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. 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 $8.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
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 SKILLS FOR ELECTRICAL WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Williams Business Manager | 40 | $153,795 | |
Steve Burkhart President | Officer | 2 | $134,481 |
Kyle Neuenschwander Business Rep | 40 | $133,282 | |
Allen Dixon Business Rep | 40 | $133,282 | |
Chad Mcgregor Business Rep | 40 | $133,282 | |
Benjamin Bush Business Rep | 40 | $133,282 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lytle Const Builder | 12/30/20 | $3,341,713 |
Blake & Uhlig Legal | 12/30/20 | $117,892 |
Awards & T Shirt Specialist Promotional Vendor | 12/30/20 | $110,751 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,675,888 |
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 | $7,675,888 |
Total Program Service Revenue | $0 |
Investment income | $269,369 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $356,471 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,681,568 |
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. | $1,397,411 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $100,567 |
Pension plan accruals and contributions | $377,013 |
Other employee benefits | $255,223 |
Payroll taxes | $117,018 |
Fees for services: Management | $0 |
Fees for services: Legal | $71,182 |
Fees for services: Accounting | $61,963 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $99,296 |
Fees for services: Other | $0 |
Advertising and promotion | $174,139 |
Office expenses | $69,951 |
Information technology | $14,780 |
Royalties | $0 |
Occupancy | $0 |
Travel | $55,458 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $81,711 |
Interest | $0 |
Payments to affiliates | $1,105,954 |
Depreciation, depletion, and amortization | $115,764 |
Insurance | $3,667 |
All other expenses | $374,109 |
Total functional expenses | $4,972,865 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300 |
Savings and temporary cash investments | $371,193 |
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 | $607,954 |
Investments—publicly traded securities | $17,517,606 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,354,239 |
Total assets | $22,851,292 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $10,433,267 |
Net assets with donor restrictions | $12,418,025 |
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 | $22,851,292 |