International Brotherhood Of Electrical Workers is located in Hamilton, OH. 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 20 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 $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
SUPPLY AN EXPERIENCED POOL OF ELECTRICAL WORKERS TO VARIOUS CONTRACTORS IN THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION ACCOMPLISHED ITS EXEMPT PURPOSE BY PROVIDING COLLECTIVE BARGAINING FOR ITS MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Angst Financial Se | OfficerTrustee | 15 | $11,097 |
Jeff Mcguffey Business Age | Trustee | 50 | $104,957 |
Matt Vonstein Vice Preside | OfficerTrustee | 40 | $90,991 |
Nick George Treasurer | OfficerTrustee | 3 | $7,682 |
Richard Holderbach Recording Se | OfficerTrustee | 3 | $5,122 |
Andrew Hudson President | OfficerTrustee | 3 | $3,212 |
| 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 | $1,333,843 |
| Investment income | $41,850 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$169,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,231,297 |
| 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 | $51,172 |
| Compensation of current officers, directors, key employees. | $311,028 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,818 |
| Other salaries and wages | $75,298 |
| Pension plan accruals and contributions | $4,065 |
| Other employee benefits | $13,993 |
| Payroll taxes | $23,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,240 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,253 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,718 |
| Insurance | $2,341 |
| All other expenses | $91,471 |
| Total functional expenses | $1,554,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,606 |
| Savings and temporary cash investments | $1,269,839 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $729,246 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $113,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,241,200 |
| Accounts payable and accrued expenses | $10,984 |
| 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 | $0 |
| Total liabilities | $10,984 |
| Net assets without donor restrictions | $2,230,216 |
| 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 | $2,241,200 |