Longshoremens Association, Local 1248
Basic Information
Local 1248
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 | $9,456,561 |
| Total Liabilities | $19,563 |
| Total Income | $7,887,194 |
| Total Spent | $2,759,690 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $6,553,021 (+359.7%) |
| Accounts Receivable | $1,569 (+100.9%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $659,279 (0.0%) |
| Treasury Securities | $2,242,692 (-62.7%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $3,281,206 |
| Per Person Tax | $0 |
| Investments | $4,462,219 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $46,651 |
| Dividends | $0 |
| Rents | $48,031 |
| Fees and Fines | $46,849 |
| Loans Obtained | $0 |
| Other Receipts | $2,238 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,238 |
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
$2,759,690
Spending Overview
Spending Breakdown
| Representational | $344,010 (12.47%) |
| Political Activities and Lobbying | $23,247 (0.84%) |
| Contributions, Gifts, and Grants | $83,242 (3.02%) |
| General Overhead | $1,187,349 (43.02%) |
| Union Administration | $134,421 (4.87%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $481,293 (17.44%) |
| To Union Employees | $152,879 (5.54%) |
| 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
1,500
Income per Member
$5,258
Dues (per hour)
6.5%
Membership Trend
| Year | Members |
|---|---|
| 2002 | 640 |
| 2003 | 642 |
| 2004 | 675 |
| 2005 | 1,142 |
| 2006 | 1,139 |
| 2007 | 1,128 |
| 2008 | 1,140 |
| 2009 | 1,114 |
| 2010 | 1,097 |
| 2011 | 1,153 |
| 2012 | 1,040 |
| 2013 | 1,000 |
| 2014 | 1,115 |
| 2015 | 1,266 |
| 2016 | 1,240 |
| 2017 | 1,304 |
| 2018 | 1,317 |
| 2019 | 1,315 |
| 2020 | 1,390 |
| 2021 | 1,313 |
| 2022 | 1,500 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$38,962
Total Employees
25
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SAMUEL DAVIS, JR. | BUSINESS AGENT | $195,263 |
| KENNETH GRAY | PRESIDENT | $190,896 |
| CHRISTOPHER FAULK | SECRETARY / TREASURER | $177,259 |
| RONALD MILBOURNE | VICE PRESIDENT | $68,126 |
| KIMBERLY HALL | SECRETARY | $60,718 |
| LATRELL PEARL | ADMINISTRATIVE STAFF | $50,131 |
| $42,850 | ||
| RON RASCOE | OFFICER | $28,855 |
| KEVIN PEELE | JANITOR | $22,983 |
| DONALD BISHOP | DISTRICT COUNCIL DELEGATE | $20,272 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023