Utility Workers, Local 551
Basic Information
Local 551
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 | $217,484 |
| Total Liabilities | $0 |
| Total Income | $59,938 |
| Total Spent | $71,722 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $217,484 (-5.1%) |
| 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 | $59,891 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $47 |
| 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
$71,722
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $12,125 (16.91%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $13,500 (18.82%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
80
Income per Member
$749
Dues (per month)
$59
Membership Trend
| Year | Members |
|---|---|
| 2002 | 154 |
| 2003 | 166 |
| 2004 | 157 |
| 2005 | 154 |
| 2006 | 162 |
| 2007 | 159 |
| 2008 | 160 |
| 2009 | 6 |
| 2011 | 164 |
| 2012 | 163 |
| 2013 | 160 |
| 2014 | 163 |
| 2015 | 154 |
| 2016 | 155 |
| 2017 | 151 |
| 2018 | 150 |
| 2019 | 150 |
| 2020 | 150 |
| 2021 | 97 |
| 2022 | 80 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,688
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| IAN RIDDLE | PRESIDENT | $4,151 |
| MARK SOLOMON | VICE-PRESIDENT | $3,259 |
| APRIL MATT | TREASURER | $2,231 |
| JUSTIN SCHARNOW | SECRETARY | $1,575 |
| CHRIS HOFFMAN | TRUSTEE | $600 |
| DAN GONZALEZ | TRUSTEE | $600 |
| BRANDON MORRIS | TRUSTEE | $559 |
| BRANDON MORRIS | SECRETARY | $525 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023