International Brotherhood of Electrical Workers, Local 229
Basic Information
Local 229
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 | $4,440,853 |
| Total Liabilities | $47,766 |
| Total Income | $985,823 |
| Total Spent | $1,322,627 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,513,534 (-18.2%) |
| Accounts Receivable | $112,524 (+12.4%) |
| Investments | $1,860,342 (-12.3%) |
| Fixed Assets | $943,598 (-12.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $10,855 (+24.5%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $293,083 |
| Per Person Tax | $0 |
| Investments | $150,529 |
| Supplies | $2,662 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $48,766 |
| Rents | $41,960 |
| Fees and Fines | $439,161 |
| Loans Obtained | $0 |
| Other Receipts | $9,662 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $459 |
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
$1,322,627
Spending Overview
Spending Breakdown
| Representational | $243,173 (18.39%) |
| Political Activities and Lobbying | $1,921 (0.15%) |
| Contributions, Gifts, and Grants | $6,666 (0.50%) |
| General Overhead | $88,842 (6.72%) |
| Union Administration | $380,765 (28.79%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $267,627 (20.23%) |
| To Union Employees | $59,821 (4.52%) |
| 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
373
Income per Member
$2,643
Dues (per QTR)
$24
Membership Trend
| Year | Members |
|---|---|
| 2002 | 457 |
| 2003 | 480 |
| 2004 | 453 |
| 2005 | 439 |
| 2006 | 429 |
| 2007 | 409 |
| 2008 | 398 |
| 2009 | 374 |
| 2010 | 385 |
| 2011 | 422 |
| 2012 | 429 |
| 2013 | 427 |
| 2014 | 416 |
| 2015 | 415 |
| 2016 | 410 |
| 2017 | 403 |
| 2018 | 399 |
| 2019 | 416 |
| 2020 | 393 |
| 2021 | 391 |
| 2022 | 373 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$23,389
Total Employees
14
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| THOMAS HENCHEY | BUS MGR, FIN SEC | $96,049 |
| EDSON MORALES | EXECUTIVE BOARD | $90,115 |
| LARRY WILLIS, JR | EXECUTIVE BOARD | $79,663 |
| BETTY SCHNETZKA | OFFICE MANAGER | $59,821 |
| THOMAS HAMILTON IV | RECORDING SECRETARY | $600 |
| CHACE STEWART | TREASURER | $600 |
| JACOB OSTROM | PRESIDENT | $600 |
| JOSHUA LOGAN | EXAMINING BOARD | $0 |
| ISRAEL MOYA | EXECUTIVE BOARD | $0 |
| EUGENE MORALES | EXECUTIVE BOARD | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023