International Brotherhood Of Electrical Workers
- Assets
- $10.9m
- Revenue
- $3.1m
- Investments
- $8.4m
- Employees
- 17
- Location
- Boise, ID
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 82-0096816
Organization Overview
International Brotherhood Of Electrical Workers is located in Boise, ID. 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 17 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 $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 8.7% 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 PROMOTE BY ALL PROPER MEANS THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT ITS MEMBERSHIP BY SEEING THAT JOBS ARE SECURED WHEN AVAILABLE AND THAT CONTRACTS ARE ADHERED TO BY BOTH MANAGEMENT AND LABOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Redman Board President | OfficerTrustee | 40 | $89,700 |
Kelly Billings Board Vice President | OfficerTrustee | 5 | $2,072 |
Rob Lawrence Board Vice President (ending 6/22) | OfficerTrustee | 5 | $4,434 |
Ronald Lawson Board Recording Secretary | OfficerTrustee | 5 | $1,607 |
Mark Zaleski Financial Secretary/business Manager | OfficerTrustee | 40 | $103,291 |
Cody Smith Treasurer | OfficerTrustee | 5 | $4,316 |
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 | $2,700,463 |
| Investment income | $339,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$26,986 |
| Net Gain/Loss on Asset Sales | $58,620 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,964 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,079,924 |
| 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. | $404,234 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,603 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,237 |
| Payroll taxes | $39,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,647 |
| Fees for services: Accounting | $23,407 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,338 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,991 |
| Office expenses | $81,429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $52,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,021 |
| Insurance | $23,450 |
| All other expenses | $29,711 |
| Total functional expenses | $1,713,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,504 |
| Savings and temporary cash investments | $1,812,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $291,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,569 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $338,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,391,609 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,911,506 |
| Accounts payable and accrued expenses | $67,938 |
| 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 | $0 |
| Total liabilities | $67,938 |
| Net assets without donor restrictions | $10,843,568 |
| 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 | $10,911,506 |