International Brotherhood of Electrical Workers, Local 481
Basic Information
Local 481
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 | $8,923,598 |
| Total Liabilities | $3,879 |
| Total Income | $7,932,469 |
| Total Spent | $7,845,738 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,350,383 (+6.9%) |
| Accounts Receivable | $48,918 (+67.7%) |
| Investments | $5,811,795 (+18.6%) |
| Fixed Assets | $1,547,020 (+18.6%) |
| Treasury Securities | $94,607 (-6.2%) |
| Other Assets | $70,875 (+76.3%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $3,879 |
| Mortgages | $0 |
Income
| Dues | $5,639,284 |
| Per Person Tax | $0 |
| Investments | $1,278,349 |
| Supplies | $19,838 |
| Loan Repayment | $0 |
| Interest | $103,791 |
| Dividends | $23,269 |
| Rents | $185,482 |
| Fees and Fines | $291 |
| Loans Obtained | $0 |
| Other Receipts | $500,507 |
| Affiliates | $0 |
| Members | $181,658 |
| Reinvestments | $0 |
| All Others | $77,817 |
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
$7,845,738
Spending Overview
Spending Breakdown
| Representational | $1,288,809 (16.43%) |
| Political Activities and Lobbying | $3,921 (0.05%) |
| Contributions, Gifts, and Grants | $106,185 (1.35%) |
| General Overhead | $119,120 (1.52%) |
| Union Administration | $1,601,596 (20.41%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $184,466 (2.35%) |
| To Union Employees | $678,053 (8.64%) |
| 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
3,444
Income per Member
$2,303
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,270 |
| 2003 | 2,299 |
| 2004 | 2,445 |
| 2005 | 2,925 |
| 2006 | 2,964 |
| 2007 | 3,099 |
| 2008 | 3,073 |
| 2009 | 3,323 |
| 2010 | 3,236 |
| 2011 | 3,215 |
| 2012 | 3,159 |
| 2013 | 3,176 |
| 2014 | 3,089 |
| 2015 | 3,315 |
| 2016 | 3,293 |
| 2017 | 3,264 |
| 2018 | 3,236 |
| 2019 | 3,430 |
| 2020 | 3,514 |
| 2021 | 3,444 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$49,278
Total Employees
25
Employees Making more than $75,000
8
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JEFF WHEELER | FIN'L SECY/BUSINESS MGR | $115,120 |
| JASON MCINTOSH | BUSINESS REP | $111,344 |
| JON HOOKER | BUSINESS REP | $111,269 |
| JASON BURCHAM | BUSINESS REP | $108,378 |
| BLAKE ANDREWS | TREASURER/ASST BUS MGR | $108,096 |
| DOMINIC COLLINS | BUSINESS REP | $107,985 |
| KEITH CAULK | BUSINESS REP | $107,161 |
| LANCE BRADBURY | BUSINESS REP | $105,903 |
| MEGHAN EHRGOTT | BOOKKEEPER | $69,700 |
| CARRIE ALLEN | CLERICAL | $65,575 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023