International Brotherhood Of Electrical Workers
- Assets
- $3.2m
- Revenue
- $1.2m
- Investments
- $1.7m
- Employees
- 5
- Location
- Gulfport, MS
- Founding
- 04/1967
- Data as of
- 06/2022
- EIN
- 64-0214195
Organization Overview
International Brotherhood Of Electrical Workers is located in Gulfport, MS. 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. As of 06/2022, International Brotherhood Of Electrical Workers employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Electrical Workers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, International Brotherhood Of Electrical Workers generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 6.6% 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
TO TRAIN PEOPLE IN THE ELECTRICAL FIELD TO BE ELECTRICIANS. THIS ORGANIZATION OPERATES AS A LABOR UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TRAIN PEOPLE TO BECOME FINISHED ELECTRICAL WORKERS UNDER THE GUIDELINES OF THE ELECTRICAL UNION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Newman President | Officer | 0 | $0 |
Christopher Flowers Recording Sec | Officer | 0 | $0 |
Dennis Weiland Treasurer | Officer | 0 | $0 |
Brian Mcmurry Business Manage | Trustee | 40 | $0 |
Gerald Lott Executive Board | Trustee | 0 | $0 |
Brain Shaw Executive Board | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,130,763 |
| Investment income | $29,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,280 |
| Net Gain/Loss on Asset Sales | -$13,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,199,805 |
| 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. | $80,609 |
| Compensation of current officers, directors, key employees. | $80,609 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $293,415 |
| Pension plan accruals and contributions | $26,304 |
| Other employee benefits | $92,961 |
| Payroll taxes | $28,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,373 |
| Fees for services: Other | $2,650 |
| Advertising and promotion | $27,471 |
| Office expenses | $49,548 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,962 |
| Insurance | $22,253 |
| All other expenses | $136,212 |
| Total functional expenses | $1,302,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $615,897 |
| Savings and temporary cash investments | $0 |
| 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 | $955,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,668,832 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102 |
| Total assets | $3,239,836 |
| 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 | $1,959 |
| Total liabilities | $1,959 |
| Net assets without donor restrictions | $0 |
| 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 | $3,237,877 |
| Total liabilities and net assets/fund balances | $3,239,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Brotherhood Of Electrical Workers 915 Welfare Fun Goodlettsville, TN | $17,727,769 | $11,477,457 |
Alabama Farmers Federation Inc Montgomery, AL | $51,185,897 | $13,567,426 |
Plumbers & Steamfitters Local Union 150 Health & Welfare Goodlettsville, TN | $6,353,856 | $10,517,997 |
International Brotherhood Of Electrical Wkrs Union 480 & Jackso Byram, MS | $9,318,697 | $7,560,977 |
United Food And Commercial Workers International Union Cordova, TN | $3,446,763 | $4,586,854 |
Local 52 Short Term Disability Montgomery, AL | $9,234,847 | $4,578,415 |
State Fair Of Louisiana Shreveport, LA | $3,327,018 | $5,273,223 |
American Sugar Cane League Of The Usa Inc Thibodaux, LA | $8,757,811 | $5,474,297 |
Retail Wholesale & Department Store Union Birmingham, AL | $9,051,942 | $3,888,720 |
International Brotherhood Of Electrical Workers Chattanooga, TN | $5,627,102 | $4,035,532 |
Louisiana Municipal Association Baton Rouge, LA | $16,047,250 | $3,401,861 |
Business Council Of Alabama Montgomery, AL | $6,299,957 | $4,034,605 |