International Brotherhood Of Electrical Workers
- Assets
- $128.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 11
- Location
- Ft Myers, FL
- Founding
- 02/1959
- Data as of
- 12/2022
- EIN
- 59-0769520
Organization Overview
International Brotherhood Of Electrical Workers is located in Ft Myers, FL. The organization was established in 1959. 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 11 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 $150.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $260.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) 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
ORGANIZED WORKERS IN THE ENTIRE ELECTRICAL IN US INTO LOCAL UNIONS;PROMOTED REASONABLE METHODS OF WORK,CULTIVATED FEELINGS OF FRIENDSHIP,SETTLED DISPUTES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin K Nicholson Business Manager | 40 | $92,352 | |
Gregory K Rison President | 20 | $3,815 | |
Gregory Ostrowski Vice President | 5 | $0 | |
Buffi Singletary Treasurer | 20 | $3,428 | |
Chad Wellman Recording Secretary | 1 | $1,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $150,293 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,293 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $49,896 |
| Salaries, other compensation, and employee benefits | $149,054 |
| Professional fees and other payments to independent contractors | $26,249 |
| Occupancy, rent, utilities, and maintenance | $8,697 |
| Printing, publications, postage, and shipping | $661 |
| Other expenses | $25,450 |
| Total expenses | $260,007 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,361 |
| Other assets | $0 |
| Total assets | $128,241 |
| Total liabilities | $21,585 |
| Net assets or fund balances | $106,656 |