International Brotherhood of Electrical Workers, Local 245
Basic Information
Local 245
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 | $2,433,718 |
| Total Liabilities | $10,826 |
| Total Income | $1,819,942 |
| Total Spent | $1,849,257 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $352,571 (-7.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $2,056,645 (+9.7%) |
| Fixed Assets | $24,125 (+9.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $377 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $10,826 |
| Mortgages | $0 |
Income
| Dues | $1,335,894 |
| Per Person Tax | $0 |
| Investments | $420,164 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $21 |
| Dividends | $41,213 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $22,650 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $22,650 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$1,849,257
Spending Overview
Spending Breakdown
| Representational | $516,080 (27.91%) |
| Political Activities and Lobbying | $4,913 (0.27%) |
| Contributions, Gifts, and Grants | $19,000 (1.03%) |
| General Overhead | $140,457 (7.60%) |
| Union Administration | $164,313 (8.89%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $428,471 (23.17%) |
| To Union Employees | $45,592 (2.47%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
777
Income per Member
$2,342
Dues (per MONTH)
21.00 TO 180.00
Membership Trend
| Year | Members |
|---|---|
| 2002 | 929 |
| 2003 | 826 |
| 2004 | 922 |
| 2005 | 960 |
| 2006 | 881 |
| 2007 | 892 |
| 2008 | 850 |
| 2009 | 827 |
| 2010 | 814 |
| 2011 | 783 |
| 2012 | 757 |
| 2013 | 741 |
| 2014 | 732 |
| 2015 | 749 |
| 2016 | 713 |
| 2017 | 746 |
| 2018 | 783 |
| 2019 | 782 |
| 2020 | 773 |
| 2021 | 777 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$34,937
Total Employees
18
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SHANE BAUMAN | BUSINESS MANAGER FIN SECR | $161,469 |
| KENNETH KURTZ | ASST BUSINESS MANAGER | $128,799 |
| LARRY TSCHERNE | ASST BUSINESS MANAGER | $114,720 |
| JUSTIN CAPPELLETTY | ASST BUS MGR/EXE BOARD | $80,503 |
| LISA TRACY | TREASURER | $73,759 |
| AMANDA PARKER | ADMINISTRATIVE ASSISTANT | $47,076 |
| $10,132 | ||
| RICHARD RUSSEAU | EXECUTIVE BOARD | $2,682 |
| BRIAN GENDASZEK | PRESIDENT | $2,577 |
| GREGORY WALTER | EXECUTIVE BOARD | $2,275 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023