National Association of Letter Carriers, Branch 458
Basic Information
Local 458
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 | $413,043 |
| Total Liabilities | $8,658 |
| Total Income | $367,104 |
| Total Spent | $380,641 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $357,732 (-3.6%) |
| Accounts Receivable | $22,429 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $32,882 (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 | $8,658 |
| Mortgages | $0 |
Income
| Dues | $349,349 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $3,199 |
| Loan Repayment | $0 |
| Interest | $879 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $7,966 |
| Affiliates | $144 |
| Members | $5,567 |
| Reinvestments | $0 |
| All Others | $7,966 |
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
$380,641
Spending Overview
Spending Breakdown
| Representational | $83,281 (21.88%) |
| Political Activities and Lobbying | $14,623 (3.84%) |
| Contributions, Gifts, and Grants | $37,483 (9.85%) |
| General Overhead | $88,405 (23.23%) |
| Union Administration | $88,826 (23.34%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $226,953 (59.62%) |
| To Union Employees | $15,490 (4.07%) |
| 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
938
Income per Member
$391
Dues (per biweekly)
$21
Membership Trend
| Year | Members |
|---|---|
| 2002 | 974 |
| 2003 | 920 |
| 2004 | 931 |
| 2005 | 920 |
| 2006 | 846 |
| 2007 | 917 |
| 2008 | 877 |
| 2009 | 877 |
| 2010 | 828 |
| 2011 | 792 |
| 2012 | 804 |
| 2013 | 809 |
| 2014 | 809 |
| 2015 | 892 |
| 2016 | 925 |
| 2017 | 927 |
| 2018 | 929 |
| 2019 | 914 |
| 2020 | 914 |
| 2021 | 926 |
| 2022 | 938 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$15,153
Total Employees
16
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KENNETH MAYFIELD | PRESIDENT | $97,374 |
| BRUCE CAVNER | EXECUTIVE VICE PRESIDENT | $32,709 |
| ERIC BEU | VICE PRESIDENT | $21,229 |
| $15,490 | ||
| STEPHEN RIGGS | RECORDING SECRETARY | $13,326 |
| DAVID MILLER | PRESIDENT | $11,868 |
| DONALD LANDIS | TREASURER | $10,938 |
| MARK SIMONE | TRUSTEE #1 | $8,047 |
| JEREMIAH GRANT | DIR OF MUTUAL BENEFITS | $6,341 |
| MEAGAN SPERLING | TRUSTEE #2 | $6,118 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023