International Brotherhood Of Electrical Workers is located in Smyrna, GA. 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 8 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 $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 4.5% 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
MAINTAIN LABOR RELATIONS AND PROMOTE THE INTEREST OF ITS MEMBERS IN THEIR EMPLOYMENT AS ELECTRICAL WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN LABOR RELATIONS AND PROMOTE THE INTEREST OF ITS MEMBERS IN THEIR EMPLOYMENT AS ELECTRICAL WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Drew Stover Business Manager | Officer | 40 | $165,053 |
Kevin Howell President | Officer | 1 | $1,200 |
Robert Holcomb Executive Board | Officer | 1 | $550 |
Patrick Jackson Executive Board | Officer | 1 | $550 |
Dustin Cochran Executive Board | Officer | 1 | $550 |
Joshua Perry Recording Secretary | Officer | 1 | $500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,631,230 |
Investment income | $14,462 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$9,958 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,643,634 |
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. | $170,153 |
Compensation of current officers, directors, key employees. | $170,153 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $643,087 |
Pension plan accruals and contributions | $135,563 |
Other employee benefits | $64,076 |
Payroll taxes | $63,112 |
Fees for services: Management | $0 |
Fees for services: Legal | $40,064 |
Fees for services: Accounting | $23,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $32,306 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,300 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $102,449 |
Interest | $0 |
Payments to affiliates | $1,207,145 |
Depreciation, depletion, and amortization | $13,924 |
Insurance | $19,343 |
All other expenses | $28,959 |
Total functional expenses | $2,644,658 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,285,740 |
Savings and temporary cash investments | $541,538 |
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 | $32,797 |
Investments—publicly traded securities | $403,171 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $806,789 |
Total assets | $3,070,035 |
Accounts payable and accrued expenses | $364 |
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 | $0 |
Total liabilities | $364 |
Net assets without donor restrictions | $3,068,113 |
Net assets with donor restrictions | $1,558 |
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 | $0 |
Total liabilities and net assets/fund balances | $3,070,035 |