International Brotherhood of Electrical Workers, Local 359
Basic Information
Local 359
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 | $747,908 |
| Total Liabilities | $0 |
| Total Income | $762,879 |
| Total Spent | $663,203 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $402,916 (+32.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $343,984 (+22.7%) |
| Fixed Assets | $0 (+22.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $1,008 (-17.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $498,512 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $601 |
| Dividends | $5,640 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $1,845 |
| Affiliates | $256,281 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $1,845 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$663,203
Spending Overview
Spending Breakdown
| Representational | $6,975 (1.05%) |
| Political Activities and Lobbying | $4,792 (0.72%) |
| Contributions, Gifts, and Grants | $8,587 (1.29%) |
| General Overhead | $77,124 (11.63%) |
| Union Administration | $77,688 (11.71%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $59,931 (9.04%) |
| To Union Employees | $24,163 (3.64%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
798
Income per Member
$956
Dues (per month)
$39.40-$99.47
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,051 |
| 2003 | 997 |
| 2004 | 1,027 |
| 2005 | 1,027 |
| 2006 | 966 |
| 2007 | 1,046 |
| 2008 | 1,113 |
| 2009 | 1,081 |
| 2010 | 1,001 |
| 2011 | 991 |
| 2012 | 989 |
| 2013 | 942 |
| 2014 | 883 |
| 2015 | 866 |
| 2016 | 906 |
| 2017 | 919 |
| 2018 | 896 |
| 2019 | 856 |
| 2020 | 812 |
| 2021 | 798 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$17,743
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $29,988 | ||
| IVAN SORIANO | PRESIDENT | $26,504 |
| WALTER LAMB | TREASURER | $16,977 |
| JONATHAN GONZALEZ | VICE-PRESIDENT | $11,969 |
| DAVID GRUBBS | RECORDING SECRETARY | $11,656 |
| KHRISTAL HUNTER | FINANCIAL SECRETARY | $9,365 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023