2024-11-11T10:38:24-06:00 2023-12-31 470900880 Calibre CPA Group PLLC 230 West Monroe St Ste310 Chicago IL 60606 990 2023-01-01 362151869 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 701 INTE 6303931701 28600 BELLA VISTA PARKWAY 1000 WARRENVILLE IL 60555 ANTHONY GIUNTI BUSINESS MGR/FINANCIAL SECRETARY 6303931701 2024-11-11 1 1 COREY BILKEY P00499751 3126550037 2023 2024-10-15 13:58:12Z ANTHONY GIUNTI 28600 BELLA VISTA PARKWAY 1000 WARRENVILLE IL 60555 5871348 0 X N/A X 1911 IL TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. 9 0 20 0 0 0 0 0 3178380 3516857 143481 3420 -35540 2138 3286321 3522415 99653 77499 18000 0 2028229 2113423 0 0 0 1352836 1295816 3498718 3486738 -212397 35677 6317155 6718096 323497 362653 5993658 6355443 TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. 0 0 TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. THERE WERE 1,409 MEMBERS AT YEAR END. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 20 1 0 0 0 0 1 1 0 0 0 X 9 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANTHONY GIUNTI 6303931701 28600 BELLA VISTA PARKWAY WARRENVILLE IL 60555 ANTHONY GIUNTI BUSINESS MANAGER/FIN SEC 40.00 3.00 X X 166849 0 118818 WILLIAM DREW PRESIDENT 3.00 X X 5336 0 0 BRIAN BENSON TREASURER 3.00 3.00 X X 3201 0 0 BRIAN SCHULZ FORMER EXEC BOARD/MEM DEVELOP 40.00 X X 72431 0 44625 JOHN BERGNER RECORDING SECRETARY 3.00 X X 8003 0 0 JAMES POKORNY JR FORMER EXEC BOARD 3.00 X X 2929 0 0 JIM VILETA JR EXECUTIVE BOARD 3.00 X X 3201 0 0 JASON PHELPS VICE PRESIDENT 3.00 X X 3201 0 0 TOM IMBURGIA EXECUTIVE BOARD 3.00 X X 3201 0 0 BENJAMIN KRAMER EXECUTIVE BOARD 3.00 X X 1364 0 0 DEBBIE ERBACH EXAMINING BOARD 3.00 X 0 0 0 STEVE KOENIG EXAMINING BOARD 3.00 X 0 0 0 NICK MOSSMAN EXAMINING BOARD 3.00 X 0 0 0 BOB PERREAULT BUSINESS REPRESENTATIVE 40.00 X 170167 0 110006 FRANK GRAVINA BUSINESS REPRESENTATIVE 40.00 2.00 X 174119 0 113978 JOHN ROTI BUSINESS REPRESENTATIVE 40.00 X 170167 0 110006 MATT BANKS COMPTROLLER 40.00 X 106240 0 36673 ALBERTO LOMELI BUSINESS REPRESENTATIVE 40.00 3.00 X 169567 0 110006 1059976 0 644112 6 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 900099 3516857 3516857 3516857 192100 192100 2151824 2340504 -188680 -188680 -188680 10567 8429 2138 2138 3522415 3518995 0 3420 62414 15085 1704084 189484 37610 87213 95032 2563 14450 15028 7051 2185 66314 19062 178707 32475 22891 717178 55721 24817 PICNIC EXPENSE 33270 HOLIDAY EXPENSE 27712 OLD TIMERS DINNER 24557 PROMOTIONAL ITEMS 19588 32247 3486738 528308 519808 263862 364098 251064 255909 33319 31403 793135 666948 130260 126187 5078207 5374567 32135 46124 6317155 6718096 323497 362653 323497 362653 X 5993658 6355443 5993658 6355443 6317155 6718096 35677 326108 0 X X 0 1 X 1 0 1 0 0 138916 104208 34708 586092 542301 43791 68127 20439 47688 126187 X 3841924 326108 8429 334537 3507387 15028 15028 3522415 3480139 8429 8429 3471710 15028 15028 3486738 Part X, Line 2: MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE LOCAL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE LOCAL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE LOCAL'S FORMS 990, RETURN OF ORGANIZATION FROM INCOME TAX, FOR THE FISCAL YEARS ENDING 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. Part XI, Line 2d - Other Adjustments: NET COST OF GOODS SOLD WITH REVENUE ON 990 8,429. Part XII, Line 2d - Other Adjustments: NET COST OF GOODS SOLD WITH REVENUE ON 990 8,429. 