Laborers, Local 261
Basic Information
Local 261
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 | $20,137,640 |
| Total Liabilities | $2,178,837 |
| Total Income | $6,825,585 |
| Total Spent | $6,424,898 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $4,417,518 (+10.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $5,562,700 (+8.7%) |
| Fixed Assets | $10,137,947 (+8.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $19,475 (+60.3%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $2,178,837 |
| Mortgages | $0 |
Income
| Dues | $5,630,476 |
| Per Person Tax | $0 |
| Investments | $75,951 |
| Supplies | $21,686 |
| Loan Repayment | $0 |
| Interest | $3,687 |
| Dividends | $48,273 |
| Rents | $300,340 |
| Fees and Fines | $654,298 |
| Loans Obtained | $0 |
| Other Receipts | $90,874 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $4,546 |
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
$6,424,898
Spending Overview
Spending Breakdown
| Representational | $1,284,797 (20.00%) |
| Political Activities and Lobbying | $129,005 (2.01%) |
| Contributions, Gifts, and Grants | $137,432 (2.14%) |
| General Overhead | $1,497,878 (23.31%) |
| Union Administration | $208,290 (3.24%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $447,926 (6.97%) |
| To Union Employees | $175,509 (2.73%) |
| 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
5,240
Income per Member
$1,303
Dues (per Month)
Varies
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,084 |
| 2003 | 3,026 |
| 2004 | 2,895 |
| 2005 | 3,100 |
| 2006 | 3,340 |
| 2007 | 3,341 |
| 2008 | 3,299 |
| 2009 | 3,042 |
| 2010 | 2,650 |
| 2011 | 3,041 |
| 2012 | 5,246 |
| 2013 | 4,701 |
| 2014 | 5,169 |
| 2015 | 5,144 |
| 2016 | 5,099 |
| 2017 | 5,605 |
| 2018 | 5,311 |
| 2019 | 5,289 |
| 2020 | 5,245 |
| 2021 | 5,240 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$76,572
Total Employees
15
Employees Making more than $75,000
6
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DAVID DE LA TORRE | SECRETARY-TREASURER | $184,228 |
| RAMON HERNANDEZ | BUSINESS MANAGER | $175,435 |
| JOSE DEJESUS VILLALOBOS | PRESIDENT | $165,197 |
| THERESA FOGLIO | BUSINESS REP/E BOARD | $152,345 |
| JAVIER FLORES DE ALBA | VICE PRESIDENT | $152,225 |
| JANETTE GHNAIM | SECRETARY | $76,126 |
| MARIA BONILLA | SECRETARY | $69,253 |
| ELIZABETH PEREZ | BOOKKEEPER | $53,617 |
| $45,825 | ||
| VINCENT COURTNEY | EXECUTIVE BOARD | $31,193 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023