International Brotherhood Of Electrical Workers
- Assets
- $36.7m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Augusta, GA
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 58-0537573
Organization Overview
International Brotherhood Of Electrical Workers is located in Augusta, 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 12/2022, International Brotherhood Of Electrical Workers employed 7 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 12/2022, International Brotherhood Of Electrical Workers generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION - ITS PURPOSE IS TO ORGANIZE WORKERS OF THE ELECTRICAL INDUSTRY IN THE AUGUSTA, GA. GEORAPHICAL AREA, TO PROMOTE INDUSTRY AND EMPLOYEE COOPERARTION, TO SETTLE DISPUTES, TO SECURE EMPLOYEMNT FOR ITS MEMBERS, AND TO SECURE ADEQUATE PAY AND JOB SECURITY FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PER CAPITA TAX - AMOUNTS PAID TO INT'L OFFICE IN WASHINGTON, DC & TO GA AFL-CIO IN ATLANTA, GA FOR MEMBERS' DUES FROM MEMBERS PMTS. (1,216 MEMBERS) -PART IX, LINE 21
PENSION PLAN CONTRIBUTIONS - AMOUNTS PAID ON BEHALF OF UNION MEMBERS TO THE ESCROWED - AUGUSTA CHAPTER OF NECA RECEIVING & ADMINSTRATION FUND- PART IX, LINE 8
OTHER SALARIES & WAGES - WAGES PAID TO UNION OFFICE PERSONNEL TO ADMINISTER UNION OPERATION & MEMBER NEEDS - PART IX, LNS 7, 9 & 10
COMPENSATION OFFICERS & DIRECTORS - WAGES, EXPENSE ALLOWANCE & EXP. REIMBURSEMENTS TO CARRY OUT LOCAL UNION BUSINESS & MANAGE UNION'S ASSETS & ACTIVITIES - PART IX, LINE 5
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George W Salters Financial Se | Trustee | 40 | $132,628 |
Robert M Greene President | Officer | 40 | $103,621 |
Anthony Brian Giles Executive Bo | Trustee | 1 | $19,924 |
Chandra Fussell Executive Bo | Trustee | 1 | $15,989 |
Alonzo Ingram Vice Preside | Officer | 1 | $8,012 |
Otis Sexton Treasurer | Officer | 1 | $6,726 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,702,699 |
| 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 | $9,702,699 |
| Total Program Service Revenue | $0 |
| Investment income | $236,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $24,823 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,011,940 |
| 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. | $301,192 |
| Compensation of current officers, directors, key employees. | $301,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $364,775 |
| Pension plan accruals and contributions | $223,506 |
| Other employee benefits | $15,320 |
| Payroll taxes | $42,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $342 |
| Fees for services: Accounting | $14,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,402 |
| Fees for services: Other | $0 |
| Advertising and promotion | $102,628 |
| Office expenses | $94,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,688 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,362 |
| Interest | $0 |
| Payments to affiliates | $575,079 |
| Depreciation, depletion, and amortization | $26,435 |
| Insurance | $0 |
| All other expenses | $9,239 |
| Total functional expenses | $2,279,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $17,143,909 |
| 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 | $6,007 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $97,790 |
| Investments—publicly traded securities | $8,444,308 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,974,005 |
| Total assets | $36,666,319 |
| Accounts payable and accrued expenses | $146,556 |
| 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 | $146,556 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $28,787,176 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $7,732,587 |
| Total liabilities and net assets/fund balances | $36,666,319 |