Based in TROY, MI, IBEW LOCAL UNION 347 & NECA CHAPTER OF NECA BOARD OF TRUSTEES operates as a Public Charity. The organization reported $43.0M in revenue, $36.9M in expenses, $92.6M in total assets for fiscal year 2025.
THE PLAN AND TRUST WERE ESTABLISHED TO PROVIDE MEDICAL, DENTAL, SHORT-TERM DISABILITY BENEFITS, PRESCRIPTIONS, AND DEATH BENEFITS TO QUALIFIED PARTICIPANTS AND DEPENDENTS IN THE CENTRAL IOWA ELECTRICAL INDUSTRY. THE PLAN IS A COLLECTIVELY BARGAINED, MULTIEMPLOYER PLAN.
How IBEW Local Union 347 & Neca Chapter of Neca Board of Trustees divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $43.0M | $36.9M | $92.6M |
| 2024 | $43.3M | $36.2M | $89.9M |
| 2023 | $38.3M | $39.6M | $73.5M |
| 2022 | $36.1M | $30.9M | $60.6M |
| 2021 | $35.0M | $31.9M | $63.7M |
Between 2021 and 2025, reported annual revenue grew from $35.0M to $43.0M (+23%), with total assets most recently reported at $92.6M.
Interactive year-over-year charts and full filing details available with membership.
