International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers shows strong financial growth and asset accumulation over the past decade.

EIN: 135574127 · Flushing, NY · Updated: 2026-03-28

$57.8MRevenue

$69.8MAssets

85/100Mission Score (Excellent)

About International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers (EIN: 135574127) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $57.8M and total assets of $69.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brotherhood Of Electrical Workers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The International Brotherhood Of Electrical Workers (IBEW) in Flushing, NY, demonstrates a consistent pattern of financial growth over the past decade, with revenue increasing from $14,230,083 in 2014 to $28,328,759 in 2023. The organization has also significantly grown its assets, from $23,268,699 in 2014 to $60,506,811 in 2023, indicating strong financial health and accumulation of resources. Liabilities have remained relatively stable and manageable in proportion to assets, suggesting prudent financial management.

Spending efficiency appears to be reasonable, with expenses generally lower than revenue in recent years, allowing for asset growth. For instance, in 2023, expenses were $21,300,152 against revenues of $28,328,759. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall financial trajectory is positive.

Transparency is generally good given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The absence of reported officer compensation is a notable point for transparency, as it could indicate either a volunteer leadership structure or that compensation is categorized differently. The organization's consistent growth in assets and revenue, coupled with controlled liabilities, points to a financially stable and well-managed entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Brotherhood Of Electrical Workers with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues reaching $28,328,759 in 2023. This could indicate a volunteer leadership structure or that executive compensation is reported under different expense categories, warranting further scrutiny for complete transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of International Brotherhood Of Electrical Workers's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure executive pay details.

Strengths

The following positive indicators were identified for International Brotherhood Of Electrical Workers:

Strong and consistent revenue growth over the past decade, from $14,230,083 in 2014 to $28,328,759 in 2023.
Significant asset accumulation, growing from $23,268,699 in 2014 to $60,506,811 in 2023, indicating robust financial health.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., $60.5M assets vs. $6M liabilities in 2023).
Expenses consistently lower than revenue in recent years, allowing for sustained growth and financial stability.

Frequently Asked Questions about International Brotherhood Of Electrical Workers

Is International Brotherhood Of Electrical Workers a good charity?

Based on its financial health, the organization appears to be well-managed, demonstrating consistent revenue growth and significant asset accumulation. However, without a detailed breakdown of program spending versus administrative and fundraising costs, and clarification on the 0% officer compensation, a definitive 'good charity' assessment is limited. Its financial stability suggests it can sustain its operations.

How does the organization manage its liabilities?

The organization has maintained manageable liabilities relative to its growing assets. For example, in 2023, liabilities were $6,003,128 against assets of $60,506,811, indicating a healthy financial position where assets significantly outweigh debts.

What is the trend in the organization's revenue?

The organization has shown a strong upward trend in revenue, nearly doubling from $14,230,083 in 2014 to $28,328,759 in 2023, indicating robust financial growth and increasing operational capacity.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is unusual for an organization with revenues in the tens of millions. This could mean that leadership is entirely volunteer-based, or that compensation for key executives is categorized under other expense lines, which would require further investigation to understand the full compensation structure.

Filing History

IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), International Brotherhood Of Electrical Workers's revenue has grown by 127.6%, moving from $12.4M to $28.3M. Total assets increased by 108.6% over the same period, from $29.0M to $60.5M. Total functional expenses rose by 43.6%, from $14.8M to $21.3M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $7.0M, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $60.5M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $54.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$28.3M	$21.3M	$60.5M	$6.0M	—	—
2022	$31.6M	$20.2M	$49.3M	$4.9M	—	View 990
2021	$29.5M	$19.0M	$42.8M	$6.8M	—	View 990
2020	$24.8M	$19.6M	$32.1M	$5.9M	—	View 990
2019	$20.0M	$20.4M	$23.6M	$3.3M	—	—
2018	$24.2M	$20.7M	$21.5M	$3.0M	—	View 990
2017	$20.7M	$21.9M	$18.0M	$2.3M	—	View 990
2016	$16.5M	$17.2M	$19.0M	$2.2M	—	View 990
2015	$14.1M	$16.6M	$20.6M	$2.7M	—	View 990
2014	$14.2M	$15.9M	$23.3M	$2.9M	—	View 990
2012	$12.5M	$14.2M	$26.1M	$3.1M	—	View 990
2011	$12.4M	$14.8M	$29.0M	$4.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $28.3M, expenses of $21.3M, and assets of $60.5M (revenue -10.2% year-over-year).
2022: Revenue of $31.6M, expenses of $20.2M, and assets of $49.3M (revenue +6.9% year-over-year).
2021: Revenue of $29.5M, expenses of $19.0M, and assets of $42.8M (revenue +19.1% year-over-year).
2020: Revenue of $24.8M, expenses of $19.6M, and assets of $32.1M (revenue +23.8% year-over-year).
2019: Revenue of $20.0M, expenses of $20.4M, and assets of $23.6M (revenue -17.3% year-over-year).
2018: Revenue of $24.2M, expenses of $20.7M, and assets of $21.5M (revenue +17.1% year-over-year).
2017: Revenue of $20.7M, expenses of $21.9M, and assets of $18.0M (revenue +24.9% year-over-year).
2016: Revenue of $16.5M, expenses of $17.2M, and assets of $19.0M (revenue +17.6% year-over-year).
2015: Revenue of $14.1M, expenses of $16.6M, and assets of $20.6M (revenue -1.1% year-over-year).
2014: Revenue of $14.2M, expenses of $15.9M, and assets of $23.3M (revenue +14.0% year-over-year).
2012: Revenue of $12.5M, expenses of $14.2M, and assets of $26.1M (revenue +0.3% year-over-year).
2011: Revenue of $12.4M, expenses of $14.8M, and assets of $29.0M.

Data Sources and Methodology

This transparency report for International Brotherhood Of Electrical Workers is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.