International Brotherhood Of Electrical Workers Local 557

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

EIN: 381420074 ✦ Saginaw, MI ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers Local 557?

International Brotherhood of Electrical Workers Local 557 is a nonprofit organization situated in Saginaw, Michigan. Its primary mission is to assist union members in securing employment opportunities by providing employment placement programs. This local union actively works towards locating suitable jobs for its members, thereby contributing to their livelihood and professional growth.


Official website here: www.ibew557.org

Is International Brotherhood Of Electrical Workers Local 557 legitimate?

International Brotherhood Of Electrical Workers Local 557 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers Local 557 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: $197,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,859

For more financial information, click here


Official website here: www.ibew557.org

What is the mission statement of International Brotherhood Of Electrical Workers Local 557?

The International Brotherhood of Electrical Workers Local 557's mission is centered around finding employment opportunities for its union members. They achieve this through various placement programs, acting as an intermediary to help union members secure work. This mission is carried out to support the union members and strengthen their professional prospects.


Official website here: www.ibew557.org

What is the revenue of International Brotherhood Of Electrical Workers Local 557?

International Brotherhood Of Electrical Workers Local 557's revenue in 2023 was $549,103.


Official website here: www.ibew557.org

Who are the executives of International Brotherhood Of Electrical Workers Local 557 and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers Local 557 during 2023 was $12,107. There are 21 employees at International Brotherhood Of Electrical Workers Local 557.

Here are 13 key members and their salaries:


Evan H Allardyce (Business Manager)
  • Compensation: $114,120
  • Related: $0
  • Other: $64,274
Christopher R Scharich (President)
  • Compensation: $2,162
  • Related: $0
  • Other: $1,505
Robert Reinelt (Apprenticeship Board)
  • Compensation: $1,162
  • Related: $0
  • Other: $806
Robert P Dupuis (Treasurer)
  • Compensation: $984
  • Related: $0
  • Other: $683
Colby A Hare (Executive Board)
  • Compensation: $950
  • Related: $0
  • Other: $660
Joshua Iles (Recording Secretary)
  • Compensation: $948
  • Related: $0
  • Other: $658
Russell D Combs (Vice President)
  • Compensation: $912
  • Related: $0
  • Other: $634
Jon Lazzaro (Executive Board)
  • Compensation: $876
  • Related: $0
  • Other: $609
David Kwiatkowski (Examining Board)
  • Compensation: $732
  • Related: $0
  • Other: $509
Benjamin H Small (Executive Board)
  • Compensation: $732
  • Related: $0
  • Other: $509
Daniel J Christensen (Executive Board)
  • Compensation: $656
  • Related: $0
  • Other: $455
Richard Mahoney (Executive Board)
  • Compensation: $586
  • Related: $0
  • Other: $408
Dewey D Weiss (Executive Board)
  • Compensation: $510
  • Related: $0
  • Other: $354


Official website here: www.ibew557.org

Where can I find the form 990 for International Brotherhood Of Electrical Workers Local 557?

International Brotherhood Of Electrical Workers Local 557's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ibew557.org

Learn more at the official website: www.ibew557.org

Mission Statement of International Brotherhood Of Electrical Workers Local 557

The International Brotherhood of Electrical Workers Local 557 is dedicated to proactively finding employment opportunities for its union members. This local union operates with a mission to facilitate employment placement programs in Saginaw, MI, ensuring that its members have access to viable work options. By leveraging its resources and connections, the International Brotherhood of Electrical Workers Local 557 plays a pivotal role in supporting its union members by helping them secure employment, thereby enhancing their livelihoods and overall well-being.

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Impact




October, 2024

International Brotherhood of Electrical Workers Local 557 significantly impacts the workforce in Saginaw, MI, by facilitating employment opportunities for its union members. Through dedicated employment placement programs, Local 557 actively locates work, ensuring that skilled electricians can find jobs that match their qualifications and expertise. This support not only empowers individual members but also strengthens the local economy by promoting skilled labor in the area. The union’s efforts contribute to a more stable workforce and help maintain high standards of work within the electrical industry.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local 557. 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
$549,103 (2023)
Expenses
$586,388 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $13,815
  • Program Service Revenue: $507,985
  • Gross Receipts: $549,103

Assets and Liabilities:

  • Total Assets: $942,810
  • Total Liabilities: $22,194
  • Net Assets: $920,616

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Programs

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

Working Dues

Revenue

$390,004

International Dues

Revenue

$102,654

Local Dues & Initiation

Revenue

$15,327

Organization Details

Founding Year

1929

Principal Officer

Christopher R Scharich

NTEE Category

Code: J40 - Employment

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