International Brotherhood Of Electrical Workers is located in Joplin, 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 12/2021, International Brotherhood Of Electrical Workers employed 2 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 12/2021, International Brotherhood Of Electrical Workers generated $424.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $497.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LOCAL UNION NEGOTIATES LABOR AGREEMENTS WHICH IS DEFINED WAGES AND CONDITIONS OF EMPLOYMENT WITH VARIOUS EMPLOYERS FOR ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL UNION NEGOTIATES LABOR AGREEMENTS WHICH IS DEFINED WAGES AND CONTRIBUTIONS OF EMPLOYMENT WITH VARIOUS EMPLOYEES FOR ITS MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Shumate Treasurer | OfficerTrustee | 1 | $0 |
Scott Simonds President | OfficerTrustee | 5 | $0 |
Tom Souder Vice President | OfficerTrustee | 1 | $0 |
Chris Baker Business Manager | OfficerTrustee | 50 | $0 |
Jacob Souder Exec Board | Trustee | 1 | $0 |
Chris Stephens Exec Board | Trustee | 1 | $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 | $417,243 |
Investment income | $7,015 |
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 | $424,258 |
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. | $100,053 |
Compensation of current officers, directors, key employees. | $30,766 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $49,019 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $58,426 |
Payroll taxes | $11,646 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,235 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,431 |
Fees for services: Other | $0 |
Advertising and promotion | $520 |
Office expenses | $17,429 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,401 |
Travel | $8,616 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $37,468 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,479 |
Insurance | $4,388 |
All other expenses | $23,489 |
Total functional expenses | $497,278 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $546,385 |
Savings and temporary cash investments | $697,601 |
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 | $128,794 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $177,297 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,550,077 |
Accounts payable and accrued expenses | $1,154 |
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 | $1,154 |
Net assets without donor restrictions | $0 |
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 | $1,548,923 |
Total liabilities and net assets/fund balances | $1,550,077 |
Organization Name | Assets | Revenue |
---|---|---|
Illinois Agricultural Association Bloomington, IL | $66,126,421 | $53,830,805 |
United Brotherhood Of Carpenters & Joiners Of America Chicago, IL | $110,214,946 | $45,299,424 |
International Union Of Operating Engineers 150 Countryside, IL | $120,458,084 | $50,201,834 |
American Angus Association St Joseph, MO | $50,847,076 | $46,663,578 |
International Brotherhood Of Boilermakers Iron Ship Builders Kansas City, KS | $76,307,712 | $54,566,227 |
Chicago Federation Teachers Union Chicago, IL | $16,308,443 | $32,429,863 |
Service Employees International Union Local 1 Chicago, IL | $12,557,999 | $30,120,260 |
The Gulf Coast Carpenters And Millwright Health Trust Goodlettsville, TN | $68,909,377 | $33,780,534 |
Pipe Fitters Training Fund Mokena, IL | $67,804,506 | $30,663,437 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Chicago, IL | $44,527,924 | $24,662,061 |
American Federation Of Teachers Westmont, IL | $27,833,532 | $25,589,628 |
International Brotherhood Of Electrical Workers Chicago, IL | $61,202,131 | $32,517,419 |