Overview
What is Ibew Local Union 716?
Ibew Local Union 716 is a nonprofit organization situated in Houston, Texas, with a focus on promoting the well-being of organized electrical workers in the area. They strive to establish reasonable working methods by interacting with and mediating between members and contractors to resolve complaints. By advocating for high union standards, they aim to foster positive relationships with contractors and non-members. The union provides targeted job incentives to contractors, encouraging the hiring of members, and works towards enhancing the living standards of its members by negotiating salary and benefit rights in a timely and organized manner. Their mission encompasses organizing all workers in the electrical industry, cultivating camaraderie, settling disputes through arbitration if possible, and assisting each other in times of need, among other goals. With a total of 38 employees, Ibew Local Union 716 is committed to elevating the moral, intellectual, and social conditions of its members and their families.
Official website here: www.ibew716.net
Is Ibew Local Union 716 legitimate?
Ibew Local Union 716 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local Union 716 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: $322,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,228,939
For more financial information, click here
Official website here: www.ibew716.net
What is the mission statement of Ibew Local Union 716?
Ibew Local Union 716's mission is centered around promoting fair work methods, securing decent employment, and ensuring appropriate compensation for its members. The union's primary objective is to organize workers in the entire electrical industry across the United States and Canada, including those in public utilities and manufacturing. It aims to foster camaraderie among its members, settle disputes between employers and employees through arbitration if possible, and provide assistance in times of sickness or distress. The union also strives to secure employment, reduce working hours, and enhance wages, aiming for a higher standard of living. Furthermore, Ibew Local Union 716 seeks to ensure the security of individual members and works towards improving their moral, intellectual, and social conditions, thereby contributing to a higher standard of citizenship.
Official website here: www.ibew716.net
What is the revenue of Ibew Local Union 716?
Ibew Local Union 716's revenue in 2024 was $8,205,782.
Official website here: www.ibew716.net
Who are the executives of Ibew Local Union 716 and what are their salaries?
The average compensation at Ibew Local Union 716 during 2024 was $33,018. There are 47 employees at Ibew Local Union 716.
Here are 17 key members and their salaries:
- Compensation: $93,594
- Related: $0
- Other: $0
- Compensation: $552
- Related: $0
- Other: $0
- Compensation: $4,439
- Related: $0
- Other: $0
- Compensation: $552
- Related: $0
- Other: $0
- Compensation: $276
- Related: $0
- Other: $0
- Compensation: $1,188
- Related: $0
- Other: $0
- Compensation: $113,346
- Related: $0
- Other: $0
- Compensation: $93,594
- Related: $0
- Other: $0
- Compensation: $715
- Related: $0
- Other: $0
- Compensation: $5,079
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,407
- Related: $0
- Other: $0
- Compensation: $3,966
- Related: $0
- Other: $0
- Compensation: $3,212
- Related: $0
- Other: $0
Official website here: www.ibew716.net
Where can I find the form 990 for Ibew Local Union 716?
Ibew Local Union 716's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ibew716.net
Learn more at the official website: www.ibew716.net
Mission Statement of Ibew Local Union 716
IBEW Local Union 716, a prominent organization within the electrical industry, is dedicated to promoting reasonable working methods, securing reasonable employment, and ensuring adequate pay for its members. Their mission extends beyond this, as they strive to organize all workers in the electrical sector, including those in public utilities and manufacturing, into local unions. The union aims to cultivate a sense of camaraderie among its members and settle disputes between employers and employees through arbitration, whenever possible. In times of sickness or distress, IBEW Local Union 716 provides assistance to its members. Additionally, the union works towards securing employment, reducing daily labor hours, and securing fair pay for its members' work. IBEW Local Union 716 actively seeks to elevate its members' living standards and enhance their social conditions, ultimately contributing to a higher standard of citizenship.
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Impact
October, 2024
IBEW Local Union 716 positively impacts the Houston area by advocating for organized electrical workers, ensuring they have reasonable methods of work, secure employment, and adequate pay. The union acts as a mediator between its members and contractors, working to resolve complaints about work standards and promoting high-quality workmanship. By engaging with contractors and non-members, IBEW Local 716 enhances the overall standards within the industry.
Furthermore, the union incentivizes contractors to hire its members, fostering local employment opportunities. Benefit negotiation is also a crucial aspect of their work, as they strive to improve members’ salaries and benefits through organized efforts. This commitment contributes to a higher standard of living for members, promoting economic stability and security.
IBEW Local Union 716's dedication to organizing workers in the electrical industry extends beyond immediate job concerns; it cultivates a sense of community and support among its members. The union’s activities not only uplift individual workers but also enhance the collective bargaining power of the electrical labor force in Houston and surrounding areas. Through these efforts, IBEW Local 716 plays a vital role in improving the moral, intellectual, and social conditions of its members and their families.
This information is meant to be a general summary of Ibew Local Union 716. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $44,316
- Program Service Revenue: $8,095,627
- Gross Receipts: $8,205,782
Assets and Liabilities:
- Total Assets: $4,176,240
- Total Liabilities: $0
- Net Assets: $4,176,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNION MEMBERSHIP DUES
Revenue
$8,058,499
DEATH BENEFIT FUND
Revenue
$33,520
SICK AND ACCIDENT FUND
Revenue
$3,338
DUES BENEFIT FUND
Revenue
$270
Organization Details
Founding Year
1912
Principal Officer
Mark Landrum
Website
www.ibew716.netNTEE Category
Code: J40 - Employment
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