Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER DUES AND ASSESS

  total $6,811,608 · related or exempt $6,811,608

• 3 · Investment income

  total $128,468 · excluded $128,468

• 11a · Other revenue: MEMBER POLITICAL CONTR

  total $28,407 · excluded $28,407

• 11b · Other revenue: REFUNDS AND REIMBURSEM

  total $12,335 · excluded $12,335

• 11c · Other revenue: PROMOTIONAL MERCHANDIS

  total $11,889 · excluded $11,889

• 11d · All other revenue

  total $10,550 · excluded $10,550

• 11e · Other revenue, total

  $63,181

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $64,802

• 2 · Grants to domestic individuals

  total $2,000

• 4 · Benefits paid to or for members

  total $23,250

• 5 · Compensation of officers, directors and key employees

  total $641,376

• 7 · Other salaries and wages

  total $973,744

• 8 · Pension plan contributions

  total $158,854

• 9 · Other employee benefits

  total $274,555

• 10 · Payroll taxes

  total $118,840

• 11b · Fees: legal

  total $6,783

• 11c · Fees: accounting

  total $28,070

• 11d · Fees: lobbying

  total $42,000

• 12 · Advertising and promotion

  total $20,968

• 13 · Office expenses

  total $128,409

• 14 · Information technology

  total $144,928

• 16 · Occupancy

  total $268,406

• 17 · Travel

  total $117,461

• 19 · Conferences, conventions and meetings

  total $90,880

• 21 · Payments to affiliates

  total $1,269,220

• 22 · Depreciation, depletion and amortization

  total $138,109

• 23 · Insurance

  total $31,502

• 24a · Other expenses: WAGE DIFFERENTIAL PAYME

  total $1,595,620

• 24b · Other expenses: UNION PROMOTIONAL MERCH

  total $209,872

• 24c · Other expenses: MEMBERSHIP EVENTS

  total $155,606

• 24d · Other expenses: TRANSFER TO IBEW COPE

  total $75,453

• 24e · All other expenses

  total $59,648

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $750 · end of year $750

• 2 · Savings and temporary cash investments

  beginning of year $3,566,567 · end of year $3,849,754

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

  $1,113,337

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

  $699,289

• 10c · Land, buildings and equipment, net

  beginning of year $403,490 · end of year $414,048

• 11 · Investments: publicly traded securities

  beginning of year $1,106,085 · end of year $1,148,438

• 12 · Investments: other securities

  beginning of year $1,313,681 · end of year $1,363,470

• 15 · Other assets

  beginning of year $4,621 · end of year $4,621

• 25 · Other liabilities

  beginning of year $35,381 · end of year $34,261

• 27 · Net assets without donor restrictions

  beginning of year $6,359,813 · end of year $6,746,820

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS DETERMINED BY INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 110 BYLAWS.