International Brotherhood Of Electrical Workers

Organization Overview

International Brotherhood Of Electrical Workers, operating under the name Local 1077, is located in Bogalusa, 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 1077 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2022, Local 1077 generated $194.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $204.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ELEVATE THE ECONOMIC POLITICAL AND SOCIAL STANDING OF ALL ELECTRIC WORKERS IN THEIR COMMUNITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS AND MARKET FOR JOBS FOR ELECTRICIANS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$191,551
Fundraising events$100
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,193
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$193,844
Total Program Service Revenue$0
Investment income $287
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 $88
Miscellaneous Revenue$0
Total Revenue $194,219

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