International Brotherhood of Electrical Workers, Local 50
Basic Information
Local 50
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 | $605,735 |
| Total Liabilities | $71,566 |
| Total Income | $2,311,773 |
| Total Spent | $2,767,508 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $577,572 (-44.1%) |
| Accounts Receivable | $8,004 (+195.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $11,980 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $8,179 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $71,566 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $2,272,913 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $3,120 |
| Loan Repayment | $0 |
| Interest | $4,500 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $14,211 |
| Loans Obtained | $0 |
| Other Receipts | $17,029 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $6,092 |
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
$2,767,508
Spending Overview
Spending Breakdown
| Representational | $1,547,878 (55.93%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $3,960 (0.14%) |
| General Overhead | $236,345 (8.54%) |
| Union Administration | $129,812 (4.69%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $481,510 (17.40%) |
| To Union Employees | $553,354 (19.99%) |
| 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
Total Members
2,221
Income per Member
$1,041
Dues (per Month)
$85.42
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,373 |
| 2003 | 3,157 |
| 2004 | 3,025 |
| 2005 | 2,878 |
| 2006 | 2,900 |
| 2007 | 2,870 |
| 2008 | 3,005 |
| 2009 | 3,021 |
| 2010 | 2,692 |
| 2011 | 2,769 |
| 2012 | 2,814 |
| 2013 | 2,881 |
| 2014 | 2,740 |
| 2015 | 2,756 |
| 2016 | 2,800 |
| 2017 | 2,768 |
| 2018 | 2,684 |
| 2019 | 2,337 |
| 2020 | 2,358 |
| 2021 | 2,329 |
| 2022 | 2,221 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$82,067
Total Employees
18
Employees Making more than $75,000
5
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRADLEY STEVENS | PRESIDENT/BUS MGR/ FINSEC | $193,813 |
| JOHN ALBERT | TREASURER | $185,737 |
| JASON DAVIS | VICE PRESIDENT | $161,751 |
| ERIC NAPIER | LEAD BUSINESS REP. | $141,286 |
| JEREMY GETTIER | LEAD BUSINESS REP. | $111,417 |
| MICHAEL BARCLAY | RECORDING SECRETARY | $93,418 |
| CHRISTOPHER HENDERSON | BUSINESS REPRESENTATIVE | $85,585 |
| ADAM HOWLETT | BUSINESS REPRESENTATIVE | $79,635 |
| $63,619 | ||
| JULIE WEST | OFFICE MANAGER | $63,349 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023