Form 990 for tax year 2024
Filed by IBEW LOCAL 124 AND KANSAS CITY CHAPTER NATIONAL ELECTRICAL.
Totals
- Total revenue
- $1,152,072
- Total expenses
- $785,193
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,152,072
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,554,709
- Total liabilities, end of year
- $1,933
- Net assets or fund balances, end of year
- $1,552,776
- 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: EMPLOYER CONTRIBUTIONS
total $1,152,072 · related or exempt $1,152,072
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $13,678
-
9 · Other employee benefits
total $6,240
-
10 · Payroll taxes
total $1,051
-
11b · Fees: legal
total $1,752
-
11c · Fees: accounting
total $7,662
-
12 · Advertising and promotion
total $252,129
-
13 · Office expenses
total $1,009
-
16 · Occupancy
total $1,775
-
23 · Insurance
total $860
-
24a · Other expenses: DRUG TESTING
total $264,256
-
24b · Other expenses: SPONSORSHIP DUES
total $146,618
-
24c · Other expenses: MEMBERSHIP DUES
total $69,129
-
24d · Other expenses: REFERRAL INCENTIVE PROG
total $11,000
-
24e · All other expenses
total $8,034
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,091,169 · end of year $1,447,787
-
4 · Accounts receivable
beginning of year $71,092 · end of year $106,922
-
9 · Prepaid expenses and deferred charges
beginning of year $69,098 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$24,670
-
10b · Land, buildings and equipment: accumulated depreciation
$24,670
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $45,462 · end of year $1,933
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,185,897 · end of year $1,552,776
Mission and programs · 2024
Mission
TO PROMOTE THE USE OF UNION ELECTRICAL CONTRACTORS AND IMPROVE WORKING RELATIONSHIPS BETWEEN EMPLOYERS AND EMPLOYEES.
-
TO PROMOTE THE USE OF UNION ELECTRICAL CONTRACTORS THROUGH MARKETING CAMPAIGNS AS WELL AS SPONSORSHIP PROGRAMS THAT WILL IMPROVE WORKING RELATIONSHIPS FOR THE EMPLOYERS AND EMPLOYEES OF LOCAL #124.
As filed on the 2024 return.
Listed in Part VII
-
Bo MorenoBO MORENO
CHAIRMAN, UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth C BordenKENNETH C BORDEN
SECRETARY, BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael QuarlesMICHAEL QUARLES
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Troy YatesTROY YATES
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris HeegnCHRIS HEEGN
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Todd HowertonTODD HOWERTON
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
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.
-
IBEW #124 ANNUITY & 401(K) FUND
501(A) · EMPLOYEE BENEFITS · MO
-
IBEW #124 PENSION FUND
501(A) · EMPLOYEE BENEFITS · MO
-
IBEW #124 VACATION & HOLIDAY FUND
501(C)(9) · EMPLOYEE BENEFITS · MO
-
IBEW #124 ELECTRICAL JOINT APPRENTICESHIP & TRAINING TRUST FUND
501(C)(5) · TRAINING AND EDUCATION · MO
-
IBEW #124 HEALTH & WELFARE FUND
501(C)(9) · EMPLOYEE BENEFITS · MO
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
IBEW - NECA BENEFIT CENTER INC
C · ADMINISTRATION OF EMPLOYEE BENEFITS · MO
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630149349301413
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.