Iron Workers, Local 25
Basic Information
Local 25
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 | $15,143,879 |
| Total Liabilities | $366,267 |
| Total Income | $7,383,460 |
| Total Spent | $6,134,392 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $13,230,068 (+10.4%) |
| Accounts Receivable | $928,404 (-9.3%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $985,107 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $300 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,061,846 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $183,294 |
| Dividends | $13,369 |
| Rents | $27,900 |
| Fees and Fines | $5,742,766 |
| Loans Obtained | $0 |
| Other Receipts | $44,410 |
| Affiliates | $309,875 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $44,410 |
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.
Total Spent in 2019
$6,134,392
Spending Overview
Spending Breakdown
| Representational | $1,585,744 (25.85%) |
| Political Activities and Lobbying | $25,853 (0.42%) |
| Contributions, Gifts, and Grants | $45,009 (0.73%) |
| General Overhead | $463,045 (7.55%) |
| Union Administration | $618,156 (10.08%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,054,165 (17.18%) |
| To Union Employees | $174,626 (2.85%) |
| 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
Total Members
3,704
Income per Member
$1,993
Dues (per MONTH)
$36
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,422 |
| 2003 | 4,362 |
| 2004 | 4,129 |
| 2005 | 5,475 |
| 2006 | 4,721 |
| 2007 | 4,659 |
| 2008 | 4,684 |
| 2009 | 4,701 |
| 2010 | 3,621 |
| 2011 | 3,505 |
| 2012 | 3,413 |
| 2013 | 3,270 |
| 2014 | 3,185 |
| 2015 | 3,119 |
| 2016 | 3,706 |
| 2017 | 3,957 |
| 2018 | 3,758 |
| 2019 | 3,704 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$81,919
Total Employees
15
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL RANDICK | BUSINESS MANAGER | $134,274 |
| DENNIS AQUIRRE | PRESIDENT | $127,211 |
| MICHAEL CHRISTENSEN | BUSINESS AGENT | $106,688 |
| ANTHONY RAMOS | BUSINESS AGENT | $105,244 |
| WAYNE COFFELL | BUSINESS AGENT | $100,189 |
| MARC CRANCE | BUSINESS AGENT | $99,962 |
| MICHAEL DECKER | BUSINESS AGENT | $97,439 |
| JAMES HORVATH II | VICE PRESIDENT | $96,715 |
| ROBERT SABAITIS | BUSINESS AGENT | $95,918 |
| TIM BRENNAN | BUSINESS AGENT | $90,525 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021