Boilermakers, Lodge 433
Basic Information
Local 433
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 | $3,511,465 |
| Total Liabilities | $0 |
| Total Income | $939,107 |
| Total Spent | $971,259 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,194,615 (-1.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $316,850 (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 | $570,504 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $15,284 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $14,203 |
| Loans Obtained | $0 |
| Other Receipts | $339,116 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $17,923 |
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
$971,259
Spending Overview
Spending Breakdown
| Representational | $108,571 (11.18%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $500 (0.05%) |
| General Overhead | $463,189 (47.69%) |
| Union Administration | $20,256 (2.09%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $87,866 (9.05%) |
| To Union Employees | $179,988 (18.53%) |
| 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
282
Income per Member
$3,330
Dues (per MONTH)
$56
Membership Trend
| Year | Members |
|---|---|
| 2002 | 440 |
| 2003 | 405 |
| 2004 | 385 |
| 2005 | 373 |
| 2006 | 379 |
| 2007 | 333 |
| 2008 | 345 |
| 2009 | 385 |
| 2010 | 336 |
| 2011 | 312 |
| 2012 | 310 |
| 2013 | 439 |
| 2014 | 385 |
| 2015 | 394 |
| 2016 | 380 |
| 2017 | 357 |
| 2018 | 349 |
| 2019 | 322 |
| 2020 | 291 |
| 2021 | 289 |
| 2022 | 282 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$22,917
Total Employees
14
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DERIN HUNT | RECORDING SECRETARY | $95,204 |
| BARBARA MARTIN | OFFICE MANAGER | $80,735 |
| CRANFORD KEMP | TRAINER/INSTRUCTOR | $55,344 |
| ISAIAH CLARK | TRAINER/INSTRUCTOR | $21,958 |
| ROBERT OLSEN | TRAINER/INSTRUCTOR | $20,887 |
| EMORY NEWSOME | TRAINER/INSTRUCTOR | $20,356 |
| MICHAEL HOWDER | TRAINER/INSTRUCTOR | $13,617 |
| PAUL PATRICK | PRESIDENT | $4,795 |
| TIM ROLLINS JR | SECRETARY/TREASURER | $2,939 |
| TYLER WARD | VICE PRESIDENT | $2,661 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023