International Brotherhood Of Electrical Workers Local 702

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

EIN: 370347404 ✦ West frankfort, IL ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers Local 702?

International Brotherhood of Electrical Workers Local 702, situated in West Frankfort, Illinois, serves as a labor union. Their primary mission is to facilitate collective bargaining for its union members, functioning as a labor union. This organization works towards advocating for and protecting the interests of its members in the electrical field.


Official website here: www.ibewlocal702.org

Is International Brotherhood Of Electrical Workers Local 702 legitimate?

International Brotherhood Of Electrical Workers Local 702 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers Local 702 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: $316,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,812,520

For more financial information, click here


Official website here: www.ibewlocal702.org

What is the mission statement of International Brotherhood Of Electrical Workers Local 702?

The International Brotherhood of Electrical Workers Local 700, as a labor union, is committed to providing collective bargaining services for its members. Its mission is centered around advocating for the rights and interests of its workforce in the electrical industry, acting as a mediator between employees and employers to ensure fair labor practices and compensation. The union's purpose is to foster a positive work environment and protect the welfare of its members, ultimately promoting a balanced relationship between labor and management.


Official website here: www.ibewlocal702.org

Who is the CEO of International Brotherhood Of Electrical Workers Local 702?

Steve Hughart is the President of International Brotherhood Of Electrical Workers Local 702.


Official website here: www.ibewlocal702.org

What is the revenue of International Brotherhood Of Electrical Workers Local 702?

International Brotherhood Of Electrical Workers Local 702's revenue in 2023 was $7,616,050.


Official website here: www.ibewlocal702.org

Who are the executives of International Brotherhood Of Electrical Workers Local 702 and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers Local 702 during 2023 was $19,899. There are 107 employees at International Brotherhood Of Electrical Workers Local 702.


Here are 23 key members and their salaries:


James Sanchez (President)
  • Compensation: $14,454
  • Related: $0
  • Other: $6,303
Charles Hughart (Business Manager/Financial)
  • Compensation: $170,793
  • Related: $0
  • Other: $61,261
Bill Yeager (Vice President-Past)
  • Compensation: $240
  • Related: $0
  • Other: $0
Keith Atchison (Vice President-New)
  • Compensation: $400
  • Related: $0
  • Other: $1,211
Travis Sullivan (Recording Secretary)
  • Compensation: $7,721
  • Related: $0
  • Other: $0
Charles Brookhouse (Treasurer)
  • Compensation: $300
  • Related: $0
  • Other: $0
Dennis Anderson (Exec Board)
  • Compensation: $1,039
  • Related: $0
  • Other: $0
Kerry Ferguson (Exec Board)
  • Compensation: $4,222
  • Related: $0
  • Other: $0
Jeremy Byers (Exec Board)
  • Compensation: $3,797
  • Related: $0
  • Other: $1,348
James Nolen (Exec Board - Past)
  • Compensation: $6,121
  • Related: $0
  • Other: $0
Kenneth Johnson Jr (Exec Board)
  • Compensation: $1,118
  • Related: $0
  • Other: $0
Jason Mcmechan (Exec Board)
  • Compensation: $3,088
  • Related: $0
  • Other: $0
John Savage (Exec Board)
  • Compensation: $5,938
  • Related: $0
  • Other: $0
Monte Russell (Exec Board)
  • Compensation: $5,532
  • Related: $0
  • Other: $2,290
Mark Williams (Exec Board - Past)
  • Compensation: $2,589
  • Related: $0
  • Other: $0
Kevin Leehy (Exec Board)
  • Compensation: $1,579
  • Related: $0
  • Other: $0
Jerrel Cotton (Exec Board)
  • Compensation: $11,794
  • Related: $0
  • Other: $0
Jeremy Boatright (Exec Board - New)
  • Compensation: $246
  • Related: $0
  • Other: $0
Jamie Hatfield (Asst Business Manager)
  • Compensation: $160,411
  • Related: $0
  • Other: $58,454
Gregory Kerley (Business Rep)
  • Compensation: $152,638
  • Related: $0
  • Other: $55,935
Justin Wright (Business Rep)
  • Compensation: $153,514
  • Related: $0
  • Other: $56,154
Jason Woolard (Business Rep)
  • Compensation: $151,960
  • Related: $0
  • Other: $55,765
Michael Lustig (Business Rep)
  • Compensation: $150,463
  • Related: $0
  • Other: $55,391


Official website here: www.ibewlocal702.org

Where can I find the form 990 for International Brotherhood Of Electrical Workers Local 702?

International Brotherhood Of Electrical Workers Local 702's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ibewlocal702.org

Learn more at the official website: www.ibewlocal702.org

Mission Statement of International Brotherhood Of Electrical Workers Local 702

The International Brotherhood of Electrical Workers Local 702 is a labor union dedicated to serving its members by offering collective bargaining opportunities. This organization plays a crucial role in advocating for the rights and interests of its union members in the electrical work field. By providing collective bargaining, the union helps ensure fair wages, safe working conditions, and other benefits for its members. The mission of International Brotherhood of Electrical Workers Local 702 is centered around fostering a supportive and equitable environment for its members, allowing them to thrive in their professional endeavors.

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Impact




October, 2024

The International Brotherhood of Electrical Workers Local 702 significantly impacts its members and the broader community through its commitment to collective bargaining. By advocating for the rights and interests of union members, this labor union in West Frankfort, IL, helps ensure fair wages, benefits, and working conditions for electrical workers. Through collective action, it enables its members to negotiate better terms of employment, thereby enhancing job security and workforce stability.

Moreover, Local 702 plays a crucial role in professional development, providing training and apprenticeship opportunities that equip members with essential skills. This not only fosters individual career growth but also contributes to a more skilled and competent workforce in the electrical trade. Furthermore, the union's presence supports local economies by promoting workforce development and higher wage standards, ultimately benefiting the community as a whole.

In summary, the International Brotherhood of Electrical Workers Local 702 is instrumental in empowering electrical workers, improving their working conditions, and strengthening the local economy through collective efforts and dedicated advocacy.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local 702. 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
$7,616,050 (2023)
Expenses
$6,455,109 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $249,657
  • Program Service Revenue: $7,110,497
  • Gross Receipts: $7,787,912

Assets and Liabilities:

  • Total Assets: $13,154,762
  • Total Liabilities: $14,344
  • Net Assets: $13,140,418

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Programs

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

MEMBERSHIP DUES & ASSE

Revenue

$7,110,497

Organization Details

Founding Year

1911

Principal Officer

Steve Hughart

Main Address

106 NORTH MONROE, WEST FRANKFORT, IL, 62896

NTEE Category

Code: J40 - Employment

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