International Brotherhood Of Electrical Workers
- Assets
- $118.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, SD
- Founding
- 08/1940
- Data as of
- 12/2021
- EIN
- 46-6014903
Organization Overview
International Brotherhood Of Electrical Workers is located in Watertown, SD. 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 $134.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $127.6k during the year ending 12/2021. While expenses have increased by 1.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ELECTRICAL WORKERS UNION ORGANIZED TO ASSURE FAIR AND EQUITABLE TREATMENT OF LICENSED ELECTRICIANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Holmstrom Business Manager | 40 | $33,241 | |
James Weiss Treasurer | 5 | $9,135 | |
Paul Eiler President And Gcc1 Rep | 5 | $3,350 | |
Mike Paup Recording Secretary | 1 | $609 | |
Tim Ahlers Executive Board | 1 | $0 | |
Kerry Kilen Executive Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $134,310 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,332 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,995 |
| Professional fees and other payments to independent contractors | $537 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $278 |
| Other expenses | $76,833 |
| Total expenses | $127,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,455 |
| Other assets | $0 |
| Total assets | $118,455 |
| Total liabilities | $592 |
| Net assets or fund balances | $117,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Minnesota St Paul, MN | $66,283,893 | $38,243,817 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |
International Union Of Operating Engineers Minneapolis, MN | $24,562,358 | $20,752,936 |
Minnesota Teamsters Construction Division Fringe Benefit Funds Mendota Heights, MN | $30,866,404 | $23,683,343 |
Minnesota Nurses Association St Paul, MN | $18,618,225 | $17,502,340 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
Carpenters And Joiners Apprenticeship And Journeymen St Paul, MN | $20,144,324 | $15,253,021 |
Service Employees International Union St Paul, MN | $3,226,378 | $12,392,421 |
Pipe Trades Health Care Services Inc White Bear Lake, MN | $1,989,770 | $11,324,397 |
State Law Enforcement Bargaining Council Lincoln, NE | $2,341,726 | $11,227,567 |
International Brotherhood Of Teamsters Blaine, MN | $9,219,386 | $11,430,169 |