International Brotherhood Of Electrical Workers
- Assets
- $40.8m
- Revenue
- $29.4m
- Investments
- $200.1k
- Employees
- 69
- Location
- Pasadena, CA
- Founding
- 08/1940
- Data as of
- 12/2023
- EIN
- 95-0516994
Organization Overview
International Brotherhood Of Electrical Workers is located in Pasadena, CA. 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 12/2023, International Brotherhood Of Electrical Workers employed 69 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 12/2023, International Brotherhood Of Electrical Workers generated $29.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $26.1m during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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
UNITE MEMBERS INTO ONE ORGANIZATION FOR THE PURPOSE OF IMPROVING ECONOMIC ADVANTAGES THROUGH COLLECTIVE BARGAINING AND TO PROMOTE THE SOCIAL AWARENESS OF ITS MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITE MEMBERS INTO ONE ORGANIZATION FOR THE PURPOSE OF IMPROVING ECONOMIC ADVANTAGES THROUGH COLLECTIVE BARGAINING AND TO PROMOTE THE SOCIAL AWARENESS OF ITS MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Barton Bus. Mgr./fin. Secretary-Past | OfficerTrustee | 40 | $295,262 |
Gaylord Roten President/sr. Asst. Bus. Mgr. | OfficerTrustee | 40 | $238,726 |
Robert J Corona Bus. Mgr./fin. Secretary | OfficerTrustee | 40 | $235,110 |
Antonio Sanchez Asst. Bus. Mgr/bus. Dev. | 40 | $232,718 | |
Judyth Hermosillo Asst. Bus. Mgr. | 40 | $210,233 | |
Alton Wilkerson Apprentice Coordinator | 40 | $210,221 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
6023 So Garfield Avenue Inc Rents | 12/30/23 | $170,411 |
Bush Gottlieb Legal Fees | 12/30/23 | $342,421 |
Miller Kaplan Arase Llp Accounting Services | 12/30/23 | $188,015 |
Ipers Sequoia Commerce Center Inc Rents | 12/30/23 | $121,782 |
Coal For Resp Equit Econ Dev Consulting | 12/30/23 | $500,000 |
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 | $26,743,262 |
| Investment income | $1,015,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$86,771 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,438,636 |
| 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 | $82,598 |
| Compensation of current officers, directors, key employees. | $2,030,412 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,625,904 |
| Pension plan accruals and contributions | $1,399,783 |
| Other employee benefits | $1,233,495 |
| Payroll taxes | $560,169 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $352,418 |
| Fees for services: Accounting | $159,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,500 |
| Advertising and promotion | $511,242 |
| Office expenses | $931,108 |
| Information technology | $501,106 |
| Royalties | $0 |
| Occupancy | $1,112,884 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $986,600 |
| Interest | $0 |
| Payments to affiliates | $6,481,808 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $221,525 |
| All other expenses | $944,183 |
| Total functional expenses | $26,082,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,500 |
| Savings and temporary cash investments | $16,047,725 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $198,688 |
| 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 | $118,362 |
| Net Land, buildings, and equipment | $1,724,371 |
| Investments—publicly traded securities | $22,501,554 |
| Investments—other securities | $200,060 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,794,260 |
| Accounts payable and accrued expenses | $1,231,176 |
| 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 | $1,231,176 |
| 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 | $39,563,084 |
| Total liabilities and net assets/fund balances | $40,794,260 |