International Brotherhood Of Electrical Workers
- Assets
- $73.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waynesboro, VA
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 54-0836156
Organization Overview
International Brotherhood Of Electrical Workers is located in Waynesboro, VA. 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 12/2022, International Brotherhood Of Electrical Workers generated $15.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
REPRESENTING MEMBERS OF UNION LOCAL 1950 IN ALL WAGE AND LABOR ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Schull President | 0 | $0 | |
James Lofton President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,399 |
| Investment income | $291 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,602 |
| Professional fees and other payments to independent contractors | $2,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $8,011 |
| Total expenses | $12,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,321 |
| Other assets | $0 |
| Total assets | $73,321 |
| Total liabilities | $97 |
| Net assets or fund balances | $73,224 |