International Brotherhood Of Electrical Workers is located in Wellsville, 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. 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 12/2022, International Brotherhood Of Electrical Workers generated $68.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $64.1k during the year ending 12/2022. While expenses have increased by 6.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE LAST CALENDAR DAY, 12/31/22, OUR MEMBERSHIP WITHIN L.U. 696 REPRESENTED A TOTAL OF 79 MEMBERS: INCLUDING OFFICERS, EXECUTIVE BOARD MEMBERS, STEWARDS, AND ALL OTHER MEMBERS. WE SUCCESSFULLY REPRESENTED EVERY EMPLOYEE ACCORDING TO THE AGREEMENT BETWEEN IBEW L.U. 696 & THE OHIO POWER COMPANY. IN DOING SO, WE COULD GUARANTEE A SAFE AND EQUITABLE WORKPLACE BY MAKING SURE THE WELFARE & WAGES OF OUR MEMBERSHIP, AS AGREED UPON IN OUR BARGAINED CONTRACT, WAS ADHERED TO BY ALL PARTIES INVOLVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Gruszecki Treasurer | 8 | $3,117 | |
Greg Verhovec Business Manager | 10 | $3,000 | |
Jeffery Prokopakis President - Past | 6 | $2,858 | |
Lee Grafton Financial Secretary | 4 | $2,020 | |
Kevin Costlow Union Steward | 4 | $1,188 | |
Cullen Ebbert V.president - Workers' Comp Rep | 4 | $1,004 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $67,462 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $893 |
Total Revenue | $68,360 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,632 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $450 |
Other expenses | $19,627 |
Total expenses | $64,104 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,410 |
Other assets | $0 |
Total assets | $71,410 |
Total liabilities | $0 |
Net assets or fund balances | $71,410 |