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Union Facts

International Brotherhood of Electrical Workers, Local 292

Basic Information

Local 292

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
312 CENTRAL AVENUE S.E.
MINNEAPOLIS, MN 55414

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 $15,756,092
Total Liabilities $134,511
Total Income $13,253,530
Total Spent $11,958,866

Total Assets Trend

Assets (Change from previous report)

Cash $9,165,230 (+16.4%)
Accounts Receivable $0 (0.0%)
Investments $2,131,087 (-56.4%)
Fixed Assets $4,378,570 (-56.4%)
Treasury Securities $0 (0.0%)
Other Assets $81,205 (+4.7%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $17,575
Mortgages $116,936

Income

Dues $10,105,748
Per Person Tax $0
Investments $2,829,113
Supplies $22,113
Loan Repayment $0
Interest $41,738
Dividends $107,616
Rents $0
Fees and Fines $41,741
Loans Obtained $0
Other Receipts $105,461
Affiliates $0
Members $0
Reinvestments $268,168
All Others $71,752

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 $2,133,500 (17.84%)
Political Activities and Lobbying $255,916 (2.14%)
Contributions, Gifts, and Grants $94,579 (0.79%)
General Overhead $689,690 (5.77%)
Union Administration $1,059,549 (8.86%)
Strike Benefits $0 (0.00%)
To Union Officers $432,647 (3.62%)
To Union Employees $895,889 (7.49%)
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
20024,554
20034,346
20046,634
20054,376
20064,576
20074,574
20084,543
20094,177
20103,999
20113,553
20123,817
20133,954
20144,096
20154,339
20164,388
20174,521
20184,249
20194,423

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOHN KRIPOTOSVICE PRES/BUSINESS REP$127,418
JENNIFER MUDGEFINAN SEC/BUSINESS REP$122,881
DERRICK GIVENSBUSINESS REPRESENTATIVE$122,244
KENT BLACHOWIAKBUSINESS REPRESENTATIVE$119,072
CHRIS KOHNBUSINESS REPRESENTATIVE$118,737
DAVID FRARYTREASURER/BUSINESS REP$118,013
JASON CARLSONBUSINESS REPRESENTATIVE$117,989
DANIEL FERGUSONPRESIDENT/BUSINESS REP$117,044
JEFFREY HEIMERLBUSINESS MANAGER $106,058
STEVE LUDWIGBUSINESS REPRESENTATIVE$104,704

Source: Office of Labor Management Standards

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