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. 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 $285.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $279.9k during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BARGAINING AGENT SEEKING PROPER WORKER CONDITIONS, PAY LEVELS, AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BARGAINING AGENT SEEKING PROPER WORKER CONDITIONS, PAY LEVELS, AND BENEFITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Caylor Business Mgr | Officer | 40 | $146,823 |
Robert Mccloud President | Officer | 10 | $0 |
Jeffrey S Bales Vice President | Officer | 10 | $0 |
Ricky Mendoza Treasurer | Officer | 10 | $0 |
Scott Herring Rec Secretary | Officer | 10 | $0 |
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 | $285,164 |
Investment income | $10 |
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 | $285,174 |
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 | $77,918 |
Compensation of current officers, directors, key employees. | $146,823 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,719 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,120 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,192 |
Fees for services: Accounting | $6,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $125 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $966 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $794 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,596 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $360 |
Insurance | $500 |
All other expenses | $6,225 |
Total functional expenses | $279,903 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $77,840 |
Savings and temporary cash investments | $97,250 |
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 | $1,350 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1 |
Total assets | $176,441 |
Accounts payable and accrued expenses | $21,307 |
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 | $21,307 |
Net assets without donor restrictions | $155,134 |
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 | $176,441 |