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Union Facts

International Brotherhood of Electrical Workers, Local 426

Basic Information

Local 426

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
101 S. Fairfax Ste.102&103
SIOUX FALLS, SD 57103

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 $3,607,680
Total Liabilities $315,597
Total Income $2,366,190
Total Spent $1,353,557

Total Assets Trend

Assets (Change from previous report)

Cash $3,545,013 (+40.0%)
Accounts Receivable $0 (-100.0%)
Investments $3,000 (0.0%)
Fixed Assets $59,667 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $315,561
Other Liabilities $36
Mortgages $0

Income

Dues $593,659
Per Person Tax $0
Investments $639,341
Supplies $0
Loan Repayment $0
Interest $35,790
Dividends $0
Rents $6,500
Fees and Fines $1,079,124
Loans Obtained $0
Other Receipts $11,776
Affiliates $0
Members $0
Reinvestments $0
All Others $11,776

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 $389,936 (28.81%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $2,896 (0.21%)
General Overhead $447,437 (33.06%)
Union Administration $68,961 (5.09%)
Strike Benefits $0 (0.00%)
To Union Officers $172,780 (12.76%)
To Union Employees $177,438 (13.11%)
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
2002563
2003574
2004599
2005632
2006636
2007643
2008668
2009637
2010635
2011624
2012654
2013659
2014635
2015559
2016712
2017690
2018862
2019774

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
KORY RAMSTERNBUSINESS MANAGER/FINANCE$108,396
DENNIS KLEINN/A$83,489
CURTIS NELSONEXEC BOARD/MEMBER DEV.$77,638
SUSAN JOHNSONOFFICE MANAGER$59,508
JENA HEALYOFFICE ASSISTANT$53,360
$14,337
JEROD BRAZEEPRESIDENT$9,728
TONY BARNESPAST TREASURER$593
ADAM DEACONEXAMINING BOARD$473
AARON CHRISTENSENEXECUTIVE BOARD$473

Source: Office of Labor Management Standards

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

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Utilities33
Communications1