International Brotherhood Of Electrical Workers is located in North Hollywood, CA. 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 12/2021, International Brotherhood Of Electrical Workers employed 10 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 $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 4.3% 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
TO UNITE MEMBERS IN A MANNER TO PROMOTE ECONOMIC ADVANTAGES AND WORKING CONDITIONS THROUGH THE COLLECTIVE BARGAINING PROCESS AND RAISE JOB AWARENESS WITHIN THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE MEMBERS IN A MANNER TO PROMOTE ECONOMIC ADVANTAGES AND WORKING CONDITIONS THROUGH THE COLLECTIVE BARGAINING PROCESS AND RAISE JOB AWARENESS WITHIN THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marc B Flynn Bus. Mgr./fin. Sec'y | OfficerTrustee | 45 | $163,831 |
Stephan R Davis Vice President | Trustee | 45 | $129,807 |
Juan M Rodriguez Jr Rec. Secretary/organizer | Trustee | 45 | $63,979 |
Don Easy President/organizer-Past | OfficerTrustee | 45 | $51,448 |
Peter Diamond Org. Bus. Development | Trustee | 45 | $27,811 |
John Torosian Executive Board | Trustee | 1 | $3,192 |
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 | $10 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10 |
Total Program Service Revenue | $1,670,876 |
Investment income | $2,657 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,820,541 |
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 | $15,370 |
Compensation of current officers, directors, key employees. | $541,049 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $302,256 |
Pension plan accruals and contributions | $35,849 |
Other employee benefits | $53,401 |
Payroll taxes | $58,390 |
Fees for services: Management | $0 |
Fees for services: Legal | $29,808 |
Fees for services: Accounting | $18,180 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,966 |
Advertising and promotion | $0 |
Office expenses | $51,583 |
Information technology | $34,279 |
Royalties | $0 |
Occupancy | $12,000 |
Travel | $17,476 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $934 |
Interest | $0 |
Payments to affiliates | $418,950 |
Depreciation, depletion, and amortization | $7,023 |
Insurance | $37,728 |
All other expenses | $0 |
Total functional expenses | $1,718,113 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $330,980 |
Savings and temporary cash investments | $345,910 |
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 | $67,875 |
Investments—publicly traded securities | $48,492 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,315 |
Total assets | $806,572 |
Accounts payable and accrued expenses | $0 |
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 | $42,220 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,804 |
Total liabilities | $49,024 |
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 | $757,548 |
Total liabilities and net assets/fund balances | $806,572 |