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Union Facts

, Local 480

Basic Information

Local 480

Quick Facts

Address


BOX 353
FARIBAULT, MN 55021

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 $672,545
Total Liabilities $183,863
Total Income $755,049
Total Spent $785,834

Total Assets Trend

Assets (Change from previous report)

Cash $117,112 (-20.8%)
Accounts Receivable $0 (0.0%)
Investments $301,244 (+12.1%)
Fixed Assets $248,410 (+12.1%)
Treasury Securities $0 (0.0%)
Other Assets $5,779 (+1.3%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $34,906
Other Liabilities $4,759
Mortgages $144,198

Income

Dues $640,298
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $0
Dividends $23,584
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $91,167
Affiliates $0
Members $0
Reinvestments $0
All Others $91,167

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.

Spending Overview

Spending Breakdown

Representational $347,861 (44.27%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $0 (0.00%)
General Overhead $0 (0.00%)
Union Administration $63,940 (8.14%)
Strike Benefits $0 (0.00%)
To Union Officers $136,400 (17.36%)
To Union Employees $168,378 (21.43%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
2002795
2003710
2004674
2005620
2006680
2007695
2008748
2009590
2010620
2011639
2012648
2013624
2014642
2015699
2016754
2017867
2018906
20191,003
20201,100
2021999

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
WILLIAM DYRDAHLORGANIZER$68,830
SAMANTHA HALVORSONOFFICE MANAGER$67,616
JOHN STEPANBUSINESS MANAGER$53,488
DONAVAN VIERLINGBUSINESS MANAGER$44,237
$31,932
SCOTT NEWMANFINANCIAL SECRETARY$9,599
RUSSELL LACANNEPRESIDENT$6,165
PAT GRAFFVICE PRESIDENT$4,777
TED ROTHSTEINPRESIDENT$3,690
ADAM MCDONALDRECORDING SECRETARY$3,614

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023