International Brotherhood of Electrical Workers, Local 840
Basic Information
Local 840
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 | $1,859,513 |
| Total Liabilities | $3,629 |
| Total Income | $620,491 |
| Total Spent | $532,747 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,859,513 (+5.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $3,629 |
| Mortgages | $0 |
Income
| Dues | $605,694 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $1,665 |
| Loan Repayment | $0 |
| Interest | $6,527 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $6,605 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $6,605 |
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
$532,747
Spending Overview
Spending Breakdown
| Representational | $122,209 (22.94%) |
| Political Activities and Lobbying | $21,435 (4.02%) |
| Contributions, Gifts, and Grants | $9,450 (1.77%) |
| General Overhead | $158,283 (29.71%) |
| Union Administration | $38,075 (7.15%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $6,018 (1.13%) |
| To Union Employees | $130,052 (24.41%) |
| 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
174
Income per Member
$3,566
Dues (per quarter)
$119
Membership Trend
| Year | Members |
|---|---|
| 2005 | 121 |
| 2006 | 121 |
| 2007 | 128 |
| 2008 | 135 |
| 2009 | 126 |
| 2010 | 123 |
| 2011 | 124 |
| 2012 | 130 |
| 2013 | 132 |
| 2014 | 157 |
| 2015 | 137 |
| 2016 | 154 |
| 2017 | 155 |
| 2018 | 161 |
| 2019 | 171 |
| 2020 | 182 |
| 2021 | 179 |
| 2022 | 174 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$14,166
Total Employees
12
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHARLIE RANDALL | ORGANIZER | $104,309 |
| MICHAEL DAVIS | BUSINESS MANAGER | $59,665 |
| MICHAEL SMITH | RECORDING SECRETARY | $2,620 |
| RYAN POLMANTEER | EXECUTIVE BOARD | $1,886 |
| ALEXANDER JACKSON | EXECUTIVE BOARD | $1,246 |
| RYAN DAVIS | PRESIDENT | $146 |
| STEVE ROSS | EXECUTIVE BOARD | $120 |
| FRANK DECOOK | EXECUTIVE BOARD | $0 |
| PATRICK CONNOR III | VICE PRESIDENT | $0 |
| WESLEY BENNETT | TREASURER | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023