International Brotherhood of Electrical Workers, Local 412
Basic Information
Local 412
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 | $1,790,497 |
| Total Liabilities | $1,931 |
| Total Income | $580,986 |
| Total Spent | $647,553 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $211,635 (-23.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,283,500 (+5.3%) |
| Fixed Assets | $295,362 (+5.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,931 |
| Mortgages | $0 |
Income
| Dues | $515,870 |
| Per Person Tax | $0 |
| Investments | $60,000 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $3,166 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $154 |
| Loans Obtained | $0 |
| Other Receipts | $357 |
| Affiliates | $0 |
| Members | $1,439 |
| Reinvestments | $0 |
| All Others | $357 |
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
$647,553
Spending Overview
Spending Breakdown
| Representational | $44,143 (6.82%) |
| Political Activities and Lobbying | $14,040 (2.17%) |
| Contributions, Gifts, and Grants | $1,300 (0.20%) |
| General Overhead | $304,559 (47.03%) |
| Union Administration | $40,116 (6.20%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $130,812 (20.20%) |
| To Union Employees | $103,429 (15.97%) |
| 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
414
Income per Member
$1,403
Dues (per month)
$114
Membership Trend
| Year | Members |
|---|---|
| 2002 | 590 |
| 2003 | 590 |
| 2004 | 550 |
| 2005 | 529 |
| 2006 | 576 |
| 2007 | 580 |
| 2008 | 580 |
| 2009 | 762 |
| 2010 | 785 |
| 2011 | 793 |
| 2012 | 800 |
| 2013 | 785 |
| 2014 | 776 |
| 2015 | 755 |
| 2016 | 721 |
| 2017 | 662 |
| 2018 | 636 |
| 2019 | 579 |
| 2020 | 433 |
| 2021 | 414 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$41,383
Total Employees
7
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SHAWN EDWARDS | BUSINESS MANAGER | $135,973 |
| SHERRY BELLUCCI | BOOKKEEPER | $77,635 |
| $45,321 | ||
| PATRICK DEVINE | PRESIDENT | $14,238 |
| THERESA HARRIS | TREASURER | $6,080 |
| RONALD MILLER | RECORDING SECRETARY | $5,450 |
| JEREMY BLANCHARD | VICE PRESIDENT | $4,984 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023