, Local 554
Basic Information
Local 554
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 | $85,887 |
| Total Liabilities | $0 |
| Total Income | $26,871 |
| Total Spent | $10,915 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $15,887 (-23,124.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $70,000 (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 | $16,871 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $10,000 |
| 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
$10,915
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,100 (19.24%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $3,924 (35.95%) |
| To Union Employees | $1,060 (9.71%) |
| 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
70
Income per Member
$384
Dues (per MTH)
1.45%+.02 AN HR
Membership Trend
| Year | Members |
|---|---|
| 2002 | 117 |
| 2003 | 110 |
| 2004 | 103 |
| 2005 | 103 |
| 2006 | 100 |
| 2007 | 105 |
| 2008 | 100 |
| 2009 | 100 |
| 2011 | 65 |
| 2012 | 71 |
| 2013 | 52 |
| 2014 | 52 |
| 2015 | 64 |
| 2016 | 63 |
| 2017 | 57 |
| 2018 | 55 |
| 2019 | 57 |
| 2020 | 57 |
| 2021 | 63 |
| 2022 | 70 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$785
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHERRY WARD | TREASURER | $1,291 |
| NICK HAMPTON | PRESIDENT | $1,092 |
| OREE SMITH | VICE PRESIDENT | $874 |
| CASEY DODSON | RECORDING SECRETARY | $667 |
| YUMIKA CLAYTON | FINANCIAL SECRETARY | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023