International Brotherhood Of Electrical Workers
- Assets
- $4.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Phoenix, AZ
- Founding
- 08/1940
- Data as of
- 06/2023
- EIN
- 86-0079391
Organization Overview
International Brotherhood Of Electrical Workers is located in Phoenix, AZ. 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. As of 06/2023, International Brotherhood Of Electrical Workers employed 9 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 $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GOOD OF ITS MEMBERS IN THE ELECTRICAL INDUSTRY WITHIN ARIZONA AND NEW MEXICO IN THE COUNTIES IN WHICH IT HAS JURISDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES INCLUDING UNIT EXPENSE, PICNIC EXPENSE AND DEATH BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS WHO ARE MEMBERS OF IBEW LOCAL 387.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Gable Bus Mgr/fin Sec | OfficerTrustee | 40 | $175,219 |
Derron Hansen Business Rep | 40 | $149,650 | |
Daniel Koons Asst Business Mgr | 40 | $147,841 | |
Lambert Bennett Exec Board | Trustee | 2 | $12,488 |
G David Vandever Bus Mgr/fin Sec | OfficerTrustee | 40 | $7,301 |
David Crimmins Exec Board | Trustee | 2 | $8,541 |
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 | $2,108,263 |
| Investment income | $16,390 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,481 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,201 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,156,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,439 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $48,000 |
| Compensation of current officers, directors, key employees. | $289,253 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,324 |
| Pension plan accruals and contributions | $118,151 |
| Other employee benefits | $66,214 |
| Payroll taxes | $53,817 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,038 |
| Fees for services: Accounting | $15,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,300 |
| Fees for services: Other | $5,479 |
| Advertising and promotion | $4,057 |
| Office expenses | $77,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,000 |
| Travel | $43,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,868 |
| Interest | $0 |
| Payments to affiliates | $443,802 |
| Depreciation, depletion, and amortization | $24,978 |
| Insurance | $63,076 |
| All other expenses | $780 |
| Total functional expenses | $2,137,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $950,680 |
| Savings and temporary cash investments | $321,118 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $218,924 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,840 |
| Prepaid expenses and deferred charges | $9,237 |
| Net Land, buildings, and equipment | $112,823 |
| Investments—publicly traded securities | $453,242 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,797,266 |
| Total assets | $4,885,130 |
| Accounts payable and accrued expenses | $17,752 |
| 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 | $78,347 |
| Total liabilities | $96,099 |
| Net assets without donor restrictions | $4,610,677 |
| Net assets with donor restrictions | $178,354 |
| 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 | $4,885,130 |