International Brotherhood of Electrical Workers, Local 81 - General Fund
Basic Information
Local 81
(GENERAL FUND)
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 | $3,137,040 |
| Total Liabilities | $12,749 |
| Total Income | $1,375,346 |
| Total Spent | $1,193,735 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,819,386 (+6.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $239,523 (-2.1%) |
| Fixed Assets | $41,536 (-2.1%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $36,595 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $12,749 |
| Mortgages | $0 |
Income
| Dues | $1,304,201 |
| Per Person Tax | $0 |
| Investments | $45,483 |
| Supplies | $0 |
| Loan Repayment | $12,198 |
| Interest | $13,111 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $353 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $600 |
| All Others | $0 |
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
$1,193,735
Spending Overview
Spending Breakdown
| Representational | $200,148 (16.77%) |
| Political Activities and Lobbying | $16,389 (1.37%) |
| Contributions, Gifts, and Grants | $21,008 (1.76%) |
| General Overhead | $61,061 (5.12%) |
| Union Administration | $226,947 (19.01%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $188,350 (15.78%) |
| To Union Employees | $53,093 (4.45%) |
| 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
529
Income per Member
$2,600
Dues (per QUARTER/QUARTER/MONT)
$122.10/$119.10/$32.50
Membership Trend
| Year | Members |
|---|---|
| 2002 | 505 |
| 2003 | 544 |
| 2004 | 541 |
| 2005 | 524 |
| 2006 | 492 |
| 2007 | 505 |
| 2008 | 509 |
| 2009 | 517 |
| 2010 | 513 |
| 2011 | 499 |
| 2012 | 507 |
| 2013 | 492 |
| 2014 | 515 |
| 2015 | 520 |
| 2016 | 507 |
| 2017 | 519 |
| 2018 | 538 |
| 2019 | 536 |
| 2020 | 511 |
| 2021 | 529 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$56,593
Total Employees
7
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL MCDERMOTT | BUSINESS MANAGER | $125,052 |
| EDWARD O'DONNELL | PRESIDENT | $92,358 |
| NICHOLAS WAITULAVICH | BUSINESS/MEMBERSHIP DEVEL | $91,938 |
| BEVERLY SHAUGHNESSY | SECRETARY | $60,622 |
| LINDA HAYNOS | SECRETARY | $19,342 |
| PATRICK HARDING | TREASURER | $6,000 |
| RANDOLPH GREENIP | RECORDING SECRETARY | $840 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023