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Filing year 2024

LOCAL NO 488 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

Monroe, Connecticut·EIN 06-0400910·5
Total revenue
$1.3M
Total assets
$1.7M
Total expenses
$1.2M
Reported officers
14
Mission

TO SERVE AS A LABOR UNION FOR ELECTRICIANS.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Business Manager/fin Sec
officer (unspecified)
$218k
$236k
Base
$141k
Bonus
Other
Benefits
$28k
Treasurer/asst. Business Manager
officer (unspecified)
$194k
$210k
Base
$122k
Bonus
Other
Benefits
$28k
Recording Secretary
officer (unspecified)
$170k
$184k
Base
$103k
Bonus
Other
Benefits
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 7%
from 2023

From $205k in 2023 to $218k in 2024.

$205k
2023
$218k
2024
In today's dollarsEst.
Up 3% in real terms$229k to $236k

Estimated with BLS CPI-U for the Northeast 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

LOCAL NO 488 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS reported revenue and expenses across 2 filing years.

RevenueExpenses
$965k
$1.1M
2023
$1.3M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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