International Brotherhood Of Electrical Workers
- Assets
- $14.7m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 79
- Location
- Seattle, WA
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 91-0267950
Organization Overview
International Brotherhood Of Electrical Workers is located in Seattle, 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, International Brotherhood Of Electrical Workers employed 79 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 $12.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $12.6m during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 6 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 THE MEMBERSHIP QUALITY LABOR CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE THE MEMBERSHIP QUALITY LABOR CONDITIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rex Habner Business Manager | OfficerTrustee | 40 | $192,249 |
Michael J Brown Business Representative | 40 | $164,245 | |
Nicole M Reedy Business Representative | 40 | $172,976 | |
Christopher Henning Business Representative | 40 | $162,010 | |
Jennifer Watson Business Representative | 40 | $170,477 | |
Timothy Barnett Business Representative | 40 | $162,011 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robblee Detwiler Pllp Legal | 12/30/22 | $533,443 |
David A Hannah Esq Legal | 12/30/22 | $144,000 |
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 | $12,459,923 |
| Investment income | $41,226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $303,440 |
| Net Gain/Loss on Asset Sales | $7,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,836,513 |
| 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. | $296,552 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,707,889 |
| Pension plan accruals and contributions | $712,807 |
| Other employee benefits | $586,749 |
| Payroll taxes | $313,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $786,878 |
| Fees for services: Accounting | $49,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $116,364 |
| Fees for services: Other | $19,500 |
| Advertising and promotion | $0 |
| Office expenses | $250,205 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $472,051 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $575,192 |
| Interest | $0 |
| Payments to affiliates | $2,861,617 |
| Depreciation, depletion, and amortization | $420,358 |
| Insurance | $58,083 |
| All other expenses | $508,296 |
| Total functional expenses | $12,564,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,731,882 |
| Savings and temporary cash investments | $3,319,872 |
| 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 | $9,665,821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $14,717,675 |
| Accounts payable and accrued expenses | $469,282 |
| 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 | $1,337,447 |
| Other liabilities | $0 |
| Total liabilities | $1,806,729 |
| Net assets without donor restrictions | $12,910,946 |
| 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 | $14,717,675 |