1 CHOOSE DUPAGE 2001 BUTTERFIELD RD SUITE 235 DOWNERS GROVE IL 60515 320177792 501 C 6 7500 0 DONATION CHRISTMAS POINSETTIAS FOR THE WIDOWS OF LOCAL 701 MEMBERS 199 9315 FLOWERS FOR FUNERALS 12 2527 VARIOUS CASH DONATIONS FOR INDIVIDUALS 4 3242 Part I, Line 2: THE BOARD AND/OR GENERAL MEMBERSHIP APPROVES ALL GRANTS. 0 0 0 FRANK GRAVINA BUSINESS REPRESENTATIVE 131313 0 0 0 42806 0 80836 0 33142 0 288097 0 0 0 ANTHONY GIUNTI BUSINESS MANAGER/FIN SEC 137013 0 0 0 29836 0 84234 0 34584 0 285667 0 0 0 BOB PERREAULT BUSINESS REPRESENTATIVE 126613 0 0 0 43554 0 78048 0 31958 0 280173 0 0 0 JOHN ROTI BUSINESS REPRESENTATIVE 126613 0 0 0 43554 0 78048 0 31958 0 280173 0 0 0 ALBERTO LOMELI BUSINESS REPRESENTATIVE 126613 0 0 0 42954 0 78048 0 31958 0 279573 0 0 0 Form 990, Part VI, Section A, line 6 Line 6 explanation - UNION MEMBERSHIP CONSISTS OF 1,323 "A" MEMBERS AND 86 "BA" MEMBERS. "A" MEMBERS RECEIVE A PENSION FROM THE INTERNATIONAL AND PAY THE FULL DUES RATES. "BA" MEMBERS ARE JOURNEYMEN WHO DON'T RECEIVE A SEPARATE PENSION FROM THE INTERNATIONAL AND PAY A REDUCED DUES RATE. Form 990, Part VI, Section A, line 7a Line 7a explanation - ALL ACTIVE MEMBERS IN GOOD STANDING HAVE VOTING RIGHTS TO ELECT OFFICERS. OFFICERS ARE ELECTED EVERY THREE YEARS. Form 990, Part VI, Section A, line 7b Line 7b explanation - THE MEMBERSHIP APPROVES CHANGES, IF ANY, TO THE BYLAWS. Form 990, Part VI, Section B, line 11b Line 11a explanation - BUSINESS MANAGER/FINANCIAL SECRETARY, ANTHONY GIUNTI, REVIEWS THE FORM 990 PRIOR TO SIGNING AND HAS THE EXECUTIVE BOARD APPROVE THE FORM AT ONE OF ITS MEETINGS. Form 990, Part VI, Section B, line 12c THE WRITTEN CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ETHICS AND DISCIPLINARY PROCEDURE THAT IS PART OF THE CONSTITUTION BY WHICH OUR ORGANIZATION IS GOVERNED. ANY MEMBER OR EMPLOYEE OF THE ORGANIZATION CAN CONTACT IBEW (AN AFFILIATED ORGANIZATION ALSO GOVERNED BY THE CONSTITUTION) WITH ANY COMPLAINT ARISING UNDER THE CONSTITUTION, THE ETHICAL PRACTICES CODE, OR ANY OTHER DISCIPLINARY RULE, REGULATION, PRACTICE OR PROCEDURE ADOPTED BY IBEW. THE US DEPARTMENT OF LABOR REQUIRES ALL NON-CLERICAL EMPLOYEES TO REPORT ON FORM LM-30 POTENTIAL SITUATIONS WHERE THERE MAY BE CONFLICTS OF INTEREST. THIS INFORMATION IS OPEN TO THE PUBLIC. Form 990, Part VI, Section B, line 15 OFFICERS AND KEY EMPLOYEES COMPENSATION AGREES WITH RATES NEGOTIATED WITHIN COLLECTIVE BARGAINING AGREEMENT. THE COLLECTIVE BARGAINING AGREEMENT IS APPROVED BY THE MEMBERSHIP. Form 990, Part VI, Section C, line 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, OUR ORGANIZATION FILES AN ANNUAL FINANCIAL REPORT, FORM LM-2, WITH THE DEPARTMENT OF LABOR WHICH CAN BE OBTAINED IN THE ONLINE DISCLOSURE ROOM. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR IBEW LOCAL 701 NEEDY MEMBERS FUND 28600 BELLA VISTA PARKWAY WARRENVILLE IL 60555 262623050 CHARITABLE ORGANIZATION IL 501C3 Line 8 0 IBEW LOCAL 701 POLITICAL ACTION COMMITTEE 28600 BELLA VISTA PARKWAY WARRENVILLE IL 60555 272783084 POLITICAL ACTION COMMITTEE IL 527 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0