Iron Workers, Local 399
Basic Information
Local 399
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 | $9,410,637 |
| Total Liabilities | $77,423 |
| Total Income | $2,984,526 |
| Total Spent | $3,834,739 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $4,683,897 (-15.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $814,904 (0.0%) |
| Fixed Assets | $3,823,686 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $88,150 (+10.5%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $77,423 |
| Mortgages | $0 |
Income
| Dues | $368,527 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $4,281 |
| Loan Repayment | $0 |
| Interest | $13,389 |
| Dividends | $0 |
| Rents | $92,400 |
| Fees and Fines | $1,917,595 |
| Loans Obtained | $0 |
| Other Receipts | $315,012 |
| Affiliates | $273,322 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $3,202 |
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
$3,834,739
Spending Overview
Spending Breakdown
| Representational | $756,552 (19.73%) |
| Political Activities and Lobbying | $27,151 (0.71%) |
| Contributions, Gifts, and Grants | $32,531 (0.85%) |
| General Overhead | $251,387 (6.56%) |
| Union Administration | $416,176 (10.85%) |
| Strike Benefits | $125 (0.00%) |
| To Union Officers | $328,061 (8.55%) |
| To Union Employees | $240,599 (6.27%) |
| 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
1,058
Income per Member
$2,821
Dues (per Month)
$38
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,040 |
| 2003 | 1,043 |
| 2004 | 1,001 |
| 2005 | 939 |
| 2006 | 922 |
| 2007 | 995 |
| 2008 | 1,086 |
| 2009 | 1,109 |
| 2010 | 930 |
| 2011 | 840 |
| 2012 | 803 |
| 2013 | 751 |
| 2014 | 714 |
| 2015 | 682 |
| 2016 | 727 |
| 2017 | 1,204 |
| 2018 | 1,211 |
| 2019 | 1,164 |
| 2020 | 1,138 |
| 2021 | 1,109 |
| 2022 | 1,058 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$39,963
Total Employees
24
Employees Making more than $75,000
5
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RAYMOND PHILLIPS | BUSINESS AGENT | $219,585 |
| RICHARD SWEENEY | PRESIDENT | $193,560 |
| GREGORY FERRETTI | FIN SCTY / TREASURER | $181,660 |
| SAMUEL RUBINO | BUSINESS AGENT | $175,724 |
| GARY BROWN | VICE PRESIDENT | $175,495 |
| JASON GARCIA | RECORDING SECRETARY | $8,982 |
| DENNIS FALLON | EXECUTIVE BOARD | $3,301 |
| CHRISTOPHER LEIDY | EXAMINING BOARD | $335 |
| MICHAEL FORD | EXECUTIVE BOARD | $44 |
| DAVID WEBER | EXAMINING BOARD | $38 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023