Painters, Local 1555
Basic Information
Local 1555
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 | $155,260 |
| Total Liabilities | $81,720 |
| Total Income | $147,211 |
| Total Spent | $143,872 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $27,233 (+14.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $10,367 (-8.5%) |
| Fixed Assets | $113,660 (-8.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $4,000 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $81,720 |
Income
| Dues | $22,077 |
| Per Person Tax | $109,812 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $2,050 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $13,272 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $13,272 |
Source: Office of Labor Management Standards
Year Covered: 2008 • 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 2008
$143,872
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $56,150 (39.03%) |
| Union Administration | $44,597 (31.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $29,284 (20.35%) |
| To Union Employees | $15,313 (10.64%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2008 • Last Updated: June 12th, 2023
Membership
Total Members
87
Income per Member
$1,692
Dues (per Month)
$31
Membership Trend
| Year | Members |
|---|---|
| 2002 | 79 |
| 2003 | 80 |
| 2004 | 121 |
| 2005 | 88 |
| 2006 | 117 |
| 2008 | 87 |
Source: Office of Labor Management Standards
Year Covered: 2008 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,054
Total Employees
11
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ERNIE RUMP | BUSINESS MANAGER | $29,284 |
| BARBARA BARNETT | OFFICE ASSISTANT | $7,088 |
| PAULA BEAL | BOOKKEEPER | $4,822 |
| GERALD SCHOCK | TRAINER | $1,651 |
| MELISSHA PRINE | CLERICAL | $1,152 |
| ASHLEY DAMOTA | CLERICAL | $600 |
| RICHARD NAVROT | VICE PRESIDENT | $0 |
| MIKE SHIELDS | SECRETARY/TREASURER | $0 |
| $0 | ||
| CHARLIE YOUNG | PRESIDENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2008 • Last Updated: June 12th, 2023