International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers shows consistent asset growth and no reported officer compensation.

EIN: 221010215 · N Brunswick, NJ · Updated: 2026-03-28

$8.2MRevenue

$22.3MAssets

90/100Mission Score (Excellent)

About International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers (EIN: 221010215) is a nonprofit organization based in N Brunswick, NJ. The organization reported total revenue of $8.2M and total assets of $22.3M 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) demonstrates consistent financial stability, with assets growing from $14.8 million in 2014 to over $20.4 million in 2023. Revenue has fluctuated but generally remained strong, with the latest reported revenue at $5,965,074 in 2023, significantly higher than its expenses of $4,117,888 for the same period. This indicates a healthy operating surplus. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.

Spending efficiency appears robust, given the consistent operating surpluses in most years, particularly in 2023 where revenue exceeded expenses by over $1.8 million. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's liabilities have remained relatively low and stable compared to its assets, indicating good financial management and solvency.

Overall, the IBEW exhibits strong financial health and a high degree of transparency regarding executive compensation. Its consistent asset growth and positive revenue-to-expense ratios suggest effective management of resources. The lack of reported officer compensation is a notable positive for transparency and efficiency.

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

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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, indicating that no portion of its revenue is allocated to executive salaries, which is highly unusual for an organization of its size and revenue.

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:

Lack of detailed spending breakdown in summary data (program vs. admin vs. fundraising)
Unusually low liabilities relative to assets, which could indicate conservative financial practices or specific operational models.

Strengths

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

Consistent asset growth, from $14.8M in 2014 to $20.4M in 2023.
Zero reported officer compensation, indicating high efficiency and transparency in executive pay.
Positive operating surplus in most years, notably $1.8 million in 2023 ($5.9M revenue vs. $4.1M expenses).
Low and stable liabilities relative to assets, demonstrating strong financial solvency.

Frequently Asked Questions about International Brotherhood Of Electrical Workers

How does the International Brotherhood Of Electrical Workers manage to operate without officer compensation?

The provided IRS 990 data consistently shows 0% officer compensation. This could mean that executive roles are filled by volunteers, or compensation is structured in a way that isn't reported under 'officer compensation' on the 990, such as through a related entity or as part of general staff salaries. Further investigation into their detailed 990 forms would be needed to clarify.

What are the primary sources of revenue for the organization?

While the specific breakdown of revenue sources is not provided in this summary, the organization consistently generates millions in revenue annually, ranging from $3.5 million to $5.9 million in recent years. Given its nature as a brotherhood/union, common sources would include membership dues, investment income, and potentially grants or other related activities.

Has the organization's financial health improved or declined over the last decade?

The organization's financial health has generally improved. Assets have grown from $14.8 million in 2014 to $20.4 million in 2023. While revenue and expenses fluctuate year-to-year, the overall trend shows consistent asset accumulation and positive operating margins in most periods, indicating a strengthening financial position.

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 (2011–2023), International Brotherhood Of Electrical Workers's revenue has grown by 43.6%, moving from $4.2M to $6.0M. Total assets increased by 132.7% over the same period, from $8.8M to $20.4M. Total functional expenses rose by 22.4%, from $3.4M to $4.1M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $257K in liabilities against $20.4M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $20.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$6.0M	$4.1M	$20.4M	$257K	—	View 990
2022	$3.5M	$4.1M	$18.3M	$238K	—	View 990
2021	$4.0M	$3.8M	$20.2M	$440K	—	View 990
2020	$5.1M	$4.5M	$19.3M	$392K	—	—
2019	$4.8M	$4.7M	$18.3M	$238K	—	View 990
2018	$4.9M	$4.5M	$17.2M	$383K	—	View 990
2017	$4.6M	$3.6M	$17.5M	$395K	—	View 990
2016	$4.9M	$4.0M	$16.0M	$325K	—	View 990
2015	$4.5M	$4.2M	$15.1M	$370K	—	View 990
2014	$4.9M	$3.9M	$14.9M	$333K	—	View 990
2013	$8.3M	$4.6M	$14.0M	$441K	—	View 990
2012	$5.4M	$4.0M	$10.1M	$295K	—	View 990
2011	$4.2M	$3.4M	$8.8M	$300K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $6.0M, expenses of $4.1M, and assets of $20.4M (revenue +68.4% year-over-year).
2022: Revenue of $3.5M, expenses of $4.1M, and assets of $18.3M (revenue -11.1% year-over-year).
2021: Revenue of $4.0M, expenses of $3.8M, and assets of $20.2M (revenue -22.0% year-over-year).
2020: Revenue of $5.1M, expenses of $4.5M, and assets of $19.3M (revenue +6.6% year-over-year).
2019: Revenue of $4.8M, expenses of $4.7M, and assets of $18.3M (revenue -2.3% year-over-year).
2018: Revenue of $4.9M, expenses of $4.5M, and assets of $17.2M (revenue +7.6% year-over-year).
2017: Revenue of $4.6M, expenses of $3.6M, and assets of $17.5M (revenue -6.7% year-over-year).
2016: Revenue of $4.9M, expenses of $4.0M, and assets of $16.0M (revenue +9.4% year-over-year).
2015: Revenue of $4.5M, expenses of $4.2M, and assets of $15.1M (revenue -8.2% year-over-year).
2014: Revenue of $4.9M, expenses of $3.9M, and assets of $14.9M (revenue -41.6% year-over-year).
2013: Revenue of $8.3M, expenses of $4.6M, and assets of $14.0M (revenue +55.3% year-over-year).
2012: Revenue of $5.4M, expenses of $4.0M, and assets of $10.1M (revenue +29.2% year-over-year).
2011: Revenue of $4.2M, expenses of $3.4M, and assets of $8.8M.

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.