International Brotherhood of Electrical Workers, Local 160
Basic Information
Local 160
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 | $14,548,782 |
| Total Liabilities | $0 |
| Total Income | $5,486,159 |
| Total Spent | $5,305,800 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,878,094 (+10.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $11,073,914 (+16.0%) |
| Fixed Assets | $1,550,161 (+16.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $41,613 (+11.2%) |
| Loans Receivable | $5,000 (-13.8%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $4,974,537 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $2,800 |
| Interest | $19,095 |
| Dividends | $441,826 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $47,901 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $1,940,216 |
| All Others | $47,901 |
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
$5,305,800
Spending Overview
Spending Breakdown
| Representational | $1,841,148 (34.70%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $102,582 (1.93%) |
| General Overhead | $391,440 (7.38%) |
| Union Administration | $298,745 (5.63%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $207,114 (3.90%) |
| To Union Employees | $916,072 (17.27%) |
| 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
3,285
Income per Member
$1,670
Dues (per MONTH)
1.25% OF BASE WAGES
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,534 |
| 2003 | 2,660 |
| 2004 | 2,898 |
| 2005 | 2,843 |
| 2006 | 2,961 |
| 2007 | 2,993 |
| 2008 | 2,971 |
| 2009 | 2,891 |
| 2010 | 2,738 |
| 2011 | 2,891 |
| 2012 | 2,916 |
| 2013 | 3,028 |
| 2014 | 3,125 |
| 2015 | 3,113 |
| 2016 | 3,139 |
| 2017 | 3,129 |
| 2018 | 3,239 |
| 2019 | 3,228 |
| 2020 | 3,201 |
| 2021 | 3,285 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$71,384
Total Employees
27
Employees Making more than $75,000
12
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROBERT BOOGREN | BUSINESS MGR/FIN SEC | $196,536 |
| ANDREW KIEFFER | MEMBERSHIP COORDINATOR | $176,439 |
| DANIEL KIEFFER | BUSINESS REPPRESENTATIVE | $174,104 |
| MICHAEL RINGSTAD | BUSINESS REPRESENTATIVE | $158,597 |
| NICHOLAS STECKELBERG | BUSINESS REPRESENTATIVE | $156,005 |
| THOMAS CASSIDY | BUSINESS REPRESENTATIVE | $153,641 |
| ERIC SPIELMANN | BUSINESS REPRESENTATIVE | $152,437 |
| KURT ZIMMERMAN | BUSINESS MGR/FIN SEC | $152,318 |
| DARRIN HELGET | BUSINESS REPRESENTATIVE | $120,377 |
| $93,788 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023