International Brotherhood Of Electrical Workers
- Assets
- $1.0m
- Revenue
- $605.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Monroe, LA
- Founding
- 04/1967
- Data as of
- 06/2021
- EIN
- 72-0187842
Organization Overview
International Brotherhood Of Electrical Workers is located in Monroe, LA. 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 06/2021, International Brotherhood Of Electrical Workers employed 4 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 06/2021, International Brotherhood Of Electrical Workers generated $605.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $437.1k during the year ending 06/2021. While expenses have increased by 1.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FIND WORK FOR THIS LABOR ORGANIZATION'S MEMBERS AND TO PROVIDE A RETIREMENT FUND FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ASSISTANCE IN FINDING JOBS FOR MEMBERS AND PROVIDED HEALTH CARE AND RETIREMENT BENEFITS TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Brown President | OfficerTrustee | $0 | |
Kenneth Green Busn Manager | OfficerTrustee | $0 | |
Steven Schmidt Rec Secretar | OfficerTrustee | $0 | |
Mike Newton Treasurer | OfficerTrustee | $0 | |
Todd Young Chairman | OfficerTrustee | $0 | |
Trey Reeves Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,987 |
| Investment income | $3,828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $134,453 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,121 |
| Pension plan accruals and contributions | $46,342 |
| Other employee benefits | $23,171 |
| Payroll taxes | $2,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,449 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,159 |
| Advertising and promotion | $7,528 |
| Office expenses | $31,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,805 |
| Travel | $2,208 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,029 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,975 |
| Insurance | $10,384 |
| All other expenses | $0 |
| Total functional expenses | $437,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,508 |
| Savings and temporary cash investments | $489,062 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $175 |
| Total assets | $1,047,628 |
| Accounts payable and accrued expenses | $43,350 |
| 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 | $4,051 |
| Total liabilities | $47,401 |
| 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 | $1,000,227 |
| Total liabilities and net assets/fund balances | $1,000,227 |
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