National Association of Letter Carriers, Branch 56 - Furniture City Branch # 56
Basic Information
Local 56
(FURNITURE CITY BRANCH # 56)
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 | $594,378 |
| Total Liabilities | $65,997 |
| Total Income | $221,059 |
| Total Spent | $186,803 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $284,328 (+13.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $310,050 (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 | $696 |
| Mortgages | $65,301 |
Income
| Dues | $194,313 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $534 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $26,212 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$186,803
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $16,995 (9.10%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $30,798 (16.49%) |
| To Union Employees | $18,475 (9.89%) |
| Education | $0 (0.00%) |
| Fees | $2,430 (1.30%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
421
Income per Member
$525
Dues (per bi-weekly)
$27
Membership Trend
| Year | Members |
|---|---|
| 2002 | 578 |
| 2003 | 584 |
| 2004 | 559 |
| 2005 | 537 |
| 2006 | 527 |
| 2007 | 583 |
| 2008 | 550 |
| 2009 | 525 |
| 2010 | 565 |
| 2011 | 521 |
| 2012 | 559 |
| 2013 | 550 |
| 2014 | 565 |
| 2015 | 376 |
| 2016 | 415 |
| 2017 | 416 |
| 2018 | 704 |
| 2019 | 421 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$3,568
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DARREL HELSLEY | PRESIDENT | $13,014 |
| DONALD KARL | VICE PRESIDENT | $7,734 |
| CHRISTINE SMITH | TREASURER | $4,279 |
| MICHAEL SCHREGARDUSC | HEALTH BENEFITS | $3,310 |
| AMY HELSLEY | FINANCIAL SECRETARY | $2,840 |
| MALINDA DEKKER | RECORDING SECRETARY | $2,631 |
| JOSEPH NOEL | TRUSTEE | $840 |
| LOUIS WAGNER | TRUSTEE | $432 |
| JAMES BURNS | TRUSTEE | $300 |
| LAWRENCE NIECE | SARGENT AT ARMS | $300 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021