Transport Workers, Local 505
Basic Information
Local 505
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 | $381,535 |
| Total Liabilities | $742 |
| Total Income | $140,730 |
| Total Spent | $117,875 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $123,135 (+22.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $18,400 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $240,000 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $742 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $96,708 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $109 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $43,913 |
| 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
$117,875
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $12,368 (10.49%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $13,619 (11.55%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
245
Income per Member
$574
Dues (per month)
$65
Membership Trend
| Year | Members |
|---|---|
| 2002 | 984 |
| 2003 | 710 |
| 2004 | 664 |
| 2005 | 575 |
| 2006 | 506 |
| 2007 | 558 |
| 2008 | 476 |
| 2009 | 390 |
| 2010 | 373 |
| 2011 | 348 |
| 2012 | 151 |
| 2013 | 146 |
| 2014 | 146 |
| 2015 | 148 |
| 2016 | 151 |
| 2017 | 174 |
| 2018 | 176 |
| 2019 | 161 |
| 2020 | 147 |
| 2021 | 252 |
| 2022 | 245 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,279
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JENNIFER PLATT | PRESIDENT | $10,294 |
| NATHAN HARMS | SECRETARY/TREASURER | $4,800 |
| SKIP HOVORKA | VICE PRESIDENT | $4,800 |
| LEILANI KAPEWA | EBOARD | $900 |
| RAMAN BHANOT | CHAIRMAN | $600 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023