Iron Workers, Local 167
Basic Information
Local 167
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 | $653,224 |
| Total Liabilities | $5,892 |
| Total Income | $408,554 |
| Total Spent | $439,731 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $534,750 (-5.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $118,474 (+2.7%) |
| Fixed Assets | $0 (+2.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $64,589 |
| Per Person Tax | $12,539 |
| Investments | $23 |
| Supplies | $276 |
| Loan Repayment | $0 |
| Interest | $38 |
| Dividends | $7,407 |
| Rents | $0 |
| Fees and Fines | $313,652 |
| Loans Obtained | $0 |
| Other Receipts | $380 |
| Affiliates | $9,650 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $380 |
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
$439,731
Spending Overview
Spending Breakdown
| Representational | $39,036 (8.88%) |
| Political Activities and Lobbying | $11,287 (2.57%) |
| Contributions, Gifts, and Grants | $7,637 (1.74%) |
| General Overhead | $85,678 (19.48%) |
| Union Administration | $69,901 (15.90%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $77,973 (17.73%) |
| To Union Employees | $22,760 (5.18%) |
| 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
245
Income per Member
$1,668
Dues (per Month)
$41
Membership Trend
| Year | Members |
|---|---|
| 2002 | 406 |
| 2003 | 384 |
| 2004 | 336 |
| 2005 | 300 |
| 2006 | 286 |
| 2007 | 340 |
| 2008 | 374 |
| 2009 | 381 |
| 2010 | 317 |
| 2011 | 295 |
| 2012 | 292 |
| 2013 | 288 |
| 2014 | 217 |
| 2015 | 280 |
| 2016 | 295 |
| 2017 | 290 |
| 2018 | 258 |
| 2019 | 266 |
| 2020 | 280 |
| 2021 | 251 |
| 2022 | 245 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,708
Total Employees
14
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JAMES COLE | BUSINESS MANAGER, FST | $92,045 |
| ELIZABETH PALACIOS | BOOKKEEPER | $26,198 |
| LEEOPHEUS MILLER | TRUSTEE | $390 |
| MATTHEW HENDRIX | TRUSTEE | $390 |
| CARL YOUNG | EXAMINING COMMITTEE | $390 |
| DOUGLAS MCCAIN | PRESIDENT | $390 |
| DAVID HURT | RECORDING SECRETARY | $390 |
| CHRISTOPHER POLLINA | VICE PRESIDENT | $390 |
| JAMES DAVIS | EXECUTIVE COMMITTEE | $358 |
| MACEN HITCHENS | EXECUTIVE COMMITTEE | $325 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023