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Union Facts

International Brotherhood of Electrical Workers, Local 288

Basic Information

Local 288

Quick Facts

Address

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
1695 BURTON AVE
WATERLOO, IA 507032181

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 $517,866
Total Liabilities $3,598
Total Income $577,605
Total Spent $521,204

Total Assets Trend

Assets (Change from previous report)

Cash $391,891 (+16.8%)
Accounts Receivable $0 (0.0%)
Investments $66,045 (+1.1%)
Fixed Assets $10,892 (+1.1%)
Treasury Securities $0 (0.0%)
Other Assets $49,038 (-2.7%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $3,598
Mortgages $0

Income

Dues $552,716
Per Person Tax $0
Investments $0
Supplies $18,235
Loan Repayment $0
Interest $5,154
Dividends $0
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $1,500
Affiliates $0
Members $0
Reinvestments $0
All Others $1,500

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.

Spending Overview

Spending Breakdown

Representational $130,575 (25.05%)
Political Activities and Lobbying $6,169 (1.18%)
Contributions, Gifts, and Grants $7,098 (1.36%)
General Overhead $48,679 (9.34%)
Union Administration $106,368 (20.41%)
Strike Benefits $0 (0.00%)
To Union Officers $56,961 (10.93%)
To Union Employees $95,933 (18.41%)
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

Membership Trend

YearMembers
2002235
2003254
2004235
2005245
20060
2007247
2008252
2009252
2010252
2011238
2012230
2013228
2014225
2015222
2016214
2017212
2018217
2019217
2020205
2021298
2022222

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
CHARLES KACHERBUSINESS MANAGER$92,936
RICH KURTENBACHORGANIZER$86,193
VANESSA ROBINSONOFFICE SECRETARY$48,017
BRET BADKERPRESIDENT$600
AUSTIN HALLRECORDING SECRETARY$480
DAVID KILLIONTREASURER$360
THOMAS POSUSTAVICE PRESIDENT$300
DAVID LYCKEE-BOARD$240

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

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