Laborers, Local 840
Basic Information
Local 840
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 | $961,416 |
| Total Liabilities | $1,158 |
| Total Income | $500,909 |
| Total Spent | $380,006 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $933,007 (+14.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $28,409 (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 | $1,158 |
| Mortgages | $0 |
Income
| Dues | $475,759 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,963 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $22,187 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$380,006
Spending Overview
Spending Breakdown
| Representational | $166,381 (43.78%) |
| Political Activities and Lobbying | $16,308 (4.29%) |
| Contributions, Gifts, and Grants | $2,884 (0.76%) |
| General Overhead | $4,271 (1.12%) |
| Union Administration | $45,983 (12.10%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $77,119 (20.29%) |
| To Union Employees | $24,143 (6.35%) |
| 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
255
Income per Member
$1,964
Dues (per MONTH)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 312 |
| 2003 | 321 |
| 2004 | 320 |
| 2005 | 306 |
| 2006 | 300 |
| 2007 | 363 |
| 2008 | 294 |
| 2009 | 292 |
| 2010 | 286 |
| 2011 | 262 |
| 2012 | 259 |
| 2013 | 251 |
| 2014 | 250 |
| 2015 | 251 |
| 2016 | 243 |
| 2017 | 259 |
| 2018 | 252 |
| 2019 | 255 |
| 2020 | 255 |
| 2021 | 237 |
| 2022 | 255 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$10,764
Total Employees
12
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRAD TURNER | BUS MANAGER/SEC TREASURER | $97,138 |
| MADYSON VINCENT | SECRETARY | $28,269 |
| LOREN CAHILL | VICE PRESIDENT | $480 |
| JASON TROUTT | SERGEANT AT ARMS | $480 |
| DAN MARZ | EXECUTIVE BOARD | $480 |
| JAMES POGUE | AUDITOR | $440 |
| DAVE FISHWICK | EXECUTIVE BOARD | $440 |
| JEFF WATSON | RECORDING SECRETARY | $400 |
| DALE MASTIN | AUDITOR | $360 |
| WAYNE FLAGG | EXECUTIVE BOARD | $240 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023