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 |