National Association of Letter Carriers, Branch 531
Basic Information
Local 531
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 | $121,188 |
| Total Liabilities | $0 |
| Total Income | $91,615 |
| Total Spent | $93,307 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $86,148 (-1.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $35,040 (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 | $0 |
| Mortgages | $0 |
Income
| Dues | $84,274 |
| Per Person Tax | $62 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $28 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $7,251 |
| 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
$93,307
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $13,850 (14.84%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $28,616 (30.67%) |
| To Union Employees | $21,189 (22.71%) |
| 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
195
Income per Member
$470
Dues (per pay period)
$29
Membership Trend
| Year | Members |
|---|---|
| 2002 | 201 |
| 2003 | 195 |
| 2004 | 190 |
| 2005 | 179 |
| 2006 | 275 |
| 2007 | 272 |
| 2008 | 278 |
| 2009 | 296 |
| 2010 | 283 |
| 2011 | 276 |
| 2012 | 270 |
| 2013 | 270 |
| 2014 | 287 |
| 2015 | 284 |
| 2016 | 288 |
| 2017 | 288 |
| 2018 | 294 |
| 2019 | 180 |
| 2020 | 180 |
| 2021 | 195 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,180
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TROY LAHUE | PRESIDENT | $7,145 |
| CHAD FALLECKER | VICE PRESIDENT | $5,347 |
| GREG BUSBY | TREASURER | $5,273 |
| ROBERT LLOYD | SECRETARY | $5,241 |
| SCOTT SWISHER | SERGEANT AT ARMS | $1,376 |
| JOHN FALLECKER | TRUSTEE | $1,360 |
| HOLLY ALLEN | TRUSTEE | $1,126 |
| CHARLES SIGMAN | HEALTH BENEFIT REP | $876 |
| BARRY QUIGLEY | TRUSTEE | $872 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023