International Brotherhood Of Electrical Workers is located in Longview, TX. 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 12/2022, 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)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Brotherhood Of Electrical Workers generated $279.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $332.6k during the year ending 12/2022. 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
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy J Burrow Bus Mgr-Fin Sec | Officer | 40 | $105,685 |
Michael W Henry President | Officer | 10 | $34,122 |
Daniel A Dunnavant Treasurer | Officer | 1 | $720 |
Lisa Whitten Recording Sec | Officer | 1 | $420 |
Ronald L Goen Executive Board | Trustee | 1 | $245 |
James E Morrow Executive Board | Trustee | 1 | $70 |
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 | $260,415 |
Investment income | $1,425 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,925 |
Net Gain/Loss on Asset Sales | -$5,063 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $279,064 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
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. | $141,332 |
Compensation of current officers, directors, key employees. | $74,662 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,800 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $24,309 |
Payroll taxes | $10,436 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,984 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,027 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,341 |
Travel | $21,206 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $823 |
Interest | $0 |
Payments to affiliates | $95,647 |
Depreciation, depletion, and amortization | $255 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $332,611 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,395 |
Savings and temporary cash investments | $1,060 |
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 | $1,685 |
Investments—publicly traded securities | $61,157 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $72,297 |
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 | $3,674 |
Total liabilities | $3,674 |
Net assets without donor restrictions | $68,623 |
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 | $72,297 |