Skip to content
Nonprofiteer
← INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

Form 990 for tax year 2024

Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.

Totals

Total revenue
$9,440,024
Total expenses
$6,833,608
Contributions and grants received
$0
Grants paid
$133,549
Program service revenue
$8,698,512
Investment income
$541,358
Other revenue
$200,154
Total assets, end of year
$17,185,370
Total liabilities, end of year
$12,402
Net assets or fund balances, end of year
$17,172,968
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 & ASSE

    total $8,527,625 · related or exempt $8,527,625

  • 2b · Program service revenue: REIMBURSEMENT FROM AFF

    total $170,887 · related or exempt $170,887

  • 3 · Investment income

    total $534,929 · excluded $534,929

  • 7a · Gross sales of assets other than inventory

    securities $172,564

  • 7b · Less cost or other basis and sales expenses

    securities $166,135

  • 7c · Gain or loss

    securities $6,429

  • 7d · Net gain or loss

    total $6,429 · excluded $6,429

  • 9a · Gaming: gross income

    $96,200

  • 9b · Gaming: direct expenses

    $45,000

  • 9c · Net income from gaming

    total $51,200 · excluded $51,200

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $87,460 · excluded $87,460

  • 11b · Other revenue: INSURANCE PROCEEDS

    total $61,494 · excluded $61,494

  • 11e · Other revenue, total

    $148,954

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $94,549

  • 2 · Grants to domestic individuals

    total $39,000

  • 5 · Compensation of officers, directors and key employees

    total $476,320

  • 7 · Other salaries and wages

    total $1,871,643

  • 8 · Pension plan contributions

    total $454,755

  • 9 · Other employee benefits

    total $354,715

  • 10 · Payroll taxes

    total $181,458

  • 11b · Fees: legal

    total $59,441

  • 11c · Fees: accounting

    total $53,537

  • 11f · Fees: investment management

    total $27,690

  • 11g · Fees: other

    total $9,005

  • 12 · Advertising and promotion

    total $134,812

  • 13 · Office expenses

    total $140,959

  • 14 · Information technology

    total $75,208

  • 16 · Occupancy

    total $113,090

  • 17 · Travel

    total $85,825

  • 19 · Conferences, conventions and meetings

    total $295,338

  • 21 · Payments to affiliates

    total $1,565,363

  • 22 · Depreciation, depletion and amortization

    total $301,267

  • 23 · Insurance

    total $52,720

  • 24a · Other expenses: TRANSFER TO IBEW ILLINO

    total $145,784

  • 24b · Other expenses: EQUIPMENT RENTAL

    total $120,909

  • 24c · Other expenses: MEMBERS RECREATION

    total $100,262

  • 24d · Other expenses: MISCELLANEOUS

    total $24,430

  • 24e · All other expenses

    total $55,528

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $682,111 · end of year $1,277,260

  • 2 · Savings and temporary cash investments

    beginning of year $5,551,387 · end of year $6,940,353

  • 7 · Other notes and loans receivable

    beginning of year $47,000 · end of year $41,000

  • 10a · Land, buildings and equipment: cost or other basis

    $3,343,849

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,207,049

  • 10c · Land, buildings and equipment, net

    beginning of year $1,875,441 · end of year $2,136,800

  • 11 · Investments: publicly traded securities

    beginning of year $5,925,079 · end of year $6,558,214

  • 15 · Other assets

    beginning of year $232,760 · end of year $231,743

  • 25 · Other liabilities

    beginning of year $17,387 · end of year $12,402

  • 27 · Net assets without donor restrictions

    beginning of year $14,296,391 · end of year $17,172,968

Mission and programs · 2024

Mission

LABOR UNION

  • TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

As filed on the 2024 return.

