Transit Union, Local 714
Basic Information
Local 714
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 | $64,420 |
| Total Liabilities | $0 |
| Total Income | $86,970 |
| Total Spent | $84,628 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $64,420 (+3.8%) |
| 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 | $86,222 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $746 |
| 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
$84,628
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,150 (2.54%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $37,488 (44.30%) |
| To Union Employees | $1,417 (1.67%) |
| Education | $0 (0.00%) |
| Fees | $820 (0.97%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
111
Income per Member
$784
Dues (per WEEK)
$16
Membership Trend
| Year | Members |
|---|---|
| 2008 | 102 |
| 2009 | 93 |
| 2010 | 101 |
| 2011 | 96 |
| 2012 | 84 |
| 2013 | 86 |
| 2014 | 94 |
| 2015 | 107 |
| 2016 | 111 |
| 2017 | 114 |
| 2018 | 109 |
| 2019 | 123 |
| 2020 | 115 |
| 2021 | 111 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,038
Total Employees
16
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| EDWARD KNUTSON | PRESIDENT | $14,976 |
| BRENDAN BURKE | FINANCIAL SECRETARY | $8,695 |
| MICHAEL FRAGER | VICE-PRESIDENT | $8,112 |
| BRUCE WARD | RECORDING SECRETARY | $3,625 |
| TIFFANY LISTER | STEWARD | $2,682 |
| JOHN BUTLER | STEWARD | $2,102 |
| PAMELA MURPHY | STEWARD | $1,635 |
| JOSEPH THOMAS | DRIVER STEWARD | $1,473 |
| DENNIS ANGLEA | STEWARD | $1,377 |
| STEPHEN MCCLARY | MECHANIC STEWARD | $1,110 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023