Plasterers & Cement Masons, Local 555
Basic Information
Local 555
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 | $2,038,302 |
| Total Liabilities | $3,440 |
| Total Income | $1,821,119 |
| Total Spent | $1,864,756 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $510,910 (-7.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,239,745 (+0.2%) |
| Fixed Assets | $39,385 (+0.2%) |
| Treasury Securities | $248,262 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $3,440 |
| Mortgages | $0 |
Income
| Dues | $1,203,059 |
| Per Person Tax | $0 |
| Investments | $533,402 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $32,949 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $5,970 |
| Loans Obtained | $0 |
| Other Receipts | $45,739 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $14,317 |
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
$1,864,756
Spending Overview
Spending Breakdown
| Representational | $642,882 (34.48%) |
| Political Activities and Lobbying | $15,489 (0.83%) |
| Contributions, Gifts, and Grants | $6,740 (0.36%) |
| General Overhead | $82,962 (4.45%) |
| Union Administration | $49,851 (2.67%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $120,591 (6.47%) |
| To Union Employees | $129,842 (6.96%) |
| 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
601
Income per Member
$3,030
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 541 |
| 2003 | 526 |
| 2004 | 481 |
| 2005 | 460 |
| 2006 | 505 |
| 2007 | 523 |
| 2008 | 579 |
| 2009 | 552 |
| 2010 | 502 |
| 2011 | 461 |
| 2012 | 485 |
| 2013 | 476 |
| 2014 | 486 |
| 2015 | 478 |
| 2016 | 498 |
| 2017 | 530 |
| 2018 | 569 |
| 2019 | 601 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$27,813
Total Employees
13
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GEOFF KOSSAK | BUS MGR/FIN SEC | $97,176 |
| RALPH VACA | BUSINESS AGENT | $80,487 |
| NOAH JONES | EXEC. BOARD/BUS. AGENT | $60,892 |
| CINDY GRIFFITH | SECRETARY | $57,711 |
| JOSE AVALOS-GUZMAN | BUSINESS AGENT | $51,786 |
| CRAIG SMITH | SGT AT ARMS | $12,400 |
| ELIZABETH NICHOLS | EXECUTIVE BOARD | $1,118 |
| JEREMY KENDALL | PRESIDENT | $0 |
| JAKE PROUTY | EXECUTIVE BOARD | $0 |
| TONY CARNEVALE | EXEC.BOARD/REC.SEC. | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021