2024-08-30T17:26:45-04:00 2023-12-31 363141842 ERIC J FERNANDEZ & CO 895 W MAIN ST STE 1000 WEST DUNDEE IL 601182057 990 2023-01-01 361264165 LOCAL UNION 461 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCA 6308970461 591 SULLIVAN RD SUITE 100 AURORA IL 60506 MARK SEPPELFRICK PRESIDENT 6308970461 2024-08-19 true true CARL L SWANSON P00013526 8474287400 2024-08-19 2023 2024-08-08 14:25:15Z MARK SEPPELFRICK 591 SULLIVAN ROAD SUITE 100 AURORA IL 60506 1393996 false X WWW.IBEW461.ORG X LABOR 1913 IL THE LOCAL UNION ORGANIZES ELECTRICAL WORKERS FOR THEIR MORAL, ECONOMIC AND SOCIAL ADVANCEMENT. TO ACHIEVE THIS PURPOSE, THE LOCAL UNION NEGOTIATES COLLECTIVE BARGAINING AGREEMENTS WITH EMPLOYERS ON BEHALF OF THE MEMBERS OF THE LOCAL UNION. 10 9 19 0 0 1112100 1173370 24063 41626 172351 179000 1308514 1393996 0 0 583543 613859 0 0 754093 733290 1337636 1347149 -29122 46847 4076071 4064025 796813 691495 3279258 3372530 X THE LOCAL UNION ORGANIZES ELECTRICAL WORKERS FOR THEIR MORAL, ECONOMIC AND SOCIAL ADVANCEMENT. TO ACHIEVE THIS PURPOSE, THE LOCAL UNION NEGOTIATES COLLECTIVE BARGAINING AGREEMENTS WITH EMPLOYERS ON BEHALF OF THE MEMBERS OF THE LOCAL UNION. false false N/A false false false true false false false true false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 4 0 true 19 true false false false false false false false false X 10 9 false false false false true true true true true false false true false false true true true false X X JOEL PYLE II 6308970461 591 SULLIVAN ROAD SUITE 100 AURORA IL 60506 MARK SEPPELFRICK PRESIDENT 2.00 4.00 X X 2098 0 0 KENNETH MASON VICE PRESIDE 2.00 X X 596 0 0 BERT JONES TREASURER 2.00 0.00 X X 950 0 0 JOEL PYLE II BUSINESS MAN 42.00 6.00 X X 147801 0 83376 KYLE VEEDER RECORDING SE 2.00 0.00 X X 4264 0 0 WILLIAM BIRDWELL EXECUTIVE BO 2.00 X 605 0 0 MATT THATCHER EXECUTIVE BO 2.00 X 807 0 0 DOUG THATCHER EXECUTIVE BO 2.00 X 605 0 0 JUSTIN ANGELO EXECUTIVE BO 2.00 X 495 0 0 ANTHONY MASELLIS EXECUTIVE BO 2.00 X 165 0 0 158386 83376 2 false true false MEMBERSHIP DUES 1173370 1173370 1173370 41626 41626 REIMBURSED EXPENSES 154400 154400 RENT 9200 9200 MERCHANDISE INCOME 8131 8131 7269 7269 179000 1393996 1352370 41626 442151 442151 77423 77423 34328 34328 34656 34656 25301 25301 735 735 23955 23955 6570 6570 33619 33619 10363 10363 161097 161097 37519 37519 176833 176833 119291 119291 16270 16270 REPAIRS & MAINTENANCE 56351 56351 UNION APPAREL 23237 23237 MISCELLANEOUS 20175 20175 POLITICAL CONTRIBUTIONS 11640 11640 35635 6053 29582 1347149 852474 494675 0 269924 266828 53111 14043 24481 25965 5186585 2543357 2702641 2643228 1025914 1113961 4076071 4064025 781 781 796032 690714 796813 691495 X 3279258 3372530 3279258 3372530 4076071 4064025 X 46847 46425 X false true X true false false true false false true X 688312 688312 4280866 2378324 1902542 106006 101438 4568 111401 63595 47806 2643228 X 1286021 46425 46425 1239596 154400 154400 1393996 1192749 1192749 154400 154400 1347149 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE