Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Totals
- Total revenue
- $10,453,933
- Total expenses
- $6,254,092
- Contributions and grants received
- $9,611,689
- Grants paid
- $22,000
- Program service revenue
- $0
- Investment income
- $620,295
- Other revenue
- $221,949
- Total assets, end of year
- $49,460,999
- Total liabilities, end of year
- $1,228,475
- Net assets or fund balances, end of year
- $48,232,524
- 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.
-
1b · Membership dues
$9,607,984
-
1f · All other contributions, gifts and grants
$3,705
-
3 · Investment income
total $561,314 · unrelated business $0 · excluded $561,314
-
7a · Gross sales of assets other than inventory
other assets $285,637
-
7b · Less cost or other basis and sales expenses
other assets $226,656
-
7c · Gain or loss
other assets $58,981
-
7d · Net gain or loss
total $58,981 · related or exempt $58,981 · unrelated business $0 · excluded $0
-
11a · Other revenue: REFUNDS/REIMBURSEMENTS
total $100,289 · related or exempt $100,289 · unrelated business $0 · excluded $0
-
11b · Other revenue: LOCAL EVENTS
total $77,364 · related or exempt $77,364 · unrelated business $0 · excluded $0
-
11c · Other revenue: RECREATION INCOME
total $24,980 · related or exempt $24,980 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $19,316 · related or exempt $19,316 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$221,949
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $22,000 · program services $0
-
5 · Compensation of officers, directors and key employees
total $1,092,335 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $1,469,167 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $438,093 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $468,301 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $177,749 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $10,485 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $17,715 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $1,300 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $109,979 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $63,457 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $6,000 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $41,921 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $70,030 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $76,637 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $62,374 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: PER CAPITA DUES PAYMENTS
total $1,436,240 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: MEMBER EVENTS
total $235,106 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: CONTRIBUTIONS
total $118,435 · program services $0 · management and general $0 · fundraising $0
-
24d · Other expenses: TEMPORARY HELP FEES
total $96,760 · program services $0 · management and general $0 · fundraising $0
-
24e · All other expenses
total $240,008 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $19,839,907 · end of year $13,520,966
-
2 · Savings and temporary cash investments
beginning of year $10,034,968 · end of year $20,764,952
-
7 · Other notes and loans receivable
beginning of year $14,455,301 · end of year $14,455,301
-
10a · Land, buildings and equipment: cost or other basis
$1,824,891
-
10b · Land, buildings and equipment: accumulated depreciation
$1,119,609
-
10c · Land, buildings and equipment, net
beginning of year $315,267 · end of year $705,282
-
11 · Investments: publicly traded securities
beginning of year $46,828 · end of year $14,498
-
23 · Secured mortgages and notes payable
beginning of year $62,616 · end of year $40,606
-
25 · Other liabilities
beginning of year $1,131,816 · end of year $1,187,869
-
27 · Net assets without donor restrictions
beginning of year $43,497,222 · end of year $48,231,907
-
28 · Net assets with donor restrictions
beginning of year $617 · end of year $617
Mission and programs · 2023
Mission
PROMOTE INTELLECTUAL/MATERIAL WELL BEING OF MEMBERS
-
THE UNION PROMOTES THE WELL BEING OF OVER 2,700 MEMBERS BY PROVIDING A VARIETY OF PROGRAMS AND SERVICES.
As filed on the 2023 return.
Listed in Part VII
-
Thomas J Sullivan JrTHOMAS J SULLIVAN JR
BUSINESS AGENT & PRESIDENT
- Total calculated
- $360,643
- From this org
- $225,393
- From related orgs
- $0
- Other
- $135,250
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,393
- Bonus
- $0
- Other
- $0
- Deferred
- $68,734
- Nontaxable benefits
- $66,516
- Filer's total
- $360,643
-
Warren BeckerWARREN BECKER
VICE PRESIDENT
- Total calculated
- $600
- From this org
- $600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
VALENTINE McHALE
TREASURER
- Total calculated
- $1,800
- From this org
- $1,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Donald HealDONALD HEAL
BUSINESS AGENT & TREASURER
- Total calculated
- $320,094
- From this org
- $200,377
- From related orgs
- $0
- Other
- $119,717
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,377
- Bonus
- $0
- Other
- $0
- Deferred
- $60,840
- Nontaxable benefits
- $58,877
- Filer's total
- $320,094
-
Daniel GumbleDANIEL GUMBLE
BUSINESS MGR & FINANCIAL SECRETARY
- Total calculated
- $415,144
- From this org
- $258,973
- From related orgs
- $0
- Other
- $156,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $258,973
- Bonus
- $0
- Other
- $0
- Deferred
- $79,366
- Nontaxable benefits
- $76,805
- Filer's total
- $415,144
-
Todd HeuerTODD HEUER
BUSINESS AGENT & RECORDING SECRETARY
- Total calculated
- $322,989
- From this org
- $203,272
- From related orgs
- $0
- Other
- $119,717
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,272
- Bonus
- $0
- Other
- $0
- Deferred
- $60,840
- Nontaxable benefits
- $58,877
- Filer's total
- $322,989
-
Christopher LarsonCHRISTOPHER LARSON
BUSINESS AGENT
- Total calculated
- $323,909
- From this org
- $204,192
- From related orgs
- $0
- Other
- $119,717
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,192
- Bonus
- $0
- Other
- $0
- Deferred
- $60,840
- Nontaxable benefits
- $58,877
- Filer's total
- $323,909
-
Jason ReiserJASON REISER
BUSINESS AGENT
- Total calculated
- $320,478
- From this org
- $200,822
- From related orgs
- $0
- Other
- $119,656
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,822
- Bonus
- $0
- Other
- $0
- Deferred
- $60,809
- Nontaxable benefits
- $58,847
- Filer's total
- $320,478
-
Keith MisciagnaKEITH MISCIAGNA
BUSINESS AGENT
- Total calculated
- $319,556
- From this org
- $199,900
- From related orgs
- $0
- Other
- $119,656
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,900
- Bonus
- $0
- Other
- $0
- Deferred
- $60,809
- Nontaxable benefits
- $58,847
- Filer's total
- $319,556
-
Kevin D MarionKEVIN D MARION
BUSINESS AGENT & ORGANIZER
- Total calculated
- $218,467
- From this org
- $136,039
- From related orgs
- $0
- Other
- $82,428
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,039
- Bonus
- $0
- Other
- $0
- Deferred
- $41,889
- Nontaxable benefits
- $40,539
- Filer's total
- $218,467
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
None.
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.
-
LOCAL UNION #164 IBEW COPE FUND
527 · POLITICAL CONTRIBUTIONS · NJ
Directly controlled by NA
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.
-
Paul Central Corporation
C · Real Estate Rental · NJ · 100% owned
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422969349301232
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