International Brotherhood Of Electrical Workers is located in Angier, NC. 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. 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 12/2023, International Brotherhood Of Electrical Workers generated $16.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SERVE LOCAL UNION MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Diaz President | 1.5 | $1,597 | |
Kevin Graves Vice-President | 1.5 | $263 | |
Ira Matney Secretary Treasurer | 1.5 | $266 | |
Jason Guzman Recording Secretary | 1.5 | $263 | |
James Edwards Executive Board Chairman | 0 | $266 | |
Jed Wilson Executive Board | 0 | $263 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,774 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,597 |
| Professional fees and other payments to independent contractors | $1,922 |
| Occupancy, rent, utilities, and maintenance | $200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,489 |
| Total expenses | $13,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,526 |
| Other assets | $0 |
| Total assets | $32,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,526 |