International Brotherhood of Electrical Workers, Local 306
Basic Information
Local 306
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 | $2,040,506 |
| Total Liabilities | $33,824 |
| Total Income | $1,621,012 |
| Total Spent | $1,823,816 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $872,237 (-18.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $631,529 (+0.8%) |
| Fixed Assets | $536,740 (+0.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $348,834 |
| Per Person Tax | $0 |
| Investments | $13,500 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $27,470 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $1,127,010 |
| Loans Obtained | $28,004 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $76,194 |
| Reinvestments | $0 |
| All Others | $0 |
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
$1,823,816
Spending Overview
Spending Breakdown
| Representational | $440,614 (24.16%) |
| Political Activities and Lobbying | $10,876 (0.60%) |
| Contributions, Gifts, and Grants | $18,640 (1.02%) |
| General Overhead | $373,691 (20.49%) |
| Union Administration | $145,484 (7.98%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $245,508 (13.46%) |
| To Union Employees | $87,758 (4.81%) |
| 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
658
Income per Member
$2,464
Dues (per MONTH)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 768 |
| 2003 | 800 |
| 2004 | 780 |
| 2005 | 757 |
| 2006 | 788 |
| 2007 | 772 |
| 2008 | 740 |
| 2009 | 716 |
| 2010 | 724 |
| 2011 | 727 |
| 2012 | 672 |
| 2013 | 691 |
| 2014 | 696 |
| 2015 | 702 |
| 2016 | 696 |
| 2017 | 678 |
| 2018 | 751 |
| 2019 | 810 |
| 2020 | 594 |
| 2021 | 658 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$22,115
Total Employees
22
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL MIGHT | BUS MANAGER/FIN SECY | $111,074 |
| MARK DOUGLAS JR | ASST BUSINESS MANAGER | $106,445 |
| CODY ULMER | ORGANIZER | $78,322 |
| KRISTINA YOUNG | OFFICE MANAGER | $46,606 |
| SHARON HUDDLESTON | SECRETARY | $31,510 |
| THOMAS WRIGHT | ORGANIZER | $30,132 |
| JAMES DECKERT | PRESIDENT | $18,552 |
| SHELBY KELLAR | SECRETARY | $17,048 |
| SHERALYN SMITH | SECRETARY | $14,382 |
| $7,158 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023