, Local 3403
Basic Information
Local 3403
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 | $754,290 |
| Total Liabilities | $0 |
| Total Income | $304,886 |
| Total Spent | $281,760 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $660,939 (+3.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $93,351 (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 | $0 |
| Mortgages | $0 |
Income
| Dues | $302,806 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,080 |
| 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: 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
$281,760
Spending Overview
Spending Breakdown
| Representational | $134,754 (47.83%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $8,774 (3.11%) |
| General Overhead | $31,882 (11.32%) |
| Union Administration | $45,221 (16.05%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $92,794 (32.93%) |
| To Union Employees | $15,931 (5.65%) |
| 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
1,700
Income per Member
$179
Dues (per MTH)
1.45%+.02 AN HR
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,610 |
| 2003 | 17,450 |
| 2004 | 1,150 |
| 2005 | 1,145 |
| 2006 | 1,145 |
| 2007 | 1,145 |
| 2008 | 988 |
| 2009 | 980 |
| 2010 | 980 |
| 2011 | 980 |
| 2012 | 1,000 |
| 2013 | 1,200 |
| 2014 | 1,200 |
| 2015 | 1,205 |
| 2016 | 1,700 |
| 2017 | 1,200 |
| 2018 | 1,280 |
| 2019 | 1,280 |
| 2020 | 1,500 |
| 2021 | 1,800 |
| 2022 | 1,700 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$10,194
Total Employees
14
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH COMO | PRESIDENT | $108,115 |
| $19,328 | ||
| BRIAN SWANTEK | FINANCIAL SECRETARY | $4,836 |
| JAMES HILEMAN | FINANCIAL SECRETARY | $4,021 |
| JEFF SUMNEY | VICE PRESIDENT | $3,957 |
| AMY KLAYSMEYER | RECORDING SECRETARY | $1,560 |
| FALCO COMO | TREASURER | $900 |
| CHRIS SPAHR | TRUSTEE | $0 |
| CHARLES SWANTEK | GUARD | $0 |
| SCOTT HILMAN | TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Manufacturing | 11 |
| Service | 2 |
| Not Provided | 2 |
| Utilities | 1 |
| Construction | 1 |
| Local Government | 1 |