Laborers, Local 492
Basic Information
Local 492
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 | $32,662 |
| Total Liabilities | $1,813 |
| Total Income | $9,176 |
| Total Spent | $13,327 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $29,262 (-12.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $3,400 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,813 |
| Mortgages | $0 |
Income
| Dues | $9,100 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $76 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2002 • 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 2002
$13,327
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $2,934 (22.02%) |
| To Union Employees | $2,046 (15.35%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2002 • Last Updated: June 12th, 2023
Membership
Total Members
72
Income per Member
$127
Membership Trend
| Year | Members |
|---|---|
| 2002 | 72 |
Source: Office of Labor Management Standards
Year Covered: 2002 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,038
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DAVID HINCK | SEC/TREAS/BUS MGR | $3,928 |
| GERALD QUADE | PRESIDENT | $225 |
| PETER KEHREN | VICE PRESIDENT | $0 |
| KRIS HAGER | RECORDING SECRETARY | $0 |
Source: Office of Labor Management Standards
Year Covered: 2002 • Last Updated: June 12th, 2023