International Brotherhood of Electrical Workers, National Headquarters
Basic Information
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 | $667,330,437 |
| Total Liabilities | $134,693,728 |
| Total Income | $1,415,546,854 |
| Total Spent | $1,417,465,079 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $40,047,184 (-5.3%) |
| Accounts Receivable | $11,493,796 (+3.4%) |
| Investments | $585,545,464 (-4.9%) |
| Fixed Assets | $13,394,133 (-4.9%) |
| Treasury Securities | $6,208,397 (-25.6%) |
| Other Assets | $10,240,963 (-19.8%) |
| Loans Receivable | $400,500 (-1.4%) |
Liabilities
| Loans Payable | $1,766,968 |
| Accounts Payable | $6,930,119 |
| Other Liabilities | $125,996,641 |
| Mortgages | $0 |
Income
| Dues | $0 |
| Per Person Tax | $153,844,240 |
| Investments | $132,588,883 |
| Supplies | $1,476,571 |
| Loan Repayment | $5,500 |
| Interest | $3,484,279 |
| Dividends | $3,655,693 |
| Rents | $356,393 |
| Fees and Fines | $2,624,265 |
| Loans Obtained | $1,854,700 |
| Other Receipts | $11,544,330 |
| Affiliates | $96,653,500 |
| Members | $1,007,458,500 |
| Reinvestments | $39,658,229 |
| All Others | $1,083,211 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$1,417,465,079
Spending Overview
Spending Breakdown
| Representational | $64,950,333 (4.58%) |
| Political Activities and Lobbying | $6,016,814 (0.42%) |
| Contributions, Gifts, and Grants | $3,762,695 (0.27%) |
| General Overhead | $8,882,386 (0.63%) |
| Union Administration | $36,456,947 (2.57%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $2,940,703 (0.21%) |
| To Union Employees | $41,019,506 (2.89%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
688,937
Income per Member
$2,055
Dues (per NONE)
NONE
Membership Trend
| Year | Members |
|---|---|
| 2002 | 722,095 |
| 2003 | 700,548 |
| 2004 | 682,605 |
| 2005 | 704,794 |
| 2006 | 699,053 |
| 2007 | 697,863 |
| 2008 | 708,638 |
| 2009 | 704,324 |
| 2010 | 685,498 |
| 2011 | 655,621 |
| 2012 | 660,599 |
| 2013 | 659,567 |
| 2014 | 658,812 |
| 2015 | 662,175 |
| 2016 | 666,602 |
| 2017 | 671,076 |
| 2018 | 672,551 |
| 2019 | 677,748 |
| 2020 | 683,287 |
| 2021 | 678,367 |
| 2022 | 688,937 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$146,066
Total Employees
485
Employees Making more than $75,000
417
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| LONNIE STEPHENSON | INTERNATIONAL PRESIDENT | $478,363 |
| KENNETH COOPER | INTL SECRETARY-TREASURER | $417,509 |
| DARRIN GOLDEN | CHIEF OF STAFF | $304,881 |
| MARK HAGER | INTL VICE PRESIDENT | $296,380 |
| DAVID RUHMKORFF | INTL VICE PRESIDENT | $293,001 |
| BRIAN THOMPSON | INTL VICE PRESIDENT | $288,462 |
| MICHAEL WELSH | INTL VICE PRESIDENT | $285,782 |
| BRENT HALL | INTL VICE PRESIDENT | $285,069 |
| STEVEN SPEER | INTL VICE PRESIDENT | $284,800 |
| BRIAN THREADGOLD | SR EXEC ASST TO IST | $283,077 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023