International Brotherhood Of Electrical Workers

Organization Overview

International Brotherhood Of Electrical Workers is located in Collegeville, 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 06/2022, International Brotherhood Of Electrical Workers employed 20 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 06/2022, International Brotherhood Of Electrical Workers generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 4.8% 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.

Since 2016, International Brotherhood Of Electrical Workers has awarded 13 individual grants totaling $451,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 126 (THE LOCAL) IS ORGANIZED TO REPRESENT ITS MEMBERS IN LABOR AND CONTRACT NEGOTIATIONS WITH CONTRACTORS EMPLOYING ITS MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 126 (THE LOCAL) IS ORGANIZED TO REPRESENT ITS MEMBERS IN LABOR AND CONTRACT NEGOTIATIONS WITH CONTRACTORS EMPLOYING ITS MEMBERSHIP.


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Financial Statements

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$8,732,792
Investment income $678,947
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,165
Net Gain/Loss on Asset Sales $27,207
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,440
Miscellaneous Revenue$0
Total Revenue $9,510,188

Grants Awarded

Over the last fiscal year, International Brotherhood Of Electrical Workers has awarded $55,000 in support to 2 organizations.

Grant RecipientAmount

IBEW PAC

PURPOSE: PROVIDE FINANCIAL SUPPORT

$50,000

FOOD BANK OF DELAWARE

Org PageRecipient Profile

Newark, DE

PURPOSE: PROVIDE FINANCIAL SUPPORT

$5,000
View Grant Profile

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