Utility Workers, Local 470
Basic Information
Local 470
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 | $365,481 |
| Total Liabilities | $74,339 |
| Total Income | $456,640 |
| Total Spent | $451,658 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $152,068 (+3.4%) |
| Accounts Receivable | $10,323 (+388.1%) |
| Investments | $201,896 (+15.8%) |
| Fixed Assets | $1,194 (+15.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $441,892 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $5 |
| Dividends | $12,149 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $2,594 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,594 |
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
$451,658
Spending Overview
Spending Breakdown
| Representational | $190,529 (42.18%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $5,123 (1.13%) |
| General Overhead | $18,578 (4.11%) |
| Union Administration | $68,409 (15.15%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $157,190 (34.80%) |
| To Union Employees | $13,203 (2.92%) |
| 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
435
Income per Member
$1,050
Dues (per BI-WEEKLY)
PSEG: $46.54 UI: $38.24 COGENTRIX $46.54
Membership Trend
| Year | Members |
|---|---|
| 2002 | 460 |
| 2003 | 471 |
| 2004 | 468 |
| 2005 | 490 |
| 2006 | 494 |
| 2007 | 522 |
| 2008 | 523 |
| 2009 | 516 |
| 2010 | 538 |
| 2011 | 514 |
| 2012 | 580 |
| 2013 | 513 |
| 2014 | 505 |
| 2015 | 520 |
| 2016 | 529 |
| 2017 | 498 |
| 2018 | 479 |
| 2019 | 467 |
| 2020 | 438 |
| 2021 | 435 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,614
Total Employees
31
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MOSES RAMS | PRES/CHAIRMAN - UI | $44,513 |
| SIOBHAN SPRINGER | VP CCC/EXECUTIVE VP - UI | $25,017 |
| VIVIAN VALENTIN | RECORDING SEC - UI | $21,618 |
| $18,242 | ||
| MARC LEWANDOWSKI | PRESIDENT - PSEG | $14,066 |
| CARMINE SANTORELLI | EXEC V.P - PSEG | $13,497 |
| SUE DENEGRE | TREASURER - UI/PSEG | $12,023 |
| TRACEY BROWN | VP ELECTRICAL SYS- I-UI | $10,768 |
| DAREN JENKINS | REC. SECRETARY - PSEG | $9,958 |
| WILLIAM COLEMAN | SAFETY OFFICER - UI | $8,393 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023