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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit IBEW Local 481 Supplemental Unemployment Benefit Plan

IBEW Local 481 Supplemental Unemployment Benefit Plan

Fiscal year ending 2024. Filed on September 2, 2025.

1828 N Meridian Street 103
Indianapolis, Indiana 46202

IBEW Local 481 Supplemental Unemployment Benefit Plan (EIN: 47-4203459) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, IBEW Local 481 Supplemental Unemployment Benefit Plan, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 4 employees. Among the employees shown here, the average compensation is $206,277. The highest compensated employee at IBEW Local 481 Supplemental Unemployment Benefit Plan is David Ray with fiscal year 2024 compensation of $234,438.

Revenue, expenses, and employee compensation

Revenue

$2,309,817

Expenses

$1,338,668

Employee compensation

$148,455
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Ray
Plan Administrator
$234,438
$0 $155,400 $79,038
Whitney King
Assistant PLAN Administrat
$206,920
$0 $130,219 $76,701
Jeff Wheeler
Trustee
$196,052
$0 $123,616 $72,436
Jason Burcham
Alternate Trustee
$187,698
$0 $117,300 $70,398

Benchmark Employee Compensation

Non-Employee Board Members

Chad Ison
Trustee
$9,039
$0 $6,165 $2,874
Ryan Ballou
Trustee
$8,034
$0 $5,071 $2,963
Kevin Schrader
Trustee
No compensation reported
Mike Estep
Trustee - New/Past
No compensation reported
Andrew Williams
Former Trustee
No compensation reported
Larry van Tries
Alternate Trustee
No compensation reported
Adam Rude
Trustee
No compensation reported
Brian Miller
Trustee
No compensation reported

Mission Statement

PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS

Revisions to this organization profile

September 2, 2025:
2024 IBEW Local 481 Supplemental Unemployment Benefit Plan 990 filed
August 28, 2024:
2023 IBEW Local 481 Supplemental Unemployment Benefit Plan 990 filed
August 7, 2023:
2022 IBEW Local 481 Supplemental Unemployment Benefit Plan 990 filed

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