International Brotherhood of Electrical Workers, Local 350
Basic Information
Local 350
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 | $842,228 |
| Total Liabilities | $0 |
| Total Income | $211,709 |
| Total Spent | $223,778 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $830,978 (-1.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $11,250 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $208,778 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $885 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $2,046 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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.
Total Spent in 2022
$223,778
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $450 (0.20%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $65,517 (29.28%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $1,080 (0.48%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
64
Income per Member
$3,308
Dues (per MO)
$43
Membership Trend
| Year | Members |
|---|---|
| 2002 | 72 |
| 2003 | 70 |
| 2004 | 67 |
| 2005 | 68 |
| 2006 | 65 |
| 2007 | 60 |
| 2008 | 67 |
| 2009 | 67 |
| 2010 | 67 |
| 2011 | 69 |
| 2012 | 64 |
| 2013 | 67 |
| 2014 | 67 |
| 2015 | 63 |
| 2016 | 61 |
| 2017 | 61 |
| 2018 | 61 |
| 2019 | 64 |
| 2020 | 64 |
| 2021 | 64 |
| 2022 | 64 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$24,267
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WILLIAM TATE | BUSINESS AGENT | $52,144 |
| MATHEW KROEGER | BUSINESS AGENT | $44,022 |
| RICHARD SWON | TREASURER | $900 |
| GEORGE FOGLE | PRESIDENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023