INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION#700

EIN: 710223180

FORT SMITH, AR

Total Revenue
$1,039,036
Total Expenses
$724,004
Total Assets
$1,809,350
Net Assets
$1,790,038
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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
AR
Principal Officer
ROY E WILSON
Phone
4797831149
Tax Period
2024-07-01 to 2025-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION#700, founded in 1938, is a small nonprofit that reported $602K in total revenue in fiscal year 2018. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 27% operating margin.

Mission

LOCAL UNION #700 IS THE AREA CHAPTER OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) WHICH IS AFFILIATED WITH THE AMERICAN FEDERATION OF LABOR, THE CONGRESS OF THE INDUSTRIAL ORGANIZATION, AND THE CANADIAN LABOUR CONGRESS. THE IBEW HAS JURISDICTION OVER ALL UNION ELECTRICAL WORKERS IN THE UNITED STATES AND CANADA.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,000,407
Investment Income $27,079
Other Revenue $11,550
TOTAL REVENUE $1,039,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $339,820
Fundraising Expenses $0
Program Expenses $724,004
Other Expenses $384,184
TOTAL EXPENSES $724,004

Year-over-Year Comparison

2024 2023 Change
Revenue $1,039,036 $1,160,023 -0.1%
Expenses $724,004 $629,890 +0.1%
Net Income $315,032 $530,133 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$168,667
Total Directors
11
$174,181
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES STUART DIRECTOR ASSISTANT/RESIDENT 40.00
Officer Director
$75,215 $0 $75,215
ROY E WILSON DIRECTOR/FINANCIAL SECRETARY 40.00
Officer Director
$93,452 $0 $93,452
DAVID JONES TREASURER 2.00
Director
$0 $0 $0
PARKER FRALEY RECORDING SECRETARY/E BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN HORTON E BOARD MEMBER 2.00
Director
$2,502 $0 $2,502
FRANK DUNLAP STRYTEN MFG CHAIR/CHIEF STEWARD 2.00
Director
$1,992 $0 $1,992
KEITH MORROW STRYTEN MFG RECORDING SECR 2.00
Director
$0 $0 $0
CHUCK MORTON STRYTEN MFG EXECUTIVE COMM 2.00
Director
$0 $0 $0
MARK HUGHES STRYTEN MFG EXECUTIVE COMM 2.00
Director
$1,020 $0 $1,020
CRAIG MORROW STRYTEN MFG EXECUTIVE COMM 2.00
Director
$0 $0 $0
ANGEL HERNANDEZ STRYTEN MFG EXECUTIVE COMM 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,039,036 $724,004 $1,809,350 $315,032
2024 $1,160,023 $629,890 $1,475,006 $530,133
2023 $570,829 $580,326 $944,873 $-9,497
2022 $556,421 $469,411 $954,370 $87,010
2021 $643,771 $426,039 $867,360 $217,732
2020 $549,898 $440,889 $649,628 $109,009
2019 $601,618 $437,322 $540,619 $164,296
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