Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 14.
Totals
- Total revenue
- $3,192,117
- Total expenses
- $2,775,223
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,074,991
- Investment income
- $126,559
- Other revenue
- -$9,433
- Total assets, end of year
- $4,871,334
- Total liabilities, end of year
- $246,822
- Net assets or fund balances, end of year
- $4,624,512
- 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 $3,074,991 · related or exempt $3,074,991
-
3 · Investment income
total $126,559 · related or exempt $126,559
-
10a · Gross sales of inventory
$8,024
-
10b · Cost of goods sold
$36,911
-
10c · Net income from sales of inventory
total -$28,887 · related or exempt -$28,887
-
11a · Other revenue: JATT ADMIN FEE
total $12,380 · related or exempt $12,380
-
11b · Other revenue: MISCELLANEOUS
total $7,074 · related or exempt $7,074
-
11e · Other revenue, total
$19,454
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $682,646
-
8 · Pension plan contributions
total $168,465
-
9 · Other employee benefits
total $174,332
-
10 · Payroll taxes
total $54,266
-
13 · Office expenses
total $38,881
-
16 · Occupancy
total $28,551
-
17 · Travel
total $6,007
-
19 · Conferences, conventions and meetings
total $44,769
-
21 · Payments to affiliates
total $554,352
-
22 · Depreciation, depletion and amortization
total $53,196
-
23 · Insurance
total $22,580
-
24a · Other expenses: INDUSTRY ADVANCEMENT
total $602,897
-
24b · Other expenses: PAC FUND EXPENSES
total $66,420
-
24c · Other expenses: MISCELLANEOUS
total $60,017
-
24d · Other expenses: PROFESSIONAL FEES
total $53,812
-
24e · All other expenses
total $164,032
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $3,517,493 · end of year $4,111,269
-
9 · Prepaid expenses and deferred charges
beginning of year $139 · end of year $30,805
-
10a · Land, buildings and equipment: cost or other basis
$1,089,348
-
10b · Land, buildings and equipment: accumulated depreciation
$650,994
-
10c · Land, buildings and equipment, net
beginning of year $434,100 · end of year $438,354
-
11 · Investments: publicly traded securities
beginning of year $266,783 · end of year $290,906
-
17 · Accounts payable and accrued expenses
beginning of year $22,468 · end of year $246,822
-
29 · Capital stock, trust principal or current funds
beginning of year $3,949,229 · end of year $4,196,047
-
31 · Retained earnings, endowment or other funds
beginning of year $246,818 · end of year $428,465
Mission and programs · 2023
Mission
TO ORGANIZE WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY, PROMOTE REASONABLE METHODS OF WORK, SETTLE DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES, SECURE EMPLOYMENT AND ADEQUATE WAGE, AND SEEK A HIGHER STANDARD OF LIVING AND FRIENDSHIP.
-
TO ORGANIZE WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY, PROMOTE REASONABLE METHODS OF WORK, SETTLE DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES, SECURE EMPLOYMENT AND ADEQUATE WAGE, AND SEEK A HIGHER STANDARD OF LIVING AND FRIENDSHIP.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jon ChermackJON CHERMACK
BUSINESS MAN
- Total calculated
- $152,588
- From this org
- $101,944
- From related orgs
- $0
- Other
- $50,644
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $101,944
- Bonus
- not reported
- Other
- not reported
- Deferred
- $25,499
- Nontaxable benefits
- $25,145
- Filer's total
- $152,588
-
Mark LauerMARK LAUER
BUSINESS MAN
- Total calculated
- $138,624
- From this org
- $90,783
- From related orgs
- $0
- Other
- $47,841
- Hours/week
- 44
-
Dan GundersonDAN GUNDERSON
PRESIDENT
- Total calculated
- $21,966
- From this org
- $14,501
- From related orgs
- $0
- Other
- $7,465
- Hours/week
- 6.72
-
Tertia RoggeTERTIA ROGGE
VICE PRESIDE
- Total calculated
- $8,538
- From this org
- $5,636
- From related orgs
- $0
- Other
- $2,902
- Hours/week
- 2.61
-
Mark HinkMARK HINK
TREASURER
- Total calculated
- $6,638
- From this org
- $4,382
- From related orgs
- $0
- Other
- $2,256
- Hours/week
- 2.03
-
Howard JohnsonHOWARD JOHNSON
EXEC BOARD
- Total calculated
- $4,554
- From this org
- $3,006
- From related orgs
- $0
- Other
- $1,548
- Hours/week
- 1.39
-
Zach LiebertZACH LIEBERT
EXEC BOARD
- Total calculated
- $3,659
- From this org
- $2,371
- From related orgs
- $0
- Other
- $1,288
- Hours/week
- 1.22
-
Derek BuegeDEREK BUEGE
EXEC BOARD (
- Total calculated
- $2,754
- From this org
- $1,818
- From related orgs
- $0
- Other
- $936
- Hours/week
- 0.84
-
Brent McIlquhamBRENT MCILQUHAM
EXEC BOARD
- Total calculated
- $2,566
- From this org
- $1,694
- From related orgs
- $0
- Other
- $872
- Hours/week
- 0.78
-
Anthony SiebertANTHONY SIEBERT
EXEC BOARD
- Total calculated
- $1,853
- From this org
- $1,201
- From related orgs
- $0
- Other
- $652
- Hours/week
- 0.62
-
Brock TraschelBROCK TRASCHEL
EXECUTIVE BO
- Total calculated
- $679
- From this org
- $440
- From related orgs
- $0
- Other
- $239
- Hours/week
- 0.23
-
Joel RothbauerJOEL ROTHBAUER
EXECUTIVE BO
- Total calculated
- $591
- From this org
- $383
- From related orgs
- $0
- Other
- $208
- Hours/week
- 0.2
-
Ervin RubenzerERVIN RUBENZER
EXECUTIVE BO
- Total calculated
- $438
- From this org
- $284
- From related orgs
- $0
- Other
- $154
- Hours/week
- 0.15
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 · Written employment contract
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
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 LOCAL UNION 14 BUILDING CORPOR
501C5 · PART VII · WI · controlled entity
Directly controlled by LOCAL 14
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423209349308207
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