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Union Facts

International Brotherhood of Electrical Workers, Local 702

Basic Information

Local 702

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
106 N MONROE STREET
WEST FRANKFORT, IL 62896

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 $11,342,576
Total Liabilities $15,929
Total Income $6,978,371
Total Spent $6,389,584

Total Assets Trend

Assets (Change from previous report)

Cash $4,943,010 (+13.5%)
Accounts Receivable $40,785 (+159.6%)
Investments $4,317,456 (+6.7%)
Fixed Assets $1,975,838 (+6.7%)
Treasury Securities $0 (0.0%)
Other Assets $23,585 (-21.3%)
Loans Receivable $41,902 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $15,929
Mortgages $0

Income

Dues $6,257,169
Per Person Tax $0
Investments $0
Supplies $670
Loan Repayment $1,000
Interest $11,047
Dividends $293,544
Rents $0
Fees and Fines $11,972
Loans Obtained $0
Other Receipts $224,953
Affiliates $10,650
Members $167,366
Reinvestments $43,635
All Others $119,999

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.

Spending Overview

Spending Breakdown

Representational $1,425,602 (22.31%)
Political Activities and Lobbying $284,121 (4.45%)
Contributions, Gifts, and Grants $120,531 (1.89%)
General Overhead $141,906 (2.22%)
Union Administration $1,443,839 (22.60%)
Strike Benefits $0 (0.00%)
To Union Officers $182,258 (2.85%)
To Union Employees $1,257,632 (19.68%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
20024,294
20034,318
20044,246
20054,170
20063,992
20074,027
20083,978
20093,054
20103,869
20113,900
20123,919
20133,905
20143,905
20153,860
20163,864
20173,776
20185,282
20195,366
20205,279
20215,110
20225,237

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
CHARLES HUGHARTFIN'L SECY/BUSINESS MGR$190,965
JAMIE HATFIELDASST BUSINESS MANAGER$169,405
GREGORY KERLEYBUSINESS REP$163,905
BRADLEY BEISNERBUSINESS REP$162,699
JUSTIN WRIGHTBUSINESS REP$162,693
MICHAEL LUSTIGBUSINESS REP$162,537
COREY JARRETTORGANIZER$160,634
JASON WOOLARDBUSINESS REP$156,130
LOGAN COBBTRAINING FACILITY STAFF$131,619
GINA NOBLEOFFICE MANAGER/BOOKKEEPER$90,120

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023