International Brotherhood of Electrical Workers, Local 292
Basic Information
Local 292
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 | $23,435,743 |
| Total Liabilities | $4,744,292 |
| Total Income | $9,732,942 |
| Total Spent | $8,420,278 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $11,523,059 (+12.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $2,248,486 (+28.3%) |
| Fixed Assets | $9,353,714 (+28.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $310,484 (+0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $14,655 |
| Mortgages | $4,729,637 |
Income
| Dues | $9,524,070 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $24,489 |
| Loan Repayment | $0 |
| Interest | $31,927 |
| Dividends | $25,968 |
| Rents | $325 |
| Fees and Fines | $31,014 |
| Loans Obtained | $0 |
| Other Receipts | $95,149 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $314,515 |
| All Others | $26,730 |
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
$8,420,278
Spending Overview
Spending Breakdown
| Representational | $2,401,746 (28.52%) |
| Political Activities and Lobbying | $276,427 (3.28%) |
| Contributions, Gifts, and Grants | $67,089 (0.80%) |
| General Overhead | $854,415 (10.15%) |
| Union Administration | $741,025 (8.80%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $457,758 (5.44%) |
| To Union Employees | $915,182 (10.87%) |
| 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
4,091
Income per Member
$2,379
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,554 |
| 2003 | 4,346 |
| 2004 | 6,634 |
| 2005 | 4,376 |
| 2006 | 4,576 |
| 2007 | 4,574 |
| 2008 | 4,543 |
| 2009 | 4,177 |
| 2010 | 3,999 |
| 2011 | 3,553 |
| 2012 | 3,817 |
| 2013 | 3,954 |
| 2014 | 4,096 |
| 2015 | 4,339 |
| 2016 | 4,388 |
| 2017 | 4,521 |
| 2018 | 4,249 |
| 2019 | 4,423 |
| 2020 | 4,165 |
| 2021 | 4,091 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$74,970
Total Employees
29
Employees Making more than $75,000
15
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JEFFREY HEIMERL | BUSINESS MANAGER | $162,086 |
| JOHN KRIPOTOS | VICE PRES/BUSINESS REP | $139,638 |
| JENNIFER MUDGE | FINAN SEC/BUSINESS REP | $138,852 |
| AARON OLSON | BUSINESS REPRESENTATIVE | $133,722 |
| DERRICK GIVENS | BUSINESS REPRESENTATIVE | $132,888 |
| TIMOTHY FISCHER | BUSINESS REPRESENTATIVE | $130,457 |
| ANDREW SNOPE | BUSINESS REP/POLIT COORD | $129,593 |
| DAVID FRARY | TREASURER/BUSINESS REP | $129,327 |
| WILLIAM KRAUSE | BUSINESS REPRESENTATIVE | $129,092 |
| KENT BLACHOWIAK | BUSINESS REPRESENTATIVE | $128,951 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023