Local 309 Ibew Income Security Fund
Revenue
$3.4m
year to 31 December 2024
Expenses
$717k
year to 31 December 2024
Total assets
$14.8m
$73k liabilities
Net assets
$14.7m
assets less liabilities
Directors and trustees
6
6.3 years on average
Staff
119
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
6
reported in Part VI
Local 309 Ibew Income Security Fund's network
6 people8 organisationsi6 people and 8 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (15) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Billy Sebousek | Trustee | 2020 | 6 yrs |
| Chris Hankins | Trustee | 2020 | 6 yrs |
| Luke Glaeser | Trustee | 2023 | 3 yrs |
| Matthew Eichholz | Trustee | 2018 | 8 yrs |
| Michael Stuart | Trustee | 2018 | 8 yrs |
| Tom O'Hara | Trustee | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Carlos Perez | Trustee | 1 | $0 | ||
| Matthew Eichholz | Trustee | 1 | $0 | ||
| Luke Glaeser | Trustee | 1 | $0 | ||
| Tom O'hara | Trustee | 1 | $0 | ||
| Michael Stuart | Trustee | 1 | $0 | ||
| Billy Serbousek | Trustee | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Local 309 Ibew Income Security Fund
- EIN
- 371414717
- Address
- 2000a Mall St Ste A, Collinsville, IL, 62234-1831
- State
- Illinois
- Mission
- To provide supplemental unemployment benefits for eligible union members. (as filed on the Form 990)
- Activity (NTEE)
- Y43 Mutual and membership benefit
- IRS classification
- 501(c)09 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 8 (IRS master file code)
- Formed
- 2001
- Principal officer
- Carlos Perez (as named on the Form 990)
- IRS ruling date
- 1 January 2003
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
Most connected
Related organisations (Schedule R)
RelatedPROVIDES HEALTH AND WELFARE BENEFITSLocal 309 Electrical Health and Welfare FundRelatedPROVIDES VACATION BENEFITSIbew Local 309 Vacation Fund
Longest observed on the filings
≥8years on the filingsMatthew Eichholz
≥8years on the filingsMichael Stuart
≥6years on the filingsBilly Sebousek
≥6years on the filingsChris Hankins
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $14.8m
- Total liabilities
- $73k
- Net assets or fund balances
- $14.7m
- Contributions and grants received
- $0
- Program service revenue
- $1.1m
- Employees
- 119