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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 347

Ankeny, Iowa·EIN 42-0328980·5
Total revenue
$5.5M
Total assets
$14.4M
Total expenses
$2.7M
Reported officers
11
Mission

To organize all electricians in the jurisdiction of IBEW Local 347 so that all workers within the industry enjoy the moral, economic, political, and social benefits of IBEW membership; thus assuring each worker the opportunity to work, live, participate, and retire with dignity and respect.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Business Mgr
officer (unspecified)
$173k
$186k
Base
$128k
Bonus
Other
Benefits
$46k
Executive Board
board member
$119k
$128k
$16k
$17k
Executive Board
board member
$7k
$7k
Vice President
vice president
$5k
$6k
Executive Board
board member
$4k
$4k
Executive Board
board member
$2k
$3k
Executive Board
board member
$2k
$2k
Secretary
officer (unspecified)
$239
$257

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.

Up 14%
from 2023

From $152k in 2023 to $173k in 2024.

$152k
2023
$173k
2024
In today's dollarsEst.
Up 11% in real terms$168k to $186k

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 347 reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.9M
$2.5M
2023
$5.5M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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