Overview
What is International Brotherhood Of Electrical Workers Lu 553?
The International Brotherhood of Electrical Workers Lu 553 is a nonprofit organization situated in Research Triangle Park, North Carolina. With a primary focus on labor organization, it aims to enhance the economic well-being of electrical workers. Its mission involves organizing electrical workers, engaging in negotiations, and executing collective bargaining agreements to improve wages, working hours, and overall working conditions for its 544 members. The organization also boasts a modest workforce of seven individuals.
Official website here: www.ibew553.org
Is International Brotherhood Of Electrical Workers Lu 553 legitimate?
International Brotherhood Of Electrical Workers Lu 553 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers Lu 553 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: $258,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,361
For more financial information, click here
Official website here: www.ibew553.org
What is the mission statement of International Brotherhood Of Electrical Workers Lu 553?
The International Brotherhood of Electrical Workers Lu 553 is a labor organization with a mission to improve the conditions of electrical workers. They aim to achieve this by organizing electrical workers, engaging in negotiations, and implementing collective bargaining. The primary goal is to enhance wages, working hours, and overall economic advantages for its 544 members. By doing so, they aim to enhance the livelihood and working conditions of electrical workers within their community.
Official website here: www.ibew553.org
What is the revenue of International Brotherhood Of Electrical Workers Lu 553?
International Brotherhood Of Electrical Workers Lu 553's revenue in 2023 was $1,229,142.
Official website here: www.ibew553.org
Who are the executives of International Brotherhood Of Electrical Workers Lu 553 and what are their salaries?
The average compensation at International Brotherhood Of Electrical Workers Lu 553 during 2023 was $55,621. There are 9 employees at International Brotherhood Of Electrical Workers Lu 553.
Here are 11 key members and their salaries:
- Compensation: $95,428
- Related: $0
- Other: $26,921
- Compensation: $70,079
- Related: $0
- Other: $24,873
- Compensation: $37,722
- Related: $0
- Other: $12,647
- Compensation: $0
- Related: $0
- Other: $449
- Compensation: $0
- Related: $0
- Other: $384
- Compensation: $0
- Related: $0
- Other: $220
- Compensation: $0
- Related: $0
- Other: $180
- Compensation: $0
- Related: $0
- Other: $160
- Compensation: $0
- Related: $0
- Other: $140
- Compensation: $0
- Related: $0
- Other: $60
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ibew553.org
Where can I find the form 990 for International Brotherhood Of Electrical Workers Lu 553?
International Brotherhood Of Electrical Workers Lu 553's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ibew553.org
Learn more at the official website: www.ibew553.org
Mission Statement of International Brotherhood Of Electrical Workers Lu 553
The International Brotherhood of Electrical Workers Lu 553, as a labor organization, is committed to a significant mission. Its primary objective is to organize electrical workers and enhance their economic welfare. This is accomplished through various means, including organization, negotiations, and collective bargaining. The organization aims to improve wages, hours, working conditions, and other economic advantages for its 544 members. By doing so, the International Brotherhood of Electrical Workers Lu 553 strives to elevate the status of electrical workers and ensure they receive fair and equitable treatment in their respective fields.
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Impact
October, 2024
The International Brotherhood of Electrical Workers Local Union 553 actively organizes electrical workers to enhance their wages, working hours, and overall working conditions. With a membership of 544 individuals, the union plays a crucial role in advocating for the economic interests of its members through collective bargaining and negotiations. This effort not only improves the livelihoods of electrical workers in the Research Triangle Park area of North Carolina but also contributes to the stability and quality of the workforce in the electrical industry. By fostering a united front, the union empowers workers to navigate challenges and secure better employment terms, creating a more equitable work environment.
This information is meant to be a general summary of International Brotherhood Of Electrical Workers Lu 553. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $23,398
- Program Service Revenue: $1,169,452
- Gross Receipts: $1,242,708
Assets and Liabilities:
- Total Assets: $2,417,928
- Total Liabilities: $92,811
- Net Assets: $2,325,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES INCOME
Revenue
$1,169,452
Organization Details
Founding Year
1961
Principal Officer
Walter R Axford
Website
www.ibew553.orgNTEE Category
Code: J40 - Employment
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