Electrical Workers Local 237 Inc is located in Niagara Falls, NY. The organization was established in 1980. 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 independent organization and not affiliated with a larger national or regional group of organizations. Electrical Workers Local 237 Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Electrical Workers Local 237 Inc generated $125.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $81.4k during the year ending 06/2022. While expenses have increased by 5.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ELECTRICAL WORKERS LOCAL 237, INC. HOLDS TITLE TO THE PROPERTY AND OFFICE FACILITIES USED BY IBEW LOCAL 237 AND ITS RELATED BENEFIT FUNDS OFFICE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Scherrer Business Manager | 1 | $0 | |
Craig Horrocks President | 1 | $0 | |
Jim Bailor Vice President | 1 | $0 | |
Thomas Aurelio Financial Secretary | 1 | $0 | |
Paul A Williams Treasurer | 1 | $0 | |
David Felice Recording Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $116,750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,717 |
| Total Revenue | $125,467 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $42,837 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,599 |
| Total expenses | $81,436 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,339 |
| Other assets | $0 |
| Total assets | $349,329 |
| Total liabilities | $200,000 |
| Net assets or fund balances | $149,329 |