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EIN 56-0224088

International Brotherhood of Electrical Workers - 553 Local Union

IRS 501(c) type
501(c)(5)
Num. employees
9
City
Research Triangle PRK
State
North Carolina
Year formed
1961
Most recent tax filings
2023-12-01
NTEE code, primary
J40: Labor unions, organizations
Description
International Brotherhood of Electrical Workers Lu 553 organizes electrical workers and improves wages, hours, working conditions, and other economic advantages through organization, negotiations, and collective bargaining. It has 544 members and functions as a labor organization.
Related structure
International Brotherhood of Electrical Workers - 553 Local Union is child organization, under the parent exemption from International Brotherhood of Electrical Workers - Headquarters.
Also known as...
International Brotherhood of Electrical Workers Lu 553; 553 Local Union
Total revenues
$1,229,142
2023
Total expenses
$1,308,695
2023
Total assets
$2,342,798
2023
Num. employees
9
2023

Program areas at International Brotherhood of Electrical Workers - 553 Local Union

Organize Electrical Workers & improve wages, hours, working conditions & other economic advantages through organization, negotiations & collective bargaining - 633 members

Who funds International Brotherhood of Electrical Workers - 553 Local Union

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Neca-IbewGeneral Support$20,000

Personnel at International Brotherhood of Electrical Workers - 553 Local Union

NameTitleCompensation
Lonnie R. StephensonVice President
Walter R AxfordBus Agt and Finance Secretary$90,271
Emma BasmayorPast Executi$0
Brian PfendlerTreasurer$0
Henry ConcubiertaVice President$0
...and 17 more key personnel

Financials for International Brotherhood of Electrical Workers - 553 Local Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$20,000
Program services$1,169,452
Investment income and dividends$23,398
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-4,358
Miscellaneous revenues$20,650
Total revenues$1,229,142

Form 990s for International Brotherhood of Electrical Workers - 553 Local Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-08990View PDF
2022-122023-06-07990View PDF
2021-122022-05-05990View PDF
2020-122021-06-30990View PDF
2019-122020-10-14990View PDF
...and 11 more Form 990s
Data update history
April 25, 2024
Updated personnel
Identified 1 new personnel
February 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from Neca-Ibew
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 25, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
UnionsChapter / child organizations
Issues
Human servicesJobs and employment
Characteristics
MembershipsState / local level
General information
Address
PO Box 13551
Research Triangle PRK, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
ibew553.org/ 
Phone
(919) 323-5570
IRS details
EIN
56-0224088
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
J40: Labor unions, organizations
NAICS code, primary
813930: Labor Unions
Parent/child status
Child within group exemption
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