Plasterers & Cement Masons, Local 518
Basic Information
Local 518
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 | $1,562,230 |
| Total Liabilities | $173,327 |
| Total Income | $2,107,951 |
| Total Spent | $1,949,358 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $536,879 (+41.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $595,891 (+27.6%) |
| Fixed Assets | $429,460 (+27.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,857,444 |
| Per Person Tax | $0 |
| Investments | $179,585 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $15,816 |
| Rents | $9,945 |
| Fees and Fines | $33,255 |
| Loans Obtained | $0 |
| Other Receipts | $11,906 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $11,906 |
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
$1,949,358
Spending Overview
Spending Breakdown
| Representational | $423,114 (21.71%) |
| Political Activities and Lobbying | $2,453 (0.13%) |
| Contributions, Gifts, and Grants | $20,443 (1.05%) |
| General Overhead | $156,952 (8.05%) |
| Union Administration | $130,414 (6.69%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $326,608 (16.75%) |
| To Union Employees | $171,314 (8.79%) |
| 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
940
Income per Member
$2,243
Dues (per month)
$5
Membership Trend
| Year | Members |
|---|---|
| 2002 | 728 |
| 2003 | 728 |
| 2004 | 740 |
| 2005 | 791 |
| 2006 | 849 |
| 2007 | 835 |
| 2008 | 961 |
| 2009 | 907 |
| 2010 | 865 |
| 2011 | 821 |
| 2012 | 779 |
| 2013 | 787 |
| 2014 | 782 |
| 2015 | 846 |
| 2016 | 896 |
| 2017 | 897 |
| 2018 | 872 |
| 2019 | 905 |
| 2020 | 906 |
| 2021 | 938 |
| 2022 | 940 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$41,494
Total Employees
12
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KEVIN GARD | TREASURER/BUS MANAGER | $122,650 |
| GORDON HITT | PRESIDENT/BUSINESS AGENT | $108,403 |
| PHILIP MOUNT | BUSINESS AGENT | $99,563 |
| DAVID CLAY | TRUSTEE/ORGANIZER | $91,560 |
| STACY DIAZ | OFFICE MANAGER | $70,398 |
| LAKEISHA LEE | MEMBER | $1,353 |
| DAVID WILLETTE | TRUSTEE | $780 |
| DAVID KIRKPATRICK | TRUSTEE | $737 |
| LAMONT CURTIS | TRUSTEE | $705 |
| KENNETH GORHAM | TRUSTEE | $705 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023