International Brotherhood of Electrical Workers, Local 1106
Basic Information
Local 1106
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 | $1,174,283 |
| Total Liabilities | $17,401 |
| Total Income | $529,840 |
| Total Spent | $517,389 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $72,173 (+20.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,079,412 (-19.8%) |
| Fixed Assets | $15,878 (-19.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $6,820 (+77.1%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $296,872 |
| Per Person Tax | $0 |
| Investments | $189,614 |
| Supplies | $208 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $29,278 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $13,868 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $1,155,906 |
| All Others | $13,868 |
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
$517,389
Spending Overview
Spending Breakdown
| Representational | $176,465 (34.11%) |
| Political Activities and Lobbying | $13,376 (2.59%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $23,526 (4.55%) |
| Union Administration | $91,304 (17.65%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $146,274 (28.27%) |
| To Union Employees | $65,059 (12.57%) |
| 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
254
Income per Member
$2,086
Dues (per N/A)
$173.33 x Hourly Rate x 1.25% + per capita ($20)
Membership Trend
| Year | Members |
|---|---|
| 2002 | 887 |
| 2003 | 925 |
| 2004 | 800 |
| 2005 | 698 |
| 2006 | 677 |
| 2007 | 653 |
| 2008 | 620 |
| 2009 | 547 |
| 2010 | 395 |
| 2011 | 445 |
| 2012 | 466 |
| 2013 | 401 |
| 2014 | 415 |
| 2015 | 405 |
| 2016 | 403 |
| 2017 | 405 |
| 2018 | 343 |
| 2019 | 303 |
| 2020 | 275 |
| 2021 | 271 |
| 2022 | 254 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$16,885
Total Employees
14
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ERIC FLEET | BUSINESS MANAGER/FIN SECR | $120,774 |
| PATTY PERRY | BOOKKEEPER | $64,716 |
| MICHAEL FAULKINER | EXECUTIVE BOARD | $7,914 |
| COLE BUCKHOLD | EXECUTIVE BOARD | $5,753 |
| JEFF SCHULZ | EXECUTIVE BOARD | $5,256 |
| KEVIN TAPHOUSE | FORMER PRESIDENT | $5,030 |
| $4,743 | ||
| CHRISTOPHER DOAN | EXECUTIVE BOARD | $4,570 |
| DANIEL HITE | EXECUTIVE BOARD | $4,406 |
| NICK COPELAND | EXECUTIVE BOARD | $4,251 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Communications | 2 |
| Information | 2 |
| Utilities | 2 |
| Service | 1 |
| Finance and Insurance | 1 |