Local 968 I B E W Building Association is located in Parkersburg, WV. The organization was established in 1971. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Local 968 I B E W Building Association is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Local 968 I B E W Building Association generated $56.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $33.9k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FACILITIES FOR IBEW LOCAL UNION 968 TO CARRY OUT THEIR EXEMPT FUNCTIONS IN REGARDS TO UNION CONTRACTORS AND THE PROMOTION OF QUALITY WORKMANSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorne Mills Financial Se | 0 | $0 | |
Thomas L Carpenter President | 0 | $0 | |
James A Burkhammer Vice Preside | 0 | $0 | |
Emily Lumpkin Recording Se | 0 | $0 | |
David E Anderson Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $56,284 |
Membership dues | $0 |
Investment income | $12 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,296 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,547 |
Occupancy, rent, utilities, and maintenance | $14,261 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,074 |
Total expenses | $33,882 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,949 |
Other assets | $0 |
Total assets | $423,516 |
Total liabilities | $278,395 |
Net assets or fund balances | $145,121 |