National Association of Letter Carriers, Branch 361
Basic Information
Local 361
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 | $569,670 |
| Total Liabilities | $7,509 |
| Total Income | $160,826 |
| Total Spent | $145,543 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $205,863 (+8.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $363,807 (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 | $7,509 |
| Mortgages | $0 |
Income
| Dues | $158,462 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $60 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $2,304 |
| 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
$145,543
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 | $50,604 (34.77%) |
| To Union Employees | $16,949 (11.65%) |
| 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
564
Income per Member
$285
Dues (per Year)
$219
Membership Trend
| Year | Members |
|---|---|
| 2002 | 649 |
| 2003 | 674 |
| 2004 | 691 |
| 2005 | 687 |
| 2006 | 649 |
| 2007 | 654 |
| 2008 | 664 |
| 2009 | 653 |
| 2010 | 621 |
| 2011 | 619 |
| 2012 | 600 |
| 2013 | 555 |
| 2014 | 551 |
| 2015 | 542 |
| 2016 | 571 |
| 2017 | 623 |
| 2018 | 573 |
| 2019 | 588 |
| 2020 | 555 |
| 2021 | 564 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,600
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL HOLBROOK | DIRECTOR OF RETIREES | $19,047 |
| KENNETH BECRAFT | PRESIDENT | $10,201 |
| DENISE PRESTON | VICE PRESIDENT | $5,845 |
| CYNTHIA LINDSAY | TREASURER | $4,827 |
| CRYSTAL SMITH | RECORDING SECRETARY | $4,678 |
| ZED WALTZ | SARGENT AT ARMS | $3,446 |
| JAMES SMITH | TRUSTEE | $680 |
| ROBERT MCNULTY | TRUSTEE | $480 |
| WILLIAM CRAIG | TRUSTEE | $480 |
| MARK WHITCOMB | HEALTH BENEFITS REPRESENT | $480 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023