International Brotherhood Of Electrical Workers
- Assets
- $34.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 08/1940
- Data as of
- 12/2023
- EIN
- 41-6008030
Organization Overview
International Brotherhood Of Electrical Workers is located in Roseville, 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. 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 $80.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $75.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THIS IS A ASSOCIATION OF WORKERS THAT COME TOGETHER TO PROMOTE THE SAFETY, HEALTHY WORKING CONDITIONS, QUALITY OF WORK BEING COMPLETED, AND HELP WITH BETTER TRAINING FOR THE FUTURE OF THIER CRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loren Levens President | 4 | $1,132 | |
Joshua Simmer Vice President/ Recording Sec. | 4 | $915 | |
Jeffery Hegg Comm. Chairman | 6 | $2,163 | |
Joel Magnuson Financial Secretary | 6 | $2,135 | |
Patrick Bahe Treasurer | 6 | $2,527 | |
Matt Meihofer President (new) | 4 | $569 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,774 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,595 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $271 |
| Total expenses | $75,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,855 |
| Other assets | $0 |
| Total assets | $34,855 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,855 |