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Filing year 2024

IBEW Local 223 Joint Apprenticeship and Training Trust

Tanton, Massachusetts·EIN 23-7379806·3
Total revenue
$886k
Total assets
$1.8M
Total expenses
$580k
Reported officers
7
Mission

To make local standards in conformity with the National Apprenticeship and Training Standards for the Electrical Contracting Industry governing the qualifications, selection, education and training of all apprentices.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Training Director
Unclassified
$178k
$193k
Base
$121k
Bonus
Other
Benefits
$25k
Chairman
Board Chair
Median to 75th percentile
$57k
$62k
Trustee
Board Member
25th percentile to median
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Up 53%
from 2023

From $117k in 2023 to $178k in 2024.

$117k
2023
$178k
2024
In today's dollarsEst.
Up 48% in real terms$131k to $193k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 4% from 2023 to 2024, while revenue held roughly steady.

$55k in 2023 to $57k in 2024.
  • Board Member pay fell 78% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IBEW Local 223 Joint Apprenticeship and Training Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$881k
$540k
2023
$886k
$580k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IBEW Local 223 Joint Apprenticeship and Training Trust

What does the Board Chair of IBEW Local 223 Joint Apprenticeship and Training Trust earn?

In 2024, the Board Chair of IBEW Local 223 Joint Apprenticeship and Training Trust received $57,241 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at IBEW Local 223 Joint Apprenticeship and Training Trust compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at IBEW Local 223 Joint Apprenticeship and Training Trust falls between the median and the 75th percentile.

What are IBEW Local 223 Joint Apprenticeship and Training Trust's revenue and expenses?

In 2024, IBEW Local 223 Joint Apprenticeship and Training Trust reported $886k in total revenue and $580k in total expenses on its IRS Form 990.

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