International Brotherhood of Electrical Workers, Local 697
Basic Information
Local 697
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 | $11,385,912 |
| Total Liabilities | $5 |
| Total Income | $2,884,021 |
| Total Spent | $3,236,572 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,341,094 (-20.8%) |
| Accounts Receivable | $2,814 (-11.4%) |
| Investments | $5,592,426 (+86.7%) |
| Fixed Assets | $2,162,161 (+86.7%) |
| Treasury Securities | $1,394,774 (-59.5%) |
| Other Assets | $892,643 (+1.4%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $5 |
| Mortgages | $0 |
Income
| Dues | $2,168,986 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $127,791 |
| Dividends | $6,174 |
| Rents | $0 |
| Fees and Fines | $200,366 |
| Loans Obtained | $0 |
| Other Receipts | $101,199 |
| Affiliates | $50,086 |
| Members | $229,419 |
| Reinvestments | $6,075,453 |
| All Others | $70,045 |
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
$3,236,572
Spending Overview
Spending Breakdown
| Representational | $660,119 (20.40%) |
| Political Activities and Lobbying | $25,315 (0.78%) |
| Contributions, Gifts, and Grants | $112,021 (3.46%) |
| General Overhead | $2,551 (0.08%) |
| Union Administration | $468,060 (14.46%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $242,630 (7.50%) |
| To Union Employees | $236,565 (7.31%) |
| 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
1,354
Income per Member
$2,130
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,053 |
| 2003 | 1,002 |
| 2004 | 991 |
| 2005 | 1,392 |
| 2006 | 1,421 |
| 2007 | 1,354 |
| 2008 | 1,450 |
| 2009 | 1,463 |
| 2010 | 1,335 |
| 2011 | 1,386 |
| 2012 | 1,358 |
| 2013 | 1,397 |
| 2014 | 1,405 |
| 2015 | 1,447 |
| 2016 | 1,364 |
| 2017 | 1,311 |
| 2018 | 1,314 |
| 2019 | 1,315 |
| 2020 | 1,271 |
| 2021 | 1,350 |
| 2022 | 1,354 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$32,232
Total Employees
20
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOREE RICHARDS | BUSINESS MGR/FIN SEC'Y | $161,796 |
| NICK HARDESTY | BUSINESS AGENT | $134,001 |
| FELIPE HERNANDEZ | TREASURER/BUSINESS AGENT | $133,123 |
| CAROLYN VANDYKE | BOOKKEEPER | $74,796 |
| DIANA OSTOICH | SECRETARY | $61,398 |
| BRITTANY BRANN | SECRETARY | $31,853 |
| AIMEE HENSON | SECRETARY | $10,202 |
| CURT LESNICK | PRESIDENT | $9,770 |
| $9,240 | ||
| DAVID ZIEGLER | RECORDING SECRETARY | $5,468 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023