Ibew 400 Local Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 210482995 ✦ Wall, NJ ✦ Designated as a 501(c)(5)

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Overview

What is Ibew 400 Local Union?

Ibew 400 Local Union is a nonprofit organization situated in Wall, New Jersey. With a modest workforce of 11 individuals, their primary aim is to improve the welfare of their union members and strive for better working conditions in the electrical construction industry. They represent their members in collective bargaining negotiations to secure fair wages, benefits, and work conditions. The organization's mission is deeply rooted in advocating for the well-being of its members, demonstrating a strong commitment to their members' professional growth and satisfaction.


Official website here: www.ibew400.org

Is Ibew 400 Local Union legitimate?

Ibew 400 Local Union is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew 400 Local Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $709,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,574

For more financial information, click here


Official website here: www.ibew400.org

What is the mission statement of Ibew 400 Local Union?

The Ibew 400 Local Union's mission is centered around advocating for its members. Their primary goal is to promote their welfare, aiming to improve the working conditions for those employed in the electrical construction industry. The union represents its members in collective bargaining processes, working towards mutual benefits and fair agreements. They strive to enhance the work environment and overall well-being of their members, ensuring their rights and interests are addressed in the workplace.


Official website here: www.ibew400.org

Who is the CEO of Ibew 400 Local Union?

Robert Shimko is the Executive Board of Ibew 400 Local Union.


Official website here: www.ibew400.org

What is the revenue of Ibew 400 Local Union?

Ibew 400 Local Union's revenue in 2023 was $2,860,950.


Official website here: www.ibew400.org

Who are the executives of Ibew 400 Local Union and what are their salaries?

The average compensation at Ibew 400 Local Union during 2023 was $79,310. There are 11 employees at Ibew 400 Local Union.


Here are 11 key members and their salaries:


Robert Ingman (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Tucker (Former Executive Board)
  • Compensation: $0
  • Related: $78,195
  • Other: $56,160
Joseph Volpe (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Sanborn (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Carthy (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd J Larsen (Executive Board)
  • Compensation: $0
  • Related: $54,619
  • Other: $38,598
Robert Shimko (Business Manager/Financial)
  • Compensation: $199,311
  • Related: $0
  • Other: $141,511
James Moran (Treasurer/Business Agent)
  • Compensation: $163,674
  • Related: $0
  • Other: $116,208
Michael J Ricca (Business Manager/President)
  • Compensation: $180,041
  • Related: $0
  • Other: $127,830
George T Lane (Recording Secretary/Business Agent)
  • Compensation: $163,674
  • Related: $0
  • Other: $116,208
Robert Baumgartner (Vice President)
  • Compensation: $3,135
  • Related: $0
  • Other: $0


Official website here: www.ibew400.org

Where can I find the form 990 for Ibew 400 Local Union?

Ibew 400 Local Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ibew400.org

Learn more at the official website: www.ibew400.org

Mission Statement of Ibew 400 Local Union

Ibew 400 Local Union, a union representing individuals in the electrical construction industry, has a mission to promote the welfare of its members. This mission is centered around striving to enhance the working conditions for its members. The union's primary objective is to engage in collective bargaining on behalf of its members, ensuring fair labor practices and beneficial agreements that positively impact their lives. By promoting the welfare of its members, Ibew 400 Local Union aims to create a conducive work environment that fosters growth and improvement in the electrical construction industry.

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Impact




October, 2024

IBEW Local 400 has a significant impact on its members by actively representing them in collective bargaining processes. By advocating for better wages, benefits, and working conditions, the union enhances the overall welfare of its members employed in the electrical construction industry. This representation ensures that workers have a voice in negotiations with employers, leading to improved job security and workplace safety.

The union's efforts to promote favorable working conditions not only benefit the members directly but also contribute to the stability and growth of the electrical construction sector in Wall, NJ. Through training programs and skill development initiatives, IBEW Local 400 prepares its members for the evolving demands of the industry, fostering a more skilled and competitive workforce.

In addition to direct employment benefits, the union plays a crucial role in building a sense of community among its members, creating networks of support and shared resources that enhance their professional lives. By striving for social and economic justice within the workplace, IBEW Local 400 not only impacts its members but also influences the broader community by setting standards for fair labor practices within the industry.




This information is meant to be a general summary of Ibew 400 Local Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,860,950 (2023)
Expenses
$2,520,953 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,469
  • Program Service Revenue: $216,635
  • Gross Receipts: $2,860,950

Assets and Liabilities:

  • Total Assets: $3,276,168
  • Total Liabilities: $58,978
  • Net Assets: $3,217,190

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEATH BENEFIT CONTRIBU

Revenue

$166,962

SPECIAL EVENTS

Revenue

$37,271

MISCELLANEOUS INCOME

Revenue

$11,701

STRIKE FUND FEES

Revenue

$701

Organization Details

Founding Year

1940

Principal Officer

Robert Shimko

Main Address

PO BOX 1256, WALL, NJ, 07719

NTEE Category

Code: J40 - Employment

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