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Filing year 2024

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 2

Chicago Ridge, Illinois·EIN 36-1265720·5
Total revenue
$5M
Total assets
$12.8M
Total expenses
$4.4M
Reported officers
19
Mission

THE EXEMPT PURPOSE OF LOCAL NO. 2 IS TO ENCOURAGE A HIGHER STANDARD OF SKILL AMONG ITS MEMBERS; TO CULTIVATE A FEELING OF FRIENDSHIP AMONG THE CRAFT; TO OBTAIN AND MAINTAIN A FAIR STANDARD OF WAGES; TO ASSIST EACH OTHER IN SECURING EMPLOYMENT; TO PROTECT THE JURISDICTION OF THE CRAFT; TO ENGAGE IN CULTURAL, CIVIC, LEGISLATIVE, FRATERNAL, EDUCATIONAL, CHARITABLE, WELFARE, AND SOCIAL AND OTHER ACTIVITIES WHICH FURTHER THE INTERESTS, DIRECTLY AND INDIRECTLY, OF THIS ORGANIZATION AND ITS MEMBERSHIP; AND TO USE LEGAL AND APPROPRIATE MEANS FOR THE ACCOMPLISHMENT OF THE FOREGOING OBJECTIVES.

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2024

Business Mgr/president & Business Rep/vp
$295k
$316k
Base
$200k
Bonus
Other
$5k
Benefits
$37k
Business Representative/vp
officer (unspecified)
$278k
$298k
Base
$183k
Bonus
Other
$5k
Benefits
$37k
Business Representative/vp
officer (unspecified)
$278k
$298k
Base
$183k
Bonus
Other
$5k
Benefits
$37k
Financial Administrator
key employee
$254k
$272k
Base
$164k
Bonus
Other
Benefits
$37k
Business Representative/vp & Executive Board
officer (unspecified)
$200k
$214k
Base
$140k
Bonus
Other
$5k
Benefits
$23k
Administrative Assistant
highest compensated employee
$188k
$201k
Base
$107k
Bonus
Other
Benefits
$36k
Business Mgr/president
$85k
$91k
$18k
$19k
Recording Sec./correspond
officer (unspecified)
$14k
$15k
Executive Board
officer (unspecified)
$7k
$8k
Executive Board
officer (unspecified)
$7k
$8k
Trustee
board member
$4k
$4k
Trustee
board member
$4k
$4k
Executive Board/trustee
officer (unspecified)
$4k
$4k
Executive Board
officer (unspecified)
$4k
$4k
Executive Board
officer (unspecified)
$4k
$4k
Trustee
board member
$3k
$3k
Warden
officer (unspecified)
$360
$385
Conductor
officer (unspecified)
$360
$385

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 2%
from 2023

From $289k in 2023 to $295k in 2024.

$289k
2023
$295k
2024
In today's dollarsEst.
Down 1% in real terms$321k to $316k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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 UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 2 reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.6M
$4.2M
2023
$5M
$4.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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