee benefits | $20,377 |
Payroll taxes | $30,641 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,170 |
Fees for services: Accounting | $16,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,685 |
Fees for services: Other | $0 |
Advertising and promotion | $15,387 |
Office expenses | $37,509 |
Information technology | $2,580 |
Royalties | $0 |
Occupancy | $67,418 |
Travel | $8,203 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,264 |
Interest | $0 |
Payments to affiliates | $252,281 |
Depreciation, depletion, and amortization | $32,428 |
Insurance | $7,834 |
All other expenses | $0 |
Total functional expenses | $1,196,338 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,129 |
Savings and temporary cash investments | $1,486,942 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $107,761 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,685 |
Net Land, buildings, and equipment | $345,072 |
Investments—publicly traded securities | $751,306 |
Investments—other securities | $890,683 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,404 |
Total assets | $3,640,982 |
Accounts payable and accrued expenses | $99,175 |
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 | $0 |
Total liabilities | $99,175 |
Net assets without donor restrictions | $3,541,807 |
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 | $3,640,982 |