Iron Workers, Local 433
Basic Information
Local 433
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 | $10,481,135 |
| Total Liabilities | $322,815 |
| Total Income | $9,980,321 |
| Total Spent | $8,863,298 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,962,698 (+132.1%) |
| Accounts Receivable | $44,176 (-12.5%) |
| Investments | $4,690,880 (+33.6%) |
| Fixed Assets | $3,783,381 (+33.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,825,586 |
| Per Person Tax | $0 |
| Investments | $26,000 |
| Supplies | $69,580 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $36,348 |
| Fees and Fines | $5,381,105 |
| Loans Obtained | $0 |
| Other Receipts | $191,519 |
| Affiliates | $2,396,083 |
| Members | $54,100 |
| Reinvestments | $1,939,487 |
| All Others | $113,391 |
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
$8,863,298
Spending Overview
Spending Breakdown
| Representational | $1,098,456 (12.39%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $66,526 (0.75%) |
| General Overhead | $620,888 (7.01%) |
| Union Administration | $683,947 (7.72%) |
| Strike Benefits | $1,494 (0.02%) |
| To Union Officers | $698,113 (7.88%) |
| To Union Employees | $284,343 (3.21%) |
| 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
5,276
Income per Member
$1,892
Dues (per MONTH)
$38.90
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,311 |
| 2003 | 4,411 |
| 2004 | 4,275 |
| 2005 | 4,379 |
| 2006 | 4,568 |
| 2007 | 4,751 |
| 2008 | 5,223 |
| 2009 | 5,223 |
| 2010 | 4,917 |
| 2011 | 4,592 |
| 2012 | 4,510 |
| 2013 | 4,408 |
| 2014 | 4,342 |
| 2015 | 4,491 |
| 2016 | 4,673 |
| 2017 | 4,618 |
| 2018 | 4,976 |
| 2019 | 5,276 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$51,380
Total Employees
28
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KEITH HARKEY | BUSINESS MANAGER | $151,569 |
| FREDRICK BROWN | BUSINESS AGENT/PRESIDENT | $133,642 |
| ROBERT CONWAY | BUSINESS AGENT | $130,812 |
| JOHNNY CANGEY | BUSINESS AGENT | $127,422 |
| MITCH PONCE | BUSINESS AGENT | $126,827 |
| PAUL MORENO | BUSINESS AGENT | $126,165 |
| MARTIN RODRIGUEZ | BUSINESS AGENT | $125,709 |
| LOPEZ LOUIE | BUSINESS AGENT | $118,358 |
| MONICA URREA | OFFICE MANAGER | $88,131 |
| ROBYN STEPHAN | BOOKKEEPER | $80,309 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021