Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $10,975,789 · related or exempt $10,975,789

• 2b · Program service revenue: FOOD SHELF CONTRIBUTIONS

  total $22,646 · related or exempt $22,646

• 3 · Investment income

  total $266,678 · excluded $266,678

• 7a · Gross sales of assets other than inventory

  securities $111,161

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

  securities $71,353

• 7c · Gain or loss

  securities $39,808

• 7d · Net gain or loss

  total $39,808 · excluded $39,808

• 11a · Other revenue: REFUNDS AND REIMBURSEMENTS

  total $38,620 · excluded $38,620

• 11b · Other revenue: SALE OF SUPPLIES

  total $31,979 · excluded $31,979

• 11c · Other revenue: ASSESSMENTS

  total $19,601 · excluded $19,601

• 11d · All other revenue

  total $19,968 · excluded $19,968

• 11e · Other revenue, total

  $110,168

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $234,104

• 2 · Grants to domestic individuals

  total $50,521

• 4 · Benefits paid to or for members

  total $46,102

• 5 · Compensation of officers, directors and key employees

  total $1,251,768

• 7 · Other salaries and wages

  total $1,372,716

• 8 · Pension plan contributions

  total $325,107

• 9 · Other employee benefits

  total $290,587

• 10 · Payroll taxes

  total $197,279

• 11b · Fees: legal

  total $79,390

• 11c · Fees: accounting

  total $25,818

• 11f · Fees: investment management

  total $10,264

• 11g · Fees: other

  total $3,049

• 12 · Advertising and promotion

  total $192,099

• 13 · Office expenses

  total $285,032

• 14 · Information technology

  total $96,252

• 16 · Occupancy

  total $607,475

• 17 · Travel

  total $84,049

• 19 · Conferences, conventions and meetings

  total $238,584

• 21 · Payments to affiliates

  total $2,382,227

• 22 · Depreciation, depletion and amortization

  total $75,497

• 23 · Insurance

  total $31,596

• 24a · Other expenses: TRANSFER TO BUILDING

  total $1,683,991

• 24b · Other expenses: WAGE DIFFERENTIAL PAYME

  total $1,009,750

• 24c · Other expenses: MEMBERSHIP SOCIAL EVENT

  total $224,287

• 24d · Other expenses: TRANSFER TO IBEW 292 PA

  total $176,609

• 24e · All other expenses

  total $40,036

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $9,305,843 · end of year $277,797

• 2 · Savings and temporary cash investments

  beginning of year $543,673 · end of year $9,932,471

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

  $422,958

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

  $233,533

• 10c · Land, buildings and equipment, net

  beginning of year $220,846 · end of year $189,425

• 11 · Investments: publicly traded securities

  beginning of year $2,169,423 · end of year $2,223,052

• 12 · Investments: other securities

  beginning of year $536,244 · end of year $550,698

• 15 · Other assets

  beginning of year $7,033,332 · end of year $8,704,643

• 25 · Other liabilities

  beginning of year $15,590 · end of year $12,104

• 27 · Net assets without donor restrictions

  beginning of year $19,793,771 · end of year $21,865,982

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS DETERMINED BY IBEW LOCAL UNION NO. 292 BYLAWS.