International Brotherhood Of Electrical Workers is located in Crystal Springs, MS. 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 12/2021, International Brotherhood Of Electrical Workers employed 3 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 12/2021, International Brotherhood Of Electrical Workers generated $443.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $474.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF MEMBERS' WELFARE BY ASSISTING ALL MEMBERS IN OBTAINING AND/OR RETAINING EMPLOYMENT AT ADEQUATE WAGES AND CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED ALL MEMBERS IN OBTAINING AND/OR RETAINING EMPLOYMENT AT ADEQUATE WAGES AND CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Matthews Bus. Mgr/fin | Officer | 40 | $123,500 |
David Killingsworth Asst. Bus. M | Officer | 40 | $113,140 |
Keith Gordon Treasurer | Officer | 1 | $180 |
Chris Elkins President | Officer | 1 | $0 |
Chris Berch Recording Se | Officer | 1 | $0 |
Thomas Parsons Executive Bo | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $12,000 |
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 | $12,000 |
Total Program Service Revenue | $379,637 |
Investment income | $53,445 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,417 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $443,665 |
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 | $600 |
Compensation of current officers, directors, key employees. | $254,407 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,187 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,457 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,001 |
Fees for services: Accounting | $10,925 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,878 |
Advertising and promotion | $0 |
Office expenses | $5,435 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,000 |
Travel | $2,300 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $357 |
Interest | $0 |
Payments to affiliates | $107,305 |
Depreciation, depletion, and amortization | $4,223 |
Insurance | $6,519 |
All other expenses | $0 |
Total functional expenses | $474,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,144 |
Savings and temporary cash investments | $28,707 |
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 | $1,759 |
Investments—publicly traded securities | $674,268 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $482 |
Total assets | $716,360 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $716,360 |
Net assets with donor restrictions | $0 |
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 | $716,360 |