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Union Facts

International Brotherhood of Electrical Workers, Local 102

Basic Information

Local 102

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
50 PARSIPPANY ROAD
PARSIPPANY, NJ 70545104

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 $27,298,129
Total Liabilities $2,630
Total Income $9,854,070
Total Spent $10,044,834

Total Assets Trend

Assets (Change from previous report)

Cash $8,470,330 (-2.2%)
Accounts Receivable $0 (0.0%)
Investments $9,659,339 (+0.5%)
Fixed Assets $7,941,196 (+0.5%)
Treasury Securities $1,225,514 (+17.9%)
Other Assets $1,750 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $2,630
Mortgages $0

Income

Dues $6,970,496
Per Person Tax $0
Investments $1,536,002
Supplies $0
Loan Repayment $0
Interest $217,952
Dividends $62,236
Rents $577,619
Fees and Fines $7,942
Loans Obtained $0
Other Receipts $337,569
Affiliates $0
Members $144,254
Reinvestments $0
All Others $27,459

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.

Spending Overview

Spending Breakdown

Representational $2,012,432 (20.03%)
Political Activities and Lobbying $27,500 (0.27%)
Contributions, Gifts, and Grants $47,475 (0.47%)
General Overhead $1,963,100 (19.54%)
Union Administration $651,737 (6.49%)
Strike Benefits $0 (0.00%)
To Union Officers $1,248,845 (12.43%)
To Union Employees $266,763 (2.66%)
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

Membership Trend

YearMembers
20023,516
20033,642
20043,511
20053,338
20063,382
20073,230
20083,138
20093,500
20103,308
20113,242
20123,143
20133,071
20143,006
20152,970
20162,887
20172,919
20182,960
20192,919
20202,864
20212,852
20222,987

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PATRICK DELLE CAVABUSINESS MANAGER$227,667
MICHAEL SCOTTOBUSINESS AGENT$208,328
DAVID FIOREASST. BUS. MGR. - TREAS$207,966
BERNARD CORRIGANPRESIDENT$207,614
MICHAEL PULSINELLIBUSINESS AGENT$207,614
MARK ROCHEBUSINESS AGENT - FINL SEC$205,112
ALFRED SISCOBUSINESS AGENT$203,714
THOMAS KELLYBUSINESS AGENT$203,714
NICHOLAS CASTELLOBUSINESS AGENT$202,267
SUSAN O'CONNELLCLERICAL$89,787

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023