Laborers, Local 405
Basic Information
Local 405
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 | $2,915,866 |
| Total Liabilities | $2,016 |
| Total Income | $965,899 |
| Total Spent | $800,261 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,741,594 (+6.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $174,271 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $1 (-99.7%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $2,016 |
| Mortgages | $0 |
Income
| Dues | $956,323 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $9,576 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$800,261
Spending Overview
Spending Breakdown
| Representational | $145,651 (18.20%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $10,975 (1.37%) |
| General Overhead | $33,676 (4.21%) |
| Union Administration | $150,184 (18.77%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $115,680 (14.46%) |
| To Union Employees | $51,205 (6.40%) |
| 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
823
Income per Member
$1,174
Dues (per month)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 474 |
| 2003 | 501 |
| 2004 | 474 |
| 2005 | 457 |
| 2006 | 467 |
| 2007 | 464 |
| 2008 | 422 |
| 2009 | 404 |
| 2010 | 404 |
| 2011 | 398 |
| 2012 | 427 |
| 2013 | 632 |
| 2014 | 733 |
| 2015 | 779 |
| 2016 | 790 |
| 2017 | 804 |
| 2018 | 819 |
| 2019 | 868 |
| 2020 | 814 |
| 2021 | 828 |
| 2022 | 823 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$20,324
Total Employees
12
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SHELDON STEELE | BUSINESS MANAGER/TREASURE | $98,752 |
| LORNE LUNDEEN | EXECUTIVE BOARD | $70,923 |
| CINDY PAHL | OFFICE MANAGER | $70,516 |
| SCOTT WIEDERHOEFT | PRESIDENT | $602 |
| BILL SMITH | RECORDING SECRETARY | $547 |
| RUSS HESS | AUDITOR | $438 |
| ROBERT DESSNER | AUDITOR | $437 |
| JASON STEBBINS | VICE PRESIDENT | $398 |
| TIM SWENSON | SERGEANT AT ARMS | $398 |
| JEREMY MORSE | EXECUTIVE BOARD | $357 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023