THIS BUILDING CORPORATION WAS CREATED FOR THE SOLE PURPOSE OF HOLDING LEGAL TITLE TO REAL ESTATE LOCATED AT 721 MAIN STREET, MONROE, CT 06468 AND ANY OTHER PROPERTY THAT MAY BE ACQUIRED, TO OPERATE AS A MEETING HALL, LOCAL HEADQUARTERS, TRAINING FACILITY AND OTHER PURPOSES FOR THE SOLE BENEFIT OF THE LABOR ORGANIZATION KNOWN AS LOCAL NO. 488 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (EIN: 06-0400910).
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
| Position | Total |
|---|---|
Business Manager/fin Sec Officer (Unspecified) | $77k $83k |
Treasurer Officer (Unspecified) | $72k $78k |
Recording Secretary Officer (Unspecified) | $67k $73k |
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.
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Top pay as a share of expenses
In 2024, the highest total compensation at LOCAL UNION 488 IBEW BUILDING CORPORATION equaled 22% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 9%
from 2023
From $71k in 2023 to $77k in 2024.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LOCAL UNION 488 IBEW BUILDING CORPORATION
What are LOCAL UNION 488 IBEW BUILDING CORPORATION's revenue and expenses?
In 2024, LOCAL UNION 488 IBEW BUILDING CORPORATION reported $214k in total revenue and $349k in total expenses on its IRS Form 990.
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