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Electrical Workers (IBEW) Local 380
IBEW Local 380 represented electrical workers in Montgomery, Bucks, and Chester counties before a 2015 merger folded it into Philadelphia's Local 98, led by...
Electrical Workers (IBEW) Local 380
IBEW Local 380 represented electrical workers in Montgomery, Bucks, and Chester counties before a 2015 merger folded it into Philadelphia's Local 98, led by John Dougherty. The union's pension fund covered retirement benefits for inside wiremen and technicians across the northwestern Philadelphia suburbs. Kenneth MacDougall and David Schaaf served as the last Business Managers and Financial Secretaries of the independent local. The pension plan's investment strategy was directed by a board of trustees split evenly between union and NECA-appointed members, consistent with Taft-Hartley fund governance. The fund participated in long-only equities, fixed income, and real estate. Its property portfolio includes the union hall at 3900 Ridge Pike and a nearby apprenticeship training center at 4020 Cross Keys Road in Collegeville. In 2015, Local 380 ceased independent operations and was absorbed by IBEW Local 98, Philadelphia's powerful building-trades local under Dougherty's leadership. The consolidated fund now operates as Local 98 North. Philanthropic activity, historically run through 298, Inc., is integrated into the broader Local 98 structure. Exact AUM and current deployment numbers remain undisclosed. What distinguishes the former Local 380 is its position in a web of jointly administered pension assets that became a funding source for Dougherty's political and union-building operations, a structure subject to federal scrutiny in the years following the merger.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Collegeville
Corporate office
3900 Ridge Pike, Collegeville, PA 19426, United States
Frequently asked questions
Is IBEW Local 380 still an independent pension fund?
No. IBEW Local 380 was absorbed by Philadelphia-based IBEW Local 98 in 2015, at which point it lost independent fund status and was reorganized as Local 98 North. The merger was orchestrated by then-Business Manager John Dougherty. Assets and member benefits were folded into Local 98's larger consolidated trust.
How is the pension fund governed?
Like most IBEW-NECA pension funds, Local 380's plan was governed under the Taft-Hartley Act by a board of trustees evenly divided between union representatives and employer representatives from the National Electrical Contractors Association (NECA). Post-merger, governance sits with Local 98's board.
What real estate does the fund control?
The legacy fund holds the former IBEW Local 380 Union Hall and Office at 3900 Ridge Pike in Collegeville, Pennsylvania, along with an industrial training facility — the Joint Apprenticeship Training Center (JATC) — at 4020 Cross Keys Road in the same city. A groundwater system on the Collegeville property is also part of the asset base.
Who were the last operating leaders of Local 380?
Kenneth MacDougall and David Schaaf are identified as the last Business Managers and Financial Secretaries before the 2015 merger with Local 98. Post-consolidation, John Dougherty, as Business Manager of Local 98, became the principal figure over the combined entity.
Does the fund have a related philanthropic vehicle?
Yes. 298, Inc., a philanthropic organization associated with IBEW Local 380, was active during the independent local's operations. It functions as a registered foundation supporting community and labor-aligned causes in Southeastern Pennsylvania.
Is the fund known for any alternative asset or venture capital allocations?
Internal Altss research tags the former Local 380 strategy with venture capital, but no specific direct investments, fund commitments, or allocation percentages are publicly verifiable. Independent Taft-Hartley plans occasionally allocate to venture, but this fund's actual program size or activity remains undisclosed.
What is the relationship between Local 380 and John Dougherty?
John Dougherty, the longtime Business Manager of IBEW Local 98, pushed for and executed Local 380's absorption in 2015. The consolidation brought the suburban local's membership and pension assets under Local 98's control, making Dougherty the ultimate fiduciary leader of the combined fund.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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