Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WKRS UNION 480 & JACKSO.
Totals
- Total revenue
- $8,396,178
- Total expenses
- $8,163,756
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $8,157,382
- Investment income
- $238,796
- Other revenue
- $0
- Total assets, end of year
- $11,424,594
- Total liabilities, end of year
- $1,708,617
- Net assets or fund balances, end of year
- $9,715,977
- 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: PLAN CONTRIBUTIONS
total $8,102,029 · related or exempt $8,102,029
-
2b · Program service revenue: ADMINISTRATIVE REIMB.
total $55,353 · related or exempt $55,353
-
3 · Investment income
total $244,134 · excluded $244,134
-
7a · Gross sales of assets other than inventory
securities $6,028,322
-
7b · Less cost or other basis and sales expenses
securities $6,033,660
-
7c · Gain or loss
securities -$5,338
-
7d · Net gain or loss
total -$5,338 · excluded -$5,338
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $7,255,109
-
5 · Compensation of officers, directors and key employees
total $115,877
-
7 · Other salaries and wages
total $56,867
-
8 · Pension plan contributions
total $9,198
-
9 · Other employee benefits
total $11,084
-
10 · Payroll taxes
total $12,996
-
11b · Fees: legal
total $38,047
-
11c · Fees: accounting
total $26,000
-
11g · Fees: other
total $596,550
-
13 · Office expenses
total $13,711
-
16 · Occupancy
total $3,000
-
17 · Travel
total $6,954
-
19 · Conferences, conventions and meetings
total $1,157
-
22 · Depreciation, depletion and amortization
total $3,752
-
23 · Insurance
total $8,291
-
24a · Other expenses: GOVT FEES
total $4,048
-
24b · Other expenses: STORAGE
total $755
-
24c · Other expenses: REGISTRATION FEES
total $360
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,235,283 · end of year $1,090,405
-
2 · Savings and temporary cash investments
beginning of year $6,306,040 · end of year $6,930,800
-
4 · Accounts receivable
beginning of year $2,572,628 · end of year $3,100,247
-
10a · Land, buildings and equipment: cost or other basis
$74,682
-
10b · Land, buildings and equipment: accumulated depreciation
$62,489
-
10c · Land, buildings and equipment, net
beginning of year $15,945 · end of year $12,193
-
11 · Investments: publicly traded securities
beginning of year $340,046 · end of year $290,949
-
15 · Other assets
beginning of year $13,563
-
17 · Accounts payable and accrued expenses
beginning of year $65,506 · end of year $99,627
-
19 · Deferred revenue
beginning of year $6,007 · end of year $6,007
-
25 · Other liabilities
beginning of year $1,044,621 · end of year $1,602,983
-
31 · Retained earnings, endowment or other funds
beginning of year $9,367,371 · end of year $9,715,977
Mission and programs · 2023
Mission
HEALTH BENEFITS FOR PARTICIPANTS.
-
PROVIDING MEDICAL AND DENTAL BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS,AND LIFE COVERAGE FOR PARTICIPANTS.
-
PROVIDING MEDICAL AND DENTAL BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS, AND LIFE COVERAGE FOR PARTICIPANTS.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
R Joel HillR JOEL HILL
PLAN ADMINIS
- Total calculated
- $115,877
- From this org
- $93,858
- From related orgs
- $0
- Other
- $22,019
- Hours/week
- 40 + 2 related
-
Brooks E MartinBROOKS E MARTIN
CHAIRMAN/IBE
- Total calculated
- $121,213
- From this org
- $0
- From related orgs
- $98,513
- Other
- $22,700
- Hours/week
- 2 + 40 related
-
Mike MorganMIKE MORGAN
TRUSTEE/IBEW
- Total calculated
- $115,846
- From this org
- $0
- From related orgs
- $93,146
- Other
- $22,700
- Hours/week
- 2 + 40 related
-
Brad WallaceBRAD WALLACE
TRUSTEE/IBEW
- Total calculated
- $117,417
- From this org
- $0
- From related orgs
- $94,717
- Other
- $22,700
- Hours/week
- 2 + 40 related
-
David HenleyDAVID HENLEY
TRUSTEE/IBEW
- Total calculated
- $103,928
- From this org
- $0
- From related orgs
- $81,245
- Other
- $22,683
- Hours/week
- 2 + 40 related
-
David KellyDAVID KELLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mike RussumMIKE RUSSUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Glade McInnisGLADE MCINNIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brad FountainBRAD FOUNTAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
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.
