Laborers, Local 473
Basic Information
Local 473
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 | $2,903,393 |
| Total Liabilities | $1,469 |
| Total Income | $826,477 |
| Total Spent | $850,889 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,095,138 (-2.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,679,584 (-6.2%) |
| Fixed Assets | $128,546 (-6.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $125 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,469 |
| Mortgages | $0 |
Income
| Dues | $197,002 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,202 |
| Dividends | $38,125 |
| Rents | $17,157 |
| Fees and Fines | $571,565 |
| Loans Obtained | $0 |
| Other Receipts | $426 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $494,012 |
| All Others | $426 |
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.
Total Spent in 2022
$850,889
Spending Overview
Spending Breakdown
| Representational | $246,159 (28.93%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $155,093 (18.23%) |
| Union Administration | $56,262 (6.61%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $208,718 (24.53%) |
| To Union Employees | $0 (0.00%) |
| 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
Total Members
494
Income per Member
$1,673
Dues (per month)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 604 |
| 2003 | 564 |
| 2004 | 566 |
| 2005 | 536 |
| 2006 | 514 |
| 2007 | 569 |
| 2008 | 610 |
| 2009 | 572 |
| 2010 | 548 |
| 2011 | 575 |
| 2012 | 529 |
| 2013 | 555 |
| 2014 | 586 |
| 2015 | 747 |
| 2016 | 834 |
| 2017 | 627 |
| 2018 | 526 |
| 2019 | 573 |
| 2020 | 500 |
| 2021 | 526 |
| 2022 | 494 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$16,543
Total Employees
16
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ERIC KRUTIAK | BUSINESS MANAGER | $112,187 |
| RONALD HOLMES | BUSINESS MANAGER | $66,244 |
| JARED LEBEAU | SECRETARY/TREASURER | $52,560 |
| MATT JAYKO | PRESIDENT | $11,472 |
| PAUL MAZZANTIN | MEMBER | $5,084 |
| JOHN MARUK | SECRETARY-TREASURER | $5,000 |
| BRUCE MILLER | EXECUTIVE BOARD | $2,647 |
| DARREN TURNER | VICE PRESIDENT | $2,524 |
| JUSTIN LANGLAIS | RECORDING SECRETARY | $2,485 |
| DEAN TUREK | EXECUTIVE BOARD | $2,256 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023