Listed in Part VII

  • James Sanchez

    PRESIDENT/BUSINESS REP

    Total calculated
    $85,424
    From this org
    $40,627
    From related orgs
    $0
    Other
    $44,797
    Hours/week
    40
  • Keith Atchison

    VICE PRESIDENT

    Total calculated
    $7,072
    From this org
    $4,659
    From related orgs
    $0
    Other
    $2,413
    Hours/week
    2
  • Travis Sullivan

    RECORDING SECRETARY

    Total calculated
    $7,369
    From this org
    $7,369
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Charles Brookhouse

    TREASURER

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Dennis Anderson

    EXEC BOARD

    Total calculated
    $1,622
    From this org
    $1,622
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Kerry Ferguson

    EXEC BOARD

    Total calculated
    $7,578
    From this org
    $7,578
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Jeremy Byers

    EXEC BOARD

    Total calculated
    $9,401
    From this org
    $6,582
    From related orgs
    $0
    Other
    $2,819
    Hours/week
    2
  • Jerrel Cotton

    EXEC BOARD

    Total calculated
    $4,901
    From this org
    $4,901
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Jeremy Boatright

    EXEC BOARD

    Total calculated
    $7,731
    From this org
    $7,731
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Kenneth Johnson Jr

    EXEC BOARD

    Total calculated
    $1,908
    From this org
    $1,908
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Jason McMechan

    EXEC BOARD

    Total calculated
    $8,914
    From this org
    $8,914
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • John Savage

    EXEC BOARD

    Total calculated
    $7,074
    From this org
    $7,074
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Monte Russell

    EXEC BOARD

    Total calculated
    $13,053
    From this org
    $9,968
    From related orgs
    $0
    Other
    $3,085
    Hours/week
    2
  • Kevin Leehy

    EXEC BOARD

    Total calculated
    $1,958
    From this org
    $1,958
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • John Roberts

    EXEC BOARD

    Total calculated
    $4,195
    From this org
    $4,195
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Charles Hughart

    BUSINESS MANAGER/FINANCIAL

    Total calculated
    $245,872
    From this org
    $185,348
    From related orgs
    $0
    Other
    $60,524
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $185,348
    Bonus
    $0
    Other
    $0
    Deferred
    $50,210
    Nontaxable benefits
    $10,314
    Filer's total
    $245,872
  • Jamie Hatfield

    ASST BUSINESS MANAGER

    Total calculated
    $218,509
    From this org
    $173,445
    From related orgs
    $0
    Other
    $45,064
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,445
    Bonus
    $0
    Other
    $0
    Deferred
    $15,358
    Nontaxable benefits
    $29,706
    Filer's total
    $218,509
  • Gregory Kerley

    BUSINESS REP

    Total calculated
    $217,536
    From this org
    $163,704
    From related orgs
    $0
    Other
    $53,832
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,704
    Bonus
    $0
    Other
    $0
    Deferred
    $33,517
    Nontaxable benefits
    $20,315
    Filer's total
    $217,536
  • Justin Wright

    BUSINESS REP

    Total calculated
    $240,337
    From this org
    $165,578
    From related orgs
    $0
    Other
    $74,759
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,578
    Bonus
    $0
    Other
    $0
    Deferred
    $45,053
    Nontaxable benefits
    $29,706
    Filer's total
    $240,337
  • Jason Woolard

    BUSINESS REP

    Total calculated
    $238,232
    From this org
    $163,894
    From related orgs
    $0
    Other
    $74,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,894
    Bonus
    $0
    Other
    $0
    Deferred
    $44,632
    Nontaxable benefits
    $29,706
    Filer's total
    $238,232
  • Michael Lustig

    BUSINESS REP

    Total calculated
    $237,080
    From this org
    $162,972
    From related orgs
    $0
    Other
    $74,108
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,972
    Bonus
    $0
    Other
    $0
    Deferred
    $44,402
    Nontaxable benefits
    $29,706
    Filer's total
    $237,080

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

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.

  • ELECTRICIANS BUILDING CORP

    C · HOLD TITLE TO BUILDING · IL · 100% owned · share of income $39,282 · share of assets $231,743 · controlled entity

    Directly controlled by IBEW LOCAL 702

Provenance

Return type
form_990
Tax year
2024
Filed
26 November 2025
IRS schema version
2024v5.2
Source object
202523309349301252

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.