AI Transparency Report
The International Brotherhood Of Electrical Workers Welfare Fund 17 exhibits a fluctuating financial performance over the past decade. In 2022, the organization reported revenue of $2,989,054 against expenses of $3,923,048, indicating a deficit for the year. This trend of expenses exceeding revenue is not uncommon, as seen in several other years, such as 2021 ($1,665,171 revenue vs. $1,985,753 expenses) and 2018 ($3,831,836 revenue vs. $4,067,229 expenses). The organization's assets have generally been declining, from a high of $4,842,328 in 2013 to $2,896,412 in 2022, while liabilities have remained relatively low, though they saw a notable increase in 2022 to $392,269. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is handled through a separate entity or mechanism not reflected in this specific line item on the 990.