Transport Workers, Local 501
Basic Information
Local 501
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 | $766,398 |
| Total Liabilities | $0 |
| Total Income | $859,257 |
| Total Spent | $668,379 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $766,398 (+33.2%) |
| 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 | $848,206 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $3,941 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $7,110 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $7,110 |
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
$668,379
Spending Overview
Spending Breakdown
| Representational | $324,111 (48.49%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $70,722 (10.58%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $140,092 (20.96%) |
| To Union Employees | $49,540 (7.41%) |
| 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
1,151
Income per Member
$747
Dues (per month)
$25
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,103 |
| 2003 | 2,483 |
| 2004 | 2,447 |
| 2005 | 2,430 |
| 2006 | 2,271 |
| 2007 | 2,144 |
| 2008 | 1,783 |
| 2009 | 1,637 |
| 2010 | 1,609 |
| 2011 | 1,632 |
| 2012 | 1,319 |
| 2013 | 1,349 |
| 2014 | 1,151 |
| 2015 | 1,151 |
| 2016 | 1,151 |
| 2017 | 1,151 |
| 2018 | 1,151 |
| 2019 | 1,151 |
| 2020 | 1,151 |
| 2021 | 1,151 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$22,481
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| VICTOR GONZALEZ | PRESIDENT | $67,170 |
| $55,646 | ||
| JOHN FRUCCI | 1ST EXEC VICE PRESIDENT | $17,601 |
| RONALD WILLIAMS | FINAN SEC TREAS | $14,824 |
| RUSSELL SPERO | EXEC BOARD MEMBER | $14,811 |
| ANTHONY JORDAN | 2ND EXEC VICE PRESIDENT | $14,031 |
| MANUEL NATER | 3RD EXEC VICE PRESIDENT | $14,031 |
| CHRIS KIERNAN | EXEC BOARD MEMBER | $9,155 |
| EDWARD TROISE | EXEC BOARD MEMBER | $8,769 |
| KEMOY SMITH | EXEC BOARD MEMBER | $8,769 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023