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Filing year 2024

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 343

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

LABOR UNION

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Business Manager/financial Secretary
secretary (operational)
$200k
$215k
Base
$149k
Bonus
Other
Benefits
$32k
Organizer
highest compensated employee
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Business Representative
highest compensated employee
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Compliance Officer
highest compensated employee
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
Business Representative
highest compensated employee
$181k
$195k
Base
$134k
Bonus
Other
Benefits
$29k
$15k
$17k
$13k
$14k
Executive Board
officer (unspecified)
$8k
$9k
Executive Board
officer (unspecified)
$8k
$9k
Recording Secretary
secretary (operational)
$7k
$7k
Executive Board
officer (unspecified)
$7k
$7k
Executive Board
officer (unspecified)
$6k
$7k
Executive Board
officer (unspecified)
$5k
$6k
Vice President
vice president
$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.

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.
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