International Brotherhood Electrical Workers
- Assets
- $48.3k
- Revenue
- $147.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MS
- Founding
- 08/1940
- Data as of
- 06/2022
- EIN
- 64-0657309
Organization Overview
International Brotherhood Electrical Workers is located in Laurel, MS. 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 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 06/2022, International Brotherhood Electrical Workers generated $147.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $171.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 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
SERV. TO 880+ LOCAL UNION SHOP MEMBERS AT LAUREL,MS; ARBITRATION/NEGOTIATION WITH MGT;OFFICERS ELECTED EVERY 3 YEARS;WEEKLY MTGS.; MONTHLY PUBLICATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE TO 880+ LOCAL UNION SHOP MEMBERS AT LAUREL, MS; ARBITRATION & NEGOTIATION WITH MANAGEMENT; REGULAR MEETINGS; OFFICERS ELECTED EVERY THREE YEARS; MONTHLY PUBLICATIONS ARE CIRCULATED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Larkin President/business Mgr | OfficerTrustee | 40 | $26,683 |
Selina Hayes President/business Mgr | OfficerTrustee | 1 | $15,775 |
Daphne White Vice-President | OfficerTrustee | 0 | $0 |
Carla Scott Vice-President | OfficerTrustee | 0 | $0 |
Agrean Clark Financial Secretary | OfficerTrustee | 0 | $0 |
Krystal Harvey Treasurer | OfficerTrustee | 0 | $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 | $142,316 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,540 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $147,856 |
| 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. | $43,597 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,236 |
| Payroll taxes | $3,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,555 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,122 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,372 |
| Travel | $200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $660 |
| Interest | $0 |
| Payments to affiliates | $97,102 |
| Depreciation, depletion, and amortization | $647 |
| Insurance | $7,803 |
| All other expenses | $0 |
| Total functional expenses | $171,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,240 |
| 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 | $7,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,280 |
| Accounts payable and accrued expenses | $1,684 |
| 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 | $1,684 |
| 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 | $46,596 |
| Total liabilities and net assets/fund balances | $48,280 |