Carpenters, Local 716
Basic Information
Local 716
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 | $261,075 |
| Total Liabilities | $1,687 |
| Total Income | $178,565 |
| Total Spent | $166,346 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $253,804 (+5.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,447 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $5,824 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,687 |
| Mortgages | $0 |
Income
| Dues | $170,982 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $400 |
| Loans Obtained | $0 |
| Other Receipts | $7,183 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$166,346
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $6,574 (3.95%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $20,337 (12.23%) |
| To Union Employees | $0 (0.00%) |
| 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
745
Income per Member
$240
Dues (per MONTH)
$26.00
Membership Trend
| Year | Members |
|---|---|
| 2012 | 751 |
| 2013 | 728 |
| 2014 | 714 |
| 2015 | 698 |
| 2016 | 691 |
| 2017 | 694 |
| 2018 | 710 |
| 2019 | 717 |
| 2020 | 725 |
| 2021 | 746 |
| 2022 | 745 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,144
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOE BRUSSEL | RECORDING SECRETARY | $5,086 |
| IAN HACKER | TREASURER | $4,889 |
| JOE FRIEDERICH | FINANCIAL SECRETARY | $4,840 |
| THOMAS SCHWAN | PRESIDENT | $2,310 |
| TIM KELLY | VICE PRESIDENT | $1,916 |
| RICK STORIE | CONDUCTOR | $1,809 |
| TIMOTHY LEONARD | TRUSTEE | $1,504 |
| ROBERT DERHAKE III | TRUSTEE | $1,029 |
| JOHN DECLUE | TRUSTEE | $1,029 |
| STEVE DERBY JR. | WARDEN | $801 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023