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Filing year 2024

LOCAL NO 494 INTERNATIONAL BROTHERHOOD

Milwaukee, Wisconsin·EIN 39-0260870·5
Total revenue
$5.5M
Total assets
$13.1M
Total expenses
$3.9M
Reported officers
17
Mission

TOGETHER, WE WILL PROVIDE QUALITY ELECTRICAL SERVICES WITH HIGHLY TRAINED AND HARD WORKING MEMBERS OF THE IBEW/ NECA TEAM. WE WILL EARN THE RESPECT OF OUR CUSTOMERS AND COMMUNITY BY BEING INNOVATIVE, RESPONSIVE, PRODUCTIVE AND COST EFFECTIVE. TO ASSURE THAT EVERY ELECTRICAL WORKER IN THE ELECTRICAL INDUSTRY ENJOYS THE FULL BENEFITS OF I.B.E.W. REPRESENTATION AND MEMBERSHIP FOR A BETTER QUALITY OF LIFE. TO ACHIEVE POWER TO NEGOTIATE THE TERMS AND CONDITIONS OF EMPLOYMENT OF EVERY ELECTRICAL WORKER FOR A BETTER STANDARD OF LIVING. TO ELEVATE THE ECONOMIC, POLITICAL AND SOCIAL STANDING OF EVERY ELECTRICAL WORKER IN OUR COMMUNITY AND SOCIETY. TO ENABLE THE I.B.E.W. TO PLAN A POSITIVE AND STABILIZING ROLE FOR BENEFIT OF THE INDUSTRY'S PARTICIPANTS, CUSTOMERS AND COMMUNITY AT LARGE. TO ASSUME A LEADING ROLE IN THE REVITALIZING FOR THE LABOR MOVEMENT.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Business Manager
officer (unspecified)
$196k
$211k
Base
$147k
Bonus
Other
Benefits
$19k
Employee
highest compensated employee
$189k
$203k
Base
$140k
Bonus
Other
Benefits
$19k
Employee
highest compensated employee
$174k
$187k
Base
$128k
Bonus
Other
Benefits
$19k
Employee
highest compensated employee
$174k
$187k
Base
$128k
Bonus
Other
Benefits
$19k
Employee
highest compensated employee
$172k
$185k
Base
$126k
Bonus
Other
Benefits
$19k
Employee
highest compensated employee
$172k
$185k
Base
$127k
Bonus
Other
Benefits
$19k
$12k
$13k
Treasurer
officer (unspecified)
$7k
$8k
Recording Secretary
officer (unspecified)
$4k
$4k
Executive Board
board member
$3k
$3k
Executive Board
board member
$2k
$2k
Executive Board
board member
$2k
$2k
Executive Board
board member
$2k
$2k
Executive Board
board member
$2k
$2k
Executive Board
board member
$1k
$1k
Executive Board
board member
$143
$154

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.

Plus 1 unpaid individual.

Up 6%
from 2023

From $184k in 2023 to $196k in 2024.

$184k
2023
$196k
2024
In today's dollarsEst.
Up 4% in real terms$204k to $211k

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

LOCAL NO 494 INTERNATIONAL BROTHERHOOD reported revenue and expenses across 2 filing years.

RevenueExpenses
$4M
$3.6M
2023
$5.5M
$3.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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