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Nonprofiteer
← INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

Form 990 for tax year 2024

Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.

Totals

Total revenue
$23,735,923
Total expenses
$9,003,307
Contributions and grants received
$0
Grants paid
$310,228
Program service revenue
$21,916,742
Investment income
$1,819,181
Other revenue
$0
Total assets, end of year
$56,062,629
Total liabilities, end of year
$287,617
Net assets or fund balances, end of year
$55,775,012
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $21,588,909 · related or exempt $21,588,909

  • 2b · Program service revenue: MERCHANDISE SALES

    total $121,186 · related or exempt $121,186

  • 2c · Program service revenue: EXPENSE REIMBURSEMENTS

    total $109,213 · related or exempt $109,213

  • 2d · Program service revenue: EVENT FEES

    total $49,225 · related or exempt $49,225

  • 2e · Program service revenue: CREDIT CARD FEE REBATES

    total $38,202 · related or exempt $38,202

  • 2f · All other program service revenue

    total $10,007 · related or exempt $10,007

  • 3 · Investment income

    total $1,510,210 · excluded $1,510,210

  • 7a · Gross sales of assets other than inventory

    securities $38,784,489

  • 7b · Less cost or other basis and sales expenses

    securities $38,475,518

  • 7c · Gain or loss

    securities $308,971

  • 7d · Net gain or loss

    total $308,971 · related or exempt $308,971

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $310,228

  • 4 · Benefits paid to or for members

    total $1,285,802

  • 5 · Compensation of officers, directors and key employees

    total $601,225

  • 7 · Other salaries and wages

    total $2,512,808

  • 8 · Pension plan contributions

    total $501,191

  • 9 · Other employee benefits

    total $173,461

  • 10 · Payroll taxes

    total $216,246

  • 11b · Fees: legal

    total $62,872

  • 11f · Fees: investment management

    total $103,156

  • 11g · Fees: other

    total $42,452

  • 12 · Advertising and promotion

    total $647,784

  • 13 · Office expenses

    total $351,907

  • 14 · Information technology

    total $225,787

  • 16 · Occupancy

    total $496,588

  • 17 · Travel

    total $239,947

  • 19 · Conferences, conventions and meetings

    total $429,055

  • 22 · Depreciation, depletion and amortization

    total $408,050

  • 23 · Insurance

    total $62,778

  • 24a · Other expenses: MERCHANDISE PURCHASES

    total $113,778

  • 24b · Other expenses: BANK AND CREDIT CARD FEES

    total $70,739

  • 24c · Other expenses: OTHER EXPENSES

    total $70,330

  • 24d · Other expenses: REFUNDED DUES

    total $62,306

  • 24e · All other expenses

    total $14,817

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $760 · end of year $760

  • 2 · Savings and temporary cash investments

    beginning of year $1,792,972 · end of year $4,397,525

  • 10a · Land, buildings and equipment: cost or other basis

    $6,494,249

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,689,110

  • 10c · Land, buildings and equipment, net

    beginning of year $2,213,188 · end of year $1,805,139

  • 11 · Investments: publicly traded securities

    beginning of year $36,318,919 · end of year $49,859,205

  • 17 · Accounts payable and accrued expenses

    beginning of year $280,206 · end of year $287,617

  • 27 · Net assets without donor restrictions

    beginning of year $39,829,519 · end of year $55,544,582

  • 28 · Net assets with donor restrictions

    beginning of year $216,114 · end of year $230,430

Mission and programs · 2024

Mission

SINCE THE LOCAL UNION 124S FOUNDING IN 1940, THE IBEW MEMBERS HAVE BEEN ON THE FRONT LINES POWERING THE FUTURE OF THE GREATER KANSAS CITY AREA'S ELECTRIFIED ECONOMY, EMBRACING CRAFTSMANSHIP AND ENABLING NEW TECHNOLOGIES TO REACH HOMES, BUSINESSES AND INDUSTRIES EVERY DAY.

