International Brotherhood of Electrical Workers, Local 463
Basic Information
Local 463
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 | $185,601 |
| Total Liabilities | $0 |
| Total Income | $68,326 |
| Total Spent | $87,646 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $182,101 (-9.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $3,500 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $67,958 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $368 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$87,646
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $150 (0.17%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $39,444 (45.00%) |
| To Union Employees | $0 (0.00%) |
| 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
159
Income per Member
$430
Dues (per 0)
$20
Membership Trend
| Year | Members |
|---|---|
| 2002 | 122 |
| 2003 | 150 |
| 2004 | 132 |
| 2005 | 127 |
| 2006 | 119 |
| 2007 | 106 |
| 2008 | 107 |
| 2009 | 107 |
| 2010 | 103 |
| 2011 | 99 |
| 2012 | 98 |
| 2013 | 98 |
| 2014 | 99 |
| 2015 | 94 |
| 2016 | 93 |
| 2017 | 94 |
| 2018 | 99 |
| 2019 | 102 |
| 2020 | 102 |
| 2021 | 120 |
| 2022 | 159 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,944
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MIKE PETERSON | PRESIDENT | $20,323 |
| RYAN KIRBY | TREASURER | $8,202 |
| MIKE LEE | E-BOARD | $3,503 |
| GREG STEPHENS | E-BOARD | $2,277 |
| SHAUN CAMPBELL | RECORDING SECRETARY | $2,066 |
| MIKE BALDWIN | E-BOARD | $906 |
| JACKIE DAVIDSON | E-BOARD | $869 |
| CHRIS CLARKE | E-BOARD | $818 |
| DOUG VAUGHN | E-BOARD | $380 |
| JOHN SHARPE | RECORDING SECRETARY | $100 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023