, Local 516
Basic Information
Local 516
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 | $38,012 |
| Total Liabilities | $2,033 |
| Total Income | $9,141 |
| Total Spent | $11,505 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $38,012 (-5.9%) |
| 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 | $2,033 |
| Mortgages | $0 |
Income
| Dues | $9,141 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| 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: 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
$11,505
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 | $7,435 (64.62%) |
| To Union Employees | $394 (3.42%) |
| Education | $0 (0.00%) |
| Fees | $1,680 (14.60%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
132
Income per Member
$69
Dues (per 1)
.07/.088
Membership Trend
| Year | Members |
|---|---|
| 2002 | 240 |
| 2003 | 240 |
| 2004 | 0 |
| 2005 | 0 |
| 2006 | 261 |
| 2007 | 236 |
| 2008 | 241 |
| 2009 | 241 |
| 2010 | 191 |
| 2011 | 19 |
| 2012 | 177 |
| 2013 | 167 |
| 2014 | 160 |
| 2015 | 154 |
| 2016 | 154 |
| 2017 | 159 |
| 2018 | 155 |
| 2019 | 162 |
| 2020 | 162 |
| 2021 | 132 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,487
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHRISTOPHER FRANKLIN | VICE PRESIDENT | $1,968 |
| DAVID VINCENT | SECRETARY | $1,968 |
| NATHAN PASCHAL | PRESIDENT | $1,749 |
| DAVID CRAFT | PRESIDENT | $875 |
| T SMITH JR | TREASURER | $875 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023