International Brotherhood of Electrical Workers, Local 420
Basic Information
Local 420
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 | $825,118 |
| Total Liabilities | $25,796 |
| Total Income | $1,105,486 |
| Total Spent | $1,047,413 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $391,191 (+17.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $42,391 (-0.2%) |
| Fixed Assets | $12,834 (-0.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $378,702 (+1.3%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $25,796 |
| Mortgages | $0 |
Income
| Dues | $1,080,975 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $3,571 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $1,500 |
| Affiliates | $0 |
| Members | $19,440 |
| Reinvestments | $0 |
| All Others | $1,500 |
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
$1,047,413
Spending Overview
Spending Breakdown
| Representational | $17,056 (1.63%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $9,031 (0.86%) |
| General Overhead | $190,429 (18.18%) |
| Union Administration | $565,829 (54.02%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $546,060 (52.13%) |
| To Union Employees | $19,769 (1.89%) |
| 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
643
Income per Member
$1,719
Dues (per Gross Pay)
1.33%
Membership Trend
| Year | Members |
|---|---|
| 2002 | 782 |
| 2003 | 760 |
| 2004 | 800 |
| 2005 | 768 |
| 2006 | 720 |
| 2007 | 712 |
| 2008 | 737 |
| 2009 | 736 |
| 2010 | 719 |
| 2011 | 685 |
| 2012 | 664 |
| 2013 | 674 |
| 2014 | 676 |
| 2015 | 656 |
| 2016 | 601 |
| 2017 | 570 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 643 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$62,870
Total Employees
9
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH MALCARNE | BUSINESS MANAGER | $206,763 |
| STEVEN CASPER | ASST. BUSINESS MANAGER | $148,933 |
| MARY BETH RUSSO | SECRETARY | $72,836 |
| VANESS ALMEIDA | ADMIN | $54,409 |
| DOUG ALLEN | ASST. BUSINESS MANAGER | $30,983 |
| ROBERT LANESE | TREASURER | $27,846 |
| $19,769 | ||
| JOHN BURKE | PRESIDENT | $2,700 |
| ALLEN MCCONNELL | VICE PRESIDENT | $1,590 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023