IBEW Local Union 424

Name

IBEW Local Union 424

Legal name

International Brotherhood of Electrical Workers Local Union 424

Website

https://ibew424.net

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Labor Union Services

NAICS

Professional Organizations (81392), Apprenticeship Training (611513), Technical and Trade Schools (6115)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Electrical Power Systems & Utility Linework (Transmission/Distribution) (EDAOABAC)

Keywords

• Electrical trade union
• Collective bargaining services
• Apprenticeship training programs
• Hiring hall dispatch
• Multi-employer benefit plans

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Member Dues: IBEW 424 is funded through member union dues. Dues cover rent, supplies, equipment, salaries for full-time representatives and staff, affiliation fees to Alberta Federation of Labour and Alberta Building Trades Council, printing, postage, education materials, Labour Board and arbitration expenses, legal expenses, organizing and negotiation expenses, and training seminars.
2. Contractor Contributions: Signatory contractors pay into jointly administered Health & Welfare and Pension plans. These benefit contributions are administered by Local 424 for employee healthcare, pension, and RRSP benefits.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

IBEW Local Union 424 is a chartered local of the International Brotherhood of Electrical Workers that represents electrical workers across Alberta, Canada. It operates a hiring hall (JobLine) to dispatch qualified electricians to signatory contractors, negotiates collective bargaining agreements covering wages and working conditions, delivers apprenticeship and continuing education training through its affiliated training centres (EITCA), and administers multi-employer Health & Welfare, Pension, and Retirement Savings benefit plans through the Employee Benefit Funds Administration (EBFA).

Product overview

IBEW Local Union 424 operates as a labor union for electrical workers in Alberta, Canada, providing a suite of member services through interconnected digital platforms. The organization operates three primary service branches: the core IBEW Local 424 website for union operations including job dispatch and member communications; the Employee Benefit Funds Administration (EBFA) platform for administering Health & Welfare benefits and Pension plans; and the Electrical Industry Training Centres of Alberta (EITCA) for workforce development and apprenticeship training. Related services include the JobLine for employment placement, a Member Dividend Program for commercial discounts, and member portal access. The organization is an initiative of IBEW Local 424 and the Electrical Contractors Association of Alberta (ECAA), with training funded by the Electrical Industry Education Trust Fund of Alberta.

Differentiator

Problem solved

Functional benefit

Products and services

• Employee Benefit Funds Administration (EBFA) EBFA administers the multi-employer Health & Welfare Plan, Pension Plan, and Retirement Savings Plan for members of IBEW Local Union 424, providing health, dental, disability, life insurance, and retirement benefits funded by signatory contractor contributions.
• Electrical Industry Training Centres of Alberta (EITCA) EITCA is the apprenticeship and continuing education training affiliate of IBEW Local 424, delivering trade and safety curriculum to Inside Wireman, Limited Energy, and Communication Technician apprentices and journeymen across training centres in Alberta.
• JobLine (Hiring Hall) JobLine is IBEW Local 424's hiring hall / job dispatch service that matches qualified union electricians and apprentices with signatory electrical contractors requiring labor on construction and maintenance projects.
• Member Dividend Program The Member Dividend Program is a patronage-style payout distributed to qualifying IBEW Local 424 members as part of the local's member benefit offerings.

