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Union Facts

International Brotherhood of Electrical Workers, Local 731

Basic Information

Local 731

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

LITTLEFORK, MN 56653

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 $14,400
Total Liabilities $0
Total Income $20,059
Total Spent $22,344

Total Assets Trend

Assets (Change from previous report)

Cash $3,500 (-39.5%)
Accounts Receivable $0 (0.0%)
Investments $10,000 (-53.6%)
Fixed Assets $0 (-53.6%)
Treasury Securities $0 (0.0%)
Other Assets $900 (+56.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $0
Mortgages $0

Income

Dues $20,055
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $4
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 $0 (0.00%)
General Overhead $0 (0.00%)
Union Administration $0 (0.00%)
Strike Benefits $0 (0.00%)
To Union Officers $8,149 (36.47%)
To Union Employees $0 (0.00%)
Education $0 (0.00%)
Fees $780 (3.49%)

Search All Spending

Source: Office of Labor Management Standards

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

Membership

Membership Trend

YearMembers
200242
200339
200437
200533
200633
200733
200832
200931
201032
201130
201229
201324
201424
201524
201624
201725
201825
201925

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
ADAM GUSTAFSONPRESIDENT$2,253
GEORGE SWENSONFINANCIAL SECRETARY$1,720
BLAKE MCGUIRETREASURER$1,568
BRENT BACONRECORDING SECRETARY$1,490
MIKE SULLIVANVICE PRESIDENT$1,118

Source: Office of Labor Management Standards

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