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Union Facts

Iron Workers, Local 416

Basic Information

Local 416

Quick Facts

Address

IRON WORKERS
13830 SAN ANTONIO DRIVE
NORWALK, CA 906501166

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 $5,500,260
Total Liabilities $80,364
Total Income $7,663,526
Total Spent $7,665,540

Total Assets Trend

Assets (Change from previous report)

Cash $2,095,244 (-0.1%)
Accounts Receivable $0 (0.0%)
Investments $2,879,206 (+12.1%)
Fixed Assets $518,830 (+12.1%)
Treasury Securities $0 (0.0%)
Other Assets $6,980 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $80,364
Mortgages $0

Income

Dues $4,312,394
Per Person Tax $0
Investments $1,880,965
Supplies $19,420
Loan Repayment $0
Interest $5,129
Dividends $27,778
Rents $13,608
Fees and Fines $55,227
Loans Obtained $0
Other Receipts $845,157
Affiliates $503,848
Members $0
Reinvestments $0
All Others $21,038

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.

Spending Overview

Spending Breakdown

Representational $1,691,854 (22.07%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $21,424 (0.28%)
General Overhead $430,840 (5.62%)
Union Administration $425,003 (5.54%)
Strike Benefits $0 (0.00%)
To Union Officers $556,673 (7.26%)
To Union Employees $289,236 (3.77%)
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

Membership Trend

YearMembers
20022,600
20032,700
20042,558
20052,454
20062,954
20073,733
20083,415
20093,117
20102,807
20112,669
20122,493
20132,355
20142,401
20152,578
20162,667
20172,860
20183,345
20193,365
20203,329
20213,307
20223,151

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
VIDAL ZAMBRANOBUSINESS MANAGER/FST$162,526
FRANKIE JIMENEZBUSINESS AGENT/PRESIDENT$146,801
ALBERT DUARTEORGANIZER$141,286
JUAN ORPINEDABUSINESS AGENT$138,713
RANDY WETMURBUSINES AGENT$136,588
RICHARD BYRDBUSINESS AGENT$135,934
BRIANA CHICAOFFICE MANAGER$88,105
NANCY VELAZQUEZADMINISTRATIVE ASSISTANT$78,714
JOSE ESCOBEDOBUSINESS AGENT$76,596
MARY REEDOFFICE MANAGER$71,619

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023