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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702

West Frankfort, Illinois·EIN 37-0347404·501(c)(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 · Part VII & Schedule J · 21 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/financial
Officer (Unspecified)
$246k
$264k
Base
$185k
Bonus
Other
Benefits
$10k
Business Rep
Highest Compensated Employee
75th to 90th percentile
$240k
$259k
Base
$166k
Bonus
Other
Benefits
$30k
Business Rep
Highest Compensated Employee
75th to 90th percentile
$238k
$256k
Base
$164k
Bonus
Other
Benefits
$30k
Business Rep
Highest Compensated Employee
75th to 90th percentile
$237k
$255k
Base
$163k
Bonus
Other
Benefits
$30k
Asst Business Manager
Business Manager
75th to 90th percentile
$219k
$235k
Base
$173k
Bonus
Other
Benefits
$30k
Business Rep
Highest Compensated Employee
Median to 75th percentile
$218k
$234k
Base
$164k
Bonus
Other
Benefits
$20k
President/business Rep
25th percentile to median
$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)
25th percentile to median
$7k
$8k
Exec Board
Officer (Unspecified)
$7k
$8k
Vice President
25th percentile to median
$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
Treasurer
Below 10th percentile
$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.

Pay for the position

Highest Compensated Employee pay rose 6% from 2023 to 2024, while revenue rose 19%.

$227k in 2023 to $240k in 2024.
  • Business Manager pay fell 19% from 2023 to 2024.
  • Chief Executive Officer pay rose 303% 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 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.
FAQ

Common questions about INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702

What does the Highest Compensated Employee of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702 earn?

In 2024, the Highest Compensated Employee of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702 received $240,337 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702 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 702 falls between the 75th and 90th percentiles.

What are INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702's revenue and expenses?

In 2024, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 702 reported $9.4M in total revenue and $6.8M in total expenses on its IRS Form 990.

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