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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702

West Frankfort, Illinois·EIN 37-0347404·5
Total revenue
$9.4M
Total assets
$17.2M
Total expenses
$6.8M
Reported officers
21
Mission

LABOR UNION

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

Business Manager/financial
officer (unspecified)
$246k
$264k
Base
$185k
Bonus
Other
Benefits
$10k
Business Rep
highest compensated employee
$240k
$259k
Base
$166k
Bonus
Other
Benefits
$30k
Business Rep
highest compensated employee
$238k
$256k
Base
$164k
Bonus
Other
Benefits
$30k
Business Rep
highest compensated employee
$237k
$255k
Base
$163k
Bonus
Other
Benefits
$30k
Asst Business Manager
highest compensated employee
$219k
$235k
Base
$173k
Bonus
Other
Benefits
$30k
Business Rep
highest compensated employee
$218k
$234k
Base
$164k
Bonus
Other
Benefits
$20k
President/business Rep
$85k
$92k
Exec Board
officer (unspecified)
$13k
$14k
Exec Board
officer (unspecified)
$9k
$10k
Exec Board
officer (unspecified)
$9k
$10k
Exec Board
officer (unspecified)
$8k
$8k
Exec Board
officer (unspecified)
$8k
$8k
Recording Secretary
secretary (operational)
$7k
$8k
Exec Board
officer (unspecified)
$7k
$8k
Vice President
vice president
$7k
$8k
Exec Board
officer (unspecified)
$5k
$5k
Exec Board
officer (unspecified)
$4k
$5k
Exec Board
officer (unspecified)
$2k
$2k
Exec Board
officer (unspecified)
$2k
$2k
Exec Board
officer (unspecified)
$2k
$2k
$300
$323

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.

Down 8%
from 2023

From $268k in 2023 to $246k in 2024.

$268k
2023
$246k
2024
In today's dollarsEst.
Down 11% in real terms$296k to $264k

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 702 reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.9M
$7.3M
2023
$9.4M
$6.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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