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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481

Indianapolis, Indiana·EIN 35-0289840·501(c)(5)
Total revenue
$9.8M
Total assets
$11.7M
Total expenses
$7.8M
Reported officers
18
Mission

LABOR UNION

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

Finl Secy-bus Mgr
Officer (Unspecified)
$196k
$211k
Base
$123k
Bonus
Other
$774
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
Treasurer/asst Bus Mgr
75th to 90th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$117k
Bonus
Other
$774
Benefits
$30k
President
Below 10th percentile
$14k
$15k
Executive Board
Officer (Unspecified)
$9k
$10k
Executive Board
Officer (Unspecified)
$8k
$9k
Recording Secretary
Secretary (Operational)
25th percentile to median
$8k
$8k
Exam Board
Officer (Unspecified)
$7k
$8k
Exam Board
Officer (Unspecified)
$6k
$7k
Executive Board
Officer (Unspecified)
$6k
$7k
Exam Board
Officer (Unspecified)
$4k
$5k
Executive Board
Officer (Unspecified)
$3k
$3k
Executive Board
Officer (Unspecified)
$2k
$2k
Vice President
Below 10th percentile
$1k
$1k

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.

Up 6%
from 2023

From $184k in 2023 to $196k in 2024.

$184k
2023
$196k
2024
In today's dollarsEst.
Up 4% in real terms$203k to $211k

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.

Pay for the position

Highest Compensated Employee pay rose 6% from 2023 to 2024, while revenue rose 23%.

$176k in 2023 to $188k in 2024.
  • Chief Financial Officer pay rose 6% from 2023 to 2024.
  • Chief Executive Officer pay rose 26% 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 UNION NO 481 reported revenue and expenses across 2 filing years.

RevenueExpenses
$8M
$7.1M
2023
$9.8M
$7.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481

What does the Highest Compensated Employee of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481 earn?

In 2024, the Highest Compensated Employee of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481 received $187,698 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481 falls between the median and the 75th percentile.

What are INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481's revenue and expenses?

In 2024, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 481 reported $9.8M in total revenue and $7.8M in total expenses on its IRS Form 990.

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