International Brotherhood of Electrical Workers, Local 1049
Basic Information
Local 1049
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 | $6,600,036 |
| Total Liabilities | $205,112 |
| Total Income | $5,015,271 |
| Total Spent | $5,725,983 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,352,505 (-34.4%) |
| Accounts Receivable | $135,371 (-24.9%) |
| Investments | $4,977,357 (+17.4%) |
| Fixed Assets | $66,859 (+17.4%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $67,944 (-62.3%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $4,581,875 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $14,900 |
| Loan Repayment | $0 |
| Interest | $1,147 |
| Dividends | $155,896 |
| Rents | $0 |
| Fees and Fines | $7,598 |
| Loans Obtained | $0 |
| Other Receipts | $148,939 |
| Affiliates | $0 |
| Members | $104,916 |
| Reinvestments | $616,796 |
| All Others | $100,683 |
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
$5,725,983
Spending Overview
Spending Breakdown
| Representational | $1,392,954 (24.33%) |
| Political Activities and Lobbying | $186,263 (3.25%) |
| Contributions, Gifts, and Grants | $31,968 (0.56%) |
| General Overhead | $865,565 (15.12%) |
| Union Administration | $490,211 (8.56%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $361,774 (6.32%) |
| To Union Employees | $1,146,936 (20.03%) |
| 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
3,908
Income per Member
$1,283
Dues (per month)
$99
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,631 |
| 2003 | 2,667 |
| 2004 | 2,526 |
| 2005 | 2,292 |
| 2006 | 2,608 |
| 2007 | 2,510 |
| 2008 | 3,321 |
| 2009 | 3,437 |
| 2010 | 3,242 |
| 2011 | 3,212 |
| 2012 | 3,197 |
| 2013 | 3,252 |
| 2014 | 3,443 |
| 2015 | 3,582 |
| 2016 | 3,839 |
| 2017 | 3,924 |
| 2018 | 4,035 |
| 2019 | 4,117 |
| 2020 | 4,068 |
| 2021 | 3,908 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$78,799
Total Employees
27
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| PATRICK GUIDICE III | BUSINESS MANAGER | $230,990 |
| JAMES COOPER | PRESIDENT/ASST BUS MGR | $207,950 |
| RICHARD FRIDELL | ASST BUSINESS MANAGER | $196,705 |
| WILLIAM O'LEARY | BUSINESS REPRESENTATIVE | $193,993 |
| ROBERT SPENCER | BUSINESS REPRESENTATIVE | $188,817 |
| JAMES BOGEN | BUSINESS REPRESENTATIVE | $186,213 |
| MICHAEL WHALEN | BUSINESS REPRESENTATIVE | $185,410 |
| ROBIN RODRIGUEZ | BUSINESS REPRESENTATIVE | $185,302 |
| KASEY SCHEID | POLITICAL DIRECTOR | $136,043 |
| STEFANIE GASPARIK | EXECUTIVE ASSISTANT | $90,033 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023