International Brotherhood Of Electrical Workers

Organization Overview

International Brotherhood Of Electrical Workers is located in Waterloo, IA. 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 3 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 $576.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $504.1k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ORGANIZE ALL ELECTRICAL WORKERS IN THE CONSTRUCTION INDUSTRY, TO PROMOTE GOODWILL AMONG ALL OF THOSE IN OUR TRADE, TO ASSIST EACH OTHER IN SICKNESS AND IN DISTRESS, TO SECURE EMPLOYMENT FOR OUR MEMBERS, TO SECURE ADEQUATE PAY FOR OUR LABOR, TO RAISE THE STANDARD OF LIVING FOR ALL OUR MEMBERS AND THEIR FAMILIES, AND TO PROMOTE A HARMONIOUS RELATIONSHIP WITH OUR SIGNATORY CONTRACTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO COLLECTIVELY REPRESENT THE MEMBERS IN NEGOTIATIONS, PROMOTE WORKER SAFETY, AND PROMOTE SAFE ELECTRICAL STANDARDS FOR THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Kacher
Business Man
$87,590
Bret Badker
President
$600
Austin Hall
Recording Se
$480
David Killion
Treasurer
$360
Tom Posusta
Vice Preside
$300
David Lycke
Executive Bo
$240

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$570,926
Investment income $5,154
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 $576,080

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