Intenational Brotherhood Of Electrical Workers is located in Kansas City, MO. 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 12/2023, Intenational Brotherhood Of Electrical Workers employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Intenational 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, Intenational Brotherhood Of Electrical Workers generated $516.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $612.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. 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
BETTERMENT OF WAGES, BENEFITS OF IBEW LOCAL 412 WORKING CONDITIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETTERMENT OF WAGES, BENEFITS OF IBEW LOCAL 412 AND WORKING CONDITIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy S Blanchard President | OfficerTrustee | 5 | $16,580 |
Donald Garrett Vice President | OfficerTrustee | 2 | $7,092 |
Ronald G Miller Jr Recording Secretary | OfficerTrustee | 2 | $5,926 |
Theresa Harris Treasurer | OfficerTrustee | 2 | $5,926 |
Christopher D Wilson Business Manager | OfficerTrustee | 40 | $133,638 |
Casey R Baker Executive Board | Trustee | 1 | $3,668 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $496,212 |
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 | $496,212 |
Total Program Service Revenue | $0 |
Investment income | $20,349 |
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 | $516,561 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $288,276 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $43,687 |
Other employee benefits | $25,525 |
Payroll taxes | $22,863 |
Fees for services: Management | $0 |
Fees for services: Legal | $33,051 |
Fees for services: Accounting | $450 |
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 | $34,725 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,812 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,300 |
Interest | $0 |
Payments to affiliates | $115,746 |
Depreciation, depletion, and amortization | $10,915 |
Insurance | $1,556 |
All other expenses | $11,924 |
Total functional expenses | $612,550 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,261 |
Savings and temporary cash investments | $137,499 |
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 | $273,357 |
Investments—publicly traded securities | $992,635 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,405,752 |
Accounts payable and accrued expenses | $6,844 |
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 | $6,844 |
Net assets without donor restrictions | $1,398,908 |
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 | $1,405,752 |