Boilermakers, Lodge 455
Basic Information
Local 455
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 | $790,374 |
| Total Liabilities | $5,703 |
| Total Income | $446,971 |
| Total Spent | $492,180 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $554,007 (-7.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $234,155 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,212 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $5,703 |
| Mortgages | $0 |
Income
| Dues | $278,515 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,852 |
| Dividends | $0 |
| Rents | $4,000 |
| Fees and Fines | $24,666 |
| Loans Obtained | $0 |
| Other Receipts | $129,647 |
| Affiliates | $8,291 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $7,687 |
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
$492,180
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,806 (0.57%) |
| General Overhead | $45,995 (9.35%) |
| Union Administration | $194,515 (39.52%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $0 (0.00%) |
| To Union Employees | $93,618 (19.02%) |
| 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
347
Income per Member
$1,288
Dues (per Month)
$55
Membership Trend
| Year | Members |
|---|---|
| 2002 | 678 |
| 2003 | 776 |
| 2004 | 746 |
| 2005 | 689 |
| 2006 | 672 |
| 2007 | 679 |
| 2008 | 753 |
| 2009 | 690 |
| 2010 | 638 |
| 2011 | 620 |
| 2012 | 558 |
| 2013 | 511 |
| 2014 | 504 |
| 2015 | 485 |
| 2016 | 469 |
| 2017 | 466 |
| 2018 | 406 |
| 2019 | 458 |
| 2020 | 407 |
| 2021 | 382 |
| 2022 | 347 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,802
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| NATALIE HAMILTON | OFFICE SECRETARY | $58,679 |
| MICHAEL WALDROP | TRAINER | $17,774 |
| JIMMY RILEY | TRAINER | $10,542 |
| $6,623 | ||
| TROY WHEATLEY | INSPECTOR | $0 |
| LARRY PHILLIPS | PRESIDENT | $0 |
| JOSHUA BENNEFIELD | RECORDING SECRETARY | $0 |
| JACOB MCDANIEL | TRUSTEE | $0 |
| EDWIN III HOWARD | SECRETARY-TREASURER | $0 |
| ZACHARIAH HAMILTON | VICE-PRESIDENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023