International Brotherhood of Electrical Workers, Local 15
Basic Information
Local 15
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 | $11,805,861 |
| Total Liabilities | $139,939 |
| Total Income | $8,368,959 |
| Total Spent | $8,068,478 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,492,287 (+25.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $9,131,648 (-11.7%) |
| Fixed Assets | $1,163,212 (-11.7%) |
| Treasury Securities | $9,231 (-40.5%) |
| Other Assets | $9,483 (+9,383.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $6,785,875 |
| Per Person Tax | $0 |
| Investments | $1,152,560 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $146,040 |
| Dividends | $176,324 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $43,575 |
| Affiliates | $0 |
| Members | $64,585 |
| Reinvestments | $0 |
| All Others | $14,791 |
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
$8,068,478
Spending Overview
Spending Breakdown
| Representational | $3,243,748 (40.20%) |
| Political Activities and Lobbying | $245,858 (3.05%) |
| Contributions, Gifts, and Grants | $56,851 (0.70%) |
| General Overhead | $259,250 (3.21%) |
| Union Administration | $718,812 (8.91%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $535,804 (6.64%) |
| To Union Employees | $1,601,814 (19.85%) |
| 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
4,988
Income per Member
$1,678
Dues (per N/A)
SEE LN 69
Membership Trend
| Year | Members |
|---|---|
| 2002 | 8,218 |
| 2003 | 6,843 |
| 2004 | 6,486 |
| 2005 | 6,201 |
| 2006 | 6,434 |
| 2007 | 6,282 |
| 2008 | 6,341 |
| 2009 | 6,243 |
| 2010 | 6,255 |
| 2011 | 6,153 |
| 2012 | 6,089 |
| 2013 | 5,877 |
| 2014 | 6,155 |
| 2015 | 6,172 |
| 2016 | 5,873 |
| 2017 | 5,659 |
| 2018 | 5,422 |
| 2019 | 5,285 |
| 2020 | 5,204 |
| 2021 | 4,979 |
| 2022 | 4,988 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$108,085
Total Employees
33
Employees Making more than $75,000
18
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $479,347 | ||
| TERRY MCGOLDRICK | PRESIDENT/BUS MGR/FIN SEC | $241,795 |
| BENJAMIN BUSSER | VP/SR ASST BM/EXEC BOARD | $220,013 |
| MICHAEL FREEMAN | SR ASST BM/BUSINESS REP | $218,705 |
| CHRISTOPHER RISER | SR ASST BM/BUSINESS REP | $215,341 |
| DAVID GROOMS | BUSINESS REP | $202,139 |
| MARK SHAULIS | BUSINESS REP | $201,626 |
| FABIAN VELA | BUSINESS REP | $198,193 |
| JOHN BRIAN DANIELS | BUSINESS REP | $192,614 |
| JAMES COLLINS | BUSINESS REP | $192,442 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Utilities | 2 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 1 |
| Other | 1 |
| Manufacturing | 1 |