Ibew Local Union 712 Wage And Fringe Benefit Fund is located in Pittsburgh, PA. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Local Union 712 Wage And Fringe Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Ibew Local Union 712 Wage And Fringe Benefit Fund generated $43.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $5.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDS THAT CAN BE USED TO ENHANCE WAGES AND FRINGE BENEFITS FOR UNION MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Kochanowski Trustee | 1 | $0 | |
Frank E Telesz Jr Trustee | 1 | $0 | |
Robert J Bruce Trustee | 1 | $0 | |
Michael D Robinson Jr Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,443 |
| Membership dues | $0 |
| Investment income | $1,976 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,434 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $305 |
| Total expenses | $5,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $460,846 |
| Other assets | $0 |
| Total assets | $460,846 |
| Total liabilities | $307 |
| Net assets or fund balances | $460,539 |