Nonprofit · EIN 39-6063261
INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
Also known as 2304 LOCAL UNION
Tax-exempt · MADISON, WI 53715
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $567,049 | $450,829 | $116,220 | $402,086 | $13,897 | $388,189 |
| December 31, 2024 | 990 | $460,778 | $344,730 | $116,048 | $281,158 | $0 | $281,158 |
| December 31, 2023 | 990 | $310,601 | $399,637 | -$89,036 | $164,755 | $0 | $164,755 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $562,509
- Investment income
- $5,469
- Net income from sales of inventory
- -$1,647
- Other revenue
- -$929
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $79,461
- Other salaries and wages
- $39,518
- Salaries, compensation and benefits (total)
- $127,891
- Professional fundraising fees
- $0
- Legal fees
- $7,949
- Accounting fees
- $11,280
- Occupancy
- $17,874
- Travel
- $9,165
Balance sheet and other
- Total assets, start of year
- $281,158
- Total assets, end of year
- $402,086
- Total liabilities, end of year
- $13,897
- Net assets, end of year
- $388,189
- Land, buildings and equipment
- $3,021
- Gross receipts
- $568,826
- Employees
- 27
- Volunteers
- 0
- Year formed
- 1970
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathan C Rasmussen | President/Bus Mgr Officer | 15.4 | $21,590 |
| Brandon J Cosgrove | Vice President Officer | 10.8 | $15,075 |
| Andrew R Acker | Treasurer Officer | 8.4 | $14,053 |
| Axel Andersen | Financial Secretary Officer | 3 | $10,859 |
| Peter J Annen | Recording Secretary Officer | 0.8 | $7,537 |
| Ryan P Reuter | Executive board Officer | 0.9 | $3,449 |
| David A Edgren | Executive Board Officer | 0.5 | $3,449 |
| Brian K Larsen | Executive Board Officer | 0 | $3,449 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathan C Rasmussen | President/Bus Mgr Officer | 0 | $2,729 |
| Lynn F Pleuss II | Treasuer Officer | 0 | $2,605 |
| Brandon J Cosgrove | Vice President Officer | 0 | $2,357 |
| Axel Andersen | Financial Secretary Officer | 0 | $1,984 |
| Peter J Annen | Recording Secretary Officer | 0 | $1,984 |
| Brian K Larsen | Executive Board Officer | 0 | $1,240 |
| Seth G Bradley | Executive Board Officer | 0 | $1,240 |
| David A Edgren Jr | Executive Board Officer | 0 | $1,240 |
| Ryan P Reuter | Executive Board Officer | 0 | $1,240 |
| Andrew R Acker | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathan C Rasmussen | President and Business Manager Officer | 18 | $2,602 |
| Lynn F Pleuss II | Treasurer Officer | 8 | $2,484 |
| Brandon Cosgrove | Eboard Officer | 2 | $1,981 |
| Scott E Kreibs | Financial Secretary Officer | 4 | $1,892 |
| Peter J Annen | Recording Secretary Officer | 0.7 | $1,892 |
| Brian K Larsen | Eboard Officer | 0 | $1,183 |
| Jeffrey J Leckwee | Vice President / Chief Steward Officer | 0 | $562 |
| Cody Heyrman | Eboard Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1602 S PARK ST RM 101, MADISON, WI 53715-2194
- In care of
- % NATHAN RASMUSSEN
- Principal officer (990 for 2025)
- Nate Rasmussen
- Signed the 990
- Axel Andersen, Financial Secretary
- Phone
- (920) 220-9505
- Website
- www.ibew2304.com
- Return prepared by
- RCS Union Software
Mission
Promote social and economic justice through collective bargaining, meetings, education, communication, organizing new bargaining units, community action, administration of the organization, maintenance of its property and assets, delivery of benefits to represent members, fraternal and social activities and related activities which further the common interest of the membership.
Program accomplishments
- Collective bargaining and representation for 395 members
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-6063261
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0064: INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
- Assets (IRS master file)
- $402,086
- Income (IRS master file)
- $568,826
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $567,049 | $450,829 | $402,086 | IRS |
| 990 | December 2024 | $460,778 | $344,730 | $281,158 | IRS |
| 990 | December 2023 | $310,601 | $399,637 | $164,755 | XML |
| 990 | December 2022 | $302,998 | $323,630 | $253,884 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-6063261).
Questions about INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
- What is the EIN of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS?
- The employer identification number (EIN) of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS is 39-6063261.
- Is INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1940.
- Are donations to INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS?
- The 990 for the year ended December 31, 2025 names Nate Rasmussen.
- Who are the officers and directors of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS?
- The 990 for the year ended December 31, 2025 lists 8 people; 8 received compensation from the organization, the highest $21,590 (Nathan C Rasmussen, President/Bus Mgr).
- How much revenue does INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $567,049, expenses of $450,829 and total assets of $402,086 at year end.
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