International Brotherhood of Electrical Workers, Local 387
Basic Information
Local 387
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 | $4,637,553 |
| Total Liabilities | $15,498 |
| Total Income | $2,229,715 |
| Total Spent | $1,890,898 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,516,925 (+28.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $445,662 (-4.4%) |
| Fixed Assets | $2,661,076 (-4.4%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $13,890 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $15,498 |
| Mortgages | $0 |
Income
| Dues | $2,072,435 |
| Per Person Tax | $0 |
| Investments | $22,035 |
| Supplies | $1,445 |
| Loan Repayment | $0 |
| Interest | $22,755 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $5,548 |
| Loans Obtained | $0 |
| Other Receipts | $69,174 |
| Affiliates | $0 |
| Members | $36,323 |
| Reinvestments | $335,399 |
| All Others | $56,832 |
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
$1,890,898
Spending Overview
Spending Breakdown
| Representational | $438,519 (23.19%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $11,299 (0.60%) |
| General Overhead | $430,428 (22.76%) |
| Union Administration | $134,582 (7.12%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $166,705 (8.82%) |
| To Union Employees | $343,574 (18.17%) |
| 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
1,194
Income per Member
$1,867
Dues (per monthly)
varies
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,155 |
| 2003 | 2,148 |
| 2004 | 2,462 |
| 2005 | 2,660 |
| 2006 | 2,779 |
| 2007 | 2,283 |
| 2008 | 2,415 |
| 2009 | 2,353 |
| 2010 | 2,298 |
| 2011 | 2,270 |
| 2012 | 1,928 |
| 2013 | 1,920 |
| 2014 | 1,579 |
| 2015 | 1,585 |
| 2016 | 1,447 |
| 2017 | 1,467 |
| 2018 | 1,410 |
| 2019 | 1,378 |
| 2020 | 1,400 |
| 2021 | 1,330 |
| 2022 | 1,194 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$42,111
Total Employees
17
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DAVID VANDEVER | BUS MGR/FIN SEC | $188,593 |
| DAMON SHEARER | BUS REP | $159,420 |
| RUSSELL FISH | BUS REP | $156,482 |
| LIESA VANDEVER | OFFICE MANAGER | $93,846 |
| CHRISTIE BAKER | ACCOUNTANT | $69,946 |
| LAMBERT BENNETT | EXEC BOARD | $10,598 |
| $10,111 | ||
| DAVID CRIMMINS | EXEC BOARD | $7,051 |
| RYAN CULPEPPER | EXEC BOARD | $6,102 |
| ROBBY LONG, JR | EXEC BOARD | $3,968 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023