International Brotherhood Of Electrical Workers 98

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

EIN: 230724610 ✦ Philadelphia, PA ✦ Designated as a 501(c)(5)

Overview

What is International Brotherhood Of Electrical Workers 98?

International Brotherhood of Electrical Workers #98, a labor union based in Philadelphia, PA, is committed to creating job opportunities for its members and fostering economic growth through charitable contributions, marketing collaborations, and consulting agreements. By subsidizing targeted projects through the Local union #98 IBEW job recovery fund, they aim to achieve these objectives. Furthermore, the Local union #98 IBEW sup 2100 fund extends financial aid to union members who have struggled to secure employment.


Official website here: www.ibew98.org

Is International Brotherhood Of Electrical Workers 98 legitimate?

International Brotherhood Of Electrical Workers #98 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers #98 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,493,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,703,917

For more financial information, click here


Official website here: www.ibew98.org

What is the mission statement of International Brotherhood Of Electrical Workers 98?

The International Brotherhood of Electrical Workers #98 is a labor union organization dedicated to creating job opportunities for its members. Through charitable contributions, marketing collaborations, and consulting agreements, the union seeks to foster goodwill and stimulate economic growth. The union's job recovery fund supports targeted projects to achieve these goals. Additionally, the union's relief fund offers financial assistance to unemployed members who have been unable to secure employment.


Official website here: www.ibew98.org

Who is the CEO of International Brotherhood Of Electrical Workers 98?

Mark Lynch is the Business Manager/Fin. Sec. of International Brotherhood Of Electrical Workers #98.


Official website here: www.ibew98.org

What is the revenue of International Brotherhood Of Electrical Workers 98?

International Brotherhood Of Electrical Workers #98's revenue in 2022 was $33,592,773.


Official website here: www.ibew98.org

Who are the executives of International Brotherhood Of Electrical Workers 98 and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers 98 during 2022 was $105,097. There are 78 employees at International Brotherhood Of Electrical Workers 98.

Here are 15 key members and their salaries:

    Mark Lynch (Business Manager/Fin. Sec.)
  • Compensation: $278,878
  • Related: $0
  • Other: $161,033

    • Zachary Gniewoz (Executive Board)
  • Compensation: $225,912
  • Related: $0
  • Other: $128,911

    • George Walker (Business Representative)
  • Compensation: $224,815
  • Related: $0
  • Other: $128,619

    • James Foy (Executive Board)
  • Compensation: $222,295
  • Related: $0
  • Other: $128,911

    • Todd Neilson (Executive Board)
  • Compensation: $220,382
  • Related: $0
  • Other: $123,755

    • Robert Bark (Business Representative)
  • Compensation: $217,984
  • Related: $0
  • Other: $123,755

    • Brian Burrows (President)
  • Compensation: $217,908
  • Related: $0
  • Other: $123,755

    • James Snyder (Executive Board)
  • Compensation: $217,418
  • Related: $0
  • Other: $123,755

    • Robert Gormley (Executive Board)
  • Compensation: $217,064
  • Related: $0
  • Other: $123,755

    • Robert Boland (Business Representative)
  • Compensation: $213,124
  • Related: $0
  • Other: $123,755

    • Robert Thompson (Business Representative)
  • Compensation: $210,545
  • Related: $0
  • Other: $122,830

    • Tara Chupka (Assistant To President)
  • Compensation: $210,559
  • Related: $0
  • Other: $121,540

    • Michael Magee (Treasurer)
  • Compensation: $2,704
  • Related: $0
  • Other: $1,582

    • Michael Masculli (Recording Secretary)
  • Compensation: $1,200
  • Related: $0
  • Other: $702

    • Timothy J Browne (Vice President)
  • Compensation: $400
  • Related: $0
  • Other: $234


  • Official website here: www.ibew98.org

    Where can I find the form 990 for International Brotherhood Of Electrical Workers 98?

    The International Brotherhood Of Electrical Workers 98’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ibew98.org

    Learn more at the official website: www.ibew98.org

    Mission Statement of International Brotherhood Of Electrical Workers 98

    International Brotherhood of Electrical Workers #98, a labor union organization, is dedicated to creating opportunities for its members and promoting economic growth through charitable initiatives. The mission of this union is to advocate for its members' employment and contribute positively to the community.

    Located in Philadelphia, the organization strives to secure jobs for its union members and foster goodwill in the community through various means. International Brotherhood of Electrical Workers #98 achieves these goals by subsidizing targeted projects through the Local union #98 IBEW Job Recovery Fund. This fund supports initiatives that align with the union's mission and create opportunities for its members.

    Additionally, the union offers financial assistance to its unemployed members through the Local union #98 IBEW Sup 2100 Fund. This fund provides a safety net for those who have struggled to find employment, helping them get back on their feet and contributing to the union's overall economic development efforts.

    In essence, International Brotherhood of Electrical Workers #98 serves as a powerful advocate for its members, securing jobs and creating opportunities for them. It also engages in charitable initiatives that contribute to the local community and promote economic growth.

    Impact

    This information is meant to be a general summary of International Brotherhood Of Electrical Workers 98. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The International Brotherhood of Electrical Workers Local 98 has had a significant impact on the community by promoting job opportunities for union members and supporting economic development through charitable contributions and consulting agreements. The organization's Job Recovery Fund has subsidized targeted projects to create employment opportunities, while the SUP 2100 Fund has provided financial assistance to unemployed members. By actively supporting its members and investing in the local economy, IBEW 98 has played a vital role in enhancing employment prospects and fostering economic growth in Philadelphia.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $316,587
  • Program Service Revenue: $33,013,280
  • Gross Receipts: $34,874,895

    • Assets and Liabilities:
  • Total Assets: $92,157,512
  • Total Liabilities: $328,171
  • Net Assets: $91,829,341
  • Programs

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

    MEMBERS DUE AND ASSESSMENTS

    Revenue

    $32,915,675

    SPONSORED EVENTS

    Revenue

    $97,605

    Organization Details

    Founding Year

    1901

    Principal Officer

    Mark Lynch

    Main Address

    1719 SPRING GARDEN STREET, PHILADELPHIA, PA, 19130

    NTEE Category

    Code: J40 - Employment

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