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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 55

Des Moines, Iowa·EIN 42-0232184·NTEE J404 · Employment·5
Total revenue
$3.5M
Total assets
$18M
Total expenses
$2.7M
Reported officers
17
Mission

TO SERVE MEMBER INTERESTS WITH RESPECT TO WORKING CONDITIONS AND COMPENSATION.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Business Man
officer (unspecified)
$245k
$264k
Base
$176k
Bonus
Other
Benefits
$23k
Asst Busines
highest compensated employee
$236k
$254k
Base
$168k
Bonus
Other
Benefits
$23k
Asst Busines
highest compensated employee
$236k
$254k
Base
$168k
Bonus
Other
Benefits
$23k
$190k
$205k
Base
$133k
Bonus
Other
Benefits
$21k
Business Man
officer (unspecified)
$155k
$167k
Base
$111k
Bonus
Other
Benefits
$15k
Recording Se
secretary (operational)
$111k
$119k
Executive Bo
board member
$3k
$3k
Recording Se
secretary (operational)
$2k
$2k
Executive Bo
board member
$1k
$1k
Executive Bo
board member
$1k
$1k
Exam Board
board member
$1k
$1k
$948
$1k
Executive Bo
board member
$844
$908
Executive Bo
board member
$839
$903
Vice Preside
vice president
$319
$343

Teal figures restate each filed amount in 2026 dollars.

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

Plus 2 unpaid individuals.

Browse compensation in Employment

Up 2%
from 2023

From $241k in 2023 to $245k in 2024.

$241k
2023
$245k
2024
In today's dollarsEst.
Down 1% in real terms$267k to $264k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 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

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 55 reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.1M
$2.6M
2023
$3.5M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Employment executives earn

Comparable employment organizations nationwide pay their highest-earning executive a median of $90,000.

25th percentile
$23k
Median
$90,000
75th percentile
$159k
90th percentile
$247k

These are employment sector-wide figures, not this organization's reported pay. Based on 1,065 organizations across 1,065 filings (2021 – 2023).

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