National Association of Letter Carriers, Branch 505
Basic Information
Local 505
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 | $500,684 |
| Total Liabilities | $2,506 |
| Total Income | $199,688 |
| Total Spent | $133,247 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $290,684 (+29.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $210,000 (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 | $2,506 |
| Mortgages | $0 |
Income
| Dues | $199,182 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $9 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $497 |
| 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
$133,247
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,200 (0.90%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $46,402 (34.82%) |
| To Union Employees | $32,634 (24.49%) |
| Education | $0 (0.00%) |
| Fees | $1,219 (0.91%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
887
Income per Member
$225
Dues (per 0)
$29
Membership Trend
| Year | Members |
|---|---|
| 2002 | 462 |
| 2003 | 435 |
| 2004 | 441 |
| 2005 | 643 |
| 2006 | 653 |
| 2007 | 641 |
| 2008 | 423 |
| 2009 | 597 |
| 2010 | 406 |
| 2011 | 611 |
| 2012 | 366 |
| 2013 | 363 |
| 2014 | 386 |
| 2015 | 611 |
| 2016 | 408 |
| 2017 | 681 |
| 2018 | 668 |
| 2019 | 710 |
| 2020 | 699 |
| 2021 | 887 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,344
Total Employees
13
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SALVADOR RODRIGUEZ | PRESIDENT | $10,292 |
| ALBERTO ANCHONDO | VICE-PRESIDENT | $10,021 |
| OSCAR CABRAL | FINANCIAL SECRETARY | $9,379 |
| ROBERT LOPEZ | TREASURER | $7,863 |
| ARTURO GALLARDO | RECORDING SECRETARY | $7,571 |
| OCTAVIO HERNANDEZ | ASST SEC TREASURER | $2,826 |
| JAIME ORTIZ | HEALTH BENEFIT REP. | $2,600 |
| JESUS GUTIERREZ | NEWSLETTER EDITOR | $2,496 |
| STEVEN WAGES | ASST. NEWS EDITOR | $1,254 |
| ANA MARTINEZ | MUTUAL BENEFITS REP. | $1,023 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023