International Brotherhood Of Electrical Workers is located in Anchorage, AK. The organization was established in 1957. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, International Brotherhood Of Electrical Workers employed 62 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 12/2021, International Brotherhood Of Electrical Workers generated $12.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $11.4m during the year ending 12/2021. While expenses have increased by 0.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR RELATIONS BETWEEN MEMBERS AND EMPLOYERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALARIES PAID
BENEFITS PAID
PAYROLL TAXES PAID
ALL OTHER FUNCTIONAL EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcie Obremski Business Manager | Officer | 40 | $183,475 |
Justin Roberts General Counsel | 40 | $174,008 | |
Dennis Knebel Dispatcher | 40 | $170,521 | |
Ryan Andrew Assistant Business Manager | 40 | $168,720 | |
Doug Tansy U102 Assistant Business Manager | 40 | $168,603 | |
Melinda Taylor Communications Director | 40 | $166,648 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $10,891,099 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $250,433 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,141,532 |
Total Program Service Revenue | $0 |
Investment income | $684,404 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $109,986 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $2,374 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,128,397 |
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. | $279,375 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,198,944 |
Pension plan accruals and contributions | $990,362 |
Other employee benefits | $961,598 |
Payroll taxes | $345,300 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,697 |
Fees for services: Accounting | $55,504 |
Fees for services: Lobbying | $50,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $33,594 |
Fees for services: Other | $78,950 |
Advertising and promotion | $330,785 |
Office expenses | $245,262 |
Information technology | $124,433 |
Royalties | $0 |
Occupancy | $266,443 |
Travel | $41,208 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $35,889 |
Interest | $0 |
Payments to affiliates | $259,275 |
Depreciation, depletion, and amortization | $265,308 |
Insurance | $95,292 |
All other expenses | $473,738 |
Total functional expenses | $11,421,572 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,450 |
Savings and temporary cash investments | $1,333,527 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $887,330 |
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 | $8,849 |
Net Land, buildings, and equipment | $5,230,702 |
Investments—publicly traded securities | $10,132,885 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,598,743 |
Accounts payable and accrued expenses | $789,911 |
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 | $332,914 |
Total liabilities | $1,122,825 |
Net assets without donor restrictions | $16,475,918 |
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 | $17,598,743 |