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Filing year 2024

LABORERS' INT'L UNION LOCAL 563

Minneapolis, Minnesota·EIN 41-0329080·5
Total revenue
$13.2M
Total assets
$14.9M
Total expenses
$12.2M
Reported officers
18
Mission

LOCAL 563 REPRESENTS APPROXIMATELY 7,500 CONSTRUCTION WORKERS EMPLOYED IN MINNEAPOLIS, MN, ST PAUL, MN AND SURROUNDING AREAS. ITS PURPOSE IS TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

Business Man
officer (unspecified)
$255k
$272k
Base
$196k
Bonus
Other
Benefits
$21k
Fin Sec/trea
officer (unspecified)
$242k
$259k
Base
$185k
Bonus
Other
Benefits
$21k
Asst Busines
highest compensated employee
$218k
$232k
Base
$164k
Bonus
Other
Benefits
$21k
Director of
highest compensated employee
$210k
$224k
Base
$157k
Bonus
Other
Benefits
$21k
Business Age
highest compensated employee
$202k
$215k
Base
$150k
Bonus
Other
Benefits
$21k
Business Age
highest compensated employee
$197k
$211k
Base
$146k
Bonus
Other
Benefits
$21k
Business Age
highest compensated employee
$197k
$210k
Base
$146k
Bonus
Other
Benefits
$21k
Fmr Auditor
board member
$105k
$112k
Vice Preside
vice president
$5k
$5k
Recording Se
board secretary
$5k
$5k
Board Member
board member
$4k
$5k
Fmr Presiden
officer (unspecified)
$3k
$3k
Board Member
board member
$3k
$3k
Auditor
board member
$2k
$3k
Sergeant-at-
officer (unspecified)
$2k
$2k
Auditor
board member
$935
$998
Auditor
board member
$800
$853

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 15%
from 2023

From $301k in 2023 to $255k in 2024.

$301k
2023
$255k
2024
In today's dollarsEst.
Down 17% in real terms$329k to $272k

Estimated with Minneapolis-St.Paul-Bloomington, MN-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

LABORERS' INT'L UNION LOCAL 563 reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.6M
$11.3M
2023
$13.2M
$12.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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