International Brotherhood Of Electrical Workers is located in Valrico, FL. 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 06/2023, International Brotherhood Of Electrical Workers generated $153.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $119.2k during the year ending 06/2023. 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
LOCAL LABOR UNION AFFILIATED WITH INTERNATIONALBROTHERHOOD OF ELECTRICAL WORKERS AFL-CIO
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Herlocker President & CEO | 2 | $2,424 | |
William Teti Vice President | 2 | $90 | |
Andrew J Smith Secretary | 2 | $4,029 | |
Matthew Crowell Treasurer | 0 | $428 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $153,406 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9 |
| Total Revenue | $153,415 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $105,192 |
| Salaries, other compensation, and employee benefits | $7,553 |
| Professional fees and other payments to independent contractors | $1,653 |
| Occupancy, rent, utilities, and maintenance | $3,639 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,145 |
| Total expenses | $119,182 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,563 |
| Other assets | $0 |
| Total assets | $94,563 |
| Total liabilities | $2 |
| Net assets or fund balances | $94,560 |