Carpenters, Local 423
Basic Information
Local 423
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 | $186,750 |
| Total Liabilities | $1,879 |
| Total Income | $279,054 |
| Total Spent | $317,300 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $178,349 (-17.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $8,401 (-20.6%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,879 |
| Mortgages | $0 |
Income
| Dues | $258,786 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $3,900 |
| Loan Repayment | $0 |
| Interest | $382 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $8,030 |
| Loans Obtained | $0 |
| Other Receipts | $7,706 |
| Affiliates | $250 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $7,706 |
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
$317,300
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $33,505 (10.56%) |
| General Overhead | $53,204 (16.77%) |
| Union Administration | $57,338 (18.07%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $37,205 (11.73%) |
| 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
1,345
Income per Member
$207
Dues (per MONTH)
$6-$21.00
Membership Trend
| Year | Members |
|---|---|
| 2017 | 1,287 |
| 2018 | 1,372 |
| 2019 | 1,369 |
| 2020 | 1,314 |
| 2021 | 1,340 |
| 2022 | 1,345 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,745
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BARRY OWENS | FINANCIAL SECRETARY | $14,761 |
| VIRGINIA GOLDEN | TREASURER | $8,953 |
| WADE BAUMGARTNER | PRESIDENT | $7,705 |
| ROB RECKART | RECORDING SECRETARY | $3,000 |
| CRAIG BAUMGARTNER | TRUSTEE | $1,822 |
| CHAD WEAVER | WARDEN | $1,235 |
| MATT ADAMS | TRUSTEE | $1,200 |
| ANTONIO CASAGRANDE | TRUSTEE | $1,200 |
| MIKE REGAN | VICE PRESIDENT | $664 |
| MARK RITCHEY | CONDUCTOR | $600 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023