International Brotherhood of Electrical Workers, Local 731
Basic Information
Local 731
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 | $18,872 |
| Total Liabilities | $0 |
| Total Income | $25,421 |
| Total Spent | $23,322 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,378 (+164.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $15,459 (-3.1%) |
| Fixed Assets | $0 (-3.1%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $35 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $20,936 |
| Per Person Tax | $0 |
| Investments | $4,245 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $240 |
| 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: 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
$23,322
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $8,328 (35.71%) |
| 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: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
23
Income per Member
$1,105
Dues (per Month)
74.94/94.94
Membership Trend
| Year | Members |
|---|---|
| 2002 | 42 |
| 2003 | 39 |
| 2004 | 37 |
| 2005 | 33 |
| 2006 | 33 |
| 2007 | 33 |
| 2008 | 32 |
| 2009 | 31 |
| 2010 | 32 |
| 2011 | 30 |
| 2012 | 29 |
| 2013 | 24 |
| 2014 | 24 |
| 2015 | 24 |
| 2016 | 24 |
| 2017 | 25 |
| 2018 | 25 |
| 2019 | 25 |
| 2020 | 22 |
| 2021 | 23 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,666
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ADAM GUSTAFSON | PRESIDENT | $2,118 |
| BLAKE MCGUIRE | TREASURER | $1,665 |
| BENJAMIN WENDT | FINANCIAL SECRETARY | $1,614 |
| BRENT BACON | RECORDING SECRETARY | $1,613 |
| MIKE SULLIVAN | VICE PRESIDENT | $1,318 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023