Plumbers, Local 43
Basic Information
Local 43
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 | $2,599,145 |
| Total Liabilities | $7,019 |
| Total Income | $1,803,667 |
| Total Spent | $1,675,163 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $742,170 (+20.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,006,777 (-6.9%) |
| Fixed Assets | $850,198 (-6.9%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $7,019 |
| Mortgages | $0 |
Income
| Dues | $236,759 |
| Per Person Tax | $326,953 |
| Investments | $105,234 |
| Supplies | $11,934 |
| Loan Repayment | $0 |
| Interest | $16,148 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $1,091,948 |
| Loans Obtained | $0 |
| Other Receipts | $14,691 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $14,691 |
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
$1,675,163
Spending Overview
Spending Breakdown
| Representational | $70,968 (4.24%) |
| Political Activities and Lobbying | $45,106 (2.69%) |
| Contributions, Gifts, and Grants | $55,287 (3.30%) |
| General Overhead | $579,167 (34.57%) |
| Union Administration | $155,284 (9.27%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $169,194 (10.10%) |
| To Union Employees | $51,230 (3.06%) |
| 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
1,235
Income per Member
$1,460
Dues (per month)
$44
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,106 |
| 2003 | 1,094 |
| 2004 | 1,083 |
| 2005 | 1,056 |
| 2006 | 1,037 |
| 2007 | 1,105 |
| 2008 | 1,091 |
| 2009 | 1,139 |
| 2010 | 1,237 |
| 2011 | 1,255 |
| 2012 | 1,261 |
| 2013 | 1,082 |
| 2014 | 941 |
| 2015 | 932 |
| 2016 | 881 |
| 2017 | 1,196 |
| 2018 | 1,274 |
| 2019 | 1,401 |
| 2020 | 1,351 |
| 2021 | 1,235 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$13,679
Total Employees
21
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| LARRY MORRISON | BUSINESS MANAGER | $114,168 |
| MATTHEW JOHNSON | BUSINESS AGENT | $104,832 |
| JENNIFER SMITH | OFFICE MANAGER | $65,417 |
| JOE COKE | RECORDING SECRETARY | $1,000 |
| DAVID THURMAN | EXECUTIVE BOARD | $959 |
| ZACH GUFFEY | EXAM COMMITTEE | $875 |
| JOHN SMITH | CHAPLAIN | $0 |
| JEFFREY BAILEY | TRUSTEE | $0 |
| JAMES HEADRICK | VICE PRESIDENT | $0 |
| CHUCK BRANHAM | FINANCE COMMITTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023