-
501C5 · TRAINING · MS
-
IBEW-NECA ELECTR JT APPR TRAINING
501C5 · TRAINING · MS
-
INT'L BROTH OF ELECTR WKR LOCAL 480
501C5 · UNION · MS
-
INT'L BROTH OF ELECTR WKR LOCAL 917
501C5 · UNION · MS
-
NAT'L ELECTR CONTR ASSOC CENTRAL MS
501C6 · BUS. ASSOC · MS
-
NECA IBEW 480 PENSION PLAN
401A · RETIR PLAN · MS
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 partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
APEX ELECTRIC LLC
EMPLOYER
-
COVINGTON ELECTRIC COMPANY LLC
EMPLOYER
-
MW ELECTRIC LLC
EMPLOYER
-
ELECTRIFIED ELECTRICAL SERVICES LLC
EMPLOYER
-
RNC ELECTRICAL SERVICES LLC
EMPLOYER
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
4G ELECTRIC
EMPLOYER
-
ALLIED INDUSTRIAL SERV
EMPLOYER
-
ATEC ELECTRIC
EMPLOYER
-
BRANDON SERVICE COMPANY
EMPLOYER
-
BUFFALO ELECTRICAL INC
EMPLOYER
-
CACHE VALLEY ELECTRIC
EMPLOYER
-
CHICKASAW SOLUTIONS INC
EMPLOYER
-
COPELAND ELECTRIC COMPANY INC
EMPLOYER
-
COVINGTON ELECTRIC SERVICE
EMPLOYER
-
DAY AND ZIMMERMAN
EMPLOYER
-
DOLEAC ELECTRIC COMPANY INC
EMPLOYER
-
DULANEY AND ASSOCIATES
EMPLOYER
-
EMS
EMPLOYER
-
ELECTRICAL BUILDERS INC
EMPLOYER
-
EMS OF LOUISIANA
EMPLOYER
-
FOUNTAIN CONSTRUCTION COMPANY
EMPLOYER
-
GULF ELECTRIC COMPANY INC
EMPLOYER
-
ICE
EMPLOYER
-
LEWIS ELECTRIC INC
EMPLOYER
-
MAGNOLIA ELECTRIC COMPANY
EMPLOYER
-
MCINNIS ELECTRIC COMPANY
EMPLOYER
-
NKC
EMPLOYER
-
R&W ELECTRIC CO
EMPLOYER
-
RALPH WHITE ELECTRICAL CO
EMPLOYER
-
RAM ELECTRIC COMPANY
EMPLOYER
-
RS COMPANY
EMPLOYER
-
SERVICE PLUS
EMPLOYER
-
SOUTHERN WIRED ELECTRIC
EMPLOYER
-
THOMAS ELECTRIC
EMPLOYER
-
TOMPKINS ELECTRIC COMPANY
EMPLOYER
-
TONY WATSON ELECTRIC INC
EMPLOYER
-
V ELECTRIC
EMPLOYER
-
VEC ELECTRIC
EMPLOYER
-
WALTER J BARNES ELECTRIC
EMPLOYER
-
WEATHERS ELECTRICAL INC
EMPLOYER
-
WEAVER ELECTRIC
EMPLOYER
-
WEBSTER ELECTRIC COMPANY INC
EMPLOYER
-
WOODALL ELECTRIC INC
EMPLOYER
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202402909349301580
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