Transport Workers, Local 507
Basic Information
Local 507
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 | $120,235 |
| Total Liabilities | $0 |
| Total Income | $178,658 |
| Total Spent | $130,675 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $119,450 (+67.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $785 (-24.4%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $88,683 |
| Per Person Tax | $38,007 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $15 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $51,953 |
| 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
$130,675
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $39,849 (30.49%) |
| To Union Employees | $24,888 (19.05%) |
| Education | $0 (0.00%) |
| Fees | $4,993 (3.82%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
170
Income per Member
$1,051
Dues (per 0)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 469 |
| 2003 | 472 |
| 2004 | 372 |
| 2005 | 332 |
| 2006 | 309 |
| 2007 | 275 |
| 2008 | 271 |
| 2009 | 255 |
| 2010 | 246 |
| 2011 | 209 |
| 2012 | 217 |
| 2013 | 175 |
| 2014 | 148 |
| 2015 | 144 |
| 2016 | 141 |
| 2017 | 141 |
| 2018 | 175 |
| 2019 | 175 |
| 2020 | 173 |
| 2021 | 170 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,970
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RAUL ABREU | TREASURER | $12,356 |
| SEAN CURRIER | RECORDING SECRETARY | $9,022 |
| DANIEL BOUCHARD | VICE PRESIDENT | $8,015 |
| TIMOTHY HUGHES | PRESIDENT | $6,000 |
| KEVIN WALSH | DIRECTOR | $4,456 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023