Center for Union Facts logo

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 $507,673
Total Liabilities $185,217
Total Income $600,441
Total Spent $579,304

Total Assets Trend

Assets (Change from previous report)

Cash $69,956 (+43.3%)
Accounts Receivable $0 (0.0%)
Investments $196,430 (+21.6%)
Fixed Assets $234,968 (+21.6%)
Treasury Securities $0 (0.0%)
Other Assets $6,319 (+25.5%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $26,055
Other Liabilities $3,494
Mortgages $155,668

Income

Dues $589,142
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $22
Dividends $8,495
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $2,782
Affiliates $0
Members $0
Reinvestments $0
All Others $2,782

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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 $237,921 (41.07%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $0 (0.00%)
General Overhead $0 (0.00%)
Union Administration $44,404 (7.67%)
Strike Benefits $0 (0.00%)
To Union Officers $123,587 (21.33%)
To Union Employees $84,556 (14.60%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

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

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOHN STEPANBUSINESS MANAGER$95,529
SAMANTHA HALVORSONOFFICE MANAGER$57,240
$27,316
SCOTT NEWMANFINANCIAL SECRETARY$9,602
LINDA HUNT CHAMBERLAINRECORDING SECRETARY$4,630
RUSSELL LACANNEPRESIDENT$4,480
ADAN WILKINGVICE PRESIDENT$2,443
BEN SAMMONEXECUTIVE BOARD$1,917
GLEN HANSONEXECUTIVE BOARD$1,422
JESSICA FELLEXECUTIVE BOARD$990

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021