National Association of Letter Carriers, Branch 4374
Basic Information
Local 4374
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 | $582,998 |
| Total Liabilities | $36,028 |
| Total Income | $470,238 |
| Total Spent | $379,722 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $339,520 (+36.4%) |
| Accounts Receivable | $17,943 (+30.9%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $225,535 (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 | $36,028 |
| Mortgages | $0 |
Income
| Dues | $280,865 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $102 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $189,271 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $13,144 |
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
$379,722
Spending Overview
Spending Breakdown
| Representational | $109,975 (28.96%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $13,219 (3.48%) |
| General Overhead | $152,348 (40.12%) |
| Union Administration | $68,305 (17.99%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $114,432 (30.14%) |
| To Union Employees | $25,869 (6.81%) |
| 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
1,038
Income per Member
$453
Dues (per Bi-weekly)
$28
Membership Trend
| Year | Members |
|---|---|
| 2002 | 880 |
| 2003 | 878 |
| 2005 | 885 |
| 2006 | 865 |
| 2007 | 884 |
| 2008 | 864 |
| 2009 | 844 |
| 2010 | 850 |
| 2011 | 832 |
| 2012 | 814 |
| 2013 | 882 |
| 2014 | 838 |
| 2015 | 870 |
| 2016 | 959 |
| 2017 | 998 |
| 2018 | 989 |
| 2019 | 1,003 |
| 2020 | 1,013 |
| 2021 | 1,038 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$15,564
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOHN SYACSURE III | PRESIDENT | $39,959 |
| STEVEN RUBINO | TREASURER | $38,791 |
| $32,254 | ||
| SHERRI RUTLEDGE | OWCP COMPENSATION OFFICER | $23,542 |
| REBEKAH SERWACH | VICE PRESIDENT | $15,398 |
| LORI FAYAD | SECRETARY | $15,056 |
| PAMELA KRAFT | TRUSTEE | $7,184 |
| EDWARD WHITE | TRUSTEE | $4,872 |
| MICHAEL SHERIDAN | MBA / HBP REPRESENTATIVE | $4,312 |
| JAMES HAVILAND | TRUSTEE | $3,939 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023