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Union Facts

International Brotherhood of Electrical Workers, Local 723

Basic Information

Local 723

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
8113 Lima Road Suite A
FORT WAYNE, IN 46818

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 $201,525
Total Liabilities $9,220
Total Income $388,627
Total Spent $439,565

Total Assets Trend

Assets (Change from previous report)

Cash $197,259 (-20.5%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $659 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $3,607 (+48.7%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $9,144
Other Liabilities $76
Mortgages $0

Income

Dues $388,584
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $43
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: 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.

Spending Overview

Spending Breakdown

Representational $81,082 (18.45%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $200 (0.05%)
General Overhead $102,294 (23.27%)
Union Administration $86,262 (19.62%)
Strike Benefits $0 (0.00%)
To Union Officers $111,323 (25.33%)
To Union Employees $47,251 (10.75%)
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

Membership Trend

YearMembers
20021,800
20031,500
20041,395
20051,465
20061,459
20071,450
20081,314
20091,133
20101,087
20111,236
20121,291
20131,083
2014990
2015946
20161,058
2017818
2018676
2019507
2020439
2021395

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
ZACHARY TAYLORBUSINESS MANAGER$111,469
NANCY BAYOFFICE MANAGER$57,215
JERROD CARLISLEEXECUTIVE BOARD$5,175
JEREMY SWALLSEXECUTIVE BORAD$4,619
MARK HERALDEXECUTIVE BOARD$4,417
JASON PILSONEXECUTIVE BOARD$3,998
DANIEL TOLOMAYPRESIDENT$3,199
JASON CARTEREXECUTIVE BOARD$3,034
$2,000
CARY BUCHERVICE PRESIDENT$1,200

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

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