National Association of Letter Carriers, Branch 742
Basic Information
Local 742
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 | $30,808 |
| Total Liabilities | $0 |
| Total Income | $20,177 |
| Total Spent | $15,721 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $30,220 (+17.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $588 (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 | $20,117 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $16 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $44 |
| 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
$15,721
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $300 (1.91%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $5,860 (37.27%) |
| To Union Employees | $0 (0.00%) |
| 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
51
Income per Member
$396
Dues (per bi-weekly)
$27
Membership Trend
| Year | Members |
|---|---|
| 2002 | 65 |
| 2003 | 68 |
| 2004 | 61 |
| 2005 | 62 |
| 2006 | 57 |
| 2007 | 60 |
| 2008 | 60 |
| 2009 | 60 |
| 2010 | 60 |
| 2011 | 60 |
| 2012 | 55 |
| 2013 | 56 |
| 2014 | 54 |
| 2015 | 55 |
| 2016 | 56 |
| 2017 | 54 |
| 2018 | 56 |
| 2019 | 53 |
| 2020 | 50 |
| 2021 | 51 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,262
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TODD CLEAVES | STEWARD | $2,251 |
| BARRY JENNINGS | PRESIDENT | $2,221 |
| KERRY TILTON | VICE PRESIDENT | $1,747 |
| PATRICK SOUZA | VICE PRESIDENT | $518 |
| SHANE HOCHE | SECRETARY-TREASURY | $482 |
| JOAN SMITH | STEWARD | $353 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023