Ibew Local 1253neca Labor Management Cooperation Committee
- Assets
- $227.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, ME
- Founding
- 10/2002
- Data as of
- 06/2023
- EIN
- 01-6161079
Organization Overview
Ibew Local 1253neca Labor Management Cooperation Committee is located in Newport, ME. The organization was established in 2002. 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 an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Ibew Local 1253neca Labor Management Cooperation Committee is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2023, Ibew Local 1253neca Labor Management Cooperation Committee generated $117.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $154.3k during the year ending 06/2023. While expenses have increased by 20.3% 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF ELECTRICAL WORK AND LOCAL IBEW 1253 IN THE STATE OF MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Fraser Trustee (p) | 1 | $0 | |
Shawn Chandler Trustee | 1 | $0 | |
Nicolas Paquet Trustee | 1 | $0 | |
Kristen Gowen Trustee | 1 | $0 | |
Lescar Beane Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $117,529 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $91 |
| Total Revenue | $117,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $12,732 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $130,732 |
| Total expenses | $154,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,910 |
| Other assets | $0 |
| Total assets | $227,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $227,413 |