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Union Facts

International Brotherhood of Electrical Workers, Local 463

Basic Information

Local 463

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
5052 S L AND N TURNPIKE
MAGNOLIA, KY 42757

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 $180,739
Total Liabilities $0
Total Income $40,398
Total Spent $51,384

Total Assets Trend

Assets (Change from previous report)

Cash $177,239 (-5.8%)
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 $40,211
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $187
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: 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 $0 (0.00%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $281 (0.55%)
General Overhead $0 (0.00%)
Union Administration $0 (0.00%)
Strike Benefits $0 (0.00%)
To Union Officers $22,191 (43.19%)
To Union Employees $0 (0.00%)
Education $0 (0.00%)
Fees $95 (0.18%)

Search All Spending

Source: Office of Labor Management Standards

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

Membership

Membership Trend

YearMembers
2002122
2003150
2004132
2005127
2006119
2007106
2008107
2009107
2010103
201199
201298
201398
201499
201594
201693
201794
201899
2019102

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MIKE PETERSONPRESIDENT$13,827
SARA GOODINFINANCIAL SECRETARY$5,458
CHRIS CLARKVICE PRESIDENT$2,811
EMILY COOKRECORDING SECRETARY$2,015
WILLIE BAKERSTEWARD$1,967
GREG STEPHENSSTEWARD$1,967
MIKE LEEEXECUTIVE BOARD$330
DOUG VAUGHN EXECUTIVE BOARD$270
JOHN SHARPEXECUTIVE BOARD$150
JIMMIE WOODEXECUTIVE BOARD$120

Source: Office of Labor Management Standards

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