International Brotherhood of Electrical Workers, Local 714
Basic Information
Local 714
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 | $22,719,452 |
| Total Liabilities | $0 |
| Total Income | $3,542,851 |
| Total Spent | $4,954,822 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,843,952 (-26.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $13,608,647 (+17.5%) |
| Fixed Assets | $5,266,853 (+17.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $1,288,140 |
| Per Person Tax | $0 |
| Investments | $1,507,212 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $125,941 |
| Dividends | $541,601 |
| Rents | $6,650 |
| Fees and Fines | $29,250 |
| Loans Obtained | $0 |
| Other Receipts | $44,057 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $549,880 |
| All Others | $44,057 |
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
$4,954,822
Spending Overview
Spending Breakdown
| Representational | $726,955 (14.67%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $17,530 (0.35%) |
| General Overhead | $224,437 (4.53%) |
| Union Administration | $169,075 (3.41%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $96,910 (1.96%) |
| To Union Employees | $428,460 (8.65%) |
| 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
835
Income per Member
$4,243
Dues (per month)
$44
Membership Trend
| Year | Members |
|---|---|
| 2002 | 459 |
| 2003 | 455 |
| 2005 | 486 |
| 2006 | 516 |
| 2007 | 526 |
| 2008 | 555 |
| 2009 | 599 |
| 2010 | 563 |
| 2011 | 580 |
| 2012 | 602 |
| 2013 | 656 |
| 2014 | 695 |
| 2015 | 660 |
| 2016 | 744 |
| 2017 | 745 |
| 2018 | 772 |
| 2019 | 850 |
| 2020 | 786 |
| 2021 | 835 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$44,268
Total Employees
15
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RANDY BARTSCH | BUSINESS MANAGER | $139,226 |
| ANTHONY WEBB | PRESIDENT/ORGANIZER | $119,603 |
| ROBERT WOLF | ORGANIZER | $119,263 |
| CLAY NAGEL | ORGANIZER | $116,858 |
| JANEL WINKELS | OFFICE MANAGER | $67,332 |
| BARBARA DASENKO | OFFICE MANAGER | $67,332 |
| $34,411 | ||
| LEVI WUNDERLICH | EXECUTIVE BOARD | $0 |
| WADE GOLDADE | EXECUTIVE BOARD | $0 |
| NATHAN FAGERLAND | VICE PRESENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Utilities | 2 |
| Not Provided | 1 |
| Communications | 1 |
| Information | 1 |