International Brotherhood of Electrical Workers, Local 465
Basic Information
Local 465
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 | $1,404,520 |
| Total Liabilities | $101,740 |
| Total Income | $2,869,553 |
| Total Spent | $2,857,138 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $733,635 (+1.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $670,885 (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 | $101,740 |
| Mortgages | $0 |
Income
| Dues | $2,635,636 |
| Per Person Tax | $0 |
| Investments | $1,500 |
| Supplies | $11,906 |
| Loan Repayment | $0 |
| Interest | $683 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $1,040 |
| Loans Obtained | $0 |
| Other Receipts | $217,668 |
| Affiliates | $0 |
| Members | $1,120 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$2,857,138
Spending Overview
Spending Breakdown
| Representational | $856,348 (29.97%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $12,100 (0.42%) |
| General Overhead | $512,435 (17.94%) |
| Union Administration | $160,583 (5.62%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $372,873 (13.05%) |
| To Union Employees | $443,265 (15.51%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
2,639
Income per Member
$1,087
Dues (per Month)
20-39
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,138 |
| 2003 | 2,470 |
| 2004 | 2,380 |
| 2005 | 2,401 |
| 2006 | 2,599 |
| 2007 | 2,904 |
| 2008 | 2,745 |
| 2009 | 3,314 |
| 2010 | 3,028 |
| 2011 | 2,899 |
| 2012 | 2,916 |
| 2013 | 3,161 |
| 2014 | 2,756 |
| 2015 | 2,749 |
| 2016 | 2,340 |
| 2017 | 2,346 |
| 2018 | 2,380 |
| 2019 | 2,239 |
| 2020 | 2,506 |
| 2021 | 2,639 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$48,850
Total Employees
23
Employees Making more than $75,000
6
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| NATE FAIRMAN | BUSINESS MANAGER/FIN SEC | $260,070 |
| RAUL DIAZ | ASSISTANT BUSINESS MANAGE | $176,024 |
| MATTHEW FISH | VICE PRESIDENT | $149,795 |
| ANNABEL ARAUZ | BUSINESS REPRESENTATIVE | $113,708 |
| KRISTEN TERESCHUK | ADMINISTRATIVE | $112,627 |
| JACKIE VILLARINO | ADMINISTRATIVE | $78,679 |
| MARIA LORONA | BUSINESS REPRESENTATIVE | $64,626 |
| GEORGE MOSES | BUSINESS REPRESENTATIVE | $63,689 |
| CESAR PERDOMO | EXECUTIVE BOARD | $59,753 |
| CHRIS SIMMONS | PRESIDENT | $14,083 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023