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Filing year 2023

LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND

Erie, Pennsylvania·EIN 25-0568217·5
Total revenue
$414k
Total assets
$1M
Total expenses
$298k
Reported officers
8
Mission

TO PROVIDE APPRENTICES ELECTRICAL TRAINING EDUCATION AND PROGRAMS FOR ADVANCEMENT IN THE UNION AND ELECTRICAL INDUSTRY

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

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

Training Director
Board Member
Median to 75th percentile
$50k
$56k
Asst. Director/trustee - Prior
Board Member
Median to 75th percentile
$45k
$51k
Trustee / Committee Member
Board Member
10th to 25th percentile
$2k
$2k
Trustee / Committee Member
Board Member
10th to 25th percentile
$2k
$2k

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 4 unpaid individuals.

Held steady
from 2022

From $50k in 2022 to $50k in 2023.

$50k
2022
$50k
2023
In today's dollarsEst.
Down 3% in real terms$57k to $56k

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.

Pay for the position

Board Member pay rose 2340% from 2022 to 2023, while revenue fell 7%.

$2k in 2022 to $50k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 NO 56 ELECTRICAL EDUCATIONAL TRUST FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$447k
$270k
2022
$414k
$298k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND

What does the Board Member of LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND earn?

In 2023, the Board Member of LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND received $49,914 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND falls between the median and the 75th percentile.

What are LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND's revenue and expenses?

In 2023, LOCAL UNION NO 56 ELECTRICAL EDUCATIONAL TRUST FUND reported $414k in total revenue and $298k in total expenses on its IRS Form 990.

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