International Brotherhood of Electrical Workers, System Council 7 - Railroad
Basic Information
Local 7
(RAILROAD)
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 | $1,544,635 |
| Total Liabilities | $28,609 |
| Total Income | $2,799,148 |
| Total Spent | $2,617,535 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,479,945 (+14.0%) |
| Accounts Receivable | $17,178 (-12.6%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $6,818 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $40,694 (+8.9%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $28,609 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $1,237,718 |
| Per Person Tax | $0 |
| Investments | $2,520 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $19,517 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $190 |
| Loans Obtained | $0 |
| Other Receipts | $7,588 |
| Affiliates | $1,531,615 |
| 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
$2,617,535
Spending Overview
Spending Breakdown
| Representational | $536,045 (20.48%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $200 (0.01%) |
| General Overhead | $38,023 (1.45%) |
| Union Administration | $124,938 (4.77%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $260,994 (9.97%) |
| To Union Employees | $88,165 (3.37%) |
| 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
3,250
Income per Member
$861
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,900 |
| 2003 | 3,000 |
| 2004 | 3,000 |
| 2005 | 3,000 |
| 2006 | 3,000 |
| 2007 | 3,000 |
| 2008 | 3,000 |
| 2009 | 3,000 |
| 2010 | 3,000 |
| 2011 | 3,000 |
| 2012 | 3,000 |
| 2013 | 3,000 |
| 2014 | 3,200 |
| 2015 | 3,282 |
| 2016 | 3,250 |
| 2017 | 3,250 |
| 2018 | 3,250 |
| 2019 | 3,250 |
| 2020 | 3,250 |
| 2021 | 3,250 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$53,652
Total Employees
11
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ARTHUR DAVIDSON | GENERAL CHAIRMAN | $164,371 |
| STEVEN CORRADO | SECRETARY TREASURER | $145,706 |
| DANIEL LIRETTE | VICE CHAIRMAN | $133,102 |
| DENISE FICCHI | ADMIN ASST | $106,839 |
| RITA BRADY | ADMIN ASST | $32,557 |
| DAVID ORTIZ | EXECUTIVE BOARD | $1,444 |
| ROGER ROSE | ASST CHAIRMAN | $1,441 |
| ANDREW MANNION | EXECUTIVE BOARD | $1,250 |
| ED DEC | EXECUTIVE BOARD | $1,230 |
| MICHAEL ALLEN | EXECUTIVE BOARD | $1,168 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023