International Brotherhood Of Electrical Workers
- Assets
- $314.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merritt Island, FL
- Founding
- 08/1940
- Data as of
- 12/2021
- EIN
- 59-6133820
Organization Overview
International Brotherhood Of Electrical Workers is located in Merritt Island, FL. 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. 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 12/2021, International Brotherhood Of Electrical Workers generated $190.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $170.2k during the year ending 12/2021. While expenses have increased by 3.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LABOR ORGANIZATION - ELECTRICAL WORKERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sexton President | 15 | $5,184 | |
Thomas Connors Vice President | 15 | $2,880 | |
Michele Macdonald Recording Secretary | 15 | $2,880 | |
Jeremy Welch Treasurer | 15 | $2,880 | |
Evan Bossinger Financial Secretary | 15 | $2,688 | |
Larry Bryan Financial Secretary | 15 | $1,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $190,546 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,546 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,115 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,521 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,521 |
| Total expenses | $170,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $314,024 |
| Other assets | $0 |
| Total assets | $314,024 |
| Total liabilities | $0 |
| Net assets or fund balances | $314,024 |
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