International Brotherhood of Electrical Workers, Local 601
Basic Information
Local 601
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 | $3,445,643 |
| Total Liabilities | $49,072 |
| Total Income | $1,465,924 |
| Total Spent | $1,585,487 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,782,472 (-6.3%) |
| Accounts Receivable | $5,129 (+412.4%) |
| Investments | $753,802 (-13.7%) |
| Fixed Assets | $853,212 (-13.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $51,028 (-1.1%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,346,530 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $7,568 |
| Loan Repayment | $0 |
| Interest | $13,904 |
| Dividends | $26,113 |
| Rents | $39,742 |
| Fees and Fines | $4,914 |
| Loans Obtained | $0 |
| Other Receipts | $14,107 |
| Affiliates | $13,046 |
| Members | $0 |
| Reinvestments | $10,000 |
| All Others | $14,107 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
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.
Total Spent in 2022
$1,585,487
Spending Overview
Spending Breakdown
| Representational | $242,123 (15.27%) |
| Political Activities and Lobbying | $23,418 (1.48%) |
| Contributions, Gifts, and Grants | $6,350 (0.40%) |
| General Overhead | $97,973 (6.18%) |
| Union Administration | $521,384 (32.88%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $162,571 (10.25%) |
| To Union Employees | $310,463 (19.58%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
786
Income per Member
$1,865
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 484 |
| 2003 | 484 |
| 2004 | 479 |
| 2005 | 529 |
| 2006 | 531 |
| 2007 | 543 |
| 2008 | 550 |
| 2009 | 537 |
| 2010 | 534 |
| 2011 | 526 |
| 2012 | 527 |
| 2013 | 519 |
| 2014 | 519 |
| 2015 | 519 |
| 2016 | 503 |
| 2017 | 515 |
| 2018 | 534 |
| 2019 | 528 |
| 2020 | 546 |
| 2021 | 771 |
| 2022 | 786 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$33,866
Total Employees
19
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JARRETT CLEM | BUS MRG/FIN SEC | $167,363 |
| RONALD BECKER | ASSISTANT BUS MGR | $146,712 |
| BRIAN ANDERSEN | ORGANIZER | $77,110 |
| EDWARD LYNCH | ORGANIZER | $72,556 |
| DEANNA LAVOIE | OFFICE MANAGER | $71,444 |
| ASHLEY BRAZELTON | SECRETARY | $63,002 |
| THEODORE BURGIN III | TREASURER | $21,565 |
| BRIAN ANDERSEN | EXECUTIVE BOARD | $7,413 |
| $5,265 | ||
| SHANE STREET | PRESIDENT | $4,606 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023