Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Totals
- Total revenue
- $22,313,763
- Total expenses
- $14,688,673
- Contributions and grants received
- $0
- Grants paid
- $279,557
- Program service revenue
- $20,622,264
- Investment income
- $1,487,112
- Other revenue
- $204,387
- Total assets, end of year
- $52,316,707
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $52,316,707
- 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 & ASSESSMENTS
total $20,622,264 · related or exempt $20,622,264
-
3 · Investment income
total $1,478,689 · excluded $1,478,689
-
7a · Gross sales of assets other than inventory
securities $3,352,143 · other assets $8,000
-
7b · Less cost or other basis and sales expenses
securities $3,351,720 · other assets $0
-
7c · Gain or loss
securities $423 · other assets $8,000
-
7d · Net gain or loss
total $8,423 · related or exempt $8,000 · excluded $423
-
11a · Other revenue: MISCELLANEOUS, REIMBURSEMENTS
total $204,387 · related or exempt $204,387
-
11e · Other revenue, total
$204,387
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $279,557
-
4 · Benefits paid to or for members
total $310,163
-
5 · Compensation of officers, directors and key employees
total $353,627
-
7 · Other salaries and wages
total $3,646,022
-
8 · Pension plan contributions
total $965,085
-
9 · Other employee benefits
total $1,029,857
-
10 · Payroll taxes
total $385,130
-
11b · Fees: legal
total $47,028
-
11c · Fees: accounting
total $117,627
-
11f · Fees: investment management
total $142,319
-
11g · Fees: other
total $61,853
-
12 · Advertising and promotion
total $129,122
-
13 · Office expenses
total $388,153
-
14 · Information technology
total $103,636
-
16 · Occupancy
total $174,824
-
17 · Travel
total $371,580
-
19 · Conferences, conventions and meetings
total $151,801
-
21 · Payments to affiliates
total $3,136,091
-
22 · Depreciation, depletion and amortization
total $183,291
-
23 · Insurance
total $88,409
-
24a · Other expenses: CONTRACTOR PAYMENTS
total $1,266,872
-
24b · Other expenses: EDUCATION, DEVELOPMENT,
total $523,601
-
24c · Other expenses: COUNCIL AFFILIATIONS/TR
total $387,767
-
24d · Other expenses: INCENTIVE PROGRAM/MRP
total $229,268
-
24e · All other expenses
total $215,990
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $115,285 · end of year $129,625
-
2 · Savings and temporary cash investments
beginning of year $1,880,978 · end of year $2,821,186
-
10a · Land, buildings and equipment: cost or other basis
$6,253,974
-
10b · Land, buildings and equipment: accumulated depreciation
$1,418,072
-
10c · Land, buildings and equipment, net
beginning of year $1,465,493 · end of year $4,835,902
-
11 · Investments: publicly traded securities
beginning of year $34,875,548 · end of year $41,981,169
-
15 · Other assets
beginning of year $2,548,825 · end of year $2,548,825
-
27 · Net assets without donor restrictions
beginning of year $40,886,129 · end of year $52,316,707
Mission and programs · 2023
Mission
PROMOTE SAFE EMPLOYMENT FOR FAIR WAGES FOR MEMBERS.
-
IBEW LOCAL NO. 48 (A LABOR ORGANIZATION UNDER SECTION 501(C)(5) WITH APPROXIMATELY 5,864 MEMBERS AT DECEMBER 31, 2023) WORKS TO ORGANIZE ALL WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY, TO PROMOTE REASONABLE METHODS OF WORK, SETTLE ALL DISPUTES BY ARBITRATION IF POSSIBLE, TO ASSIST EACH OTHER IN SICKNESS OR DISTRESS, TO SECURE EMPLOYMENT FOR ADEQUATE PAY, AND TO ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF ITS MEMBERS.
As filed on the 2023 return.
