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Filing year 2024

MECHANICS LOCAL 701 TRAINING FUND

Aurora, Illinois·EIN 20-4447127·NTEE B30 · Education·3
Total revenue
$2.1M
Total assets
$2.4M
Total expenses
$1.1M
Reported officers
8
Mission

TO ESTABLISH AND MAINTAIN TRAINING AND EDUCATION PROGRAMS OF JOURNEYMEN AND APPRENTICES FOR FURTHER DEVELOPMENT OF SKILLS AND KNOWLEDGE NEEDED IN CRAFTS UNDER THE JURISDICTION OF AUTOMOBILE MECHANICS LOCAL 701.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Training Director
highest compensated employee
$143k
$153k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Financial trend

Revenue and expenses over time

MECHANICS LOCAL 701 TRAINING FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1M
2023
$2.1M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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