International Brotherhood Of Electrical Workers is located in Saint Joseph, MO. The organization was established in 1953. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, International Brotherhood Of Electrical Workers employed 3 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 12/2023, International Brotherhood Of Electrical Workers generated $873.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $743.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE AND PROVIDE REPRESENTATION FOR MEMBERS OF THE LOCAL UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE ORGANIZED ELECTRICAL CONSTRUCTION INDUSTRY WITHIN THE JURISDICTION OF IBEW LOCAL 545 BY SUCH MEANS THROUGH THE USE OF THE ELECTRICAL INDUSTRY ADVANCEMENT PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Robinson Business Manager | Officer | 40 | $93,065 |
Brandon Osteen President | Officer | 2 | $0 |
Chayse Adams Vice President | Officer | 2 | $0 |
Jason Brennan Treasurer | Officer | 2 | $0 |
Brett Finney Recording Secretary | Officer | 2 | $0 |
Dj Adams E-Board | Trustee | 2 | $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 | $848,686 |
Investment income | $19,124 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,290 |
Net Gain/Loss on Asset Sales | $354 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $873,586 |
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. | $97,095 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $170,069 |
Pension plan accruals and contributions | $59,622 |
Other employee benefits | $48,683 |
Payroll taxes | $20,528 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,936 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,869 |
Office expenses | $13,043 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,243 |
Travel | $7,004 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,714 |
Interest | $0 |
Payments to affiliates | $161,299 |
Depreciation, depletion, and amortization | $23,421 |
Insurance | $16,330 |
All other expenses | $17,492 |
Total functional expenses | $743,632 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $550 |
Savings and temporary cash investments | $895,807 |
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 | $61,845 |
Investments—publicly traded securities | $232,780 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $275 |
Total assets | $1,191,257 |
Accounts payable and accrued expenses | $0 |
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 | $2,527 |
Total liabilities | $2,527 |
Net assets without donor restrictions | $1,188,730 |
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 | $1,191,257 |