, Local 1972
Basic Information
Local 1972
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 | $247,486 |
| Total Liabilities | $0 |
| Total Income | $380,206 |
| Total Spent | $323,647 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $243,486 (+30.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $4,000 (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 | $54,184 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,175 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $323,847 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $53,682 |
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
$323,647
Spending Overview
Spending Breakdown
| Representational | $74,620 (23.06%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $14,321 (4.42%) |
| Union Administration | $9,146 (2.83%) |
| Strike Benefits | $218,800 (67.60%) |
| To Union Officers | $70,640 (21.83%) |
| To Union Employees | $7,632 (2.36%) |
| 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
117
Income per Member
$3,250
Dues (per MTH)
1.45%+.02 AN HR
Membership Trend
| Year | Members |
|---|---|
| 2002 | 157 |
| 2003 | 161 |
| 2004 | 159 |
| 2005 | 157 |
| 2006 | 168 |
| 2007 | 157 |
| 2008 | 136 |
| 2009 | 129 |
| 2010 | 123 |
| 2011 | 116 |
| 2012 | 116 |
| 2013 | 106 |
| 2014 | 105 |
| 2015 | 102 |
| 2016 | 102 |
| 2017 | 103 |
| 2018 | 103 |
| 2019 | 106 |
| 2020 | 91 |
| 2021 | 91 |
| 2022 | 117 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,314
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KENNETH BENNETT | VICE PRESIDENT | $24,975 |
| STEVEN PHILLIPS | PRESIDENT | $21,843 |
| LANE HERRING | CHIEF STEWARD | $20,131 |
| $8,923 | ||
| RANDY GIDDINGS | TREASURER | $5,406 |
| MATT WILSON | RECORDING SECRETARY | $3,643 |
| JEREMY WEED | FINANCIAL SECRETARY | $2,756 |
| MANNY VALLIN | TRUSTEE | $2,090 |
| COREY MOGREN | TRUSTEE | $1,149 |
| DANNY AUSTIN | TRUSTEE | $537 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023