LOCAL HOLDS A CETAIN PORTION OF MEMBERS' WAGES TO PAY VARIOUS FUNDS ESTABLISHED BY THE IBEW INTERNATIONAL OFFICE (COMMITTEE ON POLITICAL EDUCATION, LABOR MANAGEMENT CO-OP COMMITTEE, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION). SCHEDULE D, PAGE 3, PART X THE LOCAL HAS ADOPTED FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE LOCAL WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. THE LOCAL CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE LOCAL'S EVALUATION ON DECEMBER 31, 2023 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2020 THROUGH 2022 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE LOCAL DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 4B REIMBURSEMENT OF EXPENSES 154,400 SCHEDULE D, PAGE 4, PART XII, LINE 4B REIMBURSEMENT EXPENSES 154,400 false false false JOEL PYLE II BUSINESS MANAGER 147801 83376 231177 FORM 990 - ORGANIZATION'S MISSION THE LOCAL UNION ORGANIZES ELECTRICAL WORKERS FOR THEIR MORAL, ECONOMIC AND SOCIAL ADVANCEMENT. TO ACHIEVE THIS PURPOSE, THE LOCAL UNION NEGOTIATES COLLECTIVE BARGAINING AGREEMENTS WITH EMPLOYERS ON BEHALF OF THE MEMBERS OF THE LOCAL UNION. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION'S MEMBERSHIP IS MADE UP OF IBEW 461 UNION ELECTRICIANS. FORM 990, PAGE 6, PART VI, LINE 7A THE GENERAL MEMBERSHIP ELECTS THE MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 7B THE DECISIONS OF THE GOVERNING BODY ARE APPROVED BY THE EXECUTIVE BOARD WITH FINAL APPROVAL COMING FROM THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PRESENTED TO JOEL PYLE II, BUSINESS MANAGER, WHO THEN PRESENTS THE 990 TO THE BOARD OF TRUSTEES FOR REVIEW AT THE NEXT MONTHLY MEETING. BOARD OF TRUSTEES REVIEWS THE 990 AND COMPARES THE FINANCIAL INFORMATION TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A THE BUSINESS MANAGER'S AND ASSISTANT BUSINESS MANAGER'S SALARIES ARE DETERMINED BY THE EXECUTIVE BOARD OF THE LOCAL AND APPROVED BY THE IBEW INTERNATIONAL BOARD. FORM 990, PAGE 6, PART VI, LINE 15B THE BUSINESS MANAGER'S AND ASSISTANT BUSINESS MANAGER'S SALARIES ARE DETERMINED BY THE EXECUTIVE BOARD OF THE LOCAL AND APPROVED BY THE IBEW INTERNATIONAL BOARD. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE ON REQUEST FORM 990, PART XI, LINE 9 REIMBURSEMENT OF EXPENSES -154,400 REIMBURSEMENT EXPENSES 154,400 LOCAL UNION 461 PENSION FUND 591 SULLIVAN ROAD SUITE 100 AURORA IL 60506 362882653 RETIRE BEN IL 401A NA false LOCAL UNION 461 APPRENTICE FUND 591 SULLIVAN ROAD SUITE 100 AURORA IL 60506 363456299 TRAINING IL 501C3 10 NA false IBEW LOCAL NO 461 VARIABLE PENSION 6525 CENTURION DRIVE LANSING MI 48917 882709599 RETIRE BEN MI 401A N/A false true false false false false false false false false true false false false false false true true false false IBEW LOCAL 461 APPRENTICE FUND J 145200 ACTUAL AMOUNT RECEIVED IBEW LOCAL 461 PENSION FUND P 94748 ACTUAL AMOUNT PAID IBEW LOCAL 461 PENSION FUND Q 671 ACTUAL AMOUNT RECEIVED IBEW LOCAL 461 VARIABLE BENEFIT FUN P 29531 ACTUAL AMOUNT PAID