Carpenters, National Headquarters
Basic Information
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 | $734,311,476 |
| Total Liabilities | $5,736,778 |
| Total Income | $148,875,850 |
| Total Spent | $141,108,294 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $39,980,012 (+24.1%) |
| Accounts Receivable | $6,062,038 (-16.4%) |
| Investments | $444,096,206 (-2.3%) |
| Fixed Assets | $117,588,510 (-2.3%) |
| Treasury Securities | $112,968,901 (+9.7%) |
| Other Assets | $6,776,287 (+43.1%) |
| Loans Receivable | $6,839,522 (+2.3%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $1,526,331 |
| Other Liabilities | $4,210,447 |
| Mortgages | $0 |
Income
| Dues | $0 |
| Per Person Tax | $75,052,665 |
| Investments | $45,002,013 |
| Supplies | $189,954 |
| Loan Repayment | $160,037 |
| Interest | $6,634,185 |
| Dividends | $3,837,093 |
| Rents | $3,366,110 |
| Fees and Fines | $641,302 |
| Loans Obtained | $0 |
| Other Receipts | $12,614,273 |
| Affiliates | $1,378,218 |
| Members | $0 |
| Reinvestments | $53,518,081 |
| All Others | $218,536 |
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
$141,108,294
Spending Overview
Spending Breakdown
| Representational | $2,642,645 (1.87%) |
| Political Activities and Lobbying | $18,226,725 (12.92%) |
| Contributions, Gifts, and Grants | $10,431,206 (7.39%) |
| General Overhead | $18,976,728 (13.45%) |
| Union Administration | $12,564,678 (8.90%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $2,946,198 (2.09%) |
| To Union Employees | $5,587,675 (3.96%) |
| 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
430,605
Income per Member
$346
Dues (per N/A)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 531,839 |
| 2003 | 523,271 |
| 2004 | 524,237 |
| 2005 | 522,416 |
| 2006 | 523,126 |
| 2007 | 523,815 |
| 2008 | 511,053 |
| 2009 | 473,777 |
| 2010 | 446,694 |
| 2011 | 428,207 |
| 2012 | 415,806 |
| 2013 | 411,050 |
| 2014 | 412,278 |
| 2015 | 447,743 |
| 2016 | 445,870 |
| 2017 | 424,826 |
| 2018 | 435,904 |
| 2019 | 437,634 |
| 2020 | 432,107 |
| 2021 | 430,605 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$165,092
Total Employees
79
Employees Making more than $75,000
60
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DOUGLAS MCCARRON | GENERAL PRESIDENT | $587,743 |
| RANDY THORNHILL | DISTRICT VP | $545,931 |
| FRANK SPENCER | FIRST GENERAL VP | $483,863 |
| THOMAS FLYNN | GENERAL SEC-TREAS | $457,502 |
| DAVID THARP | SECOND GENERAL VP | $445,763 |
| MICHAEL CAPELLI | RETIRING GENERAL SECTREAS | $416,873 |
| DENNIS DONAHOU | DISTRICT VP | $364,986 |
| MARK MCGRIFF | DISTRICT VP | $358,475 |
| WILLIAM WATERKOTTE | DISTRICT VP | $356,144 |
| MICHAEL ROWE | DISTRICT VP | $298,933 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023