International Brotherhood Of Electrical Workers
- Assets
- $750.9k
- Revenue
- $540.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Racine, WI
- Founding
- 08/1940
- Data as of
- 06/2022
- EIN
- 39-0855434
Organization Overview
International Brotherhood Of Electrical Workers is located in Racine, WI. 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 06/2022, International Brotherhood Of Electrical Workers employed 2 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 06/2022, International Brotherhood Of Electrical Workers generated $540.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $523.2k during the year ending 06/2022. While expenses have increased by 3.9% 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
PROMOTE HEALTH AND WELFARE OF UNION MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELFARE OF ELECTRICAL WORKERS.
PROGRAM EXP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Gulbrandson Business Man | Officer | 44 | $125,407 |
Timothy Hanson Secretary | Trustee | $1,709 | |
Brian Paulick Treasurer | Trustee | $1,680 | |
Andrew Hogard President | Trustee | $1,333 | |
Alan Cacciotti Committee Me | Trustee | $895 |
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 | $528,844 |
| Investment income | $692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,682 |
| 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. | $100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,797 |
| Pension plan accruals and contributions | $63,088 |
| Other employee benefits | $0 |
| Payroll taxes | $13,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $5,785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $835 |
| Office expenses | $7,836 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,396 |
| Travel | $14,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,171 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,640 |
| All other expenses | $15,412 |
| Total functional expenses | $523,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,818 |
| Savings and temporary cash investments | $344,127 |
| 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 | $0 |
| Net Land, buildings, and equipment | $40,972 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $750,917 |
| 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 | $4,932 |
| Total liabilities | $4,932 |
| Net assets without donor restrictions | $745,985 |
| 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 | $750,917 |
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|---|---|---|
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United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Chicago, IL | $44,527,924 | $24,662,061 |
American Federation Of Teachers Westmont, IL | $27,833,532 | $25,589,628 |
International Brotherhood Of Electrical Workers Chicago, IL | $61,202,131 | $32,517,419 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |