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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343

Rochester, Minnesota·EIN 41-1350874·501(c)(5)
Total revenue
$4.2M
Total assets
$9.4M
Total expenses
$3.3M
Reported officers
14
Mission

LABOR UNION

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 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 Secretary
Secretary (Operational)
Above 90th percentile
$200k
$215k
Base
$149k
Bonus
Other
Benefits
$32k
Organizer
Highest Compensated Employee
Median to 75th percentile
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Business Representative
Highest Compensated Employee
Median to 75th percentile
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Compliance Officer
Highest Compensated Employee
Median to 75th percentile
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Business Representative
Highest Compensated Employee
Median to 75th percentile
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Treasurer
10th to 25th percentile
$15k
$17k
President
Below 10th percentile
$13k
$14k
Executive Board
Officer (Unspecified)
$8k
$9k
Executive Board
Officer (Unspecified)
$8k
$9k
Recording Secretary
Secretary (Operational)
25th percentile to median
$7k
$7k
Executive Board
Officer (Unspecified)
$7k
$7k
Executive Board
Officer (Unspecified)
$6k
$7k
Executive Board
Officer (Unspecified)
$5k
$6k
Vice President
10th to 25th percentile
$2k
$2k

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 $188k in 2023 to $200k in 2024.

$188k
2023
$200k
2024
In today's dollarsEst.
Up 3% in real terms$208k to $215k

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

Secretary (Operational) pay rose 2874% from 2023 to 2024, while revenue rose 14%.

$7k in 2023 to $200k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay rose 20% 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 343 reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$3M
2023
$4.2M
$3.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343

What does the Secretary (Operational) of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343 earn?

In 2024, the Secretary (Operational) of INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343 received $199,900 in total compensation. This pay is in the top 10% for Secretary (Operational) roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Secretary (Operational) pay at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Secretary (Operational) at INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343 falls in the top 10%.

What are INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343's revenue and expenses?

In 2024, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343 reported $4.2M in total revenue and $3.3M in total expenses on its IRS Form 990.

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