International Union Of Elevator Constructors
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Charlotte, NC
- Founding
- 04/1967
- Data as of
- 12/2021
- EIN
- 56-6085404
Organization Overview
International Union Of Elevator Constructors is located in Charlotte, NC. The organization was established in 1967. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, International Union Of Elevator Constructors employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Union Of Elevator Constructors 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, International Union Of Elevator Constructors generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $952.3k during the year ending 12/2021. While expenses have increased by 12.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZE ELEVATOR WORKERS AND IMPROVE WAGES, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING FOR 426 MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL HELPED TO IMPROVE WAGES, HOURS WORKING CONDITIONS BY REPRESENTING MEMBERS IN GRIEVANCE PROCEDURES, ARBITRATION, AND CONTRACT NEGOTIATIONS FOR 426 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Lavender Business Mgr/fin Sec | OfficerTrustee | 40 | $122,614 |
Gregory Wasik Business Representative | 40 | $106,300 | |
William Perkins President | OfficerTrustee | 1 | $1,733 |
Mike Meyer Trustee | OfficerTrustee | 1 | $373 |
Colby Huggins Trustee | OfficerTrustee | 1 | $368 |
William Wallace Vice President | OfficerTrustee | 1 | $347 |
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 | $1,092,937 |
| Investment income | $6,907 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,296 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$7,020 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,104,391 |
| 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 | $10,000 |
| Compensation of current officers, directors, key employees. | $205,864 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,932 |
| Pension plan accruals and contributions | $44,348 |
| Other employee benefits | $34,102 |
| Payroll taxes | $19,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,092 |
| Fees for services: Other | $210 |
| Advertising and promotion | $0 |
| Office expenses | $24,484 |
| Information technology | $4,717 |
| Royalties | $0 |
| Occupancy | $12,410 |
| Travel | $43,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,606 |
| Interest | $0 |
| Payments to affiliates | $397,926 |
| Depreciation, depletion, and amortization | $3,412 |
| Insurance | $7,185 |
| All other expenses | $592 |
| Total functional expenses | $952,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,218 |
| Savings and temporary cash investments | $501,346 |
| 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 | $3,190 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,480 |
| Investments—publicly traded securities | $163,676 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,130,910 |
| 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 | $1,620 |
| Total liabilities | $1,620 |
| Net assets without donor restrictions | $1,129,290 |
| 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 | $1,130,910 |
Grants Awarded
Over the last fiscal year, International Union Of Elevator Constructors has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IUEC GOLF OUTING CHARITY PURPOSE: GOLF OUTING BENEFIT TOY BOX CONNECTION CHILDRENS CHARITY | $10,000 |
IUEC MEMORIAL FUND PURPOSE: MEMBER MEORIAL | $10,000 |
LOCAL 5 LIFT FOR VET CHARITY PURPOSE: ELEVATOR INSTALL IN RESIDENCE DISABLED MILITARY VETERANS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Freedom Alliance Dulles, VA | $45,793,332 | $14,131,873 |
International Institute Of Ammonia Refrigeration Alexandria, VA | $5,426,318 | $2,852,892 |
Agn International-North America Inc Raleigh, NC | $1,835,277 | $2,154,569 |
International Road Federation Alexandria, VA | $3,313,545 | $2,310,927 |
Primeglobal Inc-North America Duluth, GA | $1,660,738 | $1,878,132 |
International Chiropractors Association Inc Falls Church, VA | $519,133 | $1,437,537 |
International Association Of Bridge Structural & Ornamental Ironworker Nashville, TN | $2,797,461 | $1,940,764 |
International Union Of Elevator Constructors Charlotte, NC | $1,130,910 | $1,104,391 |
International Wood Products Association Alexandria, VA | $1,885,617 | $861,632 |
International Union Of Elevator Constructors Goodlettsville, TN | $1,542,035 | $862,322 |
International Association Of Bridge Chattanooga, TN | $1,126,575 | $1,165,821 |
Controlled Environment Building Association Arlington, VA | $469,834 | $663,129 |