American Postal Workers, Local 531 - Traverse City
Basic Information
Local 531
(TRAVERSE CITY)
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 | $37,106 |
| Total Liabilities | $0 |
| Total Income | $68,751 |
| Total Spent | $76,295 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $30,528 (-19.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $6,578 (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 | $68,268 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $233 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $250 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$76,295
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $6,085 (7.98%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $24,862 (32.59%) |
| To Union Employees | $2,506 (3.28%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
164
Income per Member
$419
Dues (per BW)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 0 |
| 2003 | 187 |
| 2004 | 165 |
| 2005 | 161 |
| 2006 | 165 |
| 2007 | 171 |
| 2008 | 168 |
| 2009 | 158 |
| 2010 | 148 |
| 2011 | 145 |
| 2012 | 155 |
| 2013 | 137 |
| 2014 | 156 |
| 2015 | 147 |
| 2016 | 150 |
| 2017 | 169 |
| 2018 | 164 |
| 2019 | 164 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$4,865
Total Employees
7
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| VINCENT NICHOLS | PRESIDENT | $12,984 |
| RONALD KRUMRIE | VICE PRESIDENT | $10,488 |
| DIANA BURFIELD | TRUSTEE | $5,445 |
| DEBRA HOLMES | TRUSTEE | $3,557 |
| CHERYL REED | TRUSTEE | $675 |
| CHRISTINE SOMMERS | TRUSTEE | $480 |
| JOE THREET | SECRETARY | $425 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021