International Brotherhood of Electrical Workers, Local 103
Basic Information
Local 103
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 | $18,307,375 |
| Total Liabilities | $2,628,635 |
| Total Income | $25,014,806 |
| Total Spent | $22,803,404 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $6,169,081 (+55.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $5,339,146 (+1.4%) |
| Fixed Assets | $155,093 (+1.4%) |
| Treasury Securities | $6,644,055 (+16.2%) |
| Other Assets | $0 (-100.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $2,398,054 |
| Accounts Payable | $0 |
| Other Liabilities | $230,581 |
| Mortgages | $0 |
Income
| Dues | $15,885,701 |
| Per Person Tax | $3,451,018 |
| Investments | $3,476,464 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $182,090 |
| Dividends | $64,382 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $1,294,471 |
| Other Receipts | $660,680 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $64,337 |
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
$22,803,404
Spending Overview
Spending Breakdown
| Representational | $6,143,874 (26.94%) |
| Political Activities and Lobbying | $1,203 (0.01%) |
| Contributions, Gifts, and Grants | $409,647 (1.80%) |
| General Overhead | $6,334,032 (27.78%) |
| Union Administration | $10,373 (0.05%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,855,747 (8.14%) |
| To Union Employees | $1,385,476 (6.08%) |
| 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
7,481
Income per Member
$3,344
Dues (per Quarter)
$126
Membership Trend
| Year | Members |
|---|---|
| 2002 | 5,621 |
| 2003 | 5,621 |
| 2004 | 5,695 |
| 2005 | 5,853 |
| 2006 | 5,792 |
| 2007 | 5,683 |
| 2008 | 5,886 |
| 2009 | 5,888 |
| 2010 | 5,751 |
| 2011 | 5,541 |
| 2012 | 5,515 |
| 2013 | 5,521 |
| 2014 | 5,692 |
| 2015 | 6,162 |
| 2016 | 5,936 |
| 2017 | 6,269 |
| 2018 | 6,706 |
| 2019 | 7,315 |
| 2020 | 7,189 |
| 2021 | 7,481 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$92,156
Total Employees
49
Employees Making more than $75,000
26
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $347,473 | ||
| LOUIS ANTONELLIS | BUSINESS MANAGER | $230,870 |
| KEVIN MONAHAN | TREASURER/ ORGANIZER | $183,040 |
| ROBERT SHEEHAN | PRESIDENT | $181,910 |
| JAMES FLEMING | BUSINESS AGENT/ RECORDING | $181,245 |
| FRANK AIKENS | BUSINESS AGENT | $175,926 |
| GARY WALKER | BUSINESS AGENT | $175,926 |
| DAVID O'LAUGHLIN | BUSINESS AGENT | $175,926 |
| JAMES FRASIER | BUSINESS AGENT | $175,926 |
| MATTHEW LASH | DR BUSINESS DEVELOPMENT | $175,926 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Communications | 5 |
| Construction | 2 |
| Arts, Entertainment and Recreation | 1 |
| Utilities | 1 |
| Other | 1 |
| Professional, Scientific &Tech Serv | 1 |