Iron Workers, Local 601
Basic Information
Local 601
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 | $278,175 |
| Total Liabilities | $22,329 |
| Total Income | $145,208 |
| Total Spent | $146,699 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $36,181 (-4.0%) |
| Accounts Receivable | $17,086 (+25.1%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $224,908 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $45,559 |
| Per Person Tax | $0 |
| Investments | $2,500 |
| Supplies | $890 |
| Loan Repayment | $0 |
| Interest | $575 |
| Dividends | $0 |
| Rents | $1,800 |
| Fees and Fines | $59,981 |
| Loans Obtained | $16,090 |
| Other Receipts | $17,813 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,813 |
Source: Office of Labor Management Standards
Year Covered: 2006 • 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 2006
$146,699
Spending Overview
Spending Breakdown
| Representational | $2,728 (1.86%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $70 (0.05%) |
| General Overhead | $10,808 (7.37%) |
| Union Administration | $49,288 (33.60%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $0 (0.00%) |
| To Union Employees | $25,583 (17.44%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2006 • Last Updated: June 12th, 2023
Membership
Total Members
220
Income per Member
$660
Dues (per month)
na
Membership Trend
| Year | Members |
|---|---|
| 2002 | 343 |
| 2003 | 333 |
| 2004 | 291 |
| 2005 | 233 |
| 2006 | 220 |
Source: Office of Labor Management Standards
Year Covered: 2006 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,010
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TOM GRAFF | ASSISTANT | $19,146 |
| JANET VARIELL | SECRETARY | $14,786 |
| SHANE BLEW | ASSISTANT | $1,120 |
| $0 | ||
| KEVIN WALLACE | ADMINISTRATOR | $0 |
Source: Office of Labor Management Standards
Year Covered: 2006 • Last Updated: June 12th, 2023