International Brotherhood of Electrical Workers, Local 26
Basic Information
Local 26
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 | $48,226,289 |
Total Liabilities | $251,812 |
Total Income | $19,763,958 |
Total Spent | $18,989,239 |
Total Assets Trend
Assets (Change from previous report)
Cash | $4,250,124 (+22.3%) |
Accounts Receivable | $1,662,015 (+59.5%) |
Investments | $25,935,242 (+18.0%) |
Fixed Assets | $11,951,082 (+18.0%) |
Treasury Securities | $4,140,800 (-6.8%) |
Other Assets | $287,026 (+90.5%) |
Loans Receivable | $0 (0.0%) |
Income
Dues | $16,963,264 |
Per Person Tax | $0 |
Investments | $308,609 |
Supplies | $0 |
Loan Repayment | $0 |
Interest | $346,243 |
Dividends | $467,471 |
Rents | $0 |
Fees and Fines | $1,280,980 |
Loans Obtained | $0 |
Other Receipts | $397,391 |
Affiliates | $0 |
Members | $0 |
Reinvestments | $15,972,058 |
All Others | $161,398 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$18,989,239
Spending Overview
Spending Breakdown
Representational | $1,678,787 (8.84%) |
Political Activities and Lobbying | $146,633 (0.77%) |
Contributions, Gifts, and Grants | $329,267 (1.73%) |
General Overhead | $5,964,913 (31.41%) |
Union Administration | $464,258 (2.44%) |
Strike Benefits | $0 (0.00%) |
To Union Officers | $1,355,437 (7.14%) |
To Union Employees | $1,950,277 (10.27%) |
Education | $0 (0.00%) |
Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
9,360
Income per Member
$2,112
Dues (per QTR)
N/A
Membership Trend
Year | Members |
---|---|
2002 | 4,758 |
2003 | 6,298 |
2004 | 6,593 |
2005 | 7,297 |
2006 | 7,623 |
2007 | 8,115 |
2008 | 8,772 |
2009 | 8,244 |
2010 | 7,727 |
2011 | 7,488 |
2012 | 7,523 |
2013 | 7,680 |
2014 | 7,857 |
2015 | 7,606 |
2016 | 7,748 |
2017 | 8,306 |
2018 | 8,960 |
2019 | 9,360 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$100,296
Total Employees
46
Employees Making more than $75,000
25
Top Ten Highest Paid Leaders
Name | Title | Total Compensation |
---|---|---|
GEORGE HOGAN | BUSINESS MANAGER | $213,142 |
JOSEPH DABBS | FINANCIAL SECRETARY | $174,823 |
THOMAS MYERS | PRESIDENT | $172,907 |
RICHARD MURPHY | RECORDING SECRETARY | $166,614 |
JOSEPH BRINLEY | BUSINESS REP | $159,253 |
PAUL HENRIQUES | EXAMINING BOARD | $158,244 |
JAMES MARX | EXECUTIVE BOARD | $157,031 |
LORNE SEAY | EXECUTIVE BOARD | $155,844 |
LARRY GREENHILL | VICE PRESIDENT | $154,741 |
DAVID HOGAN | BUILDING ENGINEER | $153,632 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Recent Contract Negotiations
Industry | Contracts |
---|---|
Information | 2 |
Construction | 1 |
Communications | 1 |
Not Provided | 1 |