International Brotherhood Of Electrical Workers
- Assets
- $149.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Silverdale, WA
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 91-0267930
Organization Overview
International Brotherhood Of Electrical Workers, operating under the name Local 574, is located in Silverdale, WA. 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, Local 574 employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 574 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, Local 574 generated $198.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $215.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LABOR ORGANIZATION
Describe the Organization's Program Activity:
Part 3
TO DEFEND OUR WORKERS' RIGHTS AND ADVANCE OUR INTERESTS AS ELECTRICAL WORKERS BY ALL LAWFUL MEANS.
TO ADVANCE THE PRINCIPLES AND PRACTICES OF CONCILIATION AND TO PROTECT AND AID OUR UNEMPLOYED, DISTRESSED, AND SICK MEMBERS.
REPRESENT FEDERAL SERVICE ELECTRICAL WORKERS WITH REGARDS TO WAGES, BENEFITS, AND WORKING CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tera Wittner Office Administrator | 38 | $61,596 | |
William D Tyler President/business Manager | 40 | $3,787 | |
Jacqueline A Brady Vice President | 2 | $3,675 | |
Michael C Cobey Executive Board Member | 2 | $2,220 | |
Jeffery S Johnsen President And Business Manager | 40 | $2,096 | |
Daniel E Mjelde Financial Secretary | 2 | $614 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,642 |
| Membership dues | $169,933 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,644 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $89,901 |
| Salaries, other compensation, and employee benefits | $93,552 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,246 |
| Printing, publications, postage, and shipping | $2,239 |
| Other expenses | $23,388 |
| Total expenses | $215,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,266 |
| Other assets | $0 |
| Total assets | $149,266 |
| Total liabilities | $1,685 |
| Net assets or fund balances | $147,581 |