Iron Workers, Local 25
Basic Information
Local 25
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 | $22,321,595 |
| Total Liabilities | $360,969 |
| Total Income | $13,296,132 |
| Total Spent | $11,979,188 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $5,848,893 (+29.1%) |
| Accounts Receivable | $1,220,979 (+7.8%) |
| Investments | $13,959,267 (+11.9%) |
| Fixed Assets | $1,265,590 (+11.9%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $26,866 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,078,882 |
| Per Person Tax | $0 |
| Investments | $4,434,649 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $232,478 |
| Dividends | $66,230 |
| Rents | $6,200 |
| Fees and Fines | $7,038,061 |
| Loans Obtained | $0 |
| Other Receipts | $108,106 |
| Affiliates | $331,526 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $108,106 |
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
$11,979,188
Spending Overview
Spending Breakdown
| Representational | $1,091,168 (9.11%) |
| Political Activities and Lobbying | $28,829 (0.24%) |
| Contributions, Gifts, and Grants | $33,613 (0.28%) |
| General Overhead | $752,940 (6.29%) |
| Union Administration | $693,101 (5.79%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,287,019 (10.74%) |
| To Union Employees | $160,905 (1.34%) |
| 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
3,825
Income per Member
$3,476
Dues (per MONTH)
$36
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,422 |
| 2003 | 4,362 |
| 2004 | 4,129 |
| 2005 | 5,475 |
| 2006 | 4,721 |
| 2007 | 4,659 |
| 2008 | 4,684 |
| 2009 | 4,701 |
| 2010 | 3,621 |
| 2011 | 3,505 |
| 2012 | 3,413 |
| 2013 | 3,270 |
| 2014 | 3,185 |
| 2015 | 3,119 |
| 2016 | 3,706 |
| 2017 | 3,957 |
| 2018 | 3,758 |
| 2019 | 3,704 |
| 2020 | 4,064 |
| 2021 | 4,010 |
| 2022 | 3,825 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$90,495
Total Employees
16
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DENNIS AGUIRRE | PRESIDENT | $165,569 |
| MICHAEL RANDICK | BUSINESS MGR/FST | $153,624 |
| ANTHONY RAMOS | BUSINESS AGENT | $127,313 |
| MICHAEL CHRISTENSEN | BUSINESS AGENT | $121,686 |
| WAYNE COFFELL | BUSINESS AGENT | $120,577 |
| DOUGLAS WASHBURN | BUSINESS AGENT | $120,568 |
| JAMES HORVATH II | VICE PRESIDENT | $120,349 |
| RICHARD STRICKLIN | BUSINESS AGENT | $119,906 |
| TIM BRENNAN | BUSINESS AGENT | $105,760 |
| MARC CRANCE | BUSINESS AGENT | $86,323 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023