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 12/2022, International Brotherhood Of Electrical Workers employed 69 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 $12.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $12.0m during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 4 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 RELATIONS BETWEEN MEMBERS AND EMPLOYERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALARIES PAID
ALL OTHER FUNCTIONAL EXPENSES
BENEFITS PAID
PAYROLL TAXES PAID
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcie Obremski Business Manager | Officer | 40 | $206,203 |
Doug Tansy U102 Assistant Business Manager | 40 | $179,019 | |
Ryan Andrew Assistant Business Manager | 40 | $175,902 | |
Rodney Hesson U103 Assistant Business Manager | 40 | $169,889 | |
Bob Clay U102 Business Representative | 40 | $167,799 | |
Dennis Knebel Dispatcher | 40 | $166,079 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $11,400,431 |
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 | $11,400,431 |
Total Program Service Revenue | $0 |
Investment income | $293,730 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $103,811 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $5,778 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,032,826 |
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. | $354,224 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,199,970 |
Pension plan accruals and contributions | $1,004,419 |
Other employee benefits | $990,956 |
Payroll taxes | $354,611 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,724 |
Fees for services: Accounting | $74,974 |
Fees for services: Lobbying | $60,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $32,328 |
Fees for services: Other | $109,147 |
Advertising and promotion | $259,900 |
Office expenses | $288,276 |
Information technology | $147,171 |
Royalties | $0 |
Occupancy | $301,710 |
Travel | $200,375 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $120,247 |
Interest | $0 |
Payments to affiliates | $268,592 |
Depreciation, depletion, and amortization | $264,823 |
Insurance | $98,910 |
All other expenses | $510,287 |
Total functional expenses | $11,958,362 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,559 |
Savings and temporary cash investments | $1,158,769 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $972,504 |
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 | $23,786 |
Net Land, buildings, and equipment | $5,083,230 |
Investments—publicly traded securities | $8,677,669 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $41,591 |
Total assets | $15,963,108 |
Accounts payable and accrued expenses | $763,172 |
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 | $366,172 |
Total liabilities | $1,129,344 |
Net assets without donor restrictions | $14,833,764 |
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 | $15,963,108 |