International Brotherhood of Electrical Workers, Local 1022
Basic Information
Local 1022
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 | $47,330 |
| Total Liabilities | $2,181 |
| Total Income | $104,894 |
| Total Spent | $103,553 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $47,330 (+2.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $2,181 |
| Mortgages | $0 |
Income
| Dues | $104,819 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $75 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$103,553
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $19,734 (19.06%) |
| To Union Employees | $99 (0.10%) |
| Education | $0 (0.00%) |
| Fees | $685 (0.66%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
89
Income per Member
$1,179
Dues (per Month)
$103.85
Membership Trend
| Year | Members |
|---|---|
| 2002 | 76 |
| 2003 | 75 |
| 2004 | 79 |
| 2005 | 88 |
| 2006 | 95 |
| 2007 | 86 |
| 2008 | 89 |
| 2009 | 93 |
| 2010 | 92 |
| 2011 | 96 |
| 2012 | 78 |
| 2013 | 100 |
| 2014 | 106 |
| 2015 | 104 |
| 2016 | 103 |
| 2017 | 104 |
| 2018 | 128 |
| 2019 | 124 |
| 2020 | 120 |
| 2021 | 102 |
| 2022 | 89 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,951
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL CUMPSTON | PRESIDENT | $9,969 |
| DAVE WILSON | LOCAL CHAIR | $4,153 |
| ANTHONY FERRERO | LOCAL CHAIR | $2,650 |
| JOHN HARDERS | MEMBER AT LARGE | $1,141 |
| SEAN TOOKER | TREASURER | $956 |
| SHANNON VERGIL | FINANCIAL SECRETARY | $900 |
| DALE COOKLIN | RECORDING SECRETARY | $806 |
| NIC LANIK | RECORDING SECRETARY | $450 |
| JASON HENNING | BOARD MEMBER | $339 |
| JOSEPH PERALES | VICE PRESIDENT | $99 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023