Plasterers & Cement Masons, Local 404
Basic Information
Local 404
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 | $3,570,787 |
| Total Liabilities | $160,456 |
| Total Income | $1,079,514 |
| Total Spent | $933,456 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,037,212 (+7.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,530,842 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,733 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,012,884 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $13,501 |
| Dividends | $0 |
| Rents | $19,890 |
| Fees and Fines | $7,560 |
| Loans Obtained | $0 |
| Other Receipts | $25,679 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $41,000 |
| All Others | $25,679 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$933,456
Spending Overview
Spending Breakdown
| Representational | $204,667 (21.93%) |
| Political Activities and Lobbying | $62,328 (6.68%) |
| Contributions, Gifts, and Grants | $25,653 (2.75%) |
| General Overhead | $128,208 (13.73%) |
| Union Administration | $118,229 (12.67%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $118,802 (12.73%) |
| To Union Employees | $91,284 (9.78%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
470
Income per Member
$2,297
Dues (per MONTH)
$5
Membership Trend
| Year | Members |
|---|---|
| 2002 | 502 |
| 2003 | 504 |
| 2004 | 530 |
| 2005 | 509 |
| 2006 | 509 |
| 2007 | 521 |
| 2008 | 515 |
| 2009 | 491 |
| 2010 | 485 |
| 2011 | 495 |
| 2012 | 507 |
| 2013 | 509 |
| 2014 | 517 |
| 2015 | 509 |
| 2016 | 510 |
| 2017 | 511 |
| 2018 | 508 |
| 2019 | 470 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$24,693
Total Employees
13
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHARLES WANAT | BUSINESS MGR/FIN SEC | $98,020 |
| PAUL METCALF | PRES/BUSINESS REPRESENTAT | $92,589 |
| MICHAEL WALTER | ORGANIZER | $71,160 |
| JENNIFER PASIPANKI | OFFICE MANAGER | $57,528 |
| RICHARD DAVIS | RECORDING SEC | $900 |
| JEFFREY JORDAN | VICE PRESIDENT | $750 |
| $60 | ||
| LARRY PITTS | EXECUTIVE BOARD | $0 |
| THERESA HARRIS | EXECUTIVE BOARD | $0 |
| MICHAEL WALTER | EXECUTIVE BOARD | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021