Carpenters, Local 740
Basic Information
Local 740
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 | $865,632 |
| Total Liabilities | $1,287 |
| Total Income | $430,919 |
| Total Spent | $447,326 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $861,942 (-1.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $3,690 (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 | $1,287 |
| Mortgages | $0 |
Income
| Dues | $206,962 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $5,011 |
| Loan Repayment | $0 |
| Interest | $2,343 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $211,404 |
| Loans Obtained | $0 |
| Other Receipts | $5,199 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $5,199 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$447,326
Spending Overview
Spending Breakdown
| Representational | $19,174 (4.29%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $66,736 (14.92%) |
| General Overhead | $221,182 (49.45%) |
| Union Administration | $17,342 (3.88%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $11,360 (2.54%) |
| To Union Employees | $41,295 (9.23%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
423
Income per Member
$1,019
Dues (per QUARTER)
$171
Membership Trend
| Year | Members |
|---|---|
| 2002 | 376 |
| 2003 | 384 |
| 2004 | 383 |
| 2005 | 388 |
| 2006 | 399 |
| 2007 | 383 |
| 2008 | 384 |
| 2009 | 381 |
| 2010 | 377 |
| 2011 | 377 |
| 2012 | 383 |
| 2013 | 381 |
| 2014 | 370 |
| 2015 | 357 |
| 2016 | 346 |
| 2017 | 365 |
| 2018 | 360 |
| 2019 | 396 |
| 2020 | 382 |
| 2021 | 405 |
| 2022 | 423 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$5,364
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MEGAN TROELLER | SECRETARY | $49,923 |
| JOHN MONTGOMERY | PRESIDENT/BUSINESS AGENT | $3,600 |
| MARY MCENEANEY | SECRETARY | $3,080 |
| PAUL DESILVA | RECORDING SECY | $2,000 |
| JOHN SULLIVAN | FINANCIAL SECY | $1,100 |
| VINCENT MATTERA | TREASURER | $950 |
| JASON GRAHAM | TRUSTEE | $950 |
| MICHAEL PRESCIA | TRUSTEE | $560 |
| MARK STERNBERG | VICE PRESIDENT | $550 |
| HAROL GOMEZ | TRUSTEE | $550 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023