National Association of Letter Carriers, Branch 2502
Basic Information
Local 2502
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 | $1,237,784 |
| Total Liabilities | $0 |
| Total Income | $772,009 |
| Total Spent | $730,320 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $0 (0.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $716,195 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $84 |
| Dividends | $12,486 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $10,671 |
| Affiliates | $0 |
| Members | $32,573 |
| Reinvestments | $0 |
| All Others | $10,671 |
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
$730,320
Spending Overview
Spending Breakdown
| Representational | $173,041 (23.69%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $17,286 (2.37%) |
| General Overhead | $235,502 (32.25%) |
| Union Administration | $218,304 (29.89%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $250,446 (34.29%) |
| To Union Employees | $160,571 (21.99%) |
| 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
1,574
Income per Member
$490
Dues (per pay period)
$33
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,638 |
| 2003 | 1,638 |
| 2004 | 1,673 |
| 2005 | 1,729 |
| 2006 | 1,777 |
| 2007 | 1,804 |
| 2008 | 1,785 |
| 2009 | 1,700 |
| 2010 | 1,638 |
| 2011 | 1,503 |
| 2012 | 1,278 |
| 2013 | 1,330 |
| 2014 | 1,583 |
| 2015 | 1,600 |
| 2016 | 1,887 |
| 2017 | 1,529 |
| 2018 | 1,854 |
| 2019 | 1,506 |
| 2020 | 1,406 |
| 2021 | 1,713 |
| 2022 | 1,574 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$35,383
Total Employees
14
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $172,633 | ||
| GLENN NORTON | PRESIDENT | $107,460 |
| PAUL PETERMAN | EXECUTIVE VICE PRESIDENT | $91,566 |
| KENNETH LIGGETT | VICE PRESIDENT | $80,355 |
| JERRY PENN | RECORDING SECRETARY | $11,874 |
| NANCY BIRDSONG | TREASURER | $10,146 |
| LORETTA BRODEUR | HEALTH BENEFIT REP | $6,133 |
| LADENA LONG | TRUSTEE | $5,262 |
| DAVID CLARK | SGT AT ARMS | $3,451 |
| YVONNE LIGGETT | TRUSTEE | $2,906 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023