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Union Facts

, Local 501

Basic Information

Local 501

Quick Facts

Address


1314 SCHOOL STREET
SPRINGFIELD, TN 37172

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 $9,662
Total Liabilities $0
Total Income $26,532
Total Spent $37,688

Total Assets Trend

Assets (Change from previous report)

Cash $9,662 (-53.6%)
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 $26,362
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 $170
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.

Spending Overview

Spending Breakdown

Representational $0 (0.00%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $409 (1.09%)
General Overhead $0 (0.00%)
Union Administration $0 (0.00%)
Strike Benefits $0 (0.00%)
To Union Officers $23,315 (61.86%)
To Union Employees $2,945 (7.81%)
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

Membership Trend

YearMembers
200297
200394
200497
200589
200687
200786
200866
200951
201050
201155
201259
201359
201463
201574
201682
201781
201888
201987
202087
2021100
2022100

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
TERAN POWELLFINANCIAL SECRETARY$5,261
CHAD POWELLVICE PRESIDENT$4,715
TYRONDA TEASLEYTREASURER$4,671
MIKE PADGETTPRESIDENT$3,656
ALEX PERKINSLABOR RELATIONS$3,564
RICK CARTERRECORDING SECRETARY$3,150
EDDIE FITELABOR RELATIONS$2,062
PAT GRAYTRUSTEE$227
JAUCKQUE BUFORDCHIEF STEWARD$213
ERIC TALLEYTRUSTEE$0

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing1