International Brotherhood of Electrical Workers, Local 1959
Basic Information
Local 1959
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 | $118,455 |
| Total Liabilities | $591 |
| Total Income | $134,332 |
| Total Spent | $127,642 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $118,455 (+6.1%) |
| 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 | $591 |
| Mortgages | $0 |
Income
| Dues | $134,310 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $22 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$127,642
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,654 (1.30%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $63,283 (49.58%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $537 (0.42%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
150
Income per Member
$896
Dues (per month)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 124 |
| 2003 | 124 |
| 2004 | 125 |
| 2005 | 120 |
| 2006 | 125 |
| 2007 | 125 |
| 2008 | 126 |
| 2009 | 128 |
| 2010 | 130 |
| 2011 | 133 |
| 2012 | 133 |
| 2013 | 128 |
| 2014 | 128 |
| 2015 | 135 |
| 2016 | 151 |
| 2017 | 155 |
| 2018 | 155 |
| 2019 | 160 |
| 2020 | 160 |
| 2021 | 150 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,328
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| THOMAS HOLMSTROM | BUSINESS MANAGER | $42,603 |
| JAMES WEISS | TREASURER | $10,868 |
| PAUL EILER | PRESIDENT/GCC-1 REP | $9,203 |
| MICHAEL PAUP | RECORDING SECRETARY | $609 |
| KERRY KILEN | EXECUTIVE BOARD | $0 |
| JESSE BRIGGS | EXECUTIVE BOARD | $0 |
| SCOTT JAACK | VICE | $0 |
| JASON BURFEINDT | EXECUTIVE BOARD | $0 |
| TIM AHLERS | EXECUTIVE BOARD | $0 |
| TROY JUNGEN | EXECUTIVE BOARD | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023