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Filing year 2024

LOCAL UNION 102 IBEW

Parsippany, New Jersey·EIN 22-6062794·501(c)(5)
Total revenue
$8.5M
Total assets
$25.7M
Total expenses
$8M
Reported officers
18
Mission

TO ORGANIZE ELECTRICAL WORKERS AND MAINTAIN A UNION HIRING HALL FOR THE BENEFIT OF MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

Business Manager
Above 90th percentile
$378k
$409k
Base
$234k
Bonus
Other
$5k
Benefits
$70k
Business Agent
Key Employee
75th to 90th percentile
$347k
$375k
Base
$214k
Bonus
Other
$5k
Benefits
$65k
Treasurer & Asst.bus. Mgr.
Above 90th percentile
$345k
$373k
Base
$213k
Bonus
Other
$5k
Benefits
$64k
Business Agent
Key Employee
75th to 90th percentile
$343k
$371k
Base
$211k
Bonus
Other
$5k
Benefits
$64k
Business Agent
Key Employee
75th to 90th percentile
$340k
$368k
Base
$210k
Bonus
Other
$5k
Benefits
$63k
Business Agent
Key Employee
75th to 90th percentile
$340k
$367k
Base
$209k
Bonus
Other
$5k
Benefits
$63k
President
Above 90th percentile
$339k
$366k
Base
$209k
Bonus
Other
$5k
Benefits
$63k
Financial Secretary
Secretary (Operational)
Above 90th percentile
$339k
$366k
Base
$209k
Bonus
Other
$5k
Benefits
$63k
Business Agent
Key Employee
75th to 90th percentile
$336k
$364k
Base
$207k
Bonus
Other
$5k
Benefits
$63k
Business Agent
Officer (Unspecified)
$81k
$88k
Recording Secretary
Secretary (Operational)
10th to 25th percentile
$3k
$3k
Exec. Bd. Dir.
Board Member
10th to 25th percentile
$2k
$2k
Exec. Bd. Dir.
Board Member
10th to 25th percentile
$2k
$2k
Exec. Bd. Director
Board Member
10th to 25th percentile
$2k
$2k
Exec. Bd. Dir.
Board Member
10th to 25th percentile
$1k
$1k
Exec. Bd. Dir.
Board Member
10th to 25th percentile
$1k
$1k
Vice President
Below 10th percentile
$1k
$1k
Exec. Bd. Chairman
Board Chair
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Held steady
from 2023

From $376k in 2023 to $378k in 2024.

$376k
2023
$378k
2024
In today's dollarsEst.
Down 3% in real terms$422k to $409k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Business Manager pay rose 1% from 2023 to 2024, while revenue held roughly steady.

$376k in 2023 to $378k in 2024.
  • Key Employee pay rose 2% from 2023 to 2024.
  • Chief Financial Officer pay rose 1% from 2023 to 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 UNION 102 IBEW reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.5M
$7.7M
2023
$8.5M
$8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL UNION 102 IBEW

What does the Business Manager of LOCAL UNION 102 IBEW earn?

In 2024, the Business Manager of LOCAL UNION 102 IBEW received $377,983 in total compensation. This pay is in the top 10% for Business Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Business Manager pay at LOCAL UNION 102 IBEW compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Business Manager at LOCAL UNION 102 IBEW falls in the top 10%.

What are LOCAL UNION 102 IBEW's revenue and expenses?

In 2024, LOCAL UNION 102 IBEW reported $8.5M in total revenue and $8M in total expenses on its IRS Form 990.

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