Transit Union, Local 1603
Basic Information
Local 1603
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 | $22,440 |
| Total Liabilities | $781 |
| Total Income | $32,162 |
| Total Spent | $45,964 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $22,440 (-38.1%) |
| 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 | $781 |
| Mortgages | $0 |
Income
| Dues | $23,111 |
| Per Person Tax | $9,002 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $49 |
| 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
$45,964
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 | $23,361 (50.82%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $3,460 (7.53%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
60
Income per Member
$536
Dues (per member)
$65
Membership Trend
| Year | Members |
|---|---|
| 2002 | 131 |
| 2003 | 120 |
| 2004 | 119 |
| 2005 | 124 |
| 2006 | 126 |
| 2007 | 121 |
| 2008 | 181 |
| 2009 | 188 |
| 2010 | 187 |
| 2011 | 180 |
| 2012 | 169 |
| 2013 | 157 |
| 2014 | 115 |
| 2015 | 111 |
| 2016 | 109 |
| 2017 | 109 |
| 2018 | 103 |
| 2019 | 107 |
| 2020 | 84 |
| 2021 | 60 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,279
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DENNIS JORGENSON | PRESIDENT | $10,922 |
| MARK OBERT | FINANCIAL SECRETARY | $6,985 |
| AUGUSTO SILVANY | RECORDING SECRETARY | $6,680 |
| JAMIE REYES | VICE PRESIDENT | $4,528 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023