International Brotherhood Of Electrical Workers
- Assets
- $10.5m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 90
- Location
- Albuquerque, NM
- Founding
- 08/1940
- Data as of
- 06/2023
- EIN
- 85-0069129
Organization Overview
International Brotherhood Of Electrical Workers is located in Albuquerque, NM. 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 06/2023, International Brotherhood Of Electrical Workers employed 90 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 06/2023, International Brotherhood Of Electrical Workers generated $7.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $5.9m during the year ending 06/2023. While expenses have increased by 7.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION FORMED IN ALBUQUERQUE, NM FOR THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS IN THE STATE OF NEW MEXICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION FORMED IN ALBUQUERQUE, NM FOR THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS IN THE STATEOF NEW MEXICO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Trujillo Bus Mgr/fin Sec | OfficerTrustee | 40 | $110,593 |
Baudilio Baca Vice President | OfficerTrustee | 40 | $89,834 |
Jason Bowers Secretary | OfficerTrustee | 1 | $89,834 |
Alfonso Martinez President | OfficerTrustee | 1 | $7,368 |
Mark Trujillo Treasurer | OfficerTrustee | 1 | $4,739 |
Julio Vigil Exec Board | Officer | 15 | $2,515 |
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 | $6,688,112 |
| Investment income | $160,782 |
| 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 | $6,981,020 |
| 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 | $50,091 |
| Compensation of current officers, directors, key employees. | $425,935 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,433,387 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $625,938 |
| Payroll taxes | $273,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74,436 |
| Fees for services: Accounting | $18,802 |
| 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 | $274,007 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $226,015 |
| Travel | $76,316 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199,096 |
| Interest | $0 |
| Payments to affiliates | $1,150,391 |
| Depreciation, depletion, and amortization | $94,792 |
| Insurance | $21,947 |
| All other expenses | $40,412 |
| Total functional expenses | $5,870,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $812,125 |
| Savings and temporary cash investments | $7,634,671 |
| 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 | $244,227 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,854,877 |
| Total assets | $10,545,900 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $10,433,761 |
| Net assets with donor restrictions | $112,139 |
| 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 | $10,545,900 |