International 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 06/2022, International Brotherhood Of Electrical Workers employed 106 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 06/2022, International Brotherhood Of Electrical Workers generated $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $7.5m during the year ending 06/2022. 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
NEGOTIATING ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES A UNIFIED NEGOTIATING ORGANIZATION FOR ITS MEMBERS AND PROMOTES THE IMPROVEMENT OF JOB CONDITIONS AND SKILL FOR ELECTRICAL WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Fuentes Fincial Secretary | Officer | 40 | $122,419 |
Christopher Heegn Business Agent | 40 | $113,001 | |
Jose Sustaita Business Agent | 40 | $113,001 | |
Roger Lake Business Agent | 40 | $108,923 | |
John Fennesy Business Mgr | Officer | 40 | $72,623 |
Joseph Moreno Business Manager | Officer | 40 | $61,719 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $9,302,289 |
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 | $9,302,289 |
Total Program Service Revenue | $0 |
Investment income | $569,500 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $164,008 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,138,009 |
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 | $154,245 |
Compensation of current officers, directors, key employees. | $464,559 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,595,710 |
Pension plan accruals and contributions | $345,415 |
Other employee benefits | $458,099 |
Payroll taxes | $207,418 |
Fees for services: Management | $0 |
Fees for services: Legal | $51,781 |
Fees for services: Accounting | $49,556 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $83,055 |
Fees for services: Other | $0 |
Advertising and promotion | $416,661 |
Office expenses | $354,166 |
Information technology | $128,553 |
Royalties | $0 |
Occupancy | $0 |
Travel | $96,213 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $45,961 |
Interest | $0 |
Payments to affiliates | $140,623 |
Depreciation, depletion, and amortization | $452,596 |
Insurance | $14,400 |
All other expenses | $2,066,810 |
Total functional expenses | $7,479,007 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $760 |
Savings and temporary cash investments | $2,771,265 |
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 | $2,733,863 |
Investments—publicly traded securities | $24,051,536 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $29,557,424 |
Accounts payable and accrued expenses | $271,968 |
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 | $271,968 |
Net assets without donor restrictions | $29,018,751 |
Net assets with donor restrictions | $266,705 |
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 | $29,557,424 |