, Local 88
Basic Information
Local 88
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 | $449,158 |
| Total Liabilities | $20,830 |
| Total Income | $127,255 |
| Total Spent | $128,480 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $15,218 (-7.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $385,355 (-23.8%) |
| Fixed Assets | $38,411 (-23.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $10,174 (-18.6%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $20,830 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $81,728 |
| Per Person Tax | $0 |
| Investments | $40,000 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $5,527 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$128,480
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $200 (0.16%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $76,630 (59.64%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $8,911 (6.94%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
200
Income per Member
$636
Dues (per WAGES)
1.55%
Membership Trend
| Year | Members |
|---|---|
| 2002 | 330 |
| 2003 | 300 |
| 2004 | 300 |
| 2005 | 300 |
| 2006 | 280 |
| 2007 | 210 |
| 2008 | 164 |
| 2009 | 164 |
| 2010 | 164 |
| 2011 | 164 |
| 2012 | 159 |
| 2013 | 159 |
| 2014 | 164 |
| 2015 | 162 |
| 2016 | 162 |
| 2017 | 162 |
| 2018 | 200 |
| 2019 | 200 |
| 2020 | 200 |
| 2021 | 200 |
| 2022 | 200 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$5,189
Total Employees
15
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MIKE LEDGER | PRESIDENT | $40,040 |
| DAVE BARTON | TREASURER | $15,541 |
| JOHN ALEXANDER | VICE PRESIDENT | $7,029 |
| ROB MAUGERI | FINANCIAL SECRETARY | $5,081 |
| TERRY WALKER | VICE PRESIDENT | $3,211 |
| RICH FAUNCE | VICE PRESIDENT | $1,500 |
| JASON GARDINER | WAGE COMMITTEE | $1,500 |
| DANIAL BOSCO | WAGE COMMITTEE | $1,500 |
| ED KUBIS | TRUSTEE | $1,160 |
| MIKE MASON | TRUSTEE | $500 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023