Utility Workers, Local 555
Basic Information
Local 555
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 | $198,403 |
| Total Liabilities | $900 |
| Total Income | $84,681 |
| Total Spent | $84,559 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $198,403 (-2.4%) |
| 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 | $900 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $84,659 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $22 |
| 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
$84,559
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 | $16,000 (18.92%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $2,860 (3.38%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
172
Income per Member
$492
Dues (per week)
$10.00
Membership Trend
| Year | Members |
|---|---|
| 2002 | 198 |
| 2003 | 212 |
| 2004 | 200 |
| 2005 | 203 |
| 2006 | 204 |
| 2007 | 210 |
| 2008 | 220 |
| 2009 | 242 |
| 2010 | 430 |
| 2011 | 226 |
| 2012 | 226 |
| 2013 | 225 |
| 2014 | 193 |
| 2015 | 183 |
| 2016 | 176 |
| 2017 | 172 |
| 2018 | 175 |
| 2019 | 175 |
| 2020 | 172 |
| 2021 | 172 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,200
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KEVIN SCHOFF | PRESIDENT | $5,000 |
| WILLIAM PATRIC | VICE PRESIDENT | $4,000 |
| CHAD MOSHER | SECRETARY | $3,000 |
| RICHARD FOWLER | TREASURER | $3,000 |
| PATRICK DOYLE | ASST SECRETARY | $1,000 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023