Plasterers & Cement Masons, Local 404
Basic Information
Local 404
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 | $3,706,956 |
| Total Liabilities | $133,283 |
| Total Income | $1,038,866 |
| Total Spent | $1,138,361 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,852,322 (-5.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,851,901 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,733 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $881,764 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,196 |
| Dividends | $0 |
| Rents | $20,918 |
| Fees and Fines | $6,375 |
| Loans Obtained | $0 |
| Other Receipts | $128,613 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $28,500 |
| All Others | $18,943 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$1,138,361
Spending Overview
Spending Breakdown
| Representational | $252,478 (22.18%) |
| Political Activities and Lobbying | $15,098 (1.33%) |
| Contributions, Gifts, and Grants | $21,237 (1.87%) |
| General Overhead | $122,394 (10.75%) |
| Union Administration | $120,592 (10.59%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $119,356 (10.48%) |
| To Union Employees | $104,047 (9.14%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
464
Income per Member
$2,239
Dues (per MONTH)
$5
Membership Trend
| Year | Members |
|---|---|
| 2002 | 502 |
| 2003 | 504 |
| 2004 | 530 |
| 2005 | 509 |
| 2006 | 509 |
| 2007 | 521 |
| 2008 | 515 |
| 2009 | 491 |
| 2010 | 485 |
| 2011 | 495 |
| 2012 | 507 |
| 2013 | 509 |
| 2014 | 517 |
| 2015 | 509 |
| 2016 | 510 |
| 2017 | 511 |
| 2018 | 508 |
| 2019 | 470 |
| 2020 | 464 |
| 2021 | 464 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$26,567
Total Employees
13
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHARLES WANAT | BUSINESS MGR/FIN SEC | $100,980 |
| PAUL METCALF | PRE | $95,048 |
| MICHAEL WALTER | ORGANIZER | $84,480 |
| JENNIFER PASIPANKI | OFFICE MANAGER | $62,598 |
| RICHARD DAVIS | RECORDINC SECRETARY | $900 |
| THERESA HARRIS | VICE PRESIDENT | $840 |
| $524 | ||
| MICHAEL WALTER | EXEC BOARD | $0 |
| MICHAEL RUFFO | EXEC BOARD | $0 |
| THOMAS WILBURN | SEARGENT AT ARMS | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023