Intl Brthd Of Elect Workers(Ibew) Local Union 50

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541956492 ✦ Highland springs, VA ✦ Designated as a 501(c)(5)

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Overview

What is Intl Brthd Of Elect Workers(Ibew) Local Union 50?

Intl Brthd Of Elect Workers (Ibew) Local Union 50 is a nonprofit organization based in Highland Springs, Virginia. Their primary mission is to enhance the material and intellectual well-being of their members. The union represents employees from various energy sector companies, including Dominion Virginia Power, Virginia Natural Gas, First Energy, and Craig-Botetourt Electric Cooperative. Their activities are focused on promoting the welfare of their members, ensuring they have the necessary resources and support. The local union has a total of 67 employees.


Official website here: www.ibew50.org

Is Intl Brthd Of Elect Workers(Ibew) Local Union 50 legitimate?

Intl Brthd Of Elect Workers(Ibew) Local Union 50 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Intl Brthd Of Elect Workers(Ibew) Local Union 50 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $715,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $599,452

For more financial information, click here


Official website here: www.ibew50.org

What is the mission statement of Intl Brthd Of Elect Workers(Ibew) Local Union 50?

The International Brotherhood of Electrical Workers (IBEW) Local Union 50's primary objective is to enhance the material and intellectual well-being of its members. The union serves as a representative for the employees of Dominion Virginia Power, Virginia Natural Gas, First Energy, and Craig-Botetourt Electric Cooperative, ensuring their needs are addressed appropriately. It strives to promote their welfare by utilizing proper means, thereby fostering a supportive environment for its members.


Official website here: www.ibew50.org

Who is the CEO of Intl Brthd Of Elect Workers(Ibew) Local Union 50?

John Albert is the Executive Board Member of Intl Brthd Of Elect Workers(Ibew) Local Union 50.


Official website here: www.ibew50.org

What is the revenue of Intl Brthd Of Elect Workers(Ibew) Local Union 50?

Intl Brthd Of Elect Workers(Ibew) Local Union 50's revenue in 2022 was $2,292,566.


Official website here: www.ibew50.org

Who are the executives of Intl Brthd Of Elect Workers(Ibew) Local Union 50 and what are their salaries?

The average compensation at Intl Brthd Of Elect Workers(Ibew) Local Union 50 during 2022 was $19,624. There are 67 employees at Intl Brthd Of Elect Workers(Ibew) Local Union 50.


Here are 8 key members and their salaries:


Douglas L Williams (Executive Board Member)
  • Compensation: $45,530
  • Related: $0
  • Other: $0
Brad Stevens (President/Bus Mgr./Fin.Sec)
  • Compensation: $177,320
  • Related: $0
  • Other: $31,037
Mike Barclay (Recording Secretary)
  • Compensation: $62,546
  • Related: $0
  • Other: $2,502
John Albert (Treasurer)
  • Compensation: $142,746
  • Related: $0
  • Other: $34,949
Mark R Flowers (Executive Board Chairman)
  • Compensation: $11,129
  • Related: $0
  • Other: $0
Jason Davis (Vice President)
  • Compensation: $144,703
  • Related: $0
  • Other: $26,677
Jason Bradley (Executive Board Member)
  • Compensation: $25,955
  • Related: $0
  • Other: $0
Eric Napier (Business Representative)
  • Compensation: $110,489
  • Related: $0
  • Other: $29,973


Official website here: www.ibew50.org

Where can I find the form 990 for Intl Brthd Of Elect Workers(Ibew) Local Union 50?

Intl Brthd Of Elect Workers(Ibew) Local Union 50's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew50.org

Learn more at the official website: www.ibew50.org

Mission Statement of Intl Brthd Of Elect Workers(Ibew) Local Union 50

Intl Brthd Of Elect Workers (Ibew) Local Union 50, in its mission, strives to enhance the material and intellectual well-being of its members. This local union represents employees working for Dominion Virginia Power, Virginia Natural Gas, First Energy, and Craig-Botetourt Electric Cooperative. The purpose of Ibew Local Union 50 is to advocate and provide for the needs of its members, ensuring their overall welfare. The union functions as a representative body, safeguarding the interests of its employees and working towards their betterment.

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Impact




October, 2024

Intl Brotherhood of Electrical Workers (IBEW) Local Union 50 plays a significant role in enhancing the material and intellectual welfare of its members. Representing employees from Dominion Virginia Power, Virginia Natural Gas, First Energy, and Craig-Botetourt Electric Cooperative, the union focuses on advocating for the rights and interests of its members in the workplace.

Through collective bargaining, IBEW Local Union 50 works to secure fair wages, benefits, and working conditions, ensuring that its members receive the compensation and support they deserve. This advocacy not only improves the livelihoods of individual workers but also contributes to the overall stability and growth of the energy sector in Virginia.

Moreover, the union fosters a sense of community among its members through various educational and training initiatives. By promoting skill development and safety standards, IBEW Local Union 50 empowers its members to excel in their trades, ultimately enhancing their professional prospects and the overall quality of service in the industry.

In short, IBEW Local Union 50 significantly impacts its members’ lives by championing their rights, facilitating professional growth, and ensuring a safer and more equitable work environment.




This information is meant to be a general summary of Intl Brthd Of Elect Workers(Ibew) Local Union 50. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,292,566 (2022)
Expenses
$2,745,055 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,445
  • Program Service Revenue: $2,287,001
  • Gross Receipts: $2,294,644

Assets and Liabilities:

  • Total Assets: $597,754
  • Total Liabilities: $301
  • Net Assets: $597,453

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$2,277,765

FEES & ASSESSMENTS

Revenue

$9,236

Organization Details

Founding Year

1999

Principal Officer

John Albert

Main Address

1400 EAST NINE MILE ROAD 50, HIGHLAND SPRINGS, VA, 23075

NTEE Category

Code: J40 - Employment

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