, Local 988
Basic Information
Local 988
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 | $52,845 |
| Total Liabilities | $0 |
| Total Income | $35,974 |
| Total Spent | $33,575 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $48,520 (+5.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $4,325 (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 | $27,933 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $125 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $7,916 |
| 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.
Total Spent in 2022
$33,575
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,506 (13.42%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $15,706 (46.78%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $35 (0.10%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
94
Income per Member
$383
Dues (per Weekly)
1.45%+.02hr
Membership Trend
| Year | Members |
|---|---|
| 2002 | 297 |
| 2003 | 350 |
| 2004 | 390 |
| 2005 | 410 |
| 2006 | 270 |
| 2007 | 241 |
| 2008 | 199 |
| 2009 | 194 |
| 2010 | 179 |
| 2011 | 164 |
| 2012 | 154 |
| 2013 | 147 |
| 2014 | 155 |
| 2015 | 147 |
| 2016 | 143 |
| 2017 | 102 |
| 2018 | 88 |
| 2019 | 83 |
| 2020 | 70 |
| 2021 | 63 |
| 2022 | 94 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,195
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| PHILIP BOWERS | TREASURER | $8,036 |
| MICHELLE RICHTER | FINANCIAL SECRETARY | $3,426 |
| KATHY FAIRROW | RECORDING SECRETARY | $2,816 |
| BRYAN MCCALEB | RECORDING SECRETARY | $1,612 |
| JACK NELSON JR | TREASURER | $1,109 |
| NICHOLAS DEPUGH | PRESIDENT | $840 |
| NATHAN BANDY | GUIDE | $720 |
| AVERY WOOLUM | VICE PRESIDENT | $600 |
| DUSTIN BAXTER | TRUSTEE | $600 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023