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Union Facts

International Brotherhood of Electrical Workers, Local 1988

Basic Information

Local 1988

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
PO Box 5634
ALBUQUERQUE, NM 87185

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 $32,487
Total Liabilities $1,043
Total Income $81,171
Total Spent $94,519

Total Assets Trend

Assets (Change from previous report)

Cash $32,487 (-29.1%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $0 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $1,043
Mortgages $0

Income

Dues $80,998
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $13
Dividends $0
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $160
Affiliates $0
Members $0
Reinvestments $0
All Others $0

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.

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 $8,935 (9.45%)
To Union Employees $0 (0.00%)
Education $0 (0.00%)
Fees $3,853 (4.08%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
2002106
2003126
20040
2005121
2006113
2007102
2008101
200998
201098
201198
201293
201399
201499
201599
2016101
2017117
2018120
2019123
2020127
2021126
2022126

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
EUGENE WADETREASURER$2,778
PETER LOHBERGERPRESIDENT$2,333
CARLOS GARCIAFINANCIAL SECRETARY$1,986
STEVEN GOODRICHRECORDING SECRETARY$800
AUGUSTINE LUCEROFINANCIAL SECRETARY$662
CEASAR MAESTASPRESIDENT$376

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023