National Neca-Ibew Labor-Management Cooperatin Committee Trust Fund
- Assets
- $1.1m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 52-1955494
Organization Overview
National Neca-Ibew Labor-Management Cooperatin Committee Trust Fund, operating under the name Neca-Ibew, is located in Washington, DC. The organization was established in 1996. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neca-Ibew 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, Neca-Ibew generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Neca-Ibew has awarded 14 individual grants totaling $3,500,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE RELATIONSHIP BETWEEN EMPLOYERS AND IBEW (THE UNION) TO ALL LEVELS, EXPLORE WAYS FOR LABOR AND MANAGEMENT TO WORK TOGETHER TO BECOME MORE COMPETITIVE, AND IMPLEMENT PROGRAMS THAT INCREASE EMPLOYMENT OPPORTUNITIES FOR EMPLOYERS AND EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE THE RELATIONSHIP BETWEEN EMPLOYERS AND THE UNION; IMPLEMENT PROGRAMS THAT INCREASE EMPLOYMENT OPPORTUNITIES; PROMOTE THE VALUE OF UNION ELECTRICAL WORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lonnie R Stephenson Trustee | Trustee | 0.5 | $0 |
Kevin Tighe Trustee | Trustee | 0.5 | $0 |
David Long Trustee | Trustee | 0.5 | $0 |
Mike Richard Trustee | Trustee | 0.5 | $0 |
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 | $3,229,114 |
| Investment income | $0 |
| 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 | $3,238,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,439 |
| Advertising and promotion | $357,325 |
| Office expenses | $6,859 |
| Information technology | $3,308 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $491,032 |
| Interest | $0 |
| Payments to affiliates | $325,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,714 |
| All other expenses | $0 |
| Total functional expenses | $2,780,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,074,580 |
| Savings and temporary cash investments | $0 |
| 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 | $1,074,580 |
| 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 | $1,074,580 |
| 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 | $1,074,580 |
Grants Awarded
Over the last fiscal year, National Neca-Ibew Labor-Management Cooperatin Committee Trust Fund has awarded $375,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: BUSINESS DEVELOPMENT | $187,500 |
Washington, DC PURPOSE: BUSINESS DEVELOPMENT | $187,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elevator Industry Work Preservation Fund Columbia, MD | $75,509,631 | $27,265,052 |
Downtown Business Improvement District Corporation Washington, DC | $12,848,344 | $15,153,939 |
Virginia Farm Bureau Federation Inc Richmond, VA | $53,446,193 | $7,940,484 |
Painters And Allied Trades Labor Management Cooperation Fund Hanover, MD | $16,040,317 | $4,577,967 |
Locus Impact Investing Richmond, VA | $7,023,425 | $9,339,755 |
National Council Of Farmer Cooperatives Washington, DC | $7,136,808 | $5,507,889 |
United Food And Commercial Workers International Union Gaithersburg, MD | $2,738,530 | $4,012,146 |
National Neca-Ibew Labor-Management Cooperatin Committee Trust Fund Washington, DC | $1,074,580 | $3,238,395 |
Montgomery County Agricultural Center Inc Gaithersburg, MD | $13,260,435 | $4,649,730 |
National Association Of State Departments Of Agriculture Arlington, VA | $1,267,720 | $1,834,352 |
Maryland Farm Bureau Inc Davidsonville, MD | $5,158,269 | $2,258,057 |
American Sugarbeet Growers Assoc Washington, DC | $1,418,878 | $1,744,321 |