National Association of Letter Carriers, Branch 2550
Basic Information
Local 2550
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 | $618,556 |
| Total Liabilities | $1,486 |
| Total Income | $449,575 |
| Total Spent | $425,685 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $317,233 (+8.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $299,351 (-1.6%) |
| Fixed Assets | $1,972 (-1.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $1,486 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $440,882 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $404 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $8,289 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $8,289 |
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
$425,685
Spending Overview
Spending Breakdown
| Representational | $146,108 (34.32%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $13,129 (3.08%) |
| General Overhead | $111,792 (26.26%) |
| Union Administration | $40,714 (9.56%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $147,501 (34.65%) |
| To Union Employees | $31,367 (7.37%) |
| 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
1,469
Income per Member
$306
Dues (per pay period)
$29.02
Membership Trend
| Year | Members |
|---|---|
| 2002 | 952 |
| 2003 | 910 |
| 2004 | 1,180 |
| 2005 | 1,236 |
| 2006 | 1,210 |
| 2007 | 1,242 |
| 2008 | 1,250 |
| 2009 | 1,208 |
| 2010 | 1,157 |
| 2011 | 1,148 |
| 2012 | 1,131 |
| 2013 | 1,185 |
| 2014 | 1,261 |
| 2015 | 1,234 |
| 2016 | 1,265 |
| 2017 | 1,322 |
| 2018 | 1,354 |
| 2019 | 1,337 |
| 2020 | 1,354 |
| 2021 | 1,469 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$16,034
Total Employees
14
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JERREL KINLOCH | PRESIDENT | $91,218 |
| DAJAK WILLIAMS | VICE PRESIDENT | $84,497 |
| TAMMIE CADWELL | OFFICE MANAGER | $13,702 |
| LAWRENCE HELLER | OFFICE MANAGER | $13,375 |
| $8,918 | ||
| OSCAR FERREIRA | REC. SECRETARY | $4,955 |
| GRELETTE WALKER | SEC/TREASURER | $3,092 |
| MARTIN IRELAND | HEALTH BEN. REP | $1,387 |
| JIMMIE WIDEMAN | SRGT AT ARMS | $985 |
| THOMAS WAGNER | TRUSTEE | $966 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023