Steelworkers, Local 555
Basic Information
Local 555
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 | $223,093 |
| Total Liabilities | $0 |
| Total Income | $61,580 |
| Total Spent | $63,097 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $221,581 (-0.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,512 (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 | $61,190 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $390 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2012 • 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 2012
$63,097
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $8,000 (12.68%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $18,796 (29.79%) |
| To Union Employees | $25,686 (40.71%) |
| Education | $0 (0.00%) |
| Fees | $600 (0.95%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2012 • Last Updated: June 12th, 2023
Membership
Total Members
320
Income per Member
$192
Dues (per GROSS)
1.45%
Membership Trend
| Year | Members |
|---|---|
| 2002 | 272 |
| 2003 | 252 |
| 2004 | 320 |
| 2005 | 242 |
| 2006 | 232 |
| 2007 | 296 |
| 2008 | 330 |
| 2009 | 248 |
| 2011 | 238 |
| 2012 | 320 |
Source: Office of Labor Management Standards
Year Covered: 2012 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,099
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| PETER TERRAZAS | PRESIDENT | $15,039 |
| JOSE TERRAZAS | TRESUARE | $2,759 |
| GEOGRE VIVEROS | VICE PRESIDENT | $2,233 |
| AGUILAR JOSEPH | FINANCAL SECRUTARY | $2,047 |
| JAMES DEES | TRUSTEE | $1,650 |
| MARSHALL ALCARAZ | RECORDING SECRUTARY | $868 |
Source: Office of Labor Management Standards
Year Covered: 2012 • Last Updated: June 12th, 2023