International Brotherhood Of Electrical Workers is located in Richmond, KY. 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 06/2024, International Brotherhood Of Electrical Workers generated $162.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $137.5k during the year ending 06/2024. While expenses have increased by 3.7% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED A MEETING PLACE FOR UNION MEMBERS TO HOLD INFORMATIVE MEETINGS, PAY FOR TRAVEL AND ATTENDING CONFERENCES AS WELL AS PAY WAGES FOR LOST TIME FOR 24MEMBERS. A TOTAL OF 250 MEMBERS BENEFITTED FROM THE UNION ACTIVITIES DURING THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph A Gardiner President | 20 | $8,805 | |
Thomas R Whitcomb Vice President | 15 | $2,954 | |
Jason Lear Secretary | 15 | $3,168 | |
Donnie Dixon Treasurer | 15 | $4,742 | |
Jeffrey Trujillo Chief Steward | 15 | $720 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $162,843 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,905 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,268 |
| Professional fees and other payments to independent contractors | $1,921 |
| Occupancy, rent, utilities, and maintenance | $10,800 |
| Printing, publications, postage, and shipping | $64 |
| Other expenses | $84,429 |
| Total expenses | $137,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,786 |
| Other assets | $0 |
| Total assets | $106,786 |
| Total liabilities | $2,818 |
| Net assets or fund balances | $103,968 |