Laborers, Local 662
Basic Information
Local 662
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 | $828,897 |
| Total Liabilities | $4,032 |
| Total Income | $419,264 |
| Total Spent | $567,795 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $118,530 (-55.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $670,617 (+51.3%) |
| Fixed Assets | $0 (+51.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $39,750 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $4,032 |
| Mortgages | $0 |
Income
| Dues | $349,943 |
| Per Person Tax | $0 |
| Investments | $38,897 |
| Supplies | $180 |
| Loan Repayment | $0 |
| Interest | $16,229 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $14,015 |
| 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
$567,795
Spending Overview
Spending Breakdown
| Representational | $152,381 (26.84%) |
| Political Activities and Lobbying | $21,861 (3.85%) |
| Contributions, Gifts, and Grants | $1,878 (0.33%) |
| General Overhead | $6,720 (1.18%) |
| Union Administration | $12,230 (2.15%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $74,885 (13.19%) |
| To Union Employees | $0 (0.00%) |
| 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
237
Income per Member
$1,769
Dues (per MONTH)
$36
Membership Trend
| Year | Members |
|---|---|
| 2002 | 320 |
| 2003 | 294 |
| 2004 | 315 |
| 2005 | 311 |
| 2006 | 295 |
| 2007 | 303 |
| 2008 | 277 |
| 2009 | 272 |
| 2010 | 277 |
| 2011 | 268 |
| 2012 | 253 |
| 2013 | 249 |
| 2014 | 266 |
| 2015 | 254 |
| 2016 | 251 |
| 2017 | 264 |
| 2018 | 167 |
| 2019 | 249 |
| 2020 | 249 |
| 2021 | 256 |
| 2022 | 237 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$9,007
Total Employees
11
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SAM SIMMONS | BUS MANAGER/SEC TREAS | $95,102 |
| ERIC RILEY | PRESIDENT | $1,060 |
| CHANCIE JACKSON | RECORDING SECY | $396 |
| MIKE MCCORKLE | VICE PRESIDENT | $396 |
| ZACH RINEY | TRUSTEE | $396 |
| JOE SNYDER | RUSTEE | $360 |
| PAT LAUGHLIN | AUDITOR | $360 |
| VICTORIA ANDERSON | TRUSTEE | $324 |
| KENNETH FLOOD | AUDITOR | $324 |
| DOUG STUCKENSCHNEIDER | SGT AT ARMS | $216 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023