Form 990 for tax year 2024
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Totals
- Total revenue
- $2,524,995
- Total expenses
- $1,919,598
- Contributions and grants received
- $0
- Grants paid
- $181,049
- Program service revenue
- $2,432,212
- Investment income
- $117,249
- Other revenue
- -$24,466
- Total assets, end of year
- $4,523,785
- Total liabilities, end of year
- $3,688
- Net assets or fund balances, end of year
- $4,520,097
- 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $2,432,212 · excluded $2,432,212
-
3 · Investment income
total $117,249 · excluded $117,249
-
10a · Gross sales of inventory
$6,283
-
10b · Cost of goods sold
$30,749
-
10c · Net income from sales of inventory
total -$24,466 · related or exempt -$24,466
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $174,799
-
2 · Grants to domestic individuals
total $6,250
-
5 · Compensation of officers, directors and key employees
total $280,131
-
7 · Other salaries and wages
total $336,601
-
8 · Pension plan contributions
total $76,951
-
9 · Other employee benefits
total $71,385
-
10 · Payroll taxes
total $40,795
-
11c · Fees: accounting
total $30,101
-
11g · Fees: other
total $1,777
-
12 · Advertising and promotion
total $7,210
-
13 · Office expenses
total $55,800
-
14 · Information technology
total $20,126
-
16 · Occupancy
total $33,175
-
17 · Travel
total $19,317
-
19 · Conferences, conventions and meetings
total $22,696
-
21 · Payments to affiliates
total $473,525
-
22 · Depreciation, depletion and amortization
total $29,052
-
23 · Insurance
total $66,331
-
24a · Other expenses: COMMITTEE EXPENSES
total $78,174
-
24b · Other expenses: PARTY AND PICNIC
total $63,013
-
24c · Other expenses: EVENTS
total $24,230
-
24d · Other expenses: ORGANIZER EXPENSES
total $728
-
24e · All other expenses
total $7,431
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,264,906 · end of year $765,503
-
2 · Savings and temporary cash investments
beginning of year $2,500,566 · end of year $3,636,869
-
10a · Land, buildings and equipment: cost or other basis
$377,516
-
10b · Land, buildings and equipment: accumulated depreciation
$256,103
-
10c · Land, buildings and equipment, net
beginning of year $150,465 · end of year $121,413
-
17 · Accounts payable and accrued expenses
beginning of year $237 · end of year $2,688
-
19 · Deferred revenue
beginning of year $1,000 · end of year $1,000
-
27 · Net assets without donor restrictions
beginning of year $3,914,700 · end of year $4,520,097
Mission and programs · 2024
Mission
ELEVATES THE MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS OF ITS MEMBERS, AND THEIR FAMILIES AND DEPENDENTS, IN THE INTEREST OF A HIGHER STANDARD OF CITIZENSHIP.
Activities or mission (Part I)
ELEVATES THE MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS OF ITS MEMBERS.
-
ELEVATES THE MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS OF ITS MEMBERS, AND THEIR FAMILIES AND DEPENDENTS, IN THE INTEREST OF A HIGHER STANDARD OF CITIZENSHIP.
As filed on the 2024 return.
Listed in Part VII
-
Luensman Junior Left 72024LUENSMAN JUNIOR LEFT 72024
BUSINESS MANAGER/FINANCIAL
- Total calculated
- $99,987
- From this org
- $71,105
- From related orgs
- $0
- Other
- $28,882
- Hours/week
- 49 + 1 related
-
Resor MatthewRESOR MATTHEW
BUSINESS MANAGER/FINANCIAL
- Total calculated
- $161,879
- From this org
- $114,209
- From related orgs
- $0
- Other
- $47,670
- Hours/week
- 49 + 1 related
Schedule J breakdown matched by us
- Base
- $114,209
- Bonus
- $0
- Other
- $0
- Deferred
- $26,080
- Nontaxable benefits
- $21,590
- Filer's total
- $161,879
-
Franklin JohnFRANKLIN JOHN
PRESIDENT
- Total calculated
- $4,217
- From this org
- $4,217
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Foster AaronFOSTER AARON
VICE PRESIDENT
- Total calculated
- $406
- From this org
- $406
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Fasselius JonFASSELIUS JON
RECORDING SECRETARY
- Total calculated
- $2,424
- From this org
- $2,424
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Straub SteveSTRAUB STEVE
TREASURER
- Total calculated
- $2,424
- From this org
- $2,424
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Cooling JeffCOOLING JEFF
PRESIDENT (LEFT 8/2024)
- Total calculated
- $2,010
- From this org
- $2,010
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Dill CodyDILL CODY
EXECUTIVE BOARD
- Total calculated
- $1,773
- From this org
- $1,773
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Edmunds RyanEDMUNDS RYAN
EXECUTIVE BOARD
- Total calculated
- $1,655
- From this org
- $1,655
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
McNally KentMCNALLY KENT
EXECUTIVE BOARD
- Total calculated
- $1,214
- From this org
- $1,214
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Neal ChadNEAL CHAD
EXECUTIVE BOARD
- Total calculated
- $246
- From this org
- $246
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Umstead JoshUMSTEAD JOSH
EXECUTIVE BOARD
- Total calculated
- $945
- From this org
- $945
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Volk NickVOLK NICK
EXECUTIVE BOARD
- Total calculated
- $951
- From this org
- $951
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Campion ChadCAMPION CHAD
ORGANIZER
- Total calculated
- $156,303
- From this org
- $109,415
- From related orgs
- $0
- Other
- $46,888
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $109,415
- Bonus
- $0
- Other
- $0
- Deferred
- $25,672
- Nontaxable benefits
- $21,216
- Filer's total
- $156,303
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
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
-
$83,000
TO SUPPORT PROGRAMS USED TO COMMUNICATE WITH MEMBERS
-
ELECTRICAL WORKERS BUILDING CO
$55,264
IMPROVEMENTS & PROPERTY TAXES FOR 1211 WILEY BLVD BUILDING
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.
-
LOCAL #405 HEALTH AND WELFARE FUND
501(C)(9) · TO USE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS · IA
-
IBEW LOCAL 405 DEFERRED SAVINGS PLAN
501(C)(9) · TO USE CONTRIBUTIONS TO PROVIDE RETIREMENT BENEFITS · IA
-
CEDAR RAPIDS ELECTRICAL APPRENTICESHIP TRAINING AND EDUCATIONAL TRUST
501(C)(3) · TO PROVIDE TRAINING AND EDUCATION FOR EASTERN IOWA APPRENTICES AND JOURNEYME · IA
-
ELECTRICAL WORKERS BUILDING CO
501(C)(2) · MAINTAIN BUILDING (UNION HALL) FOR MEMBERSHIP · IA · controlled entity
Directly controlled by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 405
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501339349305065
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