Painters, Local 505
Basic Information
Local 505
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 | $33,191 |
| Total Liabilities | $0 |
| Total Income | $92,147 |
| Total Spent | $111,015 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $32,186 (-37.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,005 (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 | $92,147 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| 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
$111,015
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,316 (1.19%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $8,608 (7.75%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $500 (0.45%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
186
Income per Member
$495
Dues (per month)
$43
Membership Trend
| Year | Members |
|---|---|
| 2005 | 96 |
| 2006 | 81 |
| 2007 | 100 |
| 2008 | 108 |
| 2009 | 115 |
| 2010 | 111 |
| 2011 | 109 |
| 2012 | 109 |
| 2013 | 135 |
| 2014 | 136 |
| 2015 | 153 |
| 2016 | 168 |
| 2017 | 161 |
| 2018 | 171 |
| 2019 | 185 |
| 2020 | 186 |
| 2021 | 186 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$956
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JON BETTAC | FINANCIAL SECRETARY | $5,099 |
| TIM KAUFHOLD | TREASURER | $1,134 |
| RAY BEASLEY | PRESIDENT | $754 |
| TED JUREY | RECORDING SECRETARY | $380 |
| JIM PARSONS | TRUSTEE | $310 |
| RICK LAPONZA | TRUSTEE | $310 |
| TAMMY STEWART | TRUSTEE | $310 |
| ERIC ELKINS | WARDEN | $224 |
| MAX SWARTZ | VICE PRESIDENT | $87 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023