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Union Facts

International Brotherhood of Electrical Workers, Local 24

Basic Information

Local 24

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
2701 WEST PATAPSCO AVE
BALTIMORE, MD 21230

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 $10,100,238
Total Liabilities $35,927
Total Income $5,282,659
Total Spent $4,513,451

Total Assets Trend

Assets (Change from previous report)

Cash $6,346,416 (+13.8%)
Accounts Receivable $0 (0.0%)
Investments $1,868,587 (+7.5%)
Fixed Assets $219,109 (+7.5%)
Treasury Securities $213,088 (-27.4%)
Other Assets $0 (0.0%)
Loans Receivable $1,453,038 (-2.1%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $35,927
Mortgages $0

Income

Dues $4,422,450
Per Person Tax $0
Investments $667,823
Supplies $14,276
Loan Repayment $30,519
Interest $102,897
Dividends $0
Rents $0
Fees and Fines $11,010
Loans Obtained $0
Other Receipts $33,684
Affiliates $0
Members $0
Reinvestments $0
All Others $33,684

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.

Spending Overview

Spending Breakdown

Representational $1,005,996 (22.29%)
Political Activities and Lobbying $28,283 (0.63%)
Contributions, Gifts, and Grants $24,804 (0.55%)
General Overhead $955,855 (21.18%)
Union Administration $257,440 (5.70%)
Strike Benefits $0 (0.00%)
To Union Officers $688,334 (15.25%)
To Union Employees $485,427 (10.76%)
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

Membership Trend

YearMembers
20021,989
20031,968
20041,970
20051,986
20062,008
20072,084
20082,127
20092,234
20102,263
20112,313
20122,207
20132,154
20142,020
20151,933
20161,863
20171,892
20181,913
20191,954
20201,985
20212,134

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MICHAEL MCHALEBUSINESS MANAGER$133,078
NICK CARUSOMEMBERSHIP DEVELOPMENT$125,274
BALFOUR ALBACARYSEXECUTIVE BOARD/MEM. DEV.$125,057
JONATHAN MCLAUGHLINMEMBERSHIP DEVELOPMENT$124,932
NICHOLAS DIMARTINOEXAMINING BOARD/MEM. DEV.$124,229
CHARLES CURRERIPRESIDENT/ASST. BUS AGENT$124,171
MICHAEL AZZARELLOTREASURER/ASST. BUS AGENT$122,986
CARMEN VOSOASSISTANT BUSINESS AGENT$110,305
CORY MCCRAYEXECUTIVE BOARD/MEM. DEV.$97,395
PETER DEMCHUCKFORMER BUSINESS MANAGER$86,519

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing5
Other1