International Brotherhood Of Electrical Workers
- Assets
- $71.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsville, OH
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 34-6555538
Organization Overview
International Brotherhood Of Electrical Workers is located in Wellsville, 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. 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 $68.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $64.1k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 4 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
THE LAST CALENDAR DAY, 12/31/22, OUR MEMBERSHIP WITHIN L.U. 696 REPRESENTED A TOTAL OF 79 MEMBERS: INCLUDING OFFICERS, EXECUTIVE BOARD MEMBERS, STEWARDS, AND ALL OTHER MEMBERS. WE SUCCESSFULLY REPRESENTED EVERY EMPLOYEE ACCORDING TO THE AGREEMENT BETWEEN IBEW L.U. 696 & THE OHIO POWER COMPANY. IN DOING SO, WE COULD GUARANTEE A SAFE AND EQUITABLE WORKPLACE BY MAKING SURE THE WELFARE & WAGES OF OUR MEMBERSHIP, AS AGREED UPON IN OUR BARGAINED CONTRACT, WAS ADHERED TO BY ALL PARTIES INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Verhovec Business Manager | 10 | $3,000 | |
Lanny Walker President | 6 | $666 | |
Cullen Ebbert V.president - Workers' Comp Rep | 4 | $1,004 | |
Matthew Gruszecki Treasurer | 8 | $3,117 | |
Lee Grafton Financial Secretary | 4 | $2,020 | |
John Rozenek Recording Secretary | 2 | $360 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,462 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $893 |
| Total Revenue | $68,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,632 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $450 |
| Other expenses | $19,627 |
| Total expenses | $64,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,410 |
| Other assets | $0 |
| Total assets | $71,410 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,410 |