International Brotherhood Of Electrical Workers
- Assets
- $49.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hinkley, ME
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 01-0446296
Organization Overview
International Brotherhood Of Electrical Workers is located in Hinkley, ME. 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. 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 $99.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $103.8k during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROTECT MEMBERS OF BARGAINING UNIT, IN ALL FACETS OF LABOR RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lapoint Director | 2 | $220 | |
Scott Rioux Shop Steward | 2 | $1,707 | |
Michael Spooner Financial Secretary | 2 | $1,750 | |
Paul Levasseur Recording Secretary | 2 | $2,547 | |
Paul Griffin Shop Steward | 2 | $1,707 | |
Caleb Simpson Director | 2 | $220 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $98,044 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,706 |
| Total Revenue | $99,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $28,050 |
| Salaries, other compensation, and employee benefits | $24,170 |
| Professional fees and other payments to independent contractors | $21,997 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $29,501 |
| Total expenses | $103,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,728 |
| Other assets | $0 |
| Total assets | $49,728 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,728 |