National Association of Letter Carriers, Branch 542
Basic Information
Local 542
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 | $78,828 |
| Total Liabilities | $922 |
| Total Income | $50,264 |
| Total Spent | $43,701 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $75,811 (+9.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $3,017 (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 | $922 |
| Mortgages | $0 |
Income
| Dues | $50,049 |
| Per Person Tax | $0 |
| Investments | $209 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $6 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$43,701
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $13,230 (30.27%) |
| 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
113
Income per Member
$445
Dues (per 0)
$29
Membership Trend
| Year | Members |
|---|---|
| 2002 | 230 |
| 2003 | 212 |
| 2004 | 152 |
| 2005 | 156 |
| 2006 | 156 |
| 2007 | 156 |
| 2008 | 156 |
| 2009 | 146 |
| 2010 | 143 |
| 2011 | 133 |
| 2012 | 128 |
| 2013 | 125 |
| 2014 | 120 |
| 2015 | 121 |
| 2016 | 142 |
| 2017 | 124 |
| 2018 | 136 |
| 2019 | 135 |
| 2020 | 119 |
| 2021 | 113 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,534
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| FRANK PAVGOUZAS | PRESIDENT | $3,599 |
| WILLIAM COSS | VICE PRESIDENT | $3,068 |
| JOEL STIMMLER | TREASURER | $2,873 |
| ROBERTO GRIFFIN | SECRETARY | $2,594 |
| DOUG AVERY | SERGEANT AT ARMS | $1,436 |
| PETER ROBERTS | SHOP STEWARD | $575 |
| JOHN LOCK | PRESIDENT | $459 |
| RICH FARRA | TRUSTEE | $255 |
| DONALD FELICE | TRUSTEE | $255 |
| GORDON STEPHENS | TRUSTEE | $224 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023