International Brotherhood Of Electrical Workers is located in Pueblo, CO. The organization was established in 1967. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2023, International Brotherhood Of Electrical Workers employed 18 individuals. 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 $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $858.0k during the year ending 06/2023. While expenses have increased by 7.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT UNION MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE WELFARE OF ITS MEMBERS, SERVE AS THEIR COLLECTIVE BARGAINING AGENCY AND SETTLE DISPUTES BETWEEN MEMBERS AND THEIR EMPLOYERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Epimenio Griego Executive Board | Trustee | 2 | $420 |
Manuel Griego Executive Board | Trustee | 2 | $1,720 |
Hayden Baldwin Executive Board | Trustee | 2 | $600 |
Ronan Carbajal Executive Board | Trustee | 2 | $3,451 |
Nicholas Anderson Executive Board | Trustee | 2 | $1,552 |
James Bernal Executive Board | Trustee | 2 | $7,258 |
| 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 | $1,451,904 |
| Investment income | $113,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$51,386 |
| Net Gain/Loss on Asset Sales | $20,732 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,586,302 |
| 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. | $109,847 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,294 |
| Pension plan accruals and contributions | $38,293 |
| Other employee benefits | $57,375 |
| Payroll taxes | $22,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,331 |
| Fees for services: Accounting | $19,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,317 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,938 |
| Office expenses | $21,414 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,080 |
| Travel | $10,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,911 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,641 |
| Insurance | $30,165 |
| All other expenses | $46,474 |
| Total functional expenses | $857,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,116 |
| Savings and temporary cash investments | $683,431 |
| 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 | $597,834 |
| Investments—publicly traded securities | $3,682,593 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,446,974 |
| 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 | $8,570 |
| Total liabilities | $8,570 |
| Net assets without donor restrictions | $5,395,425 |
| Net assets with donor restrictions | $42,979 |
| 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 | $5,446,974 |