International Brotherhood Of Electrical Workers is located in North Platte, NE. 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 17 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 $245.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $273.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL 1920 IS A LOCAL CHAPTER WITH MEMBERSHIP LIMITED TO ELECTRICAL WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTMENT INCOME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Gage President | Officer | 10 | $5,502 |
Larry Marquette Secretary | Officer | 10 | $2,704 |
Ryan Hardy Secretary | Officer | 10 | $2,683 |
Joshua Welden Treasurer | Officer | 10 | $2,174 |
Cos Barron Vice President | Officer | 10 | $1,021 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $244,638 |
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 | $244,638 |
Total Program Service Revenue | $0 |
Investment income | $932 |
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 | $245,570 |
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. | $14,084 |
Compensation of current officers, directors, key employees. | $14,084 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,678 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $23,084 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,465 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,078 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $13,604 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,261 |
Interest | $0 |
Payments to affiliates | $194,217 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $283 |
Total functional expenses | $273,824 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $60,891 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $60,891 |
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 | $35 |
Total liabilities | $35 |
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 | $60,856 |
Total liabilities and net assets/fund balances | $60,891 |
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Plumbers & Pipefitters Local 562 Earth City, MO | $54,466,118 | $16,649,601 |
State Law Enforcement Bargaining Council Lincoln, NE | $2,341,726 | $11,227,567 |
International Association Of Machinists & Aerospace Workers Bridgeton, MO | $5,305,929 | $9,768,648 |
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