, Local 508
Basic Information
Local 508
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 | $553,329 |
| Total Liabilities | $0 |
| Total Income | $229,811 |
| Total Spent | $143,694 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $381,289 (+29.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $172,040 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $213,242 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $779 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $15,790 |
| 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
$143,694
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $13,207 (9.19%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $46,539 (32.39%) |
| To Union Employees | $34,720 (24.16%) |
| 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
300
Income per Member
$766
Dues (per Mth)
1.45%+.02 An Hr
Membership Trend
| Year | Members |
|---|---|
| 2002 | 340 |
| 2003 | 300 |
| 2004 | 300 |
| 2005 | 340 |
| 2006 | 330 |
| 2007 | 320 |
| 2008 | 320 |
| 2009 | 320 |
| 2010 | 335 |
| 2011 | 334 |
| 2012 | 334 |
| 2013 | 334 |
| 2014 | 330 |
| 2015 | 330 |
| 2016 | 340 |
| 2017 | 300 |
| 2018 | 300 |
| 2019 | 275 |
| 2020 | 275 |
| 2021 | 320 |
| 2022 | 300 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,033
Total Employees
15
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ELOISE SCOTT | FINANCIAL SECRETARY | $13,453 |
| GARY ZINK II | PRESIDENT | $10,318 |
| TIMOTHY EASTWOOD | VICE PRESIDENT (PAPER MIL | $7,247 |
| KONDWANI JOHNSON | VICE PRESIDENT (OPER.) | $4,851 |
| EDDIE ISEMAN | VICE PRESIDENT (MAINT.) | $4,700 |
| MILTON YOUSON | COMMITTEEMAN | $4,652 |
| MICHAEL DAVIS | VICE PRESIDENT | $3,487 |
| MARGARET JESSUP | RECORDING SECRETARY | $3,319 |
| CLAY SIMMONS | TRUSTEE | $2,742 |
| LAMONT JEFFERSON | COMMITTEEMAN | $1,158 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023