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Union Facts

International Brotherhood of Electrical Workers, Local 498

Basic Information

Local 498

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
3912 BLAIR TOWNHALL RD W
TRAVERSE CITY, MI 49685

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 $1,478,048
Total Liabilities $95,992
Total Income $1,395,050
Total Spent $787,785

Total Assets Trend

Assets (Change from previous report)

Cash $1,270,063 (+91.6%)
Accounts Receivable $24,995 (-77.2%)
Investments $0 (0.0%)
Fixed Assets $182,775 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $215 (-64.6%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $30,514
Other Liabilities $65,478
Mortgages $0

Income

Dues $1,174,293
Per Person Tax $0
Investments $0
Supplies $4,890
Loan Repayment $0
Interest $12,799
Dividends $0
Rents $11,496
Fees and Fines $0
Loans Obtained $0
Other Receipts $191,572
Affiliates $0
Members $0
Reinvestments $0
All Others $7,502

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 $279,203 (35.44%)
Political Activities and Lobbying $23,407 (2.97%)
Contributions, Gifts, and Grants $5,221 (0.66%)
General Overhead $70,386 (8.93%)
Union Administration $34,002 (4.32%)
Strike Benefits $0 (0.00%)
To Union Officers $168,111 (21.34%)
To Union Employees $123,092 (15.63%)
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
2002350
2003324
2004302
2005291
2006290
2007293
2008293
2009278
2010263
2011258
2012241
2013241
2014233
2015232
2016235
2017236
2018276
2019235

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PAUL KANARYRECORDING SECRETARY$91,368
DAVID FASHBAUGHBUSINESS MANAGER$86,980
GEORGE SHUMARPRESIDENT$73,750
CAROLINE DEMETERSECRETARY$36,112
SCOTT OSTLUNDEXAM BOARD$1,332
JAMES PIERCEEXEC BOARD$421
RONALD BOYLEEXEC BOARDF$220
MICHAEL MAREKTREASURER$220
JAMES MURPHYVICE PRESIDENT$200
CHRISTOPHER KROGELEXEC BOARD$160

Source: Office of Labor Management Standards

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

Union Decertifications

Unionized employees can elect to revoke a union's right to represent them through a process called a decertification. In order to decertify a union, a majority of the unionized employees must vote to remove the union in an election overseen by the National Labor Relations Board (NLRB).

Source: National Labor Relations Board
Case Activity Tracking System

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing5