International Brotherhood Of Electrical Workers is located in Phoenix, AZ. 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 06/2022, International Brotherhood Of Electrical Workers employed 18 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 06/2022, International Brotherhood Of Electrical Workers generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 9.9% 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
LABOR ORGANIZING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A LABOR UNION ORGANIZED UNDER AN INTERNATIONAL CHARTER TO PROVIDE BENEFITS FOR MEMBERS AND TO REPRESENT THEM IN LABOR NEGOTIATIONS. THE UNION HAD APPROXIMATELY 2,701 MEMBERS AT JUNE 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dean Wine Bus Mgr/fin Sec | OfficerTrustee | 40 | $107,270 |
Delbert Hawk President | OfficerTrustee | 40 | $91,378 |
Richard Stewart Treasurer | OfficerTrustee | 40 | $91,378 |
Tim Wilson Exec Board | Trustee | 40 | $91,378 |
Gregory Kelly Exec Board | Trustee | 1 | $58,050 |
Jeremy Uhl Rec Sec | Trustee | 1 | $3,287 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Oswego Creative Advertising | 6/29/22 | $0 |
Sportsaz360 Llc Advertising | 6/29/22 | $0 |
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 | $6,787,746 |
Investment income | $343,994 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $378,081 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,599,709 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,633,589 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $53,552 |
Compensation of current officers, directors, key employees. | $566,078 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $871,934 |
Pension plan accruals and contributions | $156,522 |
Other employee benefits | $156,423 |
Payroll taxes | $100,554 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,259 |
Fees for services: Accounting | $17,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $108,829 |
Fees for services: Other | $0 |
Advertising and promotion | $518,401 |
Office expenses | $143,982 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,547 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $1,149,981 |
Depreciation, depletion, and amortization | $44,736 |
Insurance | $48,347 |
All other expenses | $46,248 |
Total functional expenses | $6,350,065 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,087,273 |
Savings and temporary cash investments | $1,615,415 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $554,830 |
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 | $16,725 |
Net Land, buildings, and equipment | $148,184 |
Investments—publicly traded securities | $8,921,898 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,538,550 |
Total assets | $15,882,875 |
Accounts payable and accrued expenses | $207,900 |
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 | $1,283,337 |
Total liabilities | $1,491,237 |
Net assets without donor restrictions | $14,320,526 |
Net assets with donor restrictions | $71,112 |
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 | $15,882,875 |
Over the last fiscal year, International Brotherhood Of Electrical Workers has awarded $26,500 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Phoenix, AZ PURPOSE: Donation | $11,000 |
Kennesaw, GA PURPOSE: Donation | $8,000 |
Spring Hill, TN PURPOSE: Donation | $7,500 |