2024-11-13T12:44:53-06:00 2023-12-31 952302617 SINGERLEWAK LLP 500 ALA MOANA BLVD 2 302 HONOLULU HI 96813 990 2023-01-01 990057158 LOCAL UNION 1260 OF THE INT'L BROTHERHOOD OF ELECTRICAL WORKERS LOCA 8089419445 700 BISHOP STREET 1600 HONOLULU HI 96813 LEROY CHINCIO JR FINANCIAL SECRETARY / BUS MGR 8089419445 2024-11-12 0 JUDITH CHOCK P01072809 8085336254 2023 2024-10-15 13:58:12Z LEROY CHINCIO JR 700 BISHOP STREET SUITE 1600 HONOLULU HI 96813 8194547 0 X WWW.IBEW1260.ORG X LABOR 1941 HI TO ORGANIZE WORKERS IN VARIOUS INDUSTRIES IN HAWAII AND SECURE IMPROVED COMPENSTAION AND WORKING CONDITIONS BY COLLECTIVE BARGAINING 12 11 99 0 -26253 0 0 0 5804986 6177325 140983 178989 1389 -20003 5947358 6336311 0 0 129994 122576 2990140 3254916 0 0 0 2277878 2469235 5398012 5846727 549346 489584 9435686 11541508 940527 2429443 8495159 9112065 PROVIDE IMPROVED WAGES, FRINGE BENEFITS AND WORKING CONDITIONS FOR MEMBERS IN VARIOUS INDUSTRIES THROUGH ORGANIZING AND COLLECTIVE BARGAINING 0 0 4220205 WAGE INCREASES WERE REALIZED FOR MEMBERS THROUGH COLLECTIVE BARGAINING AND MEMBERS WERE REPRESENTED IN GRIEVANCE PROCEDURES WITH EMPLOYERS. 830030 JOB SECURITY MAINTAINED THROUGH STABILIZATION OF TRADE JURISDICTION THROUGH AFFILIATION WITH INTERNATIONAL UNION VIA PER CAPITA DUES. 5050235 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 10 0 1 99 1 1 1 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X LOCAL UNION 1260 8089419445 700 BISHOP STREET SUITE 1600 HONOLULU HI 96813 SHAYNE IGE EXEC BD-PAST 5.00 X 2480 0 0 ANTHONY MURRAY EXEC BD-PAST 5.00 X 5702 0 0 JENNIFER TOBOSA EXEC BD 5.00 X 4861 0 0 JOSEPH SALAS EXEC BD 40.00 X 248 0 0 TROY JACINTHO EXEC BD 5.00 X 8169 0 0 MICHAEL FREITAS EXEC BD 5.00 X 8928 0 0 CHRISTLAR GASPAR EXEC BD 5.00 X 4908 0 0 FLORDELYN CASTICIMO EXEC BD 5.00 X 7066 0 0 SHAWN MACHIDA EXEC BD-PAST 5.00 X 385 0 0 CHRISTOPHER BALANGITAO EXEC BD-NEW 1.00 X 4248 0 0 DONNY FAAVI EXEC BD-NEW 1.00 X 4067 0 0 EDWIN NAKAZATO PRESIDENT-PAST 5.00 X 5772 0 0 RYAN HIGASHI VICE PRESIDENT 5.00 X 9002 0 0 LEROY CHINCIO JR FIN SEC / BUS MGR 40.00 X 246649 0 90782 REYNSON AU TREASURER-PAST 15.00 X 6467 0 0 LORNA KANEHIRA REC SEC-PAST 5.00 X 3801 0 0 RUSSEL JARRETT PRESIDENT-NEW 1.00 X 6242 0 0 TERRIE-LYN LAU REC SEC-NEW 1.00 X 4099 0 0 JAYSA OBADO TREASURER-NEW 1.00 X 3491 0 0 GAYNA HASHIMOTO SR ASST BUS MGR 40.00 X 215012 0 60814 RANDALL YOUNG ASST BUS MGR 40.00 X 208422 0 60155 CHARLEEN BATUNGBACAL ASST BUS MGR 40.00 X 202391 0 59552 JOSEPH VENTURA ASST BUS MGR 40.00 X 208685 0 59472 TODD MAYESHIRO ASST BUS MGR 40.00 X 208685 0 59472 KEITH BUKOSKI PUB & GOV AFFAIRS LIASON 40.00 X 161269 0 30582 LISA LORENZO ASST BUS MGR 40.00 X 131741 0 23294 ALVIS SATELE SR ASST BUS MGR 40.00 X 115185 0 30941 TAMMY YAMANOHA SR ADMINISTRATOR 40.00 X 137666 0 53079 JILLEINA WINCHESTER SR ADMINISTRATOR 40.00 X 134399 0 52753 2060040 0 580896 11 0 1 0 DUESENBERG INVESTMENT CO LLC - TOPA FIN PO BOX 511337 LOS ANGELES CA 900517892 LANDLORD 351375 1 DUES 900099 6177325 6177325 6177325 113558 113558 189925 209928 -20003 -20003 6250 -26253 1713739 1648308 65431 65431 65431 6336311 6183575 -26253 178989 122576 1961878 895324 94899 122180 180635 69422 17330 30366 74026 173710 296751 25837 315537 27947 40697 INTERNATIONAL PER CAPIT 830030 GUAM EXPENSES 129699 DONATIONS 116033 AUTOMOBILE EXPENSES 65897 255953 5846727 400 400 8342583 6306952 93257 5540776 665845 136568 4874931 502703 341493 360175 17732 9435686 11541508 182413 0 1976200 758114 453243 940527 2429443 X 8495159 9112065 8495159 9112065 9435686 11541508 489584 127322 0 X X 0 1 X 1 0 1 1 0 3281251 3281251 1616139 31080 1585059 643386 634765 8621 4874931 SUBLEASE DEPOSIT 37500 UNEARNED DUES 415743 453243 X 6546239 209928 209928 6336311 0 6336311 6056655 209928 209928 5846727 0 5846727 PART X, LINE 2: THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 (ASC 740) "THE INTERNATIONAL MAINTAINS A FEDERAL GROUP TAX EXEMPTION AS A "CENTRAL ORGANIZATION ON BEHALF OF ITS "SUBORDINATE ORGANIZATIONS. TO BE INCLUDED IN THE GROUP EXEMPTION, SUBORDINATE ORGANIZATIONS TYPICALLY MUST HAVE SIMILAR STRUCTURES, PURPOSES, AND ACTIVITIES AND BE SUBJECT TO THE GENERAL SUPERVISION OR CONTROL OF THE CENTRAL ORGANIZATION. THE INTERNATIONAL'S GROUP EXEMPTION LETTER THEREFORE COVERS IBEW LOCAL UNIONS AND OTHER SIMILAR ORGANIZATIONS. THE INTERNATIONAL'S GROUP EXEMPTION LETTER HAS BEEN IN EFFECT SINCE 1940 AND PERMITS IBEW SUBORDINATES TO TAKE ADVANTAGE OF THE INTERNATIONAL'S EXEMPT STATUS AS A LABOR ORGANIZATION UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. THE MODIFIED CASH BASIS OF ACCOUNTING REQUIRES THE ORGANIZATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS." PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED ON 990 AND SHOWN GROSS IN FINANCIAL STATEMENTS 209,928. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED ON 990 AND SHOWN GROSS IN FINANCIAL STATEMENTS 209,928. 0 0 0 LEROY CHINCIO JR FIN SEC / BUS MGR 246649 0 0 0 0 0 26804 0 63978 0 337431 0 0 0 GAYNA HASHIMOTO SR ASST BUS MGR 215012 0 0 0 0 0 23640 0 37174 0 275826 0 0 0 RANDALL YOUNG ASST BUS MGR 208422 0 0 0 0 0 22981 0 37174 0 268577 0 0 0 JOSEPH VENTURA ASST BUS MGR 208685 0 0 0 0 0 22298 0 37174 0 268157 0 0 0 TODD MAYESHIRO ASST BUS MGR 208685 0 0 0 0 0 22298 0 37174 0 268157 0 0 0 CHARLEEN BATUNGBACAL ASST BUS MGR 202391 0 0 0 0 0 22378 0 37174 0 261943 0 0 0 KEITH BUKOSKI PUB & GOV AFFAIRS LIASON 161269 0 0 0 0 0 18129 0 12453 0 191851 0 0 0 TAMMY YAMANOHA SR ADMINISTRATOR 137666 0 0 0 0 0 15905 0 37174 0 190745 0 0 0 JILLEINA WINCHESTER SR ADMINISTRATOR 134399 0 0 0 0 0 15579 0 37174 0 187152 0 0 0 LISA LORENZO ASST BUS MGR 131741 0 0 0 0 0 14056 0 9238 0 155035 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A LABOR UNION COMPRISED OF MEMBERS WHO ARE EMPLOYEES OF EMPLOYERS THAT HAVE BEEN ORGANIZED BY THE UNION. FORM 990, PART VI, SECTION A, LINE 7A EVERY THREE YEARS THE ORGANIZATION'S MEMBERSHIP ELECTS ITS OFFICERS AND EXECUTIVE BOARD (THE GOVERNING BODY). FORM 990, PART VI, SECTION A, LINE 7B CERTAIN ACTIONS TAKEN BY THE EXECUTIVE BOARD IS SUBJECT TO RATIFICATION BY THE MEMBERSHIP OF THE UNION FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCIAL SECRETARY/BUSINESS MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR THE OFFICERS REVIEW THE CONFLICT OF INTEREST AND DISCLOSE IF THEY HAVE ANY CONFLICTS OF INTEREST SO THAT THEY MAY BE RESOLVED, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 1 DURING THE YEAR ENDED DECEMBER 31, 2023, MANAGEMENT ADOPTED A POLICY OF PREPARING ITS FINANCIAL STATEMENTS IN ACCORDANCE WITH THE MODIFIED CASH BASIS OF ACCOUNTING. PRIOR TO THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION'S FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH U.S. GAAP. MANAGEMENT BELIEVES THAT THIS CHANGE RESULTS IN MORE RELEVANT FINANCIAL REPORTING THAT IS EASIER AND LESS COSTLY TO UNDERSTAND, APPLY, AND USE IN THE ORGANIZATION'S CIRCUMSTANCES AND CONSIDERING THE NEEDS OF THE USERS OF THE FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C THE PROCESS OF AUDIT OVERSIGHT AND AUDITOR SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR. IBEW LOCAL 1260 INSURANCE TRUST 700 BISHOP STREET SUITE 1600 HONOLULU HI 96813 990169058 PROVIDE INSURANCE BENEFITS TO PARTICIPANTS HI 501(C)(9) N/A 0 IBEW LOCAL 1260 VOLUNTARY POLITICAL FUND 700 BISHOP STREET SUITE 1600 HONOLULU HI 96813 831822207 LOCAL PAC FUND HI 501(C)(4) N/A 0 IBEW LOCAL 1260 CHARITABLE FUND 700 BISHOP STREET SUITE 1600 HONOLULU HI 96813 831771509 AWARD COLLEGE SCHOLARSHIPS TO DEPENDENTS OF MEMBERS HI 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0