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 | $39,250,684 |
| Total Liabilities | $646,186 |
| Total Income | $18,601,576 |
| Total Spent | $18,304,917 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,723,813 (+20.8%) |
| Accounts Receivable | $751,571 (-8.8%) |
| Investments | $22,605,641 (-5.2%) |
| Fixed Assets | $13,923,388 (-5.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $246,271 (-5.7%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $11,880,230 |
| Per Person Tax | $0 |
| Investments | $5,098,048 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $75,365 |
| Dividends | $367,783 |
| Rents | $0 |
| Fees and Fines | $916,225 |
| Loans Obtained | $0 |
| Other Receipts | $263,925 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $174,329 |
| All Others | $56,845 |
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: November 15th, 2016
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 2015
$18,304,917
Spending Overview
Spending Breakdown
| Representational | $1,634,668 (8.93%) |
| Political Activities and Lobbying | $103,202 (0.56%) |
| Contributions, Gifts, and Grants | $268,752 (1.47%) |
| General Overhead | $5,469,526 (29.88%) |
| Union Administration | $598,854 (3.27%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $2,151,391 (11.75%) |
| To Union Employees | $2,360,207 (12.89%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: November 15th, 2016
Membership
Total Members
7,606
Income per Member
$2,446
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 |
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: November 15th, 2016
Leaders & Salaries
Average Total Compensation
$93,992
Total Employees
48
Employees Making more than $75,000
26
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHARLES GRAHAM | BUSINESS MANAGER | $181,283 |
| RAMIRO RAMOS | PRESIDENT | $169,138 |
| MELVIN CHERRY | TREASURER | $155,370 |
| VIOLET CARTER | EXAMINING BOARD | $154,316 |
| PAUL HENRIQUES | BUSINESS REP | $150,566 |
| MICHAEL SHOEMAKER | FINANCIAL SECRETARY | $148,485 |
| JERRY LEWIS | EXECUTIVE BOARD | $143,882 |
| JOSEPH DABBS | EXECUTIVE BOARD | $142,945 |
| JAMES CAPERS | BUSINESS REP | $141,910 |
| GREG WARNER | EXAMINING BOARD | $141,828 |
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: November 15th, 2016
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Information | 2 |
| Construction | 1 |
| Communications | 1 |
| Not Provided | 1 |