  • IBEW LOCAL 124 REPRESENTS MEMBERS ACROSS SUCH A BROAD RANGE OF SKILLED OCCUPATIONS. MEMBERS ARE SAFER AND STRONGER AT WORK BECAUSE OF THE POWER OF COLLECTIVELY BARGAINED CONTRACTS, INDUSTRY-LEADING TRAINING AND A COMMITMENT TO EXCELLENCE ON AND OFF THE JOB.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joseph Moreno

    BUSINESS MAN

    Total calculated
    $184,209
    From this org
    $150,923
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,923
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $184,209
  • Joseph Fuentes

    FINANICAL SE

    Total calculated
    $173,425
    From this org
    $140,139
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,139
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $173,425
  • Jonathan Doughty

    BUSINESS REP

    Total calculated
    $162,642
    From this org
    $129,356
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,356
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $162,642
  • Jason Duke

    BUSINESS REP

    Total calculated
    $162,642
    From this org
    $129,356
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,356
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $162,642
  • Kent Eagen

    BUSINESS REP

    Total calculated
    $162,642
    From this org
    $129,356
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,356
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $162,642
  • Cristopher Heegn

    BUSINESS REP

    Total calculated
    $162,642
    From this org
    $129,356
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,356
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $162,642
  • Wade Kiefer

    BUSINESS REP

    Total calculated
    $162,642
    From this org
    $129,356
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,356
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $21,320
    Filer's total
    $162,642
  • Todd Howerton

    PRESIDENT

    Total calculated
    $105,151
    From this org
    $77,907
    From related orgs
    $0
    Other
    $27,244
    Hours/week
    37
  • Dianna King

    EXAMINING BO

    Total calculated
    $22,871
    From this org
    $17,433
    From related orgs
    $0
    Other
    $5,438
    Hours/week
    7
  • Christopher Barnes

    EXECUTIVE BO

    Total calculated
    $19,874
    From this org
    $17,333
    From related orgs
    $0
    Other
    $2,541
    Hours/week
    5
  • William Crain

    EXECUTIVE BO

    Total calculated
    $17,579
    From this org
    $16,566
    From related orgs
    $0
    Other
    $1,013
    Hours/week
    4
  • James Lynch

    VICE-PRESIDE

    Total calculated
    $13,286
    From this org
    $11,029
    From related orgs
    $0
    Other
    $2,257
    Hours/week
    4
  • James Wilkinson

    EXECUTIVE BO

    Total calculated
    $10,222
    From this org
    $9,867
    From related orgs
    $0
    Other
    $355
    Hours/week
    3
  • Brian Smith

    TREASURER

    Total calculated
    $8,718
    From this org
    $7,879
    From related orgs
    $0
    Other
    $839
    Hours/week
    3
  • Andrew Collins

    EXECUTIVE BO

    Total calculated
    $8,492
    From this org
    $7,973
    From related orgs
    $0
    Other
    $519
    Hours/week
    3
  • Tyler Johns

    EXAMINING BO

    Total calculated
    $8,254
    From this org
    $5,989
    From related orgs
    $0
    Other
    $2,265
    Hours/week
    3
  • Travis Ragan

    EXECUTIVE BO

    Total calculated
    $6,876
    From this org
    $6,668
    From related orgs
    $0
    Other
    $208
    Hours/week
    3
  • Brian Jeffries

    EXECUTIVE BO

    Total calculated
    $6,278
    From this org
    $5,794
    From related orgs
    $0
    Other
    $484
    Hours/week
    3
  • Daniel Gutierrez

    EXECUTIVE BO

    Total calculated
    $6,184
    From this org
    $5,895
    From related orgs
    $0
    Other
    $289
    Hours/week
    3
  • Elton Johnson

    EXAMINING BO

    Total calculated
    $5,171
    From this org
    $2,208
    From related orgs
    $0
    Other
    $2,963
    Hours/week
    4
  • Bobby Balentine

    RECORDING SE

    Total calculated
    $4,635
    From this org
    $4,635
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
9 October 2025
IRS schema version
2024v5.0
Source object
202532869349301958

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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