Plumbers, Local 449 - Steamfitters Local #449
Basic Information
Local 449
(STEAMFITTERS LOCAL #449)
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 | $75,875,343 |
| Total Liabilities | $0 |
| Total Income | $29,509,429 |
| Total Spent | $28,768,970 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $5,824,193 (+14.6%) |
| Accounts Receivable | $1,650,307 (-16.2%) |
| Investments | $27,736,341 (+25.1%) |
| Fixed Assets | $40,664,502 (+25.1%) |
| 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 | $28,085,015 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $72,896 |
| Dividends | $845,462 |
| Rents | $506,056 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $1,791,954 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$28,768,970
Spending Overview
Spending Breakdown
| Representational | $520,036 (1.81%) |
| Political Activities and Lobbying | $1,505,235 (5.23%) |
| Contributions, Gifts, and Grants | $125,645 (0.44%) |
| General Overhead | $2,655,765 (9.23%) |
| Union Administration | $1,049,804 (3.65%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $640,265 (2.23%) |
| To Union Employees | $140,119 (0.49%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
2,862
Income per Member
$10,311
Dues (per WAGES)
3%
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,475 |
| 2003 | 1,465 |
| 2004 | 1,447 |
| 2005 | 1,428 |
| 2006 | 1,406 |
| 2007 | 1,414 |
| 2008 | 1,448 |
| 2009 | 1,510 |
| 2010 | 1,500 |
| 2011 | 1,486 |
| 2012 | 1,511 |
| 2013 | 2,434 |
| 2014 | 2,585 |
| 2015 | 2,659 |
| 2016 | 2,633 |
| 2017 | 2,829 |
| 2018 | 2,761 |
| 2019 | 2,727 |
| 2020 | 2,811 |
| 2021 | 2,862 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$56,110
Total Employees
27
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KENNETH BROADBENT | BUSINESS MANAGER | $195,745 |
| JOSEPH LITTLE | SECRETARY - TREASURER | $148,801 |
| JAMES KIRSCH | BUSINESS AGENT | $137,387 |
| NICK KAPPAS | ORGANIZER | $133,960 |
| WILLIAM PANITZKE | BUSINESS AGENT | $132,697 |
| MARK ROVNAN | BUSINESS AGENT | $132,133 |
| JAMES REYNOLDS | BUSINESS AGENT | $132,015 |
| ROBERT LORENZI, JR. | BUSINESS AGENT | $131,697 |
| JAMES HARDING | BUSINESS AGENT | $130,349 |
| JACKI PAHLER | ADMIN | $86,956 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023