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Union Facts

International Brotherhood of Electrical Workers, Local 506

Basic Information

Local 506

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
336 SANDHURST DR. W.
ROSEVILLE, MN 551134722

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 $15,374
Total Liabilities $2,664
Total Income $89,802
Total Spent $92,981

Total Assets Trend

Assets (Change from previous report)

Cash $15,374 (-12.4%)
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 $2,664
Other Liabilities $0
Mortgages $0

Income

Dues $89,802
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $0
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: 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.

Spending Overview

Spending Breakdown

Representational $0 (0.00%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $174 (0.19%)
General Overhead $0 (0.00%)
Union Administration $0 (0.00%)
Strike Benefits $0 (0.00%)
To Union Officers $8,015 (8.62%)
To Union Employees $0 (0.00%)
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

Membership Trend

YearMembers
200342
200441
200553
200653
200750
200849
200945
201149
201249
201372
201480
201583
201676
201777
201887
201981

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOEL MAGNUSONFINANCIAL SECRETARY$1,921
PATRICK BAHETREASURER$1,740
JEFFERY HEGGREC SEC./LOC. COMM.CHAIR$1,558
MORGAN CARPENTERLOCAL COMM. CHAIRMAN$1,097
RICHARD BARBERPRESIDENT$874
LOREN LEVENSPRESIDENT$281
WAYNE HIETALARECORDING SECRETARY$281
MICHAEL FERRISVICE PRESIDENT$164
JOSHUA SIMMERVICE PRESIDENT$99

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Crime, Corruption & Racketeering

The Office of Labor-Management Standards (OLMS) conducts investigations to determine if violations of the Labor-Management Relations and Disclosure Act (LMRDA) provisions have occurred.

Investigations are initiated based on various sources such as complaints from union members; information developed by OLMS as a result of reviewing reports filed; information developed during an OLMS audit of a union’s books and records; and information obtained from other government agencies. Investigations may involve civil matters (such as an election of union officers) or criminal matters (such as embezzlement of union funds).

Corruption and Embezzlement Charges

Type of Criminal ActivityNumber of Instances
criminal charges1

Some incidents may be accounted for in multiple categories.

Source: Office of Labor-Management Standards

Last Updated: April 8th, 2021

Financial Audits

The Office of Labor-Management Standards (OLMS) has responsibility under the Labor-Management Relations and Disclosure Act (LMRDA) to conduct audits to determine if unions are complying with the law.

OLMS uses a streamlined audit approach called the Compliance Audit Program (CAP) to audit local unions which utilizes specialized records review and investigative techniques to verify LMRDA compliance.

Source: Office of Labor-Management Standards

Last Updated: November 15th, 2016