Laborers, Local 724
Basic Information
Local 724
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 | $1,120,640 |
| Total Liabilities | $18,141 |
| Total Income | $2,069,725 |
| Total Spent | $1,625,736 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $896,517 (+98.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $224,123 (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 | $18,141 |
| Mortgages | $0 |
Income
| Dues | $1,419,675 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $9,172 |
| Loan Repayment | $0 |
| Interest | $134 |
| Dividends | $0 |
| Rents | $16,395 |
| Fees and Fines | $576,788 |
| Loans Obtained | $0 |
| Other Receipts | $47,561 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $26,692 |
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
$1,625,736
Spending Overview
Spending Breakdown
| Representational | $334,988 (20.61%) |
| Political Activities and Lobbying | $4,688 (0.29%) |
| Contributions, Gifts, and Grants | $55,902 (3.44%) |
| General Overhead | $384,126 (23.63%) |
| Union Administration | $135,204 (8.32%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $333,567 (20.52%) |
| To Union Employees | $100,862 (6.20%) |
| 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
1,608
Income per Member
$1,287
Dues (per QUARTER)
$129-$240
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,261 |
| 2003 | 1,205 |
| 2004 | 1,072 |
| 2005 | 1,483 |
| 2006 | 1,288 |
| 2007 | 1,249 |
| 2008 | 1,233 |
| 2009 | 1,186 |
| 2010 | 1,079 |
| 2011 | 1,066 |
| 2012 | 1,093 |
| 2013 | 1,048 |
| 2014 | 1,012 |
| 2015 | 1,001 |
| 2016 | 1,140 |
| 2017 | 1,193 |
| 2018 | 1,297 |
| 2019 | 1,500 |
| 2020 | 1,445 |
| 2021 | 1,461 |
| 2022 | 1,608 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$40,417
Total Employees
14
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ALEJANDRO AGUILAR JR | BUS. MGR./SEC. TREASURER | $234,424 |
| STEVE O'BANNON | PRESIDENT/FIELD REP | $153,350 |
| MARIA FLORES | OFFICE MANAGER | $78,498 |
| GABRIELA PARHAM | OFFICE | $44,014 |
| $13,299 | ||
| MIKE JOHNSON JR | RECORDING SECRETARY | $9,800 |
| DOMINIC SANDFREY | VICE PRESIDENT | $9,783 |
| RUSSEL LATIOLAIS | EXECUTIVE BOARD | $5,940 |
| RONALD GARCIA | EXECUTIVE BOARD | $5,756 |
| ALEJANDRO AGUILAR SR | EXECUTIVE BOARD | $5,100 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Other | 3 |
| Arts, Entertainment and Recreation | 3 |
| Service | 2 |
| Sports / Entertainment | 1 |
| Manufacturing | 1 |
| Accommodation and Food Services | 1 |