EIN 56-0224088

International Brotherhood of Electrical Workers Lu 553

IRS 501(c) type
501(c)(5)
Num. employees
7
Year formed
1961
Most recent tax filings
2022-12-01
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 Lu 553 is child organization, under the parent exemption from International Brotherhood of Electrical Workers.
Also known as...
553 Local Union
Total revenues
$1,311,573
2022
Total expenses
$1,215,886
2022
Total assets
$2,417,928
2022
Num. employees
7
2022

Program areas at International Brotherhood of Electrical Workers Lu 553

Organize Electrical Workers & improve wages, hours, working conditions & other economic advantages through organization, negotiations & collective bargaining - 544 members

Who funds International Brotherhood of Electrical Workers Lu 553

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

Personnel at International Brotherhood of Electrical Workers Lu 553

NameTitleCompensation
Walter R AxfordBus Agt and Finance Secretary$90,271
Nicholas RooseExecutive Bo$0
Henry ConcubiertaVice President$0
Brandon WesleyRecording Secretary$0
Matthew McComasExecutive Bo$0
...and 16 more key personnel

Financials for International Brotherhood of Electrical Workers Lu 553

RevenuesFYE 12/2022
Total grants, contributions, etc.$21,606
Program services$1,250,017
Investment income and dividends$15,988
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,125
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-18,622
Miscellaneous revenues$40,459
Total revenues$1,311,573

Form 990s for International Brotherhood of Electrical Workers Lu 553

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-07990View PDF
2021-122022-05-05990View PDF
2020-122021-06-30990View PDF
2019-122020-10-14990View PDF
2018-122019-06-19990View PDF
...and 10 more Form 990s
Data update history
July 25, 2023
Updated personnel
Identified 3 new personnel
May 19, 2023
Updated personnel
Identified 5 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
July 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 8, 2022
Used new vendors
Identified 5 new vendors, including , , , , and
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
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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