Plasterers & Cement Masons, Local 555
Basic Information
Local 555
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 | $2,988,610 |
| Total Liabilities | $3,284 |
| Total Income | $2,793,300 |
| Total Spent | $2,479,797 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $887,968 (+54.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,521,033 (+0.5%) |
| Fixed Assets | $8,921 (+0.5%) |
| Treasury Securities | $570,688 (-6.5%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $3,284 |
| Mortgages | $0 |
Income
| Dues | $1,281,687 |
| Per Person Tax | $0 |
| Investments | $1,310,135 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $64,820 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $5,015 |
| Loans Obtained | $115,923 |
| Other Receipts | $15,720 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $15,720 |
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
$2,479,797
Spending Overview
Spending Breakdown
| Representational | $627,220 (25.29%) |
| Political Activities and Lobbying | $17,786 (0.72%) |
| Contributions, Gifts, and Grants | $11,170 (0.45%) |
| General Overhead | $134,629 (5.43%) |
| Union Administration | $65,761 (2.65%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $162,818 (6.57%) |
| To Union Employees | $101,329 (4.09%) |
| 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
638
Income per Member
$4,378
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 541 |
| 2003 | 526 |
| 2004 | 481 |
| 2005 | 460 |
| 2006 | 505 |
| 2007 | 523 |
| 2008 | 579 |
| 2009 | 552 |
| 2010 | 502 |
| 2011 | 461 |
| 2012 | 485 |
| 2013 | 476 |
| 2014 | 486 |
| 2015 | 478 |
| 2016 | 498 |
| 2017 | 530 |
| 2018 | 569 |
| 2019 | 601 |
| 2020 | 631 |
| 2021 | 646 |
| 2022 | 638 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$35,027
Total Employees
11
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GEOFF KOSSAK | BUS MGR/FIN SEC | $113,660 |
| JOSE GUZMAN | SGT. AT ARMS | $96,013 |
| RALPH VACA | BUSINESS AGENT | $94,388 |
| CINDY GRIFFITH | SECRETARY | $64,199 |
| ELIZABETH NICHOLS | EXEC. BOARD/ BUS. AGENT | $16,654 |
| SHAUN COMER | EXECUTIVE BOARD | $189 |
| THOMAS HICKS | EXECUTIVE BOARD | $168 |
| STEVE MEYER | EXECUTIVE BOARD | $21 |
| JEREMY KENDALL | PRESIDENT | $0 |
| JARED HINSLEY | RECORDING SECRETARY | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023