International Brotherhood of Electrical Workers, Local 176
Basic Information
Local 176
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 | $10,043,292 |
| Total Liabilities | $413,154 |
| Total Income | $5,142,372 |
| Total Spent | $5,115,696 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,784,729 (+0.7%) |
| Accounts Receivable | $386,806 (-9.2%) |
| Investments | $2,480,596 (-11.4%) |
| Fixed Assets | $3,251,159 (-11.4%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $140,002 (-20.1%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $4,719,791 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $38,927 |
| Loan Repayment | $0 |
| Interest | $41,633 |
| Dividends | $63,571 |
| Rents | $95,083 |
| Fees and Fines | $53,717 |
| Loans Obtained | $0 |
| Other Receipts | $129,650 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $73,221 |
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
$5,115,696
Spending Overview
Spending Breakdown
| Representational | $1,082,308 (21.16%) |
| Political Activities and Lobbying | $138,529 (2.71%) |
| Contributions, Gifts, and Grants | $66,144 (1.29%) |
| General Overhead | $490,253 (9.58%) |
| Union Administration | $940,977 (18.39%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $173,906 (3.40%) |
| To Union Employees | $795,804 (15.56%) |
| 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
1,219
Income per Member
$4,219
Dues (per QUARTER)
$138
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,596 |
| 2003 | 1,616 |
| 2004 | 1,639 |
| 2005 | 1,630 |
| 2006 | 1,619 |
| 2007 | 1,770 |
| 2008 | 1,640 |
| 2009 | 1,603 |
| 2010 | 1,536 |
| 2011 | 1,470 |
| 2012 | 1,406 |
| 2013 | 1,361 |
| 2014 | 1,321 |
| 2015 | 1,274 |
| 2016 | 1,245 |
| 2017 | 1,254 |
| 2018 | 1,245 |
| 2019 | 1,223 |
| 2020 | 1,207 |
| 2021 | 1,215 |
| 2022 | 1,219 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$39,084
Total Employees
38
Employees Making more than $75,000
7
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ANDRES RICO | BUSINESS MANAGER | $150,310 |
| DERIC WILKINS | ASST BUSINESS MANAGER | $143,259 |
| FLOYD JONES | ASST BUSINESS MANAGER | $142,824 |
| BARRY ALDRICH | ASST BUSINESS MANAGER | $142,498 |
| JAMES LOCKHART | ASST BUSINESS MANAGER | $142,075 |
| SCOTT SMITH | ASST BUSINESS MANAGER | $141,997 |
| JUAN RICO | ASST BUSINESS MANAGER | $116,852 |
| RYAN ALDRICH | ASST BUSINESS MANAGER | $78,030 |
| MICHAEL CLEMMONS | BUSINESS MANAGER | $76,467 |
| MARGARET BASS | OFFICE STAFF | $71,289 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023