International Brotherhood Of Electrical Workers Jnt Health & We is located in Bothell, WA. The organization was established in 1977. 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 an independent organization and not affiliated with a larger national or regional group of organizations. International Brotherhood Of Electrical Workers Jnt Health & We is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, International Brotherhood Of Electrical Workers Jnt Health & We generated $35.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $31.4m during the year ending 06/2022. While expenses have increased by 6.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Craig Jones Labor Trustee (chairperson) | Trustee | 1 | $0 | 
| Randy Curry Labor Trustee | Trustee | 1 | $0 | 
| Cindy Austin Management Trustee | Trustee | 1 | $0 | 
| Dave Milne Management Trustee | Trustee | 1 | $0 | 
| Dave Ginestra Mgmt Trustee (chairperson) | Trustee | 1 | $0 | 
| Randy Reynolds Labor Trustee | Trustee | 1 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Regency Blueshield Ppo Provider | 6/29/22 | $1,449,335 | 
| Zenith American Solutions Inc Third-party Admin | 6/29/22 | $299,510 | 
| 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 | $33,492,704 | 
| Investment income | $1,138,241 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $435,490 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $35,334,480 | 
| 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 | $30,539,245 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $299,510 | 
| Fees for services: Legal | $53,485 | 
| Fees for services: Accounting | $112,546 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $185,462 | 
| Fees for services: Other | $40,100 | 
| Advertising and promotion | $0 | 
| Office expenses | $110,777 | 
| Information technology | $26,904 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $7,900 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $15,543 | 
| All other expenses | $0 | 
| Total functional expenses | $31,405,643 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,520,527 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $4,257,795 | 
| 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 | $3,221 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $62,073,414 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $70,854,957 | 
| Accounts payable and accrued expenses | $849,480 | 
| Grants payable | $0 | 
| Deferred revenue | $29,076 | 
| 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 | $21,131,000 | 
| Total liabilities | $22,009,556 | 
| 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 | $48,845,401 | 
| Total liabilities and net assets/fund balances | $70,854,957 |