International Brotherhood Of Electrical Workers
- Assets
- $6.3m
- Revenue
- $2.6m
- Investments
- $4.1m
- Employees
- 26
- Location
- Dayton, OH
- Founding
- 08/1940
- Data as of
- 12/2023
- EIN
- 31-0329975
Organization Overview
International Brotherhood Of Electrical Workers is located in Dayton, OH. 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 26 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 $2.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 9 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 ORGANIZE ELECTRICAL WORKERS IN THE ELECTRICAL INDUSTRY AND TO PROMOTE REASONABLE METHODS OF WORK, CULTIVATE FRIENDSHIPS, SEEK A HIGHER STANDARD OF LIVING AND TO ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF THE MEMBERS AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED ELECTRICAL WORKERS IN THE ELECTRICAL INDUSTRY AND CULTIVATED FRIENDSHIPS, ACHIEVED A HIGHER STANDARD OF LIVING AND ELEVATED MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF THE MEMBERS AND THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory J Gust Business Man | Officer | 40 | $117,907 |
Charla A Parker Fin Sec/brdc | Officer | 40 | $78,605 |
Johnny M Morris Assistant Bu | Officer | 40 | $78,605 |
David J Bruce Spec Proj/po | OfficerTrustee | 40 | $78,605 |
Hugh R Camp Member Devel | Officer | 40 | $78,605 |
Catherine L Zelinskas Treasurer | Officer | 8 | $13,152 |
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 | $2,537,130 |
| Investment income | $36,793 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,894 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,621,590 |
| 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 | $11,950 |
| Compensation of current officers, directors, key employees. | $499,165 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,914 |
| Pension plan accruals and contributions | $112,068 |
| Other employee benefits | $83,309 |
| Payroll taxes | $45,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,642 |
| Fees for services: Accounting | $15,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,192 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,639 |
| Office expenses | $33,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $11,765 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $548,192 |
| Depreciation, depletion, and amortization | $6,814 |
| Insurance | $560 |
| All other expenses | $45,779 |
| Total functional expenses | $1,894,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $684,084 |
| Savings and temporary cash investments | $666,375 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $38,138 |
| Investments—publicly traded securities | $747,937 |
| Investments—other securities | $4,143,624 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,936 |
| Total assets | $6,290,094 |
| Accounts payable and accrued expenses | $24,054 |
| 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 | $11,689 |
| Total liabilities | $35,743 |
| Net assets without donor restrictions | $0 |
| 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 | $6,254,351 |
| Total liabilities and net assets/fund balances | $6,290,094 |