Quantifiable outcome

• Unionized establishments show 16% higher productivity than non-organized employees
• +2 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Electrical Contractors Association of Alberta (ECAA)coreStrategic or Co-development PartnerECAA is a co-founder of the Electrical Industry Training Centres of Alberta (EITCA). Together with IBEW Local 424, they jointly administer Health & Welfare and Pension plans. The organizations negotiate collective bargaining agreements together and ECAA offers member contractors discounts on liability insurance and bonding.
• Building Trades of Alberta (BTA)coreStrategic or Co-development PartnerBTA represents Alberta's Building Trades unions and works to secure more work for union tradespeople on major industrial sites. IBEW Local 424 is an affiliate working with BTA on workforce development, policy advocacy, and strategic planning including the Strategic Action Plan for increasing market share.
• Blooms By MayminorGTM or Marketing PartnerMember Dividend Program partner offering 10% discount to IBEW 424 members and immediate families at their Edmonton floral shop.
• Bobcat of Edmonton/Calgary/Red Deer/Fort McMurrayminorGTM or Marketing PartnerMember Dividend Program partner offering 15% off all equipment rentals and priority service at four Alberta locations.
• City of EdmontonminorGTM or Marketing PartnerMember Dividend Program partner offering 15% off multi-admission recreation facility passes and 20% off annual passes at City of Edmonton facilities.
• Crystal GlassminorGTM or Marketing PartnerMember Dividend Program partner offering 20% off flat glass and VIP pricing on auto glass at all Western Canada locations.
• Hughes Car WashesminorGTM or Marketing PartnerMember Dividend Program partner offering 3 cents off per litre at all Hughes locations. Discount cards available at IBEW 424 offices.
• JobSite WorkwearminorGTM or Marketing PartnerMember Dividend Program partner offering 10% discount at six Alberta locations for work boot accessories with VIP card.
• Work AuthorityminorGTM or Marketing PartnerMember Dividend Program partner offering discounts on Safety Footwear, Workwear/Apparel, and PPE at Calgary, Edmonton, and Fort McMurray locations with VIP card.
• Service Plus Inns and SuitesminorGTM or Marketing PartnerMember Dividend Program partner offering corporate rates on all rooms at their hotel locations.
• Garth Realty GroupminorGTM or Marketing PartnerMember Dividend Program partner offering 25% discount on real estate listing services in Edmonton and surrounding area.
• Fitzgerald's RestaurantminorGTM or Marketing PartnerMember Dividend Program partner offering 20% off food at their Edmonton location.
• DMA Garage DoorsminorGTM or Marketing PartnerMember Dividend Program partner offering 10% discount on repairs and installation services in Edmonton.
• Union Hall EdmontonminorGTM or Marketing PartnerMember Dividend Program partner offering priority entry and no cover charge for members and guests at their Edmonton venue.
• NIJI BIKES/NIJI CampersminorGTM or Marketing PartnerMember Dividend Program partner offering 10% off bikes, e-bikes, campers, truck toppers, and outfitters at Edmonton and Calgary stores.
• Padgett Business ServicesminorGTM or Marketing PartnerMember Dividend Program partner offering bookkeeping, accounting, tax, and payroll services at discount for members in Sherwood Park.
• CAC Metal RecyclingminorGTM or Marketing PartnerMember Dividend Program partner offering $0.10/lb extra credit for recycling copper, brass, and aluminum plus free bin service at their Acheson location.
• Jordan St. Pierre - Mortgage ArchitectsminorGTM or Marketing PartnerMember Dividend Program partner offering preferred mortgage rates to members in Edmonton area.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• International Brotherhood of Boilermakers: The Boilermakers union organizes industrial construction and maintenance workers in Alberta's oil sands and heavy industrial sites that overlap with IBEW 424's contractor base. It represents a comparable trade-union model operating in similar industrial end markets.
• Merit Contractors Association: Merit Contractors Association is the leading open-shop (non-union) contractor association in Alberta. It competes directly with IBEW 424's signatory contractors for market share and represents the principal non-union alternative for both workers and contractors in the province.
• United Association of Plumbers, Pipefitters and Service Techs: The United Association organizes pipefitters and plumbers in Alberta's industrial construction sector under a similar union hiring hall and apprenticeship training model. It overlaps with IBEW 424 on industrial contractor relationships and worksite dispatch.

Direct peers

• IBEW Local 47: IBEW Local 47 in Southern California is a large U.S. counterpart with comparable jurisdiction across construction, utility, and telecom electricians. It offers a useful comparison point for scale, training center economics, and benefit plan design.
• IBEW Local 213: IBEW Local 213 in Vancouver, BC is a sister Canadian local of the same International Brotherhood. It operates an identical hiring hall, training, and collective bargaining model for electricians in British Columbia, making it the most directly comparable peer.
• IBEW Local 586: IBEW Local 586 in Ottawa represents Ontario electricians under the same IBEW charter and operating model. It provides an apples-to-apples comparison for dues structures, training center operations, and benefit fund administration.
• Christian Labour Association of Canada (CLAC): CLAC is an alternative union model that has actively signed electrical contractors in Alberta, competing directly with IBEW 424 for the same electrician labor pool. It represents the primary non-IBEW union competition in the province.

Emerging players

• International Union of Operating Engineers (IUOE) Local 955: IUOE Local 955 represents heavy equipment operators and trades workers across Alberta's construction and oil sands sectors. It uses a comparable collective bargaining and apprenticeship model and competes for member loyalty within the same industrial contractor ecosystem.
• Canadian Union of Skilled Workers (CUSW): CUSW organizes skilled construction trades workers in Canada and has competed with IBEW for electrical worker representation in select provinces. It overlaps on target members and contractor relationships but has smaller scale.

Regional players

• Alberta Building Trades Council: The Alberta Building Trades Council is the umbrella federation of which IBEW 424 is an affiliate member. It represents all affiliated construction trade unions in Alberta and pursues shared market share and policy advocacy, making it a structural peer at the federation level.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ibewlu424
• YouTubeyoutube.com/user/IBEW424IT
• Facebookfacebook.com/Local424
• LinkedInlinkedin.com/company/international-brotherhood-of-electrical-workers-local-union-424

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IBEW Local Union 424