Skip to main content
Filing year 2024

IBEW LOCAL UNION 716

Houston, Texas·EIN 74-0706098·5
Total revenue
$8.2M
Total assets
$8.8M
Total expenses
$6M
Reported officers
17
Mission

TO ORGANIZE ALL WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY IN THE UNITED STATES AND CANADA, INCLUDING ALL THOSE IN PUBLIC UTILITIES AND ELECTRICAL MANUFACTURING, INTO LOCAL UNIONS, REASONABLE METHODS OF WORK; TO CULTIVATE FEELINGS OF FRIENDSHIP AMONG THOSE OF OUR INDUSTRY; TO SETTLE ALL DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES BY ARBITRATION (IF POSSIBLE); TO ASSIST EACH OTHER IN SICKNESS OR DISTRESS; TO SECURE EMPLOYMENT; TO REDUCE THE HOURS OF DAILY LABOR; TO SECURE ADEQUATE PAY FOR OUR WORK; TO SEEK A HIGHER AND HIGHER STANDARD OF LIVING; TO SEEK SECURITY FOR THE INDIVIDUAL; AND BY LEGAL AND PROPER MEANS TO ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF OUR MEMBERS, THEIR FAMILIES AND DEPENDENTS, IN THE INTEREST OF A HIGHER STANDARD OF CITIZENSHIP.

Executive compensation

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

Bus, Mgr/fin
officer (unspecified)
$113k
$118k
Vice Preside
vice president
$94k
$98k
$94k
$98k
Executive Bo
board member
$5k
$5k
Executive Bo
board member
$4k
$5k
Executive Bo
board member
$4k
$4k
Executive Bo
board member
$3k
$3k
Recording Se
secretary (operational)
$2k
$3k
Executive Bo
board member
$715
$746
Executive Bo
board member
$552
$576
Executive Bo
board member
$552
$576
Executive Bo
board member
$276
$288

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Up 3%
from 2023

From $110k in 2023 to $113k in 2024.

$110k
2023
$113k
2024
In today's dollarsEst.
Up 1% in real terms$117k to $118k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

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 UNION 716 reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.9M
$5.4M
2023
$8.2M
$6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.