International Brotherhood Of Electrical Workers is located in St Paul, MN. 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 07/2022, International Brotherhood Of Electrical Workers employed 14 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 07/2022, International Brotherhood Of Electrical Workers generated $659.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $589.8k during the year ending 07/2022. 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
TO PROMOTE AND SUPPORT ITS MEMBERS IN EVERY WAY POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION AND SUPPORT OF UNION MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael H Hoppe President | OfficerTrustee | 10 | $14,766 |
Jonathon Jacobson Business Man | Officer | 50 | $8,475 |
Ventura Hernandez Treasurer | OfficerTrustee | 1 | $2,958 |
John Marzitelli Recording Se | OfficerTrustee | 1 | $2,958 |
Jacob Espeseth Vice Preside | OfficerTrustee | 1 | $1,102 |
John Byboth Board Member | Trustee | 1 | $1,012 |
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 | $638,768 |
Investment income | $17,765 |
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 | $659,884 |
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 | $0 |
Compensation of current officers, directors, key employees. | $32,097 |
Compensation of current officers, directors, key employees. | $3,211 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $272,077 |
Pension plan accruals and contributions | $65,940 |
Other employee benefits | $48,179 |
Payroll taxes | $21,467 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,386 |
Fees for services: Accounting | $7,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,013 |
Advertising and promotion | $0 |
Office expenses | $15,478 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,600 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,712 |
Interest | $0 |
Payments to affiliates | $20,044 |
Depreciation, depletion, and amortization | $992 |
Insurance | $2,940 |
All other expenses | $0 |
Total functional expenses | $589,771 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $278,789 |
Savings and temporary cash investments | $951,963 |
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 | $496 |
Investments—publicly traded securities | $3,449 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,444 |
Total assets | $1,236,141 |
Accounts payable and accrued expenses | $15,064 |
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 | $15,064 |
Net assets without donor restrictions | $1,221,077 |
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 | $1,236,141 |
Organization Name | Assets | Revenue |
---|---|---|
Education Minnesota St Paul, MN | $66,283,893 | $38,243,817 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |
International Union Of Operating Engineers Minneapolis, MN | $24,562,358 | $20,752,936 |
Minnesota Teamsters Construction Division Fringe Benefit Funds Mendota Heights, MN | $30,866,404 | $23,683,343 |
Minnesota Nurses Association St Paul, MN | $18,618,225 | $17,502,340 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
Carpenters And Joiners Apprenticeship And Journeymen St Paul, MN | $20,144,324 | $15,253,021 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union St Paul, MN | $3,226,378 | $12,392,421 |
Wisconsin Fox River Valley Sheet Metal Workers Welfare Trust Waukesha, WI | $17,147,311 | $12,962,825 |
Pipe Trades Health Care Services Inc White Bear Lake, MN | $1,989,770 | $11,324,397 |