National Association of Letter Carriers, Branch 462
Basic Information
Local 462
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 | $240,661 |
| Total Liabilities | $2,897 |
| Total Income | $89,292 |
| Total Spent | $72,359 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $125,041 (+15.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $115,620 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $2,897 |
| Mortgages | $0 |
Income
| Dues | $89,258 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $9 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $25 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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.
Total Spent in 2021
$72,359
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,000 (5.53%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $34,976 (48.34%) |
| 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: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
290
Income per Member
$308
Dues (per 0)
$29
Membership Trend
| Year | Members |
|---|---|
| 2002 | 199 |
| 2003 | 196 |
| 2004 | 199 |
| 2005 | 206 |
| 2006 | 278 |
| 2007 | 282 |
| 2008 | 272 |
| 2009 | 270 |
| 2010 | 255 |
| 2011 | 260 |
| 2012 | 247 |
| 2013 | 251 |
| 2014 | 243 |
| 2015 | 258 |
| 2016 | 277 |
| 2017 | 275 |
| 2018 | 282 |
| 2019 | 280 |
| 2020 | 302 |
| 2021 | 290 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,457
Total Employees
24
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL SHEWBART | PRESIDENT | $9,219 |
| GERALD LEONARD | TREASURER | $2,400 |
| CLAY THOMAS | SECRETARY | $1,920 |
| TRAVIS MCCOY | SHOP STEWARD | $1,817 |
| CORDELE MARDIS II | SHOP STEWARD | $1,800 |
| TAMMY CHAPMAN | SHOP STEWARD | $1,800 |
| BRYAN HAIGHT | SHOP STEWARD | $1,800 |
| GERALD LESLIE | SHOP STEWARD | $1,800 |
| JENNIFER NOLF-JEAN | VICE PRESIDENT | $1,800 |
| KATE DRASS | SHOP STEWARD | $1,800 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023