Center for Union Facts logo

Union Facts

, Local 4950

Basic Information

Local 4950

Quick Facts

Address


1206 BALDWIN AVENUE
NEGAUNEE, MI 49866

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 $1,223,690
Total Liabilities $0
Total Income $323,025
Total Spent $286,121

Total Assets Trend

Assets (Change from previous report)

Cash $850,695 (+4.5%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $372,995 (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 $241,600
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $4,013
Dividends $0
Rents $1,950
Fees and Fines $0
Loans Obtained $0
Other Receipts $71,555
Affiliates $0
Members $3,907
Reinvestments $0
All Others $0

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.

Spending Overview

Spending Breakdown

Representational $65,860 (23.02%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $4,326 (1.51%)
General Overhead $74,452 (26.02%)
Union Administration $123,731 (43.24%)
Strike Benefits $0 (0.00%)
To Union Officers $122,070 (42.66%)
To Union Employees $42,943 (15.01%)
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

Membership Trend

YearMembers
2002713
2003944
2004777
2005916
2006919
2007951
20081,061
20091,197
20101,193
20111,063
20121,133
20131,118
20141,052
2015972
2016555
2017549
2018563
2019586

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
DANIEL RUOKOLAINENVICE PRESIDENT$37,539
CHAD KORPIPRESIDENT$31,987
$30,453
JOHN KORPICUSTODIAN$21,705
MICHAEL GRONDZTREASURER$19,187
PETER HEIKKILARECORDING SECRETARY$13,698
GRETCHEN DENNISFINANCIAL SECRETARY$11,468
TERRY BALLTRUSTEE$3,899
CHARLES SCOTTTRUSTEE$1,656
DALE MAKITRUSTEE$1,637

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021