Form 990 for tax year 2024
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Totals
- Total revenue
- $3,182,221
- Total expenses
- $2,943,337
- Contributions and grants received
- $2,833,107
- Grants paid
- $0
- Program service revenue
- $280,254
- Investment income
- $68,860
- Other revenue
- $0
- Total assets, end of year
- $3,749,092
- Total liabilities, end of year
- $40,918
- Net assets or fund balances, end of year
- $3,708,174
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1b · Membership dues
$2,833,107
-
2a · Program service revenue: DEATH BENEFIT CONTRIBU
total $239,924 · related or exempt $239,924
-
2b · Program service revenue: MISCELLANEOUS INCOME
total $30,435 · related or exempt $30,435
-
2c · Program service revenue: SPECIAL EVENTS
total $9,895 · related or exempt $9,895
-
3 · Investment income
total $68,860 · excluded $68,860
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $269,483
-
5 · Compensation of officers, directors and key employees
total $769,989
-
7 · Other salaries and wages
total $181,155
-
8 · Pension plan contributions
total $290,490
-
9 · Other employee benefits
total $229,364
-
10 · Payroll taxes
total $71,905
-
11b · Fees: legal
total $7,080
-
11c · Fees: accounting
total $19,955
-
11g · Fees: other
total $183
-
12 · Advertising and promotion
total $39,233
-
13 · Office expenses
total $197,551
-
16 · Occupancy
total $113,566
-
19 · Conferences, conventions and meetings
total $39,410
-
22 · Depreciation, depletion and amortization
total $54,775
-
23 · Insurance
total $48,250
-
24a · Other expenses: PER CAPITA FEES
total $359,712
-
24b · Other expenses: SPECIAL EVENTS
total $92,955
-
24c · Other expenses: DONATIONS
total $68,457
-
24d · Other expenses: TARGET FUND MARKET RECO
total $60,000
-
24e · All other expenses
total $29,824
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $888,022 · end of year $1,019,343
-
2 · Savings and temporary cash investments
beginning of year $553,692 · end of year $847,911
-
10a · Land, buildings and equipment: cost or other basis
$705,232
-
10b · Land, buildings and equipment: accumulated depreciation
$467,776
-
10c · Land, buildings and equipment, net
beginning of year $212,524 · end of year $237,456
-
12 · Investments: other securities
beginning of year $1,336,051 · end of year $1,124,805
-
15 · Other assets
beginning of year $519,577 · end of year $519,577
-
17 · Accounts payable and accrued expenses
beginning of year $33,142 · end of year $31,360
-
23 · Secured mortgages and notes payable
beginning of year $21,430 · end of year $9,558
-
27 · Net assets without donor restrictions
beginning of year $3,455,294 · end of year $3,708,174
Mission and programs · 2024
Mission
TO PROMOTE THE WELFARE OF ITS MEMBERS AND TO STRIVE TO ENHANCE THE WORKING CONDITIONS FOR ITS MEMBERS EMPLOYED IN THE ELECTRICAL CONSTRUCTION INDUSTRY.
Activities or mission (Part I)
REPRESENT UNION MEMBERS FOR THE PURPOSE OF COLLECTIVE BARGAINING
-
TO PROMOTE THE WELFARE OF ITS MEMBERS AND TO STRIVE TO ENHANCE THE WORKING CONDITIONS FOR ITS MEMBERS EMPLOYED IN THE ELECTRICAL CONSTRUCTION INDUSTRY.
As filed on the 2024 return.
Listed in Part VII
-
Rocco DamatoROCCO DAMATO
EXECUTIVE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Robert IngmanROBERT INGMAN
EXECUTIVE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Lee SanbornLEE SANBORN
EXECUTIVE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Robert SullivanROBERT SULLIVAN
EXECUTIVE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Joseph VogtJOSEPH VOGT
EXECUTIVE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Robert ShimkoROBERT SHIMKO
BUSINESS MANAGER/FIN SEC
- Total calculated
- $384,049
- From this org
- $224,590
- From related orgs
- $0
- Other
- $159,459
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,590
- Bonus
- $0
- Other
- $0
- Deferred
- $85,344
- Nontaxable benefits
- $74,115
- Filer's total
- $384,049
-
James MoranJAMES MORAN
BUSINESS AGENT/TREASURER
- Total calculated
- $299,253
- From this org
- $175,002
- From related orgs
- $0
- Other
- $124,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,002
- Bonus
- $0
- Other
- $0
- Deferred
- $66,501
- Nontaxable benefits
- $57,750
- Filer's total
- $299,253
-
George T LaneGEORGE T LANE
BUSINESS AGENT/REC SEC
- Total calculated
- $299,253
- From this org
- $175,002
- From related orgs
- $0
- Other
- $124,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,002
- Bonus
- $0
- Other
- $0
- Deferred
- $66,501
- Nontaxable benefits
- $57,750
- Filer's total
- $299,253
-
Michael J RiccaMICHAEL J RICCA
ASST BUSINESS MANAGER/PRESIDENT
- Total calculated
- $329,179
- From this org
- $192,502
- From related orgs
- $0
- Other
- $136,677
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,502
- Bonus
- $0
- Other
- $0
- Deferred
- $73,151
- Nontaxable benefits
- $63,526
- Filer's total
- $329,179
-
Robert BaumgartnerROBERT BAUMGARTNER
VICE PRESIDENT
- Total calculated
- $2,893
- From this org
- $2,893
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- SALARIES ARE APPROVED IN THE BYLAWS
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(9) · TO FUND HEALTH AND WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS. · NJ
-
LOCAL UNION 400 IBEW PENSION PLAN
401(A) · TO FUND PENSION BENEFITS FOR ELIGIBLE PARTICIPANTS · NJ
-
LOCAL UNION 400 IBEW AUXILIARY WELFARE FUND
501(C)(9) · TO PROVIDE SUPPLEMENTAL BENEFITS FOR ELIGIBLE PARTICIPANTS · NJ
-
LOCAL UNION 400 IBEW JOINT ANNUITY FUND
401(A) · TO PROVIDE ANNUITY BENEFITS FOR ELIGIBLE PARTICIPANTS · NJ
-
LOCAL UNION 400 IBEW JOINT APPRENTICE & TRAINING COMMITTEE
501 (C) (3) · TO PROVIDE TEACHING TO APPRENTICES OF IBEW 400 · NJ
-
IBEW LOCAL UNION 400 BUILDING INC
501 (C) (2) · THE ORGANIZATION PROVEDS RENTAL SPACE TO LOCAL AND A HALL FOR ITS MEMBERS · NJ
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600569349301600
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.