International Brotherhood of Electrical Workers, Local 307
Basic Information
Local 307
Financial Information
The Labor-Management Reporting and Disclosure Act (LMRDA), which is enforced by the Office of Labor-Management Standards, requires labor unions to file annual reports detailing their operations. Contained in those reports are breakdowns of each union's spending, income and other financial information.
Basic Financials
| Total Assets | $1,976,343 |
| Total Liabilities | $42,199 |
| Total Income | $948,129 |
| Total Spent | $1,030,909 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $596,003 (-12.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,042,136 (+53.3%) |
| Fixed Assets | $338,204 (+53.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $719,669 |
| Per Person Tax | $163,316 |
| Investments | $0 |
| Supplies | $5,144 |
| Loan Repayment | $0 |
| Interest | $1,967 |
| Dividends | $22,164 |
| Rents | $30,900 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $4,969 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $40,004 |
| All Others | $4,969 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Spending
The Office of Labor-Management Standards (OLMS) requires unions to report how they spent their money in a number of categories. For the first five, OLMS requires unions to provide detailed information on any recipient that received more than $5,000 per year.
Total Spent in 2021
$1,030,909
Spending Overview
Spending Breakdown
| Representational | $129,932 (12.60%) |
| Political Activities and Lobbying | $2,735 (0.27%) |
| Contributions, Gifts, and Grants | $7,586 (0.74%) |
| General Overhead | $171,545 (16.64%) |
| Union Administration | $51,741 (5.02%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $140,285 (13.61%) |
| To Union Employees | $45,419 (4.41%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
345
Income per Member
$2,748
Dues (per month)
$44
Membership Trend
| Year | Members |
|---|---|
| 2002 | 387 |
| 2003 | 405 |
| 2004 | 385 |
| 2005 | 380 |
| 2006 | 348 |
| 2007 | 382 |
| 2008 | 387 |
| 2009 | 375 |
| 2010 | 389 |
| 2011 | 356 |
| 2012 | 331 |
| 2013 | 310 |
| 2014 | 304 |
| 2015 | 299 |
| 2016 | 294 |
| 2017 | 319 |
| 2018 | 326 |
| 2019 | 341 |
| 2020 | 345 |
| 2021 | 345 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$13,852
Total Employees
19
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RODNEY RICE | BUSINESS MANAGER | $97,564 |
| DANIEL TEDRICK | TREASURER/ORGANIZER | $78,439 |
| LISA HAINES-FIELDS | OFFICE MANAGER | $62,130 |
| LORRAINE SHANHOLTZER | SECRETARY | $18,313 |
| GEORGE KOONTZ | PRESIDENT | $3,233 |
| DAVID RITTER | RECORDING SECRETARY | $1,309 |
| JASON BROWNING | EXECUTIVE BOARD | $1,190 |
| SUZANNE HESS | CITY LIGHT-UNIT SECRETARY | $360 |
| LANCE NIGH | CITY LIGHT-UNIT CHAIRMAN | $360 |
| BRANDON WRIGHT | EXAMINING BOARD` | $282 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023