International Brotherhood Of Electrical Workers
- Assets
- $120.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, KY
- Founding
- 04/1967
- Data as of
- 06/2023
- EIN
- 61-0400732
Organization Overview
International Brotherhood Of Electrical Workers is located in Somerset, KY. 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 $86.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $78.8k during the year ending 06/2023. While expenses have increased by 18.7% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Bales E-Board | 0.5 | $1,296 | |
Shaun Campbell President | 7.5 | $15,218 | |
Jackie Davidson Vice Preside | 0.5 | $1,445 | |
Kevin Isom Treasurer | 2.5 | $6,347 | |
Ryan Kirby Recording Se | 0.5 | $1,911 | |
Mike Lee E-Board | 0.5 | $896 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $86,435 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,482 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,546 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $680 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,131 |
| Total expenses | $78,787 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,525 |
| Other assets | $0 |
| Total assets | $120,525 |
| Total liabilities | $2,658 |
| Net assets or fund balances | $117,867 |