International Brotherhood Of Electrical Workers
- Assets
- $10.7m
- Revenue
- $7.1m
- Investments
- $200.0k
- Employees
- 44
- Location
- Southfield, MI
- Founding
- 08/1940
- Data as of
- 12/2022
- EIN
- 38-0679235
Organization Overview
International Brotherhood Of Electrical Workers is located in Southfield, MI. 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 44 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 $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $4.9m during the year ending 12/2022. While expenses have increased by 6.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE ECONOMIC CONDITIONS OF ITS MEMBERSHIP THROUGH COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL 17 REPRESENTS 3846 UNION MEMBERS. ITS PURPOSE IS TO IMPROVE THE WORKING & ECONOMIC CONDITIONS OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Shaw Bus Mgr/fin | Officer | 40 | $207,108 |
Jeffery Mitchell Business Age | 40 | $161,789 | |
Michael Pittman Busi Agent | 40 | $161,789 | |
Michael Kozlowski President /b | Officer | 40 | $161,788 |
Michael Coates Ass't Bus Mg | 40 | $140,103 | |
Dennis Hunter Asst Bus Mgr | 40 | $135,958 |
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 | $6,969,871 |
| Investment income | $21,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,077,167 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $524,092 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,137,728 |
| Pension plan accruals and contributions | $402,950 |
| Other employee benefits | $163,066 |
| Payroll taxes | $117,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,987 |
| Fees for services: Accounting | $33,216 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,237 |
| Advertising and promotion | $70,825 |
| Office expenses | $110,734 |
| Information technology | $6,718 |
| Royalties | $0 |
| Occupancy | $92,635 |
| Travel | $88,349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $198,237 |
| Interest | $0 |
| Payments to affiliates | $1,561,962 |
| Depreciation, depletion, and amortization | $81,067 |
| Insurance | $20,192 |
| All other expenses | $62,273 |
| Total functional expenses | $4,877,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,356,793 |
| Savings and temporary cash investments | $7,618,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,737 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,883 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,157,976 |
| Investments—publicly traded securities | $244,234 |
| Investments—other securities | $200,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,679,408 |
| Accounts payable and accrued expenses | $390,086 |
| 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 | $390,086 |
| Net assets without donor restrictions | $0 |
| 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 | $10,289,322 |
| Total liabilities and net assets/fund balances | $10,679,408 |