How Much Did IBEW Local 910 Raise?
Funding & Key Investors

IBEW Local 910 has successfully secured a significant capital injection, bringing its total financial backing to $94K. This latest infusion of $94K represents a pivotal moment for the organization, providing the necessary resources to bolster its operational capacity across Northern New York. By leveraging this substantial expansion capital, the union is positioned to enhance its service delivery and strengthen its commitment to the regional electrical infrastructure sector.

What is IBEW Local 910?

IBEW Local 910
OrganizationsMembership Organizations

IBEW Local 910 serves as a critical labor organization representing approximately 500 skilled electricians across Jefferson, St. Lawrence, Essex, Lewis, Clinton, and Franklin counties. Operating as a cornerstone of the regional construction industry, the union provides high-caliber labor to nearly 40 contractors. Their service portfolio spans residential, commercial, industrial, and agricultural electrical projects, underpinned by a rigorous apprenticeship program that ensures a continuous pipeline of qualified talent. Beyond labor supply, the organization acts as a fiduciary manager for health, welfare, pension, and annuity benefits, ensuring long-term financial stability for its membership base.

How much funding has IBEW Local 910 raised?

IBEW Local 910 has raised a total of $94K across 1 funding round:

2021

Debt

$94K

Debt (2021): $94K with participation from PPP

Key Investors in IBEW Local 910

PPP

Public-Private Partnership

What's next for IBEW Local 910?

With the recent influx of capital, IBEW Local 910 is expected to prioritize the modernization of its training facilities and the expansion of its apprenticeship initiatives. As the demand for specialized electrical services grows in Northern New York, the union will likely focus on scaling its workforce to meet the requirements of large-scale industrial and commercial projects. This strategic growth phase will involve optimizing benefit management systems and deepening partnerships with regional contractors to maintain a competitive edge in the labor market. The organization remains focused on long-term sustainability, ensuring that its members are equipped with the latest technical skills to navigate the evolving energy landscape.

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Frequently Asked Questions Regarding IBEW Local 910 Financial Insights

What are the most recent funding rounds that IBEW Local 910 has completed, and what were the funding rounds?
IBEW Local 910 has recently completed 1 funding rounds: Debt on Mar 23, 2021.
What is the total amount of funding IBEW Local 910 has raised to date?
IBEW Local 910 has raised a total of $94K in funding to date.
How many funding rounds has IBEW Local 910 completed?
IBEW Local 910 has completed 1 funding rounds.
How much funding did IBEW Local 910 raise in its most recent funding round?
IBEW Local 910 raised $94K in its most recent funding round.
Who are the lead investors in IBEW Local 910's latest funding round?
The lead investor in IBEW Local 910's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in IBEW Local 910's history?
The largest funding round in IBEW Local 910's history was $94K.
See more information about IBEW Local 910