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Union Facts

Iron Workers, Local 5

Basic Information

Local 5

Quick Facts

Address

IRON WORKERS
9301 Peppercorn Place
Largo, MD 20774

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 $19,188,863
Total Liabilities $6,605,151
Total Income $4,581,504
Total Spent $5,043,526

Total Assets Trend

Assets (Change from previous report)

Cash $6,884,057 (-6.3%)
Accounts Receivable $19,132 (-93.4%)
Investments $0 (0.0%)
Fixed Assets $12,285,674 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $18,518
Other Liabilities $11,072
Mortgages $6,575,561

Income

Dues $518,661
Per Person Tax $0
Investments $6,500
Supplies $31,226
Loan Repayment $0
Interest $16,624
Dividends $0
Rents $539,800
Fees and Fines $3,398,774
Loans Obtained $0
Other Receipts $49,419
Affiliates $900
Members $19,600
Reinvestments $0
All Others $14,901

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.

Spending Overview

Spending Breakdown

Representational $583,399 (11.57%)
Political Activities and Lobbying $61,535 (1.22%)
Contributions, Gifts, and Grants $58,877 (1.17%)
General Overhead $1,945,152 (38.57%)
Union Administration $476,787 (9.45%)
Strike Benefits $0 (0.00%)
To Union Officers $267,092 (5.30%)
To Union Employees $463,940 (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

Membership Trend

YearMembers
2002892
2003883
2004886
2005922
2006984
20071,066
20081,080
20091,089
20101,083
2011993
2012984
20131,037
20141,013
20151,048
20161,103
20172,140
20182,021
20191,893
20201,891
20211,809
20221,707

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
AARON BASTBUSINESS MANAGER/ FST$129,363
RAYMOND CLELANDPRESIDENT/BA$119,824
SERHAN AJAJORGANIZER$114,288
WILLIAM BECKMANVICE PRESIDENT$112,609
CARLOS PORTILLOORGANIZER$109,650
LARRY LUISBUSINESS AGENT$107,759
JASON BRYANTDIRECTOR OF MARKETING$83,020
MARLENE FORSYTHOFFICE MANAGER$79,259
HARRIET COLEBENEFITS SUPPORT ANALYST$69,031
ERIN YOUNGADMINISTRATIVE ASSISTANT$43,254

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction2