International Brotherhood Of Electrical Workers is located in Massena, NY. 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 06/2023, International Brotherhood Of Electrical Workers employed 10 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 06/2023, International Brotherhood Of Electrical Workers generated $500.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $585.9k during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BETTER THE CONDITION OF THOSE EMPLOYED AND DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THEIR RESPECTIVE OCCUPATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DUES ARE ESSENTIAL TO REPRESENT MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Brown Business Man | Trustee | 40 | $3,300 |
Benjamin Murtagh President | Officer | 5 | $3,000 |
Jason Chilton Vp/treasurer | Officer | 5 | $2,700 |
John Gray Financial Se | Officer | 5 | $2,400 |
Jason Jochem Chairman | Officer | 5 | $2,400 |
Michael Scranton Unit Chairma | Officer | 5 | $2,400 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $494,079 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,531 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $497,610 |
Total Program Service Revenue | $0 |
Investment income | $3,144 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$316 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $500,438 |
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. | $19,050 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,999 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,606 |
Fees for services: Management | $0 |
Fees for services: Legal | $24,247 |
Fees for services: Accounting | $5,375 |
Fees for services: Lobbying | $18,200 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $500 |
Office expenses | $15,680 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,575 |
Travel | $86,150 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,338 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,490 |
Insurance | $2,822 |
All other expenses | $23,628 |
Total functional expenses | $585,904 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,817 |
Savings and temporary cash investments | $108,919 |
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 | $40,616 |
Investments—publicly traded securities | $101,772 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $276,124 |
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 | $21,206 |
Total liabilities | $21,206 |
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 | $254,918 |
Total liabilities and net assets/fund balances | $276,124 |