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Union Facts

International Brotherhood of Electrical Workers, Local 1505

Basic Information

Local 1505

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
2 RAININ ROAD
WOBURN, MA 1801

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 $1,640,808
Total Liabilities $209,210
Total Income $1,599,951
Total Spent $1,368,206

Total Assets Trend

Assets (Change from previous report)

Cash $1,127,446 (+25.9%)
Accounts Receivable $129,605 (+4.4%)
Investments $40 (0.0%)
Fixed Assets $383,717 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $52,227
Other Liabilities $7,793
Mortgages $149,190

Income

Dues $1,555,265
Per Person Tax $0
Investments $0
Supplies $16,526
Loan Repayment $0
Interest $10
Dividends $0
Rents $21,175
Fees and Fines $0
Loans Obtained $0
Other Receipts $6,975
Affiliates $0
Members $0
Reinvestments $0
All Others $6,975

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.

Spending Overview

Spending Breakdown

Representational $398,832 (29.15%)
Political Activities and Lobbying $38,767 (2.83%)
Contributions, Gifts, and Grants $4,780 (0.35%)
General Overhead $98,419 (7.19%)
Union Administration $131,699 (9.63%)
Strike Benefits $0 (0.00%)
To Union Officers $293,228 (21.43%)
To Union Employees $47,930 (3.50%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
20023,000
20032,100
20042,069
20052,075
20062,000
20071,843
20081,900
20091,950
20102,057
20112,134
20122,275
20132,291
20142,177
20152,067
20161,805
20171,799
20181,900
20192,105
20202,309
20212,430
20222,252

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MICHAEL ZAGAMIBUSINESS MNGR. /FIN. SEC.$137,669
JOHN BRUNOVICE PRESIDENT$119,048
KEVIN LEGEREPRESIDENT$118,674
$47,930
KAITLIN FLORESEXECUTIVE BOARD$5,672
ANGELA VACHONTREASURER$5,304
KELLIE DEMARKISRECORDING SECRETARY$5,086
RYAN SCIUTOEXECUTIVE BOARD$4,540
WILLIAM PHELPSTREASURER$4,503
KEVIN CASHELL JR.EXECUTIVE BOARD$4,292

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing2
Aerospace1