Laborers, Local 465
Basic Information
Local 465
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 | $633,147 |
| Total Liabilities | $9,888 |
| Total Income | $316,549 |
| Total Spent | $409,773 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $587,271 (-13.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $45,876 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $283,890 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $6,269 |
| Dividends | $0 |
| Rents | $490 |
| Fees and Fines | $17,444 |
| Loans Obtained | $0 |
| Other Receipts | $8,456 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $997 |
Source: Office of Labor Management Standards
Year Covered: 2005 • 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 2005
$409,773
Spending Overview
Spending Breakdown
| Representational | $168,801 (41.19%) |
| Political Activities and Lobbying | $1,614 (0.39%) |
| Contributions, Gifts, and Grants | $1,828 (0.45%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $58,295 (14.23%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $115,782 (28.26%) |
| To Union Employees | $20,623 (5.03%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023
Membership
Total Members
414
Income per Member
$765
Dues (per MONTH)
$24
Membership Trend
| Year | Members |
|---|---|
| 2002 | 464 |
| 2003 | 441 |
| 2004 | 424 |
| 2005 | 414 |
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$14,070
Total Employees
13
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DANNY MINTON III | BUSINESS MANAGER | $80,701 |
| TODD RIGGS | SECRETARY/TREASURER | $63,349 |
| EVA COLE | SECRETARY | $27,956 |
| MICHAEL HAYTER | PRESIDENT | $6,705 |
| CHARLES QASSIS | RECORDING SECRETARY | $1,842 |
| MARK KETTINGER | EXEC BOARD | $861 |
| LEO LONDON | EXEC BOARD | $650 |
| STEVEN YETTAW | VICE PRESIDENT | $550 |
| DIRK SISUNG | SGT AT ARMS | $300 |
| JOHN STRAND | AUDITOR | $0 |
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023