Iron Workers, Local 493
Basic Information
Local 493
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 | $0 |
| Total Liabilities | $0 |
| Total Income | $73,599 |
| Total Spent | $140,253 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $0 (-100.0%) |
| 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 | $0 |
| Mortgages | $0 |
Income
| Dues | $72,962 |
| 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 | $637 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • 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 2019
$140,253
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,379 (0.98%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $11,404 (8.13%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $6,090 (4.34%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: June 12th, 2023
Membership
Total Members
0
Dues (per month)
2 hrs wages + $5
Membership Trend
| Year | Members |
|---|---|
| 2002 | 160 |
| 2003 | 125 |
| 2004 | 100 |
| 2005 | 143 |
| 2006 | 217 |
| 2007 | 211 |
| 2008 | 196 |
| 2009 | 131 |
| 2010 | 104 |
| 2011 | 199 |
| 2012 | 130 |
| 2013 | 145 |
| 2014 | 144 |
| 2015 | 162 |
| 2016 | 202 |
| 2017 | 145 |
| 2018 | 144 |
| 2019 | 0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,221
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BILL GREATHOUSE | BA, FS, TREASURER | $7,684 |
| MARTY FLANAGAN | PRESIDENT | $3,154 |
| JEREMY VESTWEBER | RECORDING SECRETARY | $2,505 |
| MARY ADAMS | EXECUTIVE BOARD | $482 |
| BRUCE HONADEL | EXECUTIVE BOARD | $399 |
| MARVIN BROWN | TRUSTEE | $175 |
| CURTIS DANILSON | TRUSTEE | $167 |
| JEFF DRAYTON | EXECUTIVE BOARD | $40 |
| JIM DALE | VICE PRESIDENT | $25 |
| DENNIS BENTON | EXECUTIVE BOARD | $20 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: June 12th, 2023