Utility Workers, Local 424
Basic Information
Local 424
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 | $192,199 |
| Total Liabilities | $0 |
| Total Income | $200,355 |
| Total Spent | $201,257 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $178,142 (-0.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $13,357 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $700 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $194,967 |
| Per Person Tax | $0 |
| Investments | $5,250 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $138 |
| 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: 2020 • 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 2020
$201,257
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $100 (0.05%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $5,400 (2.68%) |
| To Union Employees | $2,660 (1.32%) |
| Education | $0 (0.00%) |
| Fees | $40,450 (20.10%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023
Membership
Total Members
162
Income per Member
$1,237
Dues (per Week)
$23
Membership Trend
| Year | Members |
|---|---|
| 2002 | 267 |
| 2003 | 254 |
| 2004 | 245 |
| 2005 | 166 |
| 2006 | 163 |
| 2007 | 156 |
| 2008 | 161 |
| 2010 | 168 |
| 2011 | 168 |
| 2012 | 173 |
| 2013 | 175 |
| 2014 | 174 |
| 2015 | 170 |
| 2016 | 170 |
| 2017 | 181 |
| 2018 | 176 |
| 2019 | 176 |
| 2020 | 162 |
| 2021 | 165 |
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,350
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| THOMAS DIFRANCO | PRESIDENT | $1,440 |
| MICHAEL KELLY | TREASURER | $1,440 |
| JEFFREY SYLVESTER | SECRETARY | $1,320 |
| EDWARD PIER | VICE PRESIDENT | $1,200 |
Source: Office of Labor Management Standards
Year Covered: 2020 • Last Updated: June 12th, 2023