International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers shows consistent financial growth and zero reported officer compensation over a decade.

EIN: 141810970 · Schenectady, NY · Updated: 2026-03-28

$18.4MRevenue
$49.8MAssets
90/100Mission Score (Excellent)

Is International Brotherhood Of Electrical Workers Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

International Brotherhood Of Electrical Workers directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers (EIN: 141810970) is a nonprofit organization based in Schenectady, NY. The organization reported total revenue of $18.4M and total assets of $49.8M 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 Schenectady, NY, demonstrates consistent financial growth and strong asset accumulation over the past decade. With latest reported revenue of $18,449,059 and assets reaching $49,754,762, the organization appears financially robust. The filings consistently show revenues exceeding expenses, leading to a healthy increase in net assets. For instance, in 202406, revenue was $5,698,417 against expenses of $3,735,136, indicating efficient management of resources. The organization's spending efficiency is notable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is directed towards the organization's operational activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and the absence of officer compensation are positive indicators. The consistent growth in assets from $16,701,262 in 201506 to $49,754,762 currently further underscores its financial stability and capacity to fulfill its mission. Transparency appears to be a strong suit, with 13 filings available, indicating regular reporting to the IRS. The consistent growth in assets and the low liability figures across all periods (e.g., $150,211 in 202406 against $43,536,292 in assets) suggest prudent financial management and a low risk profile. The lack of reported officer compensation is a significant positive for transparency and public trust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Brotherhood Of Electrical Workers with a Mission Score of 90 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

According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly unusual for an organization of this size and financial scale, suggesting volunteer leadership or compensation structured differently and not reported as officer compensation.

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:

Strengths

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

Frequently Asked Questions about International Brotherhood Of Electrical Workers

Is International Brotherhood Of Electrical Workers a legitimate charity?

Based on AI analysis of IRS 990 filings, International Brotherhood Of Electrical Workers (EIN: 141810970) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

How does International Brotherhood Of Electrical Workers spend its money?

International Brotherhood Of Electrical Workers directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to International Brotherhood Of Electrical Workers tax-deductible?

International Brotherhood Of Electrical Workers is registered as a tax-exempt nonprofit (EIN: 141810970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is International Brotherhood Of Electrical Workers a good charity?

Based on the provided financial data, the organization demonstrates strong financial health, consistent asset growth, and a remarkable record of 0% reported officer compensation, which are all positive indicators of a well-managed and mission-focused entity.

How does the organization manage to have 0% officer compensation?

The filings consistently report 0% officer compensation. This could mean that leadership is entirely volunteer-based, or that compensation is structured in a way that is not categorized as 'officer compensation' on the 990 form, such as through a separate entity or as general employee salaries if officers also perform other roles.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, growing from $16,701,262 in 201506 to $49,754,762 currently, indicating significant financial accumulation and stability.

How efficient is the organization's spending?

With revenues consistently exceeding expenses (e.g., $5,698,417 revenue vs. $3,735,136 expenses in 202406) and 0% reported officer compensation, the organization appears to be very efficient in managing its funds and directing them towards its mission.

Filing History

IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), International Brotherhood Of Electrical Workers's revenue has grown by 75.2%, moving from $3.3M to $5.7M. Total assets increased by 311% over the same period, from $10.6M to $43.5M. Total functional expenses rose by 81.4%, from $2.1M to $3.7M. In its most recent filing year (2024), International Brotherhood Of Electrical Workers reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $150K in liabilities against $43.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $43.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2024 $5.7M $3.7M $43.5M $150K View 990
2023 $4.7M $3.7M $35.2M $173K View 990
2022 $5.1M $3.5M $29.7M $158K View 990
2021 $5.9M $3.0M $34.2M $139K View 990
2020 $5.1M $3.2M $24.6M $98K View 990
2019 $3.8M $3.2M $21.5M $90K View 990
2018 $3.6M $2.7M $19.9M $98K View 990
2017 $3.3M $2.6M $18.7M $94K View 990
2016 $3.3M $2.5M $17.5M $94K View 990
2015 $6.0M $2.5M $16.7M $129K View 990
2014 $3.9M $2.0M $13.2M $95K View 990
2013 $2.6M $2.0M $11.4M $100K View 990
2012 $3.3M $2.1M $10.6M $106K View 990

Year-by-Year Financial Summary

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.

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