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Union Facts

International Brotherhood of Electrical Workers, Local 343

Basic Information

Local 343

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
9 - 80TH STREET S.E.
ROCHESTER, MN 559048435

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 $6,068,786
Total Liabilities $4,841
Total Income $3,272,599
Total Spent $2,282,545

Total Assets Trend

Assets (Change from previous report)

Cash $2,671,443 (+58.9%)
Accounts Receivable $0 (0.0%)
Investments $1,600,550 (+3.5%)
Fixed Assets $1,763,466 (+3.5%)
Treasury Securities $0 (0.0%)
Other Assets $33,327 (-0.2%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $4,841
Mortgages $0

Income

Dues $3,088,081
Per Person Tax $0
Investments $14,247
Supplies $8,219
Loan Repayment $0
Interest $70,872
Dividends $0
Rents $68,796
Fees and Fines $14,732
Loans Obtained $0
Other Receipts $7,652
Affiliates $0
Members $0
Reinvestments $0
All Others $2,231

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.

Spending Overview

Spending Breakdown

Representational $645,627 (28.29%)
Political Activities and Lobbying $71,747 (3.14%)
Contributions, Gifts, and Grants $12,944 (0.57%)
General Overhead $310,319 (13.60%)
Union Administration $249,391 (10.93%)
Strike Benefits $0 (0.00%)
To Union Officers $232,398 (10.18%)
To Union Employees $351,478 (15.40%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

YearMembers
2002990
2003990
2004984
2005934
2006949
2007983
2008987
2009980
2010947
2011886
2012856
2013836
2014828
2015857
2016878
2017912
2018980
2019991

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
CHAD KATZUNGBUSINESS MGR/FINAN SEC$126,898
SHANE MEIER RECORD SEC/BUSINESS REP$115,825
STEVEN CARDELLBUSINESS REPRESENTATIVE$114,381
JAMES BACKUSBUSINESS REPRESENTATIVE$113,611
ANDREW KUISLEORGANIZER$112,674
GREGORY GRAIFEXECUTIVE BOARD/POL COORD$61,329
BONNIE HINKLECLERICAL$56,603
COLLEEN MARKSCLERICAL$56,502
BROOKE BLYCLERICAL$31,434
$22,279

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction8
Utilities6