Laborers, Local 242
Basic Information
Local 242
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 | $28,666,591 |
| Total Liabilities | $392,636 |
| Total Income | $13,895,174 |
| Total Spent | $12,857,715 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,452,494 (+73.3%) |
| Accounts Receivable | $171,611 (+2.3%) |
| Investments | $19,527,152 (+15.5%) |
| Fixed Assets | $6,515,334 (+15.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $8,989,560 |
| Per Person Tax | $0 |
| Investments | $1,226,002 |
| Supplies | $5,421 |
| Loan Repayment | $0 |
| Interest | $224 |
| Dividends | $1,764,481 |
| Rents | $57,131 |
| Fees and Fines | $802,278 |
| Loans Obtained | $0 |
| Other Receipts | $1,050,077 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $91,623 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$12,857,715
Spending Overview
Spending Breakdown
| Representational | $3,749,217 (29.16%) |
| Political Activities and Lobbying | $389,313 (3.03%) |
| Contributions, Gifts, and Grants | $61,459 (0.48%) |
| General Overhead | $869,787 (6.76%) |
| Union Administration | $204,634 (1.59%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,018,983 (7.93%) |
| To Union Employees | $1,363,635 (10.61%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
6,620
Income per Member
$2,099
Dues (per Month)
SEE MIN/MAX
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,801 |
| 2003 | 2,539 |
| 2004 | 2,395 |
| 2005 | 2,623 |
| 2006 | 2,807 |
| 2007 | 3,209 |
| 2008 | 3,479 |
| 2009 | 3,121 |
| 2010 | 2,868 |
| 2011 | 2,640 |
| 2012 | 2,673 |
| 2013 | 2,600 |
| 2014 | 2,758 |
| 2015 | 2,946 |
| 2016 | 2,953 |
| 2017 | 4,720 |
| 2018 | 4,843 |
| 2019 | 5,250 |
| 2019 | 5,374 |
| 2020 | 5,312 |
| 2021 | 6,620 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$118,902
Total Employees
29
Employees Making more than $75,000
20
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DALE CANNON | BUS MGR-SEC-TREAS-EX BD | $194,934 |
| MICHAEL WHITESIDE | ASS. BUS. MGR.-PRES-EX BD | $182,820 |
| RUSSELL ROBINSON | BUSN AG, EX BD, REC SECTY | $182,140 |
| TRAVIS LAMOUREUX | DIR. OF ORGANIZING.-EX BD | $178,505 |
| DANNY BANUELOS | V PRES.-EX BD, LEAD B.A. | $177,083 |
| BILLY HETHERINGTON | POL. DIR., DELEGATE | $169,015 |
| SAM GARCIA | DISPATCHER | $168,242 |
| BENJAMINE FREITAG | BUSN AGENT, SRGT AT ARMS | $167,383 |
| JUAN ESPINOZA | BUSINESS AGENT | $166,926 |
| JIM VASQUEZ | AUDITOR, BUS. AGENT | $164,738 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023