International Brotherhood Of Electrical Workers Local 347

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

EIN: 420328980 ✦ Ankeny, IA ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers Local 347?

The International Brotherhood of Electrical Workers Local 347 is a nonprofit organization located in Ankeny, Iowa, specifically at 6809 SE Bellagio CT, with a mission to support over 2,200 electricians within its jurisdiction. This organization provides various forms of assistance, including moral, economic, political, and social support. They achieve this through industry promotion, securing job opportunities, negotiating wages, managing grievances, and engaging in collective bargaining. Their ultimate goal is to ensure that each electrician under their care can work, live, participate, and retire with dignity and respect.


Official website here: www.ibewlu347.org

Is International Brotherhood Of Electrical Workers Local 347 legitimate?

International Brotherhood Of Electrical Workers Local 347 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers Local 347 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: $329,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,182

For more financial information, click here


Official website here: www.ibewlu347.org

What is the mission statement of International Brotherhood Of Electrical Workers Local 347?

The International Brotherhood of Electrical Workers Local 347 aims to organize all electricians within its jurisdiction, ensuring they can enjoy various benefits associated with IBEW membership. This includes moral, economic, political, and social advantages, allowing workers to live, participate, and retire with dignity and respect. The organization provides support through industry promotion, job placement, wage negotiations, handling grievance matters, and engaging in collective bargaining services.


Official website here: www.ibewlu347.org

What is the revenue of International Brotherhood Of Electrical Workers Local 347?

International Brotherhood Of Electrical Workers Local 347's revenue in 2024 was $5,521,595.


Official website here: www.ibewlu347.org

Who are the executives of International Brotherhood Of Electrical Workers Local 347 and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers Local 347 during 2024 was $18,488. There are 50 employees and 6 volunteers at International Brotherhood Of Electrical Workers Local 347.

Here are 11 key members and their salaries:


David Reid (Business Mgr)
  • Compensation: $127,689
  • Related: $0
  • Other: $45,563
Ben Duke (Executive Board)
  • Compensation: $86,202
  • Related: $0
  • Other: $32,980
Richard Chumbley (President)
  • Compensation: $11,405
  • Related: $0
  • Other: $4,453
Mike Jones (Executive Board)
  • Compensation: $4,886
  • Related: $0
  • Other: $1,978
Shannan Garza (Vice President)
  • Compensation: $4,211
  • Related: $0
  • Other: $1,095
Bronson Weese (Executive Board)
  • Compensation: $2,782
  • Related: $0
  • Other: $1,121
John Stahowick (Executive Board)
  • Compensation: $1,760
  • Related: $0
  • Other: $703
Nate Friesen (Executive Board)
  • Compensation: $1,556
  • Related: $0
  • Other: $617
Matt Deangelo (Secretary)
  • Compensation: $169
  • Related: $0
  • Other: $70
Stephen Coxe (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Overton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibewlu347.org

Where can I find the form 990 for International Brotherhood Of Electrical Workers Local 347?

International Brotherhood Of Electrical Workers Local 347's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ibewlu347.org

Learn more at the official website: www.ibewlu347.org

Mission Statement of International Brotherhood Of Electrical Workers Local 347

International Brotherhood of Electrical Workers Local 347's mission is centered around organizing all electricians within its jurisdiction. The primary objective is to ensure that each worker in the industry can benefit from the moral, economic, political, and social advantages that come with being a member of the IBEW. By doing so, the organization aims to provide every worker with the opportunity to live, work, participate, and eventually retire with dignity and respect. The Local 347 actively works towards achieving this mission by offering a range of support services. These include industry promotion, job placement, wage negotiations, handling grievance matters, and facilitating collective bargaining agreements. By providing these services, the International Brotherhood of Electrical Workers Local 347 seeks to enhance the well-being and working conditions of its members, thereby upholding its commitment to dignity and respect.

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Impact




October, 2024

The International Brotherhood Of Electrical Workers Local 347 has a significant impact on the lives of over 2,200 electricians within its jurisdiction in Ankeny, Iowa. By organizing these workers, the Local ensures they receive crucial moral, economic, political, and social support that enhances their working conditions and overall quality of life.

Through industry promotion, job placement assistance, wage negotiations, grievance resolution, and collective bargaining services, IBEW Local 347 empowers electricians to advocate for fair wages and safer working environments. This organization not only facilitates better economic opportunities but also fosters a sense of community and solidarity among its members.

Moreover, the Local's commitment to dignified work conditions enables electricians to participate actively in their communities and retire with respect and security. In advocating for the rights and well-being of its members, IBEW Local 347 plays a vital role in strengthening the electrical industry and creating a more equitable labor landscape.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local 347. 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
$5,521,595 (2024)
Expenses
$2,747,531 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $542,594
  • Program Service Revenue: $4,837,210
  • Gross Receipts: $5,937,262

Assets and Liabilities:

  • Total Assets: $9,238,271
  • Total Liabilities: $117,131
  • Net Assets: $9,121,140

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Programs

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

MEMBERSHIP DUES AND FEES

Revenue

$4,837,210

Organization Details

Founding Year

1952

Principal Officer

Richard Chumbley

NTEE Category

Code: J40 - Employment

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