International Brotherhood Of Electrical Workers
- Assets
- $107.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 04/1967
- Data as of
- 06/2023
- EIN
- 57-6034116
Organization Overview
International Brotherhood Of Electrical Workers is located in Myrtle Beach, SC. The organization was established in 1967. 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 06/2023, International Brotherhood Of Electrical Workers generated $46.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $39.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) 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
2023
Describe the Organization's Program Activity:
Part 3
LABOR-MANAGEMENT NEGOTIATIONS OF EMPLOYMENT CONTRACTBENEFITTING 54 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Turner Exec Board | 1 | $100 | |
Royce Mcollister Recording Secretary | 1 | $740 | |
Timothy Groves Treasurer | 1 | $550 | |
Troy Strickland President | 4 | $7,507 | |
Robert Atkinson Exec Board | 1 | $0 | |
Harold Bennett Exec Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,692 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,692 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,204 |
| Salaries, other compensation, and employee benefits | $23,108 |
| Professional fees and other payments to independent contractors | $3,410 |
| Occupancy, rent, utilities, and maintenance | $1,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,276 |
| Total expenses | $39,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,149 |
| Other assets | $0 |
| Total assets | $107,149 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,149 |