Graphic Communications, Local 550M
Basic Information
Local 550
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 | $20,170 |
| Total Liabilities | $0 |
| Total Income | $20,511 |
| Total Spent | $30,967 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $20,170 (-35.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $20,453 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $58 |
| 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: 2004 • 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 2004
$30,967
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 | $4,167 (13.46%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $12,726 (41.10%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023
Membership
Total Members
100
Income per Member
$205
Membership Trend
| Year | Members |
|---|---|
| 2002 | 100 |
| 2003 | 100 |
| 2004 | 100 |
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$772
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GORDON BEUKEMA | PRESIDENT | $3,682 |
| ALAN TERMOLEN | TREASURER | $434 |
| JOHN ARNOLD | EX BOARD | $167 |
| PETE CONLOGUE | EX BOARD | $135 |
| RAYMOND GALLOP | EX BOARD | $117 |
| TROY CONINE | EX BOARD | $96 |
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023