International Brotherhood Of Electrical Workers Local 701

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

EIN: 362151869 ✦ Warrenville, IL ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers Local 701?

The International Brotherhood of Electrical Workers Local 701 is a nonprofit organization headquartered at 28600 Bella Vista Parkway, Warrenville, Illinois 60555. Their primary mission is to advocate for the economic, moral, and social betterment of their members. As of the end of the year, they had 1,419 members committed to this cause. The organization's activities are focused on advancing the condition and status of all workers. They currently employ a staff of 34 individuals, working towards this goal.

Is International Brotherhood Of Electrical Workers Local 701 legitimate?

International Brotherhood Of Electrical Workers Local 701 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers Local 701 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: $1,440,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,704

For more financial information, click here

What is the mission statement of International Brotherhood Of Electrical Workers Local 701?

The International Brotherhood of Electrical Workers Local 701 is dedicated to organizing all workers, aiming to enhance their economic, moral, and social conditions and status. This mission is aimed at improving the overall well-being and standing of the workforce. At the end of the year, the organization had 1,419 members.

Who is the CEO of International Brotherhood Of Electrical Workers Local 701?

Anthony Giunti is the Business Manager/Fin Sec of International Brotherhood Of Electrical Workers Local 701.

What is the revenue of International Brotherhood Of Electrical Workers Local 701?

International Brotherhood Of Electrical Workers Local 701's revenue in 2022 was $3,286,321.

Who are the executives of International Brotherhood Of Electrical Workers Local 701 and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers Local 701 during 2022 was $50,982. There are 34 employees at International Brotherhood Of Electrical Workers Local 701.


Here are 21 key members and their salaries:


Anthony Giunti (Business Manager/Fin Sec)
  • Compensation: $157,873
  • Related: $0
  • Other: $114,704
William Drew (President)
  • Compensation: $8,302
  • Related: $0
  • Other: $1,760
John Ahearn (Former Vice President)
  • Compensation: $1,772
  • Related: $0
  • Other: $0
Frank Furco (Frmr Business Manager/Fin Sec)
  • Compensation: $141,400
  • Related: $0
  • Other: $69,391
Brian Benson (Treasurer)
  • Compensation: $3,064
  • Related: $0
  • Other: $0
Brian Schulz (Executive Board)
  • Compensation: $4,488
  • Related: $0
  • Other: $1,760
John Bergner (Recording Secretary)
  • Compensation: $7,661
  • Related: $0
  • Other: $0
James Pokorny Jr (Executive Board)
  • Compensation: $3,064
  • Related: $0
  • Other: $0
Jim Vileta Jr (Executive Board)
  • Compensation: $3,064
  • Related: $0
  • Other: $0
Jason Phelps (Vice President)
  • Compensation: $3,064
  • Related: $0
  • Other: $0
Jeff Bedtka (Former Executive Board)
  • Compensation: $1,772
  • Related: $0
  • Other: $0
Tom Imburgia (Executive Board)
  • Compensation: $1,292
  • Related: $0
  • Other: $0
Todd Imburgia (Former Examining Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Erbach (Examining Board)
  • Compensation: $2,216
  • Related: $0
  • Other: $1,447
Jessie Mazzaferro (Former Examining Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Koenig (Examining Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Mossman (Examining Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Perreault (Business Representative)
  • Compensation: $164,376
  • Related: $0
  • Other: $108,237
Frank Gravina (Business Representative)
  • Compensation: $164,976
  • Related: $0
  • Other: $108,237
John Roti (Membership Development)
  • Compensation: $164,676
  • Related: $0
  • Other: $108,237
Matt Banks (Comptroller)
  • Compensation: $102,786
  • Related: $0
  • Other: $35,665
Where can I find the form 990 for International Brotherhood Of Electrical Workers Local 701?

International Brotherhood Of Electrical Workers Local 701's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Brotherhood Of Electrical Workers Local 701

The International Brotherhood of Electrical Workers Local 701 is a dedicated organization with a mission to promote the economic, moral, and social advancement of its members. By organizing all workers within its purview, the nonprofit aims to improve their conditions and status. This mission is a testament to its commitment to supporting its members and advocating for their well-being, both professionally and personally. With a membership of 1,419 individuals at the end of the year, the International Brotherhood of Electrical Workers Local 701 continues to strive towards its goal, fostering an environment of growth and improvement for its members.

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Impact




October, 2024

The International Brotherhood of Electrical Workers Local 701 plays a significant role in enhancing the economic, moral, and social standing of its members. With a strong focus on organizing all workers, the union empowers individuals in the electrical trade by advocating for fair wages, improved working conditions, and equitable rights in the workplace.

Based in Warrenville, IL, Local 701 serves its 1,419 members by fostering a sense of solidarity and collective bargaining power. This impact is reflected in better job security, access to training opportunities, and a supportive community that stands together for the common good. The union's commitment to its members promotes not only individual advancement but also contributes to the broader economic health of the community.

Through its activities, Local 701 plays a crucial role in raising awareness about workers' rights and ensuring that the voices of electrical workers are heard in critical labor discussions. This advocacy not only benefits the members directly but also sets a precedent for advancing labor rights in the industry as a whole.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local 701. 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
$3,286,321 (2022)
201120122013201420152016201720182019202020212022$0$950k$1.9M$2.85M$3.8M
Expenses
$3,498,718 (2022)
201120122013201420152016201720182019202020212022$0$900k$1.8M$2.7M$3.6M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%55%

Other financial information:

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

  • Investment Income: $143,481
  • Program Service Revenue: $3,178,380
  • Gross Receipts: $4,210,398

Assets and Liabilities:

  • Total Assets: $6,317,155
  • Total Liabilities: $323,497
  • Net Assets: $5,993,658

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$3,178,380

Organization Details

Founding Year

1911

Principal Officer

Anthony Giunti

Main Address

28600 BELLA VISTA PARKWAY 1000, WARRENVILLE, IL, 60555

NTEE Category

Code: J40 - Employment

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