International Brotherhood of Electrical Workers, Local 743
Basic Information
Local 743
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 | $2,626,366 |
| Total Liabilities | $1,737 |
| Total Income | $1,642,951 |
| Total Spent | $1,695,899 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $596,747 (-8.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,401,764 (+47.8%) |
| Fixed Assets | $242,614 (+47.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $385,241 (+1.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,737 |
| Mortgages | $0 |
Income
| Dues | $1,583,044 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $1,474 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $48,635 |
| Rents | $0 |
| Fees and Fines | $3,361 |
| Loans Obtained | $0 |
| Other Receipts | $6,437 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $520,979 |
| All Others | $6,437 |
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
$1,695,899
Spending Overview
Spending Breakdown
| Representational | $388,771 (22.92%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $16,655 (0.98%) |
| General Overhead | $88,244 (5.20%) |
| Union Administration | $206,656 (12.19%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $224,452 (13.23%) |
| To Union Employees | $54,478 (3.21%) |
| 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
470
Income per Member
$3,496
Dues (per Month)
Multiple Rates
Membership Trend
| Year | Members |
|---|---|
| 2002 | 766 |
| 2003 | 749 |
| 2004 | 673 |
| 2005 | 642 |
| 2006 | 632 |
| 2007 | 621 |
| 2008 | 657 |
| 2009 | 613 |
| 2010 | 546 |
| 2011 | 534 |
| 2012 | 514 |
| 2013 | 491 |
| 2014 | 492 |
| 2015 | 486 |
| 2016 | 482 |
| 2017 | 462 |
| 2018 | 473 |
| 2019 | 459 |
| 2020 | 446 |
| 2021 | 470 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$28,010
Total Employees
13
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JASON FOSTER | PRESIDENT | $94,539 |
| GEOFFREY LITWIN | RECORDING SECRETARY | $93,626 |
| EDWARD BRAUKUS | BUSINESS MANAGER | $69,812 |
| RACHEL JOHNSON | SECRETARY | $60,774 |
| MARK PINKASAVAGE | BUSINESS MANAGER | $38,792 |
| $3,590 | ||
| LUKE MATSAGO | TREASURER | $720 |
| NICHOLAS DUFFY JR | FINANCIAL SECRETARY | $720 |
| WILIAM TROUTMAN | BOARD MEMBER | $360 |
| DAVID KALOVAC | BOARD MEMBER | $360 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023