International Brotherhood of Electrical Workers, Local 574
Basic Information
Local 574
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 | $154,827 |
| Total Liabilities | $1,271 |
| Total Income | $190,444 |
| Total Spent | $194,581 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $154,293 (-2.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $534 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,271 |
| Mortgages | $0 |
Income
| Dues | $165,447 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $246 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $24,751 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$194,581
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $271 (0.14%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $15,858 (8.15%) |
| To Union Employees | $39,278 (20.19%) |
| Education | $0 (0.00%) |
| Fees | $1,335 (0.69%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
247
Income per Member
$771
Dues (per month)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 230 |
| 2003 | 235 |
| 2004 | 220 |
| 2005 | 215 |
| 2006 | 219 |
| 2007 | 218 |
| 2008 | 210 |
| 2009 | 196 |
| 2010 | 187 |
| 2011 | 181 |
| 2012 | 187 |
| 2013 | 184 |
| 2014 | 196 |
| 2015 | 238 |
| 2016 | 267 |
| 2017 | 256 |
| 2018 | 243 |
| 2019 | 247 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$1,322
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JEFF JOHNSEN | PRESIDENT | $10,470 |
| SAM SMITH | PRESIDENT | $1,339 |
| BRADY JACQUELINE | VICE PRESIDENT | $586 |
| DAN MJELDE | FINANCIAL SECRETARY | $586 |
| RODNEY BRUEMMER | EXECUTIVE BOARD MEMBER | $586 |
| RICHARD SCHLITT | TREASURER | $586 |
| WILLIAM TYLER | EXECUTIVE BOARD MEMBER | $475 |
| ALLAN HAMMOND | RECORDING SECRETARY | $343 |
| WARREN PIETRAS | EXECUTIVE BOARD MEMBER | $343 |
| MICHAEL COBEY | EXECUTIVE BOARD MEMBER | $305 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021