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Filing year 2024

LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND

Capitol Heights, Maryland·EIN 52-1511982·501(c)(5)
Total revenue
$4.5M
Total assets
$2.6M
Total expenses
$3.9M
Reported officers
3
Mission

THE FUND PROMOTES COMMUNICATION BETWEEN LABOR AND MANAGEMENT OF MEMBERS OF LOCAL UNION NO. 602 THROUGH VARIOUS PROGRAMS AND EVENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Trustee
Board Member
Above 90th percentile
$111k
$117k
Trustee
Board Member
75th to 90th percentile
$105k
$111k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Down 7%
from 2023

From $119k in 2023 to $111k in 2024.

$119k
2023
$111k
2024
In today's dollarsEst.
Down 10% in real terms$130k to $117k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 7% from 2023 to 2024, while revenue rose 29%.

$119k in 2023 to $111k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 602 COMMUNICATION AND PRODUCTIVITY FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$4.5M
2023
$4.5M
$3.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND

What does the Board Member of LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND earn?

In 2024, the Board Member of LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND received $110,604 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND falls in the top 10%.

What are LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND's revenue and expenses?

In 2024, LOCAL NO 602 COMMUNICATION AND PRODUCTIVITY FUND reported $4.5M in total revenue and $3.9M in total expenses on its IRS Form 990.

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