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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420

Waterbury, Connecticut·EIN 06-0716467·501(c)(5)
Total revenue
$1.3M
Total assets
$962k
Total expenses
$1.3M
Reported officers
17
Mission

LABOR UNION FOR ELECTRICAL WORKERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Business Manager
Above 90th percentile
$279k
$302k
Base
$224k
Bonus
Other
Benefits
$48k
Asst. Bus. Manager
Officer (Unspecified)
$229k
$247k
Base
$190k
Bonus
Other
Benefits
$34k
Treasurer
25th percentile to median
$27k
$29k
Recording Sec.
Officer (Unspecified)
$12k
$13k
Executive Board
Board Member
25th percentile to median
$9k
$9k
President
Below 10th percentile
$8k
$8k
VP
Vice President
10th to 25th percentile
$4k
$5k
Executive Board
Board Member
10th to 25th percentile
$4k
$4k
Executive Board
Board Member
Below 10th percentile
$1k
$1k
Executive Board
Board Member
Below 10th percentile
$1k
$1k
Executive Board
Board Member
Below 10th percentile
$1k
$1k
Executive Board
Board Member
Below 10th percentile
$800
$864

Teal figures restate each filed amount in 2026 dollars.

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

Plus 5 unpaid individuals.

Up 6%
from 2023

From $264k in 2023 to $279k in 2024.

$264k
2023
$279k
2024
In today's dollarsEst.
Up 2% in real terms$295k to $302k

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

Pay for the position

Business Manager pay rose 6% from 2023 to 2024, while revenue rose 5%.

$264k in 2023 to $279k in 2024.
  • Chief Financial Officer pay rose 3% from 2023 to 2024.
  • Board Member pay rose 55% from 2023 to 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.
Financial trend

Revenue and expenses over time

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.1M
2023
$1.3M
$1.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420

What does the Business Manager of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 earn?

In 2024, the Business Manager of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 received $279,439 in total compensation. This pay is in the top 10% for Business Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Business Manager pay at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Business Manager at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 falls in the top 10%.

What are INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420's revenue and expenses?

In 2024, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 420 reported $1.3M in total revenue and $1.3M in total expenses on its IRS Form 990.

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