, Local 1408
Basic Information
Local 1408
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 | $0 |
| Total Liabilities | $0 |
| Total Income | $172,803 |
| Total Spent | $196,993 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $0 (-100.0%) |
| 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 | $67,755 |
| Per Person Tax | $0 |
| Investments | $104,974 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $74 |
| 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: 2020 • 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 2020
$196,993
Spending Overview
Spending Breakdown
| Representational | $379 (0.19%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,500 (1.27%) |
| General Overhead | $18,598 (9.44%) |
| Union Administration | $174,556 (88.61%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $0 (0.00%) |
| To Union Employees | $1,212 (0.62%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023
Membership
Total Members
0
Dues (per Month)
1.45%+.02/hr
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,956 |
| 2003 | 1,950 |
| 2004 | 1,608 |
| 2005 | 1,449 |
| 2006 | 1,394 |
| 2007 | 1,345 |
| 2008 | 1,425 |
| 2009 | 1,424 |
| 2010 | 1,300 |
| 2011 | 1,486 |
| 2012 | 1,490 |
| 2013 | 1,408 |
| 2014 | 1,408 |
| 2015 | 1,322 |
| 2016 | 1,408 |
| 2017 | 1,400 |
| 2018 | 1,211 |
| 2019 | 1,368 |
| 2020 | 0 |
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,212
Total Employees
1
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $1,212 |
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Retail Sales / Distribution / Warehousing (Includes Food) | 8 |
| Service | 2 |
| Manufacturing | 1 |
| Not Provided | 1 |