International Brotherhood of Electrical Workers, Local 351
Basic Information
Local 351
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 | $22,113,469 |
| Total Liabilities | $562,228 |
| Total Income | $10,430,290 |
| Total Spent | $11,243,802 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,875,719 (-17.3%) |
| Accounts Receivable | $251,527 (-17.6%) |
| Investments | $15,795,970 (+3.3%) |
| Fixed Assets | $2,085,196 (+3.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $105,057 (-54.9%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $877,060 |
| Per Person Tax | $0 |
| Investments | $5,063,727 |
| Supplies | $12,395 |
| Loan Repayment | $0 |
| Interest | $104,098 |
| Dividends | $0 |
| Rents | $9,625 |
| Fees and Fines | $3,714,736 |
| Loans Obtained | $0 |
| Other Receipts | $648,649 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $134,130 |
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
$11,243,802
Spending Overview
Spending Breakdown
| Representational | $1,319,461 (11.74%) |
| Political Activities and Lobbying | $295,730 (2.63%) |
| Contributions, Gifts, and Grants | $371,118 (3.30%) |
| General Overhead | $1,263,226 (11.23%) |
| Union Administration | $283,256 (2.52%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,006,964 (8.96%) |
| To Union Employees | $241,399 (2.15%) |
| 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
1,944
Income per Member
$5,365
Dues (per MONTH)
$21.85-$40.85
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,032 |
| 2003 | 1,955 |
| 2005 | 2,099 |
| 2006 | 1,553 |
| 2007 | 2,139 |
| 2008 | 2,096 |
| 2009 | 2,040 |
| 2010 | 2,075 |
| 2011 | 1,970 |
| 2012 | 2,028 |
| 2013 | 1,909 |
| 2014 | 1,914 |
| 2015 | 2,022 |
| 2016 | 1,943 |
| 2017 | 2,106 |
| 2018 | 2,142 |
| 2019 | 2,058 |
| 2020 | 2,013 |
| 2021 | 1,944 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$102,817
Total Employees
20
Employees Making more than $75,000
11
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DANIEL COSNER | BUS, MGER./FINANCIAL SEC. | $303,915 |
| CHARLES DELLA VECCHIA | PRESIDENT/ASST. BUS. MGR. | $239,728 |
| ROY FOSTER | ASST BUS, MGR/E-BOARD | $236,977 |
| HARRY HELSEL | BUSINESS AGENT/E-BOARD | $192,769 |
| STEVEN DIMATTEO | BUSINESS AGENT/TREASURER | $192,458 |
| JOHN GRAY | BUSINESS AGENT/E-BOARD | $190,277 |
| RYCK SIGNOR | BUSINESS AGENT/REC. SEC. | $178,379 |
| STEPHEN GANDY | BUSINESS AGENT/E-BOARD | $177,824 |
| DONNA ZAJACK | BOOKKEEPER | $89,000 |
| KAROL COHEN | SECRETARY | $89,000 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023