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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 531

LaPorte, Indiana·EIN 35-0312181·5
Total revenue
$2.3M
Total assets
$3.5M
Total expenses
$2.1M
Reported officers
10
Mission

LABOR UNION

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Bus Mgr/fin Secy
officer (unspecified)
$203k
$218k
Base
$138k
Bonus
Other
$3k
Benefits
$22k
Organizer
highest compensated employee
$186k
$200k
Base
$118k
Bonus
Other
$6k
Benefits
$22k
Asst. Bus Mgr
highest compensated employee
$183k
$196k
Base
$117k
Bonus
Other
$4k
Benefits
$22k
Executive Board
officer (unspecified)
$4k
$5k
Recording Secretary
secretary (operational)
$4k
$4k
Vice President
vice president
$3k
$3k
Executive Board
officer (unspecified)
$2k
$2k
Executive Board
officer (unspecified)
$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 13%
from 2023

From $179k in 2023 to $203k in 2024.

$179k
2023
$203k
2024
In today's dollarsEst.
Up 11% in real terms$197k to $218k

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 UNION NO 531 reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.6M
2023
$2.3M
$2.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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