Center for Union Facts logo

Union Facts

International Brotherhood of Electrical Workers, Local 55

Basic Information

Local 55

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
1435 NE 54 AVE
DES MOINES, IA 50313

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 $13,430,984
Total Liabilities $17,123
Total Income $8,305,241
Total Spent $10,418,537

Total Assets Trend

Assets (Change from previous report)

Cash $1,145,113 (-64.9%)
Accounts Receivable $0 (0.0%)
Investments $7,823,638 (-15.7%)
Fixed Assets $1,510,285 (-15.7%)
Treasury Securities $2,920,244 (0.0%)
Other Assets $31,704 (+81.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $7,221
Other Liabilities $9,902
Mortgages $0

Income

Dues $2,898,005
Per Person Tax $0
Investments $5,012,367
Supplies $8,111
Loan Repayment $0
Interest $30,601
Dividends $335,992
Rents $700
Fees and Fines $8,049
Loans Obtained $0
Other Receipts $11,416
Affiliates $0
Members $0
Reinvestments $0
All Others $11,416

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 $563,685 (5.41%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $58,040 (0.56%)
General Overhead $363,351 (3.49%)
Union Administration $259,807 (2.49%)
Strike Benefits $0 (0.00%)
To Union Officers $608,714 (5.84%)
To Union Employees $25,667 (0.25%)
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

Membership Trend

YearMembers
2002446
2003446
2004446
2005595
2006640
2007623
2008679
2009754
2010671
2011766
2012785
2013805
2014845
2015894
2016958
20171,008
20181,048
20191,048
20201,174
20211,042
20221,048

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MICHAEL SAWYERBUSINESS MANAGER$167,407
SHANE NELSONASST BUSINESS MANAGER$162,763
CODY EIGENHEERASST BUSINESS MANAGER$156,747
RUSSELL MCCUENASST BUSINESS MANAGER$156,139
TERRI VITIRITTOTREASURER$123,011
RHONDA FUCALORORECORDING SECRETARY$77,950
CHRISTINA FUCALOROOFFICE$22,681
$8,411
KEVIN JOHNSONEXECUTIVE BOARD$714
JAMES BLAIRPRESIDENT$400

Source: Office of Labor Management Standards

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