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 | $24,209,574 |
| Total Liabilities | $900,808 |
| Total Income | $7,481,360 |
| Total Spent | $6,995,411 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,024,686 (+90.2%) |
| Accounts Receivable | $135,526 (+236.9%) |
| Investments | $16,301,411 (+5.9%) |
| Fixed Assets | $6,747,951 (+5.9%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $5,475,723 |
| Per Person Tax | $0 |
| Investments | $197,921 |
| Supplies | $10,383 |
| Loan Repayment | $0 |
| Interest | $458 |
| Dividends | $993,851 |
| Rents | $61,468 |
| Fees and Fines | $519,169 |
| Loans Obtained | $49,115 |
| Other Receipts | $170,619 |
| Affiliates | $0 |
| Members | $2,653 |
| Reinvestments | $0 |
| All Others | $65,187 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$6,995,411
Spending Overview
Spending Breakdown
| Representational | $1,999,764 (28.59%) |
| Political Activities and Lobbying | $287,839 (4.11%) |
| Contributions, Gifts, and Grants | $52,614 (0.75%) |
| General Overhead | $360,904 (5.16%) |
| Union Administration | $308,965 (4.42%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $655,101 (9.36%) |
| To Union Employees | $985,301 (14.08%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
5,374
Income per Member
$1,392
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 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$85,258
Total Employees
27
Employees Making more than $75,000
19
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DALE CANNON | BUSN-MGR-TREAS-EX BD | $136,281 |
| MICHAEL WHITESIDE | ASST BUSN MGR-PRES-EX BD | $121,849 |
| DANNY BANUELOS | BUSN AGENT-V PRES-EX BD | $121,817 |
| TRAVIS LAMOUREUX | DIR ORGANIZING, EX BD | $120,495 |
| RUSSELL ROBINSON | BUSN AG, EX BD, REC SECTY | $114,129 |
| MICHELLE HELMOLZ | BUSN AGENT, EX BD | $112,140 |
| JUAN ESPINOZA | BUSINESS AGENT | $109,734 |
| SCOTT SANCHEZ | ORGANIZER | $109,715 |
| SAM GARCIA | BUSINESS AGENT | $108,916 |
| CARLISS BUSSEY | BUSINESS AGENT | $108,215 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021