, Local 5
Basic Information
Local 5
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 | $397,629 |
| Total Liabilities | $0 |
| Total Income | $87,233 |
| Total Spent | $148,682 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $396,115 (-13.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,514 (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 | $86,987 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $246 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$148,682
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $500 (0.34%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $47,942 (32.24%) |
| To Union Employees | $7,270 (4.89%) |
| Education | $0 (0.00%) |
| Fees | $32,159 (21.63%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
300
Income per Member
$291
Dues (per Hour)
1.45%+$.02
Membership Trend
| Year | Members |
|---|---|
| 2002 | 320 |
| 2003 | 320 |
| 2004 | 320 |
| 2005 | 315 |
| 2006 | 315 |
| 2007 | 300 |
| 2008 | 300 |
| 2009 | 291 |
| 2010 | 290 |
| 2011 | 306 |
| 2012 | 289 |
| 2013 | 289 |
| 2014 | 283 |
| 2015 | 305 |
| 2016 | 310 |
| 2017 | 310 |
| 2018 | 304 |
| 2019 | 310 |
| 2020 | 300 |
| 2021 | 315 |
| 2022 | 300 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,720
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| PAUL SHAFFER | PRESIDENT | $14,377 |
| CHRISTOPHER BENNETT | CHIEF STEWARD | $12,214 |
| NATE TUTHILL | RECORDING SECRETARY | $10,959 |
| RONALD GREEN | FINANCIAL SECRETARY | $10,146 |
| JASON VARGO | VICE PRESIDENT | $5,316 |
| LINCOLN CONLEY | TRUSTEE | $4,247 |
| ANDREW SPRING | TRUSTEE | $2,250 |
| MICHAEL THOMPSON | TRUSTEE | $2,250 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Manufacturing | 8 |
| Petro Chemicals | 8 |
| Other | 2 |
| Mining and Oil & Gas Extraction | 2 |
| Health Care and Social Assistance | 2 |
| Finance and Insurance | 1 |