International Brotherhood of Electrical Workers, Local 271
Basic Information
Local 271
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 | $3,165,752 |
| Total Liabilities | $56,077 |
| Total Income | $2,563,562 |
| Total Spent | $2,494,295 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $593,545 (+13.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $2,438,282 (+3.5%) |
| Fixed Assets | $110,074 (+3.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $23,851 (-24.7%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $440,487 |
| Per Person Tax | $0 |
| Investments | $1,171,657 |
| Supplies | $17,352 |
| Loan Repayment | $0 |
| Interest | $32,163 |
| Dividends | $31,703 |
| Rents | $0 |
| Fees and Fines | $870,200 |
| 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.
Total Spent in 2021
$2,494,295
Spending Overview
Spending Breakdown
| Representational | $186,442 (7.47%) |
| Political Activities and Lobbying | $12,807 (0.51%) |
| Contributions, Gifts, and Grants | $63,455 (2.54%) |
| General Overhead | $340,108 (13.64%) |
| Union Administration | $110,434 (4.43%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $128,013 (5.13%) |
| To Union Employees | $258,989 (10.38%) |
| 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
848
Income per Member
$3,023
Dues (per Month)
$42
Membership Trend
| Year | Members |
|---|---|
| 2002 | 850 |
| 2003 | 802 |
| 2004 | 882 |
| 2005 | 812 |
| 2006 | 911 |
| 2007 | 928 |
| 2008 | 930 |
| 2009 | 960 |
| 2010 | 904 |
| 2011 | 882 |
| 2012 | 888 |
| 2013 | 700 |
| 2014 | 909 |
| 2015 | 939 |
| 2016 | 910 |
| 2017 | 932 |
| 2018 | 939 |
| 2019 | 939 |
| 2020 | 894 |
| 2021 | 848 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$21,500
Total Employees
18
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RUSSELL KENNEDY | BUSINESS MANAGER | $112,532 |
| DAVID BISHOP | ORGANIZER | $93,196 |
| RICHARD POWELL | ASST. BUSINESS MANAGER | $92,697 |
| HEIDI SCHULZE | OFFICE MANAGER | $73,096 |
| DAVID KALITTA | PRESIDENT | $4,422 |
| MICHAEL MEYER | RECORDING SECRETARY | $2,336 |
| TERESA BRANSCUM | TREASURER | $2,336 |
| BRYAN WALTER | EXECUTIVE BOARD | $1,381 |
| JORDAN NOLAN | EXECUTIVE BOARD | $1,148 |
| THOMAS FORD | EXECUTIVE BOARD | $943 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023