International Brotherhood Of Electrical Workers is located in Phoenix, AZ. The organization was established in 1966. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brotherhood Of Electrical Workers is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, International Brotherhood Of Electrical Workers generated $237.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $327.4k during the year ending 06/2022. While expenses have increased by 11.9% 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
TO PROVIDE LIFE, ACCIDENT & DISABILITY BENEFITS TO PARTICIPANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LIFE, ACCIDENT AND SHORT TERM DISABILITY BENEFITS TO PARTICIPANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Cunningham Trustee | Trustee | 1 | $0 |
Robert Carrillo Trustee | Trustee | 1 | $0 |
Scott Olsen Trustee | Trustee | 1 | $0 |
Eric Lauriha Trustee | Trustee | 1 | $0 |
Jeremy Fletchall Trustee | Trustee | 1 | $0 |
Rod Enders Trustee | Trustee | 1 | $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 | $68,603 |
Investment income | $11,404 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $157,798 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $237,805 |
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 | $222,825 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $64,929 |
Fees for services: Legal | $1,581 |
Fees for services: Accounting | $20,112 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,050 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,742 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $201 |
All other expenses | $0 |
Total functional expenses | $327,440 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $39,380 |
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 | $0 |
Investments—publicly traded securities | $754,511 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $793,891 |
Accounts payable and accrued expenses | $22,536 |
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 | $45,196 |
Total liabilities | $67,732 |
Net assets without donor restrictions | $0 |
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 | $726,159 |
Total liabilities and net assets/fund balances | $793,891 |
Organization Name | Assets | Revenue |
---|---|---|
Operating Engineers Union 3 Pensioned Health & Welfare Fund Alameda, CA | $267,164,659 | $118,212,622 |
Santa Monica Unite Here Health Benefit Plan Los Angeles, CA | $90,475,217 | $108,535,750 |
Eighth District Electrical Benefit Las Vegas, NV | $118,392,460 | $100,887,270 |
Stationary Engineers Welfare Fund Pleasanton, CA | $174,720,411 | $105,937,986 |
California Field Iron Worker Vacation Tr Fund Pasadena, CA | $33,176,478 | $91,008,100 |
Sheet Metal Workers Welfare Plan Of Southern California Arizona Nevada Manhattan Beach, CA | $161,487,270 | $91,427,512 |
Utu-Mta Trust Fund Irwindale, CA | $103,224,136 | $100,821,442 |
Ibew-Neca Sound And Communications Health And Welfare Tr San Jose, CA | $87,357,845 | $69,280,417 |
Northern California Pipe Trades Health & Welfare Tr Concord, CA | $122,732,113 | $75,126,154 |
Entertainment Industry Flex Plan los angeles, CA | $193,245,632 | $100,768,658 |
Teamsters Local 631 Security Fund Las Vegas, NV | $229,160,459 | $79,828,969 |
East Bay Drayage Drivers Security Walnut Creek, CA | $71,254,325 | $78,936,100 |