Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.
Totals
- Total revenue
- $3,522,415
- Total expenses
- $3,486,738
- Contributions and grants received
- $0
- Grants paid
- $77,499
- Program service revenue
- $3,516,857
- Investment income
- $3,420
- Other revenue
- $2,138
- Total assets, end of year
- $6,718,096
- Total liabilities, end of year
- $362,653
- Net assets or fund balances, end of year
- $6,355,443
- 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 $3,516,857 · related or exempt $3,516,857
-
3 · Investment income
total $192,100 · excluded $192,100
-
7a · Gross sales of assets other than inventory
securities $2,151,824
-
7b · Less cost or other basis and sales expenses
securities $2,340,504
-
7c · Gain or loss
securities -$188,680
-
7d · Net gain or loss
total -$188,680 · excluded -$188,680
-
10a · Gross sales of inventory
$10,567
-
10b · Cost of goods sold
$8,429
-
10c · Net income from sales of inventory
total $2,138 · related or exempt $2,138
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $62,414
-
2 · Grants to domestic individuals
total $15,085
-
5 · Compensation of officers, directors and key employees
total $1,704,084
-
7 · Other salaries and wages
total $189,484
-
8 · Pension plan contributions
total $37,610
-
9 · Other employee benefits
total $87,213
-
10 · Payroll taxes
total $95,032
-
11b · Fees: legal
total $2,563
-
11c · Fees: accounting
total $14,450
-
11f · Fees: investment management
total $15,028
-
11g · Fees: other
total $7,051
-
12 · Advertising and promotion
total $2,185
-
13 · Office expenses
total $66,314
-
14 · Information technology
total $19,062
-
16 · Occupancy
total $178,707
-
17 · Travel
total $32,475
-
19 · Conferences, conventions and meetings
total $22,891
-
21 · Payments to affiliates
total $717,178
-
22 · Depreciation, depletion and amortization
total $55,721
-
23 · Insurance
total $24,817
-
24a · Other expenses: PICNIC EXPENSE
total $33,270
-
24b · Other expenses: HOLIDAY EXPENSE
total $27,712
-
24c · Other expenses: OLD TIMERS DINNER
total $24,557
-
24d · Other expenses: PROMOTIONAL ITEMS
total $19,588
-
24e · All other expenses
total $32,247
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $528,308 · end of year $519,808
-
2 · Savings and temporary cash investments
beginning of year $263,862 · end of year $364,098
-
4 · Accounts receivable
beginning of year $251,064 · end of year $255,909
-
9 · Prepaid expenses and deferred charges
beginning of year $33,319 · end of year $31,403
-
10a · Land, buildings and equipment: cost or other basis
$793,135
-
10b · Land, buildings and equipment: accumulated depreciation
$666,948
-
10c · Land, buildings and equipment, net
beginning of year $130,260 · end of year $126,187
-
11 · Investments: publicly traded securities
beginning of year $5,078,207 · end of year $5,374,567
-
15 · Other assets
beginning of year $32,135 · end of year $46,124
-
17 · Accounts payable and accrued expenses
beginning of year $323,497 · end of year $362,653
-
27 · Net assets without donor restrictions
beginning of year $5,993,658 · end of year $6,355,443
Mission and programs · 2023
Mission
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
-
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. THERE WERE 1,409 MEMBERS AT YEAR END.
As filed on the 2023 return.
Listed in Part VII
-
ANTHONY GIUNTI
BUSINESS MANAGER/FIN SEC
- Total calculated
- $285,667
- From this org
- $166,849
- From related orgs
- $0
- Other
- $118,818
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $137,013
- Bonus
- $0
- Other
- $29,836
- Deferred
- $84,234
- Nontaxable benefits
- $34,584
- Filer's total
- $285,667
-
WILLIAM DREW
PRESIDENT
- Total calculated
- $5,336
- From this org
- $5,336
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
BRIAN BENSON
TREASURER
- Total calculated
- $3,201
- From this org
- $3,201
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3 + 3 related
-
BRIAN SCHULZ
FORMER EXEC BOARD/MEM DEVELOP
- Total calculated
- $117,056
- From this org
- $72,431
- From related orgs
- $0
- Other
- $44,625
- Hours/week
- 40
-
JOHN BERGNER
RECORDING SECRETARY
- Total calculated
- $8,003
- From this org
- $8,003
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
JAMES POKORNY JR
FORMER EXEC BOARD
- Total calculated
- $2,929
- From this org
- $2,929
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
JIM VILETA JR
EXECUTIVE BOARD
- Total calculated
- $3,201
- From this org
- $3,201
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
JASON PHELPS
VICE PRESIDENT
- Total calculated
- $3,201
- From this org
- $3,201
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
TOM IMBURGIA
EXECUTIVE BOARD
- Total calculated
- $3,201
- From this org
- $3,201
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
BENJAMIN KRAMER
EXECUTIVE BOARD
- Total calculated
- $1,364
- From this org
- $1,364
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
DEBBIE ERBACH
EXAMINING BOARD
- Total calculated
- $0
- Hours/week
- 3
-
STEVE KOENIG
EXAMINING BOARD
- Total calculated
- $0
- Hours/week
- 3
-
NICK MOSSMAN
EXAMINING BOARD
- Total calculated
- $0
- Hours/week
- 3
-
BOB PERREAULT
BUSINESS REPRESENTATIVE
- Total calculated
- $280,173
- From this org
- $170,167
- From related orgs
- $0
- Other
- $110,006
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,613
- Bonus
- $0
- Other
- $43,554
- Deferred
- $78,048
- Nontaxable benefits
- $31,958
- Filer's total
- $280,173
-
FRANK GRAVINA
BUSINESS REPRESENTATIVE
- Total calculated
- $288,097
- From this org
- $174,119
- From related orgs
- $0
- Other
- $113,978
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $131,313
- Bonus
- $0
- Other
- $42,806
- Deferred
- $80,836
- Nontaxable benefits
- $33,142
- Filer's total
- $288,097
-
JOHN ROTI
BUSINESS REPRESENTATIVE
- Total calculated
- $280,173
- From this org
- $170,167
- From related orgs
- $0
- Other
- $110,006
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,613
- Bonus
- $0
- Other
- $43,554
- Deferred
- $78,048
- Nontaxable benefits
- $31,958
- Filer's total
- $280,173
-
MATT BANKS
COMPTROLLER
- Total calculated
- $142,913
- From this org
- $106,240
- From related orgs
- $0
- Other
- $36,673
- Hours/week
- 40
-
ALBERTO LOMELI
BUSINESS REPRESENTATIVE
- Total calculated
- $279,573
- From this org
- $169,567
- From related orgs
- $0
- Other
- $110,006
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $126,613
- Bonus
- $0
- Other
- $42,954
- Deferred
- $78,048
- Nontaxable benefits
- $31,958
- Filer's total
- $279,573
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
-
$7,500
DONATION
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 701 NEEDY MEMBERS FUND
501C3 · CHARITABLE ORGANIZATION · IL
-
IBEW LOCAL 701 POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTION COMMITTEE · IL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413169349301426
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