International Brotherhood Of Electr Workers Local 242

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

EIN: 411271846 ✦ Duluth, MN ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electr Workers Local 242?

The International Brotherhood of Electr Workers Local 242 is a labor union based in Duluth, Minnesota, specifically at 2002 London Road 111. With a team of eight dedicated individuals, this union serves its members in the area by playing a crucial role in contract negotiations and ensuring favorable working conditions. Their mission is primarily focused on representing the interests of their members, working diligently to safeguard their rights and secure favorable terms in employment agreements.

Is International Brotherhood Of Electr Workers Local 242 legitimate?

International Brotherhood Of Electr Workers Local 242 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electr Workers Local 242 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: $444,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,469

For more financial information, click here

What is the mission statement of International Brotherhood Of Electr Workers Local 242?

The International Brotherhood of Electrical Workers Local 242, serving as a labor union, is dedicated to representing its members in contract negotiations. Their primary mission involves advocating for the best interests of their members, ensuring fair agreements and favorable working conditions. By providing services in contract negotiations, this union aims to safeguard the rights and welfare of its members, thereby contributing to a harmonious working environment.

Who is the CEO of International Brotherhood Of Electr Workers Local 242?

Kyle Bukovich is the Board of International Brotherhood Of Electr Workers Local 242.

What is the revenue of International Brotherhood Of Electr Workers Local 242?

International Brotherhood Of Electr Workers Local 242's revenue in 2022 was $2,469,714.

Who are the executives of International Brotherhood Of Electr Workers Local 242 and what are their salaries?

The average compensation at International Brotherhood Of Electr Workers Local 242 during 2022 was $64,345. There are 8 employees at International Brotherhood Of Electr Workers Local 242.


Here are 11 key members and their salaries:


Donald Smith (Board)
  • Compensation: $154,780
  • Related: $0
  • Other: $20,000
Kyle Bukovich (President)
  • Compensation: $154,236
  • Related: $0
  • Other: $20,000
Matt Preble (Board)
  • Compensation: $117,506
  • Related: $0
  • Other: $20,000
Jim Petrich (Board)
  • Compensation: $16,869
  • Related: $0
  • Other: $0
Kyle Skarp (Treasurer)
  • Compensation: $900
  • Related: $0
  • Other: $0
Neil Graupman (Secretary)
  • Compensation: $675
  • Related: $0
  • Other: $0
Todd Anderson (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Detray (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Johnson (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Weston Morris (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Peterson (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Brotherhood Of Electr Workers Local 242?

International Brotherhood Of Electr Workers Local 242's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Brotherhood Of Electr Workers Local 242

The International Brotherhood of Electrical Workers Local 242, as a labor union, is committed to representing its members in contract negotiations. This mission is fundamental to ensuring fair working conditions and wages for its members in various fields. By acting as a mediator between employers and employees, the union strives to protect the rights and interests of its members, thereby enhancing their overall work experience and quality of life. The union's role is instrumental in fostering a harmonious working environment, where both employers and employees benefit from a mutually beneficial agreement.

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Impact




October, 2024

The International Brotherhood of Electrical Workers Local 242 plays a vital role in advocating for workers' rights and improving working conditions for its members in the Duluth area. By representing members in contract negotiations, the union ensures that workers receive fair wages, benefits, and safe working environments. This not only strengthens the economic stability of individuals and families but also helps to elevate standards in the electrical industry throughout the region. Local 242 fosters solidarity among workers, empowering them to collectively address challenges and negotiate effectively with employers, ultimately contributing to a more equitable labor landscape.




This information is meant to be a general summary of International Brotherhood Of Electr Workers Local 242. 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
$2,469,714 (2022)
Expenses
$1,376,800 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72,012
  • Program Service Revenue: $2,397,702
  • Gross Receipts: $2,469,714

Assets and Liabilities:

  • Total Assets: $4,245,877
  • Total Liabilities: $10,792
  • Net Assets: $4,235,085

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Programs

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

MEMBERSHIP DUES

Revenue

$2,397,702

Organization Details

Founding Year

1970

Principal Officer

Kyle Bukovich

Main Address

2002 LONDON RD 111, DULUTH, MN, 55812

NTEE Category

Code: J40 - Employment

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