International Brotherhood Of Electrical Workers

Organization Overview

International Brotherhood Of Electrical Workers, operating under the name Ibew Local Union 852, is located in Corinth, 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 12/2023, Ibew Local Union 852 employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ibew Local Union 852 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2023, Ibew Local Union 852 generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $828.1k during the year ending 12/2023. While expenses have increased by 5.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE AND PROMOTE THE PROFESSIONAL KNOWLEDGE SNF TECHNICAL COMPETENCE, SO THAT THEY MAY PROVIDE BETTR AND SAFER WORKING CONDITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATE AND PROMOTE THE PROFESSIONAL KNOWLEDGE AND TECHNICAL COMPETENCE, SO THAT THEY MAY PROVIDE BETTER AND SAFER WORKING CONDITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
David C Murrah
Financial Se
$94,872
Christopher Yarber
Executive Di
$76,320
Tony Johnson
President
$74,876
Randy Sumler
Retired Dire
$37,720
Jeffery Barnes
Vice Preside
$704
Joseph Howell
Executive Di
$704

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Charles Hutson
Building Maintenance
$960
Southern Sweepers Lawn Care Inc
Building Maintenance
$2,056
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$953,435
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,478
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$954,913
Total Program Service Revenue$0
Investment income $86
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,311
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,213
Miscellaneous Revenue$0
Total Revenue $1,002,227

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