, Local 470
Basic Information
Local 470
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 | $1,475,260 |
| Total Liabilities | $0 |
| Total Income | $248,447 |
| Total Spent | $95,205 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $463,567 (+49.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $877,524 (-3.6%) |
| Fixed Assets | $134,169 (-3.6%) |
| 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 | $227,955 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $392 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $20,100 |
| 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
$95,205
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $9,418 (9.89%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $25,695 (26.99%) |
| To Union Employees | $8,761 (9.20%) |
| 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
336
Income per Member
$739
Dues (per Hour)
1.45% + .02
Membership Trend
| Year | Members |
|---|---|
| 2002 | 307 |
| 2003 | 315 |
| 2004 | 320 |
| 2005 | 303 |
| 2006 | 324 |
| 2007 | 320 |
| 2008 | 319 |
| 2009 | 329 |
| 2010 | 325 |
| 2011 | 332 |
| 2012 | 309 |
| 2013 | 320 |
| 2014 | 343 |
| 2015 | 330 |
| 2016 | 345 |
| 2017 | 342 |
| 2018 | 336 |
| 2019 | 335 |
| 2020 | 358 |
| 2021 | 358 |
| 2022 | 336 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,731
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROBERT WEBBER | FINANCIAL SECRETARY | $8,648 |
| NEIL OLTROGGE | PRESIDENT | $8,141 |
| JUSTIN OSTERMILLER | TRUSTEE | $6,309 |
| PETE REIN | GUIDE | $3,845 |
| DAN LONG | TRUSTEE | $1,200 |
| DEREK WEBER | VICE PRESIDENT | $802 |
| TROY BROWN | GUARD | $488 |
| BRANNON BUTCHER | TRUSTEE | $415 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023