Carpenters, Local 721
Basic Information
Local 721
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 | $1,653,848 |
| Total Liabilities | $398 |
| Total Income | $1,148,222 |
| Total Spent | $728,135 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,528,259 (+37.9%) |
| Accounts Receivable | $98,938 (+127.8%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $10,391 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $16,260 (+425.4%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $398 |
| Mortgages | $0 |
Income
| Dues | $1,003,827 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $7,306 |
| Loan Repayment | $0 |
| Interest | $198 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $55,516 |
| Loans Obtained | $0 |
| Other Receipts | $40,881 |
| Affiliates | $0 |
| Members | $40,494 |
| Reinvestments | $0 |
| All Others | $5,095 |
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
$728,135
Spending Overview
Spending Breakdown
| Representational | $41,548 (5.71%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $12,279 (1.69%) |
| General Overhead | $101,742 (13.97%) |
| Union Administration | $105,320 (14.46%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $54,676 (7.51%) |
| To Union Employees | $44,173 (6.07%) |
| 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
3,411
Income per Member
$337
Dues (per month)
0-25
Membership Trend
| Year | Members |
|---|---|
| 2002 | 5,910 |
| 2003 | 4,946 |
| 2004 | 4,896 |
| 2005 | 4,870 |
| 2006 | 4,617 |
| 2007 | 4,379 |
| 2008 | 4,258 |
| 2009 | 3,657 |
| 2010 | 3,066 |
| 2011 | 2,753 |
| 2012 | 2,504 |
| 2013 | 2,384 |
| 2014 | 2,462 |
| 2015 | 2,400 |
| 2016 | 2,556 |
| 2017 | 3,435 |
| 2018 | 3,430 |
| 2019 | 3,280 |
| 2020 | 3,076 |
| 2021 | 3,261 |
| 2022 | 3,411 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$10,657
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KAARINA ZEPEDA | ADMION ASSISTANT | $55,893 |
| $14,740 | ||
| OSCAR CORDOVA | FINANCIAL SECRETARY | $6,023 |
| CHRISTOPHER LUNA | TRUSTEE | $5,997 |
| ALFONSO MARTINEZ | TRUSTEE | $5,884 |
| OCTAVIO GONZALEZ | TRUSTEE | $5,777 |
| GERMAN INIGUEZ-ARANDA | TREASURER | $5,777 |
| RAY FLORES | CONDUCTOR | $5,777 |
| OSCAR DOMINGUEZ | WARDEN | $5,717 |
| JOSE AMADOR | RECORDING SECRETARY | $5,684 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Manufacturing | 44 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 8 |
| Construction | 3 |
| Mining | 1 |
| Maritime | 1 |
| Other | 1 |