International Brotherhood of Electrical Workers, Local 725
Basic Information
Local 725
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 | $6,076,351 |
| Total Liabilities | $3,096 |
| Total Income | $2,209,384 |
| Total Spent | $1,977,168 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,292,629 (+11.3%) |
| Accounts Receivable | $402 (-79.5%) |
| Investments | $1,524,295 (-8.2%) |
| Fixed Assets | $795,511 (-8.2%) |
| Treasury Securities | $1,438,306 (+3.9%) |
| Other Assets | $25,208 (+13.5%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $3,096 |
| Mortgages | $0 |
Income
| Dues | $2,049,559 |
| Per Person Tax | $0 |
| Investments | $39,173 |
| Supplies | $13,720 |
| Loan Repayment | $0 |
| Interest | $63,947 |
| Dividends | $5,727 |
| Rents | $0 |
| Fees and Fines | $14,110 |
| Loans Obtained | $0 |
| Other Receipts | $22,532 |
| Affiliates | $0 |
| Members | $616 |
| Reinvestments | $3,214,871 |
| All Others | $12,532 |
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
$1,977,168
Spending Overview
Spending Breakdown
| Representational | $468,814 (23.71%) |
| Political Activities and Lobbying | $63,026 (3.19%) |
| Contributions, Gifts, and Grants | $67,142 (3.40%) |
| General Overhead | $15,905 (0.80%) |
| Union Administration | $493,518 (24.96%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $108,992 (5.51%) |
| To Union Employees | $302,973 (15.32%) |
| 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
966
Income per Member
$2,287
Dues (per QUARTER)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 645 |
| 2003 | 648 |
| 2004 | 663 |
| 2005 | 669 |
| 2006 | 840 |
| 2007 | 847 |
| 2008 | 829 |
| 2009 | 836 |
| 2010 | 846 |
| 2011 | 839 |
| 2012 | 851 |
| 2013 | 847 |
| 2014 | 863 |
| 2015 | 878 |
| 2016 | 845 |
| 2017 | 864 |
| 2018 | 905 |
| 2019 | 918 |
| 2020 | 943 |
| 2021 | 960 |
| 2022 | 966 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$28,732
Total Employees
21
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| R. TODD THACKER | BUS MGR/ FINL SECY | $134,364 |
| JAMES FELLOWS | BUSINESS REPRESENTATIVE | $104,292 |
| CHRISTOPHER FOX | BUSINESS REPRESENTATIVE | $102,425 |
| BRENT MCCOY | BUSINESS REPRESENTATIVE | $101,521 |
| STACY THOMPSON | ADMINISTRATIVE ASSISTANT | $69,075 |
| TASHA HAYNE | CLERICAL | $56,932 |
| $10,444 | ||
| KEVIN STEWART | PRESIDENT | $9,156 |
| ERIC BIERNBAUM | EXECUTIVE BOARD | $6,129 |
| NATHAN BARTLETT | RECORDING SECRETARY | $1,869 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023