International Brotherhood Of Electrical Workers 98

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

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

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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

What are the reviews and ratings of this charity?

The International Brotherhood Of Electrical Workers 98 is not currently rated by Charity Navigator. The absence of a rating reflects that the organization has not been evaluated rather than indicating any particular strengths or weaknesses. Ratings generally depend on certain metrics, such as Accountability & Finance or Impact & Measurement, and this organization does not fit into the typical categories assessed by Charity Navigator.

Charity Navigator's inability to evaluate this organization stems from its classification in a subordinate group ruling rather than as a standalone 501(c)(3) nonprofit. Additionally, without electronically filed financial data or Form 990s, important financial insights into their operations are not available.

Due to the lack of user reviews on GreatNonprofits, there is limited public sentiment or anecdotal feedback available to inform potential supporters about the organization's community perception or impact. As a result, prospective donors and supporters may need to seek information through other channels to gain a better understanding of the organization's work and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

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 tax deductible.


Heare 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
James Foy (Executive Board)
  • Compensation: $222,295
  • Related: $0
  • Other: $128,911
Todd Neilson (Executive Board)
  • Compensation: $220,382
  • 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
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
George Walker (Business Representative)
  • Compensation: $224,815
  • Related: $0
  • Other: $128,619
Robert Bark (Business Representative)
  • Compensation: $217,984
  • Related: $0
  • Other: $123,755
Robert Boland (Business Representative)
  • Compensation: $213,124
  • Related: $0
  • Other: $123,755
Tara Chupka (Assistant To President)
  • Compensation: $210,559
  • Related: $0
  • Other: $121,540
Robert Thompson (Business Representative)
  • Compensation: $210,545
  • Related: $0
  • Other: $122,830


Official website here: www.ibew98.org

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

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.

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Impact




October, 2024

The International Brotherhood of Electrical Workers Local 98 (IBEW 98) in Philadelphia plays a crucial role in the labor landscape by advocating for job opportunities for its members and supporting local economic development. The union's proactive approach helps to enhance the workforce's skills and employability, ensuring that union members are well-positioned in the competitive job market.

Through initiatives like the Job Recovery Fund, IBEW 98 subsidizes targeted projects that not only create immediate employment opportunities but also contribute to the long-term economic vitality of the region. This is complemented by the financial assistance provided to unemployed members through the SUP 2100 Fund, which helps members navigate periods of joblessness and maintain their livelihoods.

Additionally, IBEW 98 works to foster goodwill within the community by engaging in charitable contributions and marketing efforts that raise awareness about the skilled labor sector. This multifaceted approach promotes not only the interests of its members but also the broader economic growth of Philadelphia, reinforcing the importance of strong labor unions in supporting both workers and the community at large.




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.


Financials

This financial information is from Propublica.

Revenue
$33,592,773 (2022)
Expenses
$25,649,142 (2022)
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

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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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