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Filing year 2024

IBEW LOCAL 351

Folsom, New Jersey·EIN 22-3292075·501(c)(5)
Total revenue
$6.7M
Total assets
$16.7M
Total expenses
$7.5M
Reported officers
13
Mission

LOCAL UNION REPRESENTS MEMBERS IN DEALING WITH BUILDING CONTRACTORS, SETTLING GRIEVANCES, AND NEGOTIATING WAGES AND BENEFITS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

Bus. Mgr./financial Sec.
Officer (Unspecified)
$457k
$494k
Base
$291k
Bonus
Other
Benefits
$16k
President/asst. Bus. Mgr.
Above 90th percentile
$404k
$436k
Base
$253k
Bonus
Other
Benefits
$20k
Asst. Bus. Mgr./e-board
Officer (Unspecified)
$397k
$429k
Base
$253k
Bonus
Other
Benefits
$14k
Business Agent/rec. Sec.
Officer (Unspecified)
$327k
$353k
Base
$202k
Bonus
Other
Benefits
$20k
Business Agent/e-board
Officer (Unspecified)
$327k
$353k
Base
$202k
Bonus
Other
Benefits
$20k
Business Agent/e-board
Officer (Unspecified)
$327k
$353k
Base
$202k
Bonus
Other
Benefits
$20k
Treasurer/bus. Agent
Above 90th percentile
$327k
$353k
Base
$202k
Bonus
Other
Benefits
$20k
Business Agent
Officer (Unspecified)
$323k
$349k
Base
$202k
Bonus
Other
Benefits
$16k
Executive Board
Officer (Unspecified)
$4k
$5k
Executive Board
Officer (Unspecified)
$4k
$4k
Executive Board
Officer (Unspecified)
$4k
$4k
Executive Board
Officer (Unspecified)
$4k
$4k
Vice President
Below 10th percentile
$1k
$1k

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.

Up 2%
from 2023

From $447k in 2023 to $457k in 2024.

$447k
2023
$457k
2024
In today's dollarsEst.
Down 1% in real terms$499k to $494k

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

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 7%.

$395k in 2023 to $404k in 2024.
  • Chief Financial Officer pay rose 2% from 2023 to 2024.
  • Vice President pay rose 3% 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 351 reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.3M
$7.2M
2023
$6.7M
$7.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IBEW LOCAL 351

What does the Chief Executive Officer of IBEW LOCAL 351 earn?

In 2024, the Chief Executive Officer of IBEW LOCAL 351 received $403,653 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IBEW LOCAL 351 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at IBEW LOCAL 351 falls in the top 10%.

What are IBEW LOCAL 351's revenue and expenses?

In 2024, IBEW LOCAL 351 reported $6.7M in total revenue and $7.5M in total expenses on its IRS Form 990.

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