International Brotherhood of Electrical Workers, Local 1431
Basic Information
Local 1431
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 | $100,255 |
| Total Liabilities | $0 |
| Total Income | $67,946 |
| Total Spent | $61,119 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $100,255 (+7.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| 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 | $67,946 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$61,119
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $28,870 (47.24%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $6,288 (10.29%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
54
Income per Member
$1,258
Dues (per MONTH)
2 X HR SAL
Membership Trend
| Year | Members |
|---|---|
| 2002 | 252 |
| 2003 | 219 |
| 2004 | 199 |
| 2005 | 191 |
| 2006 | 172 |
| 2007 | 171 |
| 2008 | 157 |
| 2009 | 126 |
| 2010 | 105 |
| 2011 | 125 |
| 2012 | 103 |
| 2013 | 165 |
| 2014 | 150 |
| 2015 | 141 |
| 2016 | 158 |
| 2017 | 151 |
| 2018 | 142 |
| 2019 | 139 |
| 2020 | 128 |
| 2021 | 99 |
| 2022 | 54 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,625
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TROY STRICKLAND | PRESIDENT | $12,851 |
| JASON BANE | FINANCIAL SECRETARY | $10,331 |
| TIMOTHY GROVES | TREASURER | $2,749 |
| CLIFFORD SMITH | VICE-PRESIDENT | $950 |
| ROYCE MCCOLLISTER | RECORDING SECRETARY | $940 |
| STEPHEN TURNER | EXECUTIVE BOARD | $472 |
| TED AIKEN | EXECUTIVE BOARD | $375 |
| WILLIAM ERB | EXECUTIVE BOARD | $152 |
| HAROLD BENNETT | EXECUTIVE BOARD | $50 |
| ROBERT ATKINSON | EXECUTIVE BOARD | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023