International Brotherhood Of Electrical Workers
- Assets
- $13.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 140
- Location
- Lisle, IL
- Founding
- 08/1940
- Data as of
- 12/2021
- EIN
- 36-4244842
Organization Overview
International Brotherhood Of Electrical Workers is located in Lisle, IL. 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 12/2021, International Brotherhood Of Electrical Workers employed 140 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 12/2021, International Brotherhood Of Electrical Workers generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE LOCAL IS TO ELEVATE THE ECONOMIC, MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCOME IS USED TO ENABLE THE UNION TO CARRY OUT ITS EXEMPT PURPOSES: TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL, AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. THERE WERE 3,805 MEMBERS AT YEAR END.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Wright President/bus Mgr/fin Sec | Officer | 40 | $191,512 |
David Webster Business Rep | 40 | $128,022 | |
Jerry Rankins Business Rep | 40 | $127,973 | |
Bill Henne Vice Pres/asst Bus Mgr | Officer | 40 | $126,201 |
Bob Przybylinski Rec Sec/chief Stew | Officer | 40 | $74,458 |
Steve Bauer Exec Board | Officer | 2 | $61,165 |
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 | $3,752,189 |
| Investment income | $224,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,575 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,953,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,286 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $570,182 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,224,940 |
| Pension plan accruals and contributions | $49,776 |
| Other employee benefits | $168,553 |
| Payroll taxes | $140,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,302 |
| Fees for services: Accounting | $41,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89,656 |
| Fees for services: Other | $10,575 |
| Advertising and promotion | $0 |
| Office expenses | $75,936 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,153 |
| Travel | $67,492 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,755 |
| Interest | $0 |
| Payments to affiliates | $1,064,186 |
| Depreciation, depletion, and amortization | $27,466 |
| Insurance | $37,213 |
| All other expenses | $0 |
| Total functional expenses | $3,828,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,699 |
| Savings and temporary cash investments | $4,628,585 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $146 |
| Net Land, buildings, and equipment | $34,146 |
| Investments—publicly traded securities | $6,788,709 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,009,533 |
| Total assets | $12,974,818 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $12,974,818 |
| 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 | $12,974,818 |
Grants Awarded
Over the last fiscal year, International Brotherhood Of Electrical Workers has awarded $401,150 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
IBEW EDUCATIONAL FUND PURPOSE: MEMBER EDUCATION | $279,800 |
Washington, DC PURPOSE: CONTRIBUTION | $100,000 |
Washington, DC PURPOSE: CONTRIBUTION | $10,000 |
Chicago, IL PURPOSE: CONTRIBUTION | $6,350 |
Washington, DC PURPOSE: CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of State County & Municipal Employees Springfield, IL | $61,133,676 | $26,100,915 |
Laborers International Union Of North America Burr Ridge, IL | $65,530,613 | $20,238,151 |
Chicago Regional Council Of Carpenters Apprentice And Trainee Elk Grove Village, IL | $58,144,102 | $15,674,310 |
Indiana State Teachers Association Indianapolis, IN | $36,026,795 | $22,473,562 |
Chicago Journeymen Plumbers Local 130 Chicago, IL | $20,981,689 | $17,441,460 |
United Food And Commercial Workers International Union Des Plaines, IL | $30,640,392 | $15,439,141 |
Laborers International Union Of North America Chicago, IL | $42,312,837 | $17,661,518 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union Chicago, IL | $8,645,665 | $14,966,009 |
Chicago & Vicinity Laborers Carol Stream, IL | $83,711,023 | $20,877,636 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |