Mission
Placement and training of members.
Executive compensation, broken down
Form 990 · Schedule J · 10 reported individuals · Filing year 2023
Business Manager / Fin Secretary
secretary (operational)
$292k
$326k
- Base
- $170k
- Bonus
- —
- Other
- —
- Benefits
- $34k
Organizer
key employee
$286k
$319k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- $34k
Business Agent
key employee
$286k
$319k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- $34k
Business Agent
key employee
$285k
$318k
- Base
- $163k
- Bonus
- —
- Other
- —
- Benefits
- $34k
President
$11k
$13k
Business Agent
officer (unspecified)
$6k
$7k
Trustee
board member
$5k
$6k
Business Agent
former officer/director/trustee
$4k
$4k
- Base
- $3k
- Bonus
- —
- Other
- —
- Benefits
- —
Recording Secretary
secretary (operational)
$4k
$4k
Vice President
vice president
$3k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Business Manager / Fin Secretary secretary (operational) | $170k | — | — | $34k | $292k $326k |
Organizer key employee | $164k | — | — | $34k | $286k $319k |
Business Agent key employee | $164k | — | — | $34k | $286k $319k |
Business Agent key employee | $163k | — | — | $34k | $285k $318k |
President | — | — | — | — | $11k $13k |
Business Agent officer (unspecified) | — | — | — | — | $6k $7k |
Trustee board member | — | — | — | — | $5k $6k |
Business Agent former officer/director/trustee | $3k | — | — | — | $4k $4k |
Recording Secretary secretary (operational) | — | — | — | — | $4k $4k |
Vice President vice president | — | — | — | — | $3k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Down 4%
from 2022
From $304k in 2022 to $292k in 2023.
$304k
2022
$292k
2023
$304k
2022
$292k
2023
In today's dollarsEst.
Down 8% in real terms$354k to $326k
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 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
IRON WORKERS LOCAL UNION 401 reported revenue and expenses across 2 filing years.
RevenueExpenses
$3M
$4.3M
2022
$5.2M
$4.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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