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Filing year 2024

IBEW LOCAL UNION 697 SUB FUND

Merrillville, Indiana·EIN 03-0545014·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$485k
Total assets
$2.8M
Total expenses
$359k
Reported officers
8
Mission

PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
75th to 90th percentile
$66k
$71k
Trustee
Board Member
10th to 25th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IBEW LOCAL UNION 697 SUB FUND equaled 18% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
18%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2023

From $65k in 2023 to $66k in 2024.

$65k
2023
$66k
2024
In today's dollarsEst.
Down 2% in real terms$72k to $71k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 2% from 2023 to 2024, while revenue fell 12%.

$65k in 2023 to $66k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IBEW LOCAL UNION 697 SUB FUND

What does the Board Member of IBEW LOCAL UNION 697 SUB FUND earn?

In 2024, the Board Member of IBEW LOCAL UNION 697 SUB FUND received $66,084 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at IBEW LOCAL UNION 697 SUB FUND compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at IBEW LOCAL UNION 697 SUB FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at IBEW LOCAL UNION 697 SUB FUND equaled 18% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are IBEW LOCAL UNION 697 SUB FUND's revenue and expenses?

In 2024, IBEW LOCAL UNION 697 SUB FUND reported $485k in total revenue and $359k in total expenses on its IRS Form 990.

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