Musicians, Local 554
Basic Information
Local 554
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 | $25,128 |
| Total Liabilities | $0 |
| Total Income | $24,132 |
| Total Spent | $18,013 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $25,128 (+32.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $23,885 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $247 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$18,013
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $4,307 (23.91%) |
| To Union Employees | $0 (0.00%) |
| 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
113
Income per Member
$214
Dues (per year)
$120
Membership Trend
| Year | Members |
|---|---|
| 2002 | 205 |
| 2003 | 213 |
| 2004 | 212 |
| 2005 | 212 |
| 2006 | 196 |
| 2007 | 197 |
| 2008 | 190 |
| 2009 | 190 |
| 2010 | 161 |
| 2011 | 161 |
| 2012 | 145 |
| 2013 | 145 |
| 2014 | 167 |
| 2015 | 171 |
| 2016 | 150 |
| 2017 | 157 |
| 2018 | 151 |
| 2019 | 113 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$479
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| LOUIS BOURGOIS III | PRESIDENT | $2,657 |
| PAUL ENGELBRECHT | TREASURER | $1,650 |
| BRETT EVANS | BOARD MEMBER | $0 |
| BROOKS GILES | SGT AT ARMS | $0 |
| CARROLL HALL | BOARD MEMBER | $0 |
| JOE CARUCCI | VICE PRESIDENT | $0 |
| JOSEPH VAN FLEET | BOARD MEMBER | $0 |
| ROBERT GRIFFIN | BOARD MEMBER | $0 |
| WILLIAM MCGINNIS | SECRETARY | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021