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Union Facts

Iron Workers, Local 5

Basic Information

Local 5

Quick Facts

Address

IRON WORKERS
9100 OLD MARLBORO PIKE
UPPER MARLBORO, MD 20772

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 $15,181,822
Total Liabilities $5,365,260
Total Income $9,954,305
Total Spent $10,629,809

Total Assets Trend

Assets (Change from previous report)

Cash $3,358,366 (-16.7%)
Accounts Receivable $0 (0.0%)
Investments $3,019,107 (-4.0%)
Fixed Assets $8,804,349 (-4.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (-100.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $5,314,774
Accounts Payable $0
Other Liabilities $50,486
Mortgages $0

Income

Dues $4,061,051
Per Person Tax $0
Investments $0
Supplies $16,642
Loan Repayment $0
Interest $57,866
Dividends $0
Rents $50,337
Fees and Fines $195,567
Loans Obtained $5,314,774
Other Receipts $233,694
Affiliates $0
Members $24,374
Reinvestments $0
All Others $11,678

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.

Spending Overview

Spending Breakdown

Representational $618,585 (5.82%)
Political Activities and Lobbying $74,170 (0.70%)
Contributions, Gifts, and Grants $77,144 (0.73%)
General Overhead $378,252 (3.56%)
Union Administration $556,524 (5.24%)
Strike Benefits $0 (0.00%)
To Union Officers $306,528 (2.88%)
To Union Employees $432,281 (4.07%)
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

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

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
AARON BASTBUSINESS MANAGER/FST$145,675
MARK COLESBUSINESS AGENT$114,415
RAYMOND CLELANDPRESIDENT/BUS.AGENT$114,196
LARRY LUISORGANIZER$109,513
CARLOS PORTILLOORGANIZER$108,982
WILLIAM BECKMANVICE PRESIDENT/BUS. AGENT$107,684
JOSEPH KEARNSORGANIZER$93,327
MARLENE FORSYTHOFFICE MANAGER$76,511
ERIN YOUNGADMIN ASSISTANT$43,092
PHYLLIS WALTONADMIN ASSISTANT$41,361

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction2