International Brotherhood Of Electrical Workers
- Assets
- $2.7m
- Revenue
- $788.7k
- Investments
- $181.9k
- Employees
- 11
- Location
- Elmira, NY
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 16-0799784
Organization Overview
International Brotherhood Of Electrical Workers is located in Elmira, NY. 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 12/2022, International Brotherhood Of Electrical Workers employed 11 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 $788.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $874.1k during the year ending 12/2022. While expenses have increased by 3.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ELECTRICAL WORKERS LABOR UNION WITH THE MISSION OF ORGANIZING WORKERS IN THE ELECTRICAL INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Patton President | OfficerTrustee | 2 | $468 |
Andy Bouille Vice President | OfficerTrustee | 2 | $312 |
Steve Groth Recording Secretary 7/1-12/31/22 | OfficerTrustee | 2 | $312 |
Gary Wheeler Treasurer 7/1-12/31/22 | OfficerTrustee | 2 | $312 |
Steve Achterberg Board Member | Trustee | 2 | $312 |
John Hamilton Board Member | Trustee | 2 | $312 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $793,043 |
| Investment income | $18,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22,678 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $788,706 |
| 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. | $190,987 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,139 |
| Pension plan accruals and contributions | $35,508 |
| Other employee benefits | $65,455 |
| Payroll taxes | $21,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $13,452 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,178 |
| Office expenses | $26,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,500 |
| Travel | $22,489 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,549 |
| Interest | $0 |
| Payments to affiliates | $141,150 |
| Depreciation, depletion, and amortization | $12,049 |
| Insurance | $3,447 |
| All other expenses | $0 |
| Total functional expenses | $874,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $517,767 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,980 |
| 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 | $4,103 |
| Net Land, buildings, and equipment | $14,712 |
| Investments—publicly traded securities | $478,583 |
| Investments—other securities | $181,858 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,475,748 |
| Total assets | $2,741,751 |
| Accounts payable and accrued expenses | $21,774 |
| 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 | $1,003,175 |
| Total liabilities | $1,024,949 |
| Net assets without donor restrictions | $1,716,802 |
| 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 | $2,741,751 |