International Brotherhood of Electrical Workers, Local 176
Basic Information
Local 176
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 | $10,043,292 |
Total Liabilities | $413,154 |
Total Income | $5,142,372 |
Total Spent | $5,115,696 |
Total Assets Trend
Assets (Change from previous report)
Cash | $3,784,729 (+0.7%) |
Accounts Receivable | $386,806 (-9.2%) |
Investments | $2,480,596 (-11.4%) |
Fixed Assets | $3,251,159 (-11.4%) |
Treasury Securities | $0 (0.0%) |
Other Assets | $140,002 (-20.1%) |
Loans Receivable | $0 (0.0%) |
Income
Dues | $4,719,791 |
Per Person Tax | $0 |
Investments | $0 |
Supplies | $38,927 |
Loan Repayment | $0 |
Interest | $41,633 |
Dividends | $63,571 |
Rents | $95,083 |
Fees and Fines | $53,717 |
Loans Obtained | $0 |
Other Receipts | $129,650 |
Affiliates | $0 |
Members | $0 |
Reinvestments | $0 |
All Others | $73,221 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$5,115,696
Spending Overview
Spending Breakdown
Representational | $1,082,308 (21.16%) |
Political Activities and Lobbying | $138,529 (2.71%) |
Contributions, Gifts, and Grants | $66,144 (1.29%) |
General Overhead | $490,253 (9.58%) |
Union Administration | $940,977 (18.39%) |
Strike Benefits | $0 (0.00%) |
To Union Officers | $173,906 (3.40%) |
To Union Employees | $795,804 (15.56%) |
Education | $0 (0.00%) |
Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
1,219
Income per Member
$4,219
Dues (per QUARTER)
$138
Membership Trend
Year | Members |
---|---|
2002 | 1,596 |
2003 | 1,616 |
2004 | 1,639 |
2005 | 1,630 |
2006 | 1,619 |
2007 | 1,770 |
2008 | 1,640 |
2009 | 1,603 |
2010 | 1,536 |
2011 | 1,470 |
2012 | 1,406 |
2013 | 1,361 |
2014 | 1,321 |
2015 | 1,274 |
2016 | 1,245 |
2017 | 1,254 |
2018 | 1,245 |
2019 | 1,223 |
2020 | 1,207 |
2021 | 1,215 |
2022 | 1,219 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$39,084
Total Employees
38
Employees Making more than $75,000
7
Top Ten Highest Paid Leaders
Name | Title | Total Compensation |
---|---|---|
ANDRES RICO | BUSINESS MANAGER | $150,310 |
DERIC WILKINS | ASST BUSINESS MANAGER | $143,259 |
FLOYD JONES | ASST BUSINESS MANAGER | $142,824 |
BARRY ALDRICH | ASST BUSINESS MANAGER | $142,498 |
JAMES LOCKHART | ASST BUSINESS MANAGER | $142,075 |
SCOTT SMITH | ASST BUSINESS MANAGER | $141,997 |
JUAN RICO | ASST BUSINESS MANAGER | $116,852 |
RYAN ALDRICH | ASST BUSINESS MANAGER | $78,030 |
MICHAEL CLEMMONS | BUSINESS MANAGER | $76,467 |
MARGARET BASS | OFFICE STAFF | $71,289 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023