Skip to main content
Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTR WORKERS LOCAL 242

Duluth, Minnesota·EIN 41-1271846·5
Total revenue
$1.7M
Total assets
$5M
Total expenses
$1.5M
Reported officers
10
Mission

LABOR UNION - REPRESENT MEMBERS IN CONTRACT NEGOTIATIONS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$189k
$203k
Base
$169k
Bonus
Other
Benefits
$20k
Board
board member
$186k
$200k
Base
$166k
Bonus
Other
Benefits
$20k
Board
board member
$97k
$105k
Board
board member
$35k
$37k
Secretary
officer (unspecified)
$900
$968
Treasurer
officer (unspecified)
$900
$968

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 4 unpaid individuals.

Up 5%
from 2023

From $180k in 2023 to $189k in 2024.

$180k
2023
$189k
2024
In today's dollarsEst.
Up 2% in real terms$199k to $203k

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 ELECTR WORKERS LOCAL 242 reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.5M
2023
$1.7M
$1.5M
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.