International Brotherhood Of Electrical Workers is located in Indianapolis, IN. 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 06/2021, International Brotherhood Of Electrical Workers employed 13 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 06/2021, International Brotherhood Of Electrical Workers generated $937.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $760.2k during the year ending 06/2021. While expenses have increased by 1.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BARGAINING AGENT SEEKING PROPER WORKING CONDITIONS, PAY LEVELS, AND BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BARGAINING AGENT SEEKING PROPER WORKING CONDITIONS, PAY LEVELS, AND BENEFITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Mcfarland Business Mgr | Officer | 40 | $128,061 |
Rick Napier Asst. Busin.mgr | Officer | 40 | $114,092 |
Dawn Breedlove Business Admin | 40 | $67,762 | |
Karen Woodall Asst. Business | 16 | $26,818 | |
Mark A Chestnut Eboard | Trustee | 1 | $373 |
Dean Hacker Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $21,419 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $937,344 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $282,629 |
Compensation of current officers, directors, key employees. | $242,526 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $94,580 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $25,767 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,675 |
Fees for services: Accounting | $30,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,918 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,172 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $633 |
Insurance | $13,846 |
All other expenses | $0 |
Total functional expenses | $760,238 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $373,038 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $98,910 |
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 | $4,156 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,416,520 |
Total assets | $1,892,671 |
Accounts payable and accrued expenses | $70,718 |
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 | $70,718 |
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 |
Total liabilities and net assets/fund balances | $1,821,953 |