Listed in Part VII
-
Katriena SmithKATRIENA SMITH
BOARD MEMBER
- Total calculated
- $13,086
- From this org
- $13,086
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Darrell BellDARRELL BELL
BOARD MEMBER
- Total calculated
- $29,315
- From this org
- $29,315
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Tory BlandTORY BLAND
BOARD MEMBER
- Total calculated
- $3,400
- From this org
- $3,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Ryan BrownRYAN BROWN
BOARD MEMBER
- Total calculated
- $2,960
- From this org
- $2,960
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Ed DrapeauED DRAPEAU
BOARD MEMBER
- Total calculated
- $11,486
- From this org
- $11,486
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Amanda SwanAMANDA SWAN
BOARD MEMBER
- Total calculated
- $24,733
- From this org
- $24,733
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Garth BachmanGARTH BACHMAN
BUSINESS MANAGER
- Total calculated
- $241,003
- From this org
- $175,536
- From related orgs
- $0
- Other
- $65,467
- Hours/week
- 47 + 1 related
Schedule J breakdown matched by us
- Base
- $175,536
- Bonus
- $0
- Other
- $0
- Deferred
- $43,440
- Nontaxable benefits
- $22,027
- Filer's total
- $241,003
-
David JacobsenDAVID JACOBSEN
PRESIDENT
- Total calculated
- $8,777
- From this org
- $8,777
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Paul NewPAUL NEW
VICE PRESIDENT
- Total calculated
- $5,991
- From this org
- $5,991
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Susan RodawaySUSAN RODAWAY
TREASURER
- Total calculated
- $6,598
- From this org
- $6,598
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
John WilsonJOHN WILSON
RECORDING SECRETARY
- Total calculated
- $6,278
- From this org
- $6,278
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8 + 0.2 related
-
Joseph A BondJOSEPH A BOND
BUSINESS REP
- Total calculated
- $225,453
- From this org
- $161,036
- From related orgs
- $0
- Other
- $64,417
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $161,036
- Bonus
- $0
- Other
- $0
- Deferred
- $41,541
- Nontaxable benefits
- $22,876
- Filer's total
- $225,453
-
William M HodgesWILLIAM M HODGES
ASST BUSINESS MANAGER
- Total calculated
- $230,593
- From this org
- $161,000
- From related orgs
- $0
- Other
- $69,593
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $161,000
- Bonus
- $0
- Other
- $0
- Deferred
- $41,541
- Nontaxable benefits
- $28,052
- Filer's total
- $230,593
-
Marshall McGradyMARSHALL MCGRADY
POLITICAL DIRECTOR
- Total calculated
- $224,529
- From this org
- $160,961
- From related orgs
- $0
- Other
- $63,568
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $160,961
- Bonus
- $0
- Other
- $0
- Deferred
- $41,541
- Nontaxable benefits
- $22,027
- Filer's total
- $224,529
-
Michael BridgesMICHAEL BRIDGES
BUSINESS REP
- Total calculated
- $225,223
- From this org
- $160,940
- From related orgs
- $0
- Other
- $64,283
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $160,940
- Bonus
- $0
- Other
- $0
- Deferred
- $41,541
- Nontaxable benefits
- $22,742
- Filer's total
- $225,223
-
Steven L HusseySTEVEN L HUSSEY
ORGANIZER
- Total calculated
- $233,448
- From this org
- $160,916
- From related orgs
- $0
- Other
- $72,532
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $160,916
- Bonus
- $0
- Other
- $0
- Deferred
- $41,541
- Nontaxable benefits
- $30,991
- Filer's total
- $233,448
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
-
HILLSBORO HOPS BASEBALL
$79,000
CONTRIBUTION
-
ELECTRICAL WORKERS MINORITY CAUCUS LOCAL
$65,000
SPONSORSHIP/GRANT
-
CONTRIBUTION
-
LABOR COMMUNITY SERVICES AGENCY
$21,075
CONTRIBUTION
-
$10,000
CONTRIBUTION
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.
-
ELECT WORKERS LOCAL 48 BLDG ASSOC BUILDING ASSOCIATION INC
501(C)(2) · HOLD TITLE · OR
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442019349300344
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