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Union Facts

International Brotherhood of Electrical Workers, Local 426

Basic Information

Local 426

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
3725 N 4th Avenue
SIOUX FALLS, SD 57104

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 $4,924,102
Total Liabilities $40,112
Total Income $1,885,629
Total Spent $1,389,109

Total Assets Trend

Assets (Change from previous report)

Cash $2,193,388 (+29.3%)
Accounts Receivable $45 (-99.2%)
Investments $3,000 (0.0%)
Fixed Assets $2,727,669 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $14,990
Other Liabilities $25,122
Mortgages $0

Income

Dues $660,203
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $5,824
Dividends $0
Rents $9,750
Fees and Fines $1,200,304
Loans Obtained $0
Other Receipts $9,548
Affiliates $0
Members $0
Reinvestments $0
All Others $9,548

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 $299,762 (21.58%)
Political Activities and Lobbying $500 (0.04%)
Contributions, Gifts, and Grants $10,091 (0.73%)
General Overhead $316,569 (22.79%)
Union Administration $242,161 (17.43%)
Strike Benefits $0 (0.00%)
To Union Officers $244,427 (17.60%)
To Union Employees $145,729 (10.49%)
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
2002563
2003574
2004599
2005632
2006636
2007643
2008668
2009637
2010635
2011624
2012654
2013659
2014635
2015559
2016712
2017690
2018862
2019774
2020785
2021931
2022856

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
CURTIS NELSONPRESIDENT (PREVIOUS ORG.)$97,530
KORY RAWSTERNPAST BUSINESS MANAGER$82,221
JENA HEALYOFFICE MANAGER$63,218
DYLAN MEYERBUSINESS MANAGER/FINANCE$55,613
MORGAN FISCHEROFFICE MANAGER$53,165
SHANE LARSONORGANIZER$38,414
DENNIS KLEINN/A$36,043
$25,426
JARED BRAZEEEXECUTIVE BOARD (PV PRES)$3,250
JEFF BRANSONEXECUTIVE BOARD$1,341

Source: Office of Labor Management Standards

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

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Utilities33
Communications1