Elevator Constructors, Local 8
Basic Information
Local 8
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 | $13,682,751 |
| Total Liabilities | $862,662 |
| Total Income | $6,907,528 |
| Total Spent | $7,266,055 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $4,298,762 (-7.7%) |
| Accounts Receivable | $34,859 (-90.9%) |
| Investments | $7,172,120 (+27.3%) |
| Fixed Assets | $2,138,420 (+27.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $38,590 (+427.2%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $4,916,655 |
| Per Person Tax | $0 |
| Investments | $668,703 |
| Supplies | $8,948 |
| Loan Repayment | $0 |
| Interest | $18,720 |
| Dividends | $272,809 |
| Rents | $63,168 |
| Fees and Fines | $103,640 |
| Loans Obtained | $0 |
| Other Receipts | $831,506 |
| Affiliates | $0 |
| Members | $23,379 |
| Reinvestments | $0 |
| All Others | $39,506 |
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
$7,266,055
Spending Overview
Spending Breakdown
| Representational | $830,130 (11.42%) |
| Political Activities and Lobbying | $57,853 (0.80%) |
| Contributions, Gifts, and Grants | $33,313 (0.46%) |
| General Overhead | $499,166 (6.87%) |
| Union Administration | $793,881 (10.93%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,110,007 (15.28%) |
| To Union Employees | $413,361 (5.69%) |
| 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
1,474
Income per Member
$4,686
Dues (per QUARTER)
$882
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,266 |
| 2003 | 1,266 |
| 2004 | 1,043 |
| 2005 | 1,000 |
| 2006 | 990 |
| 2007 | 1,037 |
| 2008 | 1,151 |
| 2009 | 1,170 |
| 2010 | 1,098 |
| 2011 | 1,024 |
| 2012 | 981 |
| 2013 | 957 |
| 2014 | 980 |
| 2015 | 998 |
| 2016 | 1,082 |
| 2017 | 1,141 |
| 2018 | 1,244 |
| 2019 | 1,344 |
| 2020 | 1,474 |
| 2021 | 1,509 |
| 2022 | 1,474 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$46,163
Total Employees
33
Employees Making more than $75,000
9
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RYAN LANGE | BUSINESS REP | $207,223 |
| GREG HARDEMAN | BUSINESS REP | $206,059 |
| MATT RUSSO | BUSINESS MANAGER | $189,766 |
| WILLIAM CHISHOLM | BUSINESS REP | $166,462 |
| NICHOLAS MOORE | ORGANIZER | $136,816 |
| MELANIE STAUFFER | OFFICE MANAGER | $109,116 |
| DAVID FRANZBLAU | DUES CLERK / ADMIN | $94,510 |
| DESTINY LACK | DUES CLERK / ADMIN | $88,026 |
| PRUDENCE FISHER | JATC ADMIN ASST | $81,917 |
| KEVIN WRIGHT, SR | BUSINESS REP | $52,239 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023