Carpenters, 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 | $1,065,196 |
| Total Liabilities | $22,301 |
| Total Income | $364,678 |
| Total Spent | $407,290 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $890,945 (-4.6%) |
| Accounts Receivable | $5,665 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $168,586 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $252,909 |
| Per Person Tax | $67,975 |
| Investments | $0 |
| Supplies | $425 |
| Loan Repayment | $0 |
| Interest | $10,462 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $9,738 |
| Loans Obtained | $0 |
| Other Receipts | $23,169 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,577 |
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
$407,290
Spending Overview
Spending Breakdown
| Representational | $40,783 (10.01%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $5,318 (1.31%) |
| General Overhead | $96,228 (23.63%) |
| Union Administration | $61,701 (15.15%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $4,840 (1.19%) |
| To Union Employees | $82,551 (20.27%) |
| 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
1,405
Income per Member
$260
Dues (per Month)
$25
Membership Trend
| Year | Members |
|---|---|
| 2002 | 860 |
| 2003 | 851 |
| 2004 | 770 |
| 2005 | 951 |
| 2006 | 906 |
| 2007 | 868 |
| 2008 | 927 |
| 2009 | 818 |
| 2010 | 881 |
| 2011 | 923 |
| 2012 | 915 |
| 2013 | 887 |
| 2014 | 989 |
| 2015 | 1,155 |
| 2016 | 955 |
| 2017 | 1,102 |
| 2018 | 1,046 |
| 2019 | 955 |
| 2020 | 822 |
| 2021 | 1,176 |
| 2022 | 1,405 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,961
Total Employees
15
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SOLANGE VALVERDE | OFFICE MANAGER | $51,801 |
| KAYLA DLOUHY | SECRETARY | $40,209 |
| $7,560 | ||
| ERNESTO GOMEZ | TRUSTEE | $1,185 |
| VINCENT DEAN | TREASURER | $827 |
| TRACY EVANS | TRUSTEE | $633 |
| THOMAS COWART | VICE PRESIDENT | $498 |
| JORGE CALDERON | WARDEN | $437 |
| TERRY SPEARS | RECORDING SECRETARY | $314 |
| ROSSLYN GIBSON | TREASURER | $287 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023