Iron Workers, Local 732
Basic Information
Local 732
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 | $1,215,578 |
| Total Liabilities | $12,802 |
| Total Income | $823,615 |
| Total Spent | $899,286 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,176,232 (-6.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $2,125 (0.0%) |
| Fixed Assets | $37,221 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $140,866 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $5,564 |
| Loan Repayment | $0 |
| Interest | $2,893 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $592,359 |
| Loans Obtained | $0 |
| Other Receipts | $6,243 |
| Affiliates | $73,767 |
| Members | $1,923 |
| Reinvestments | $0 |
| All Others | $6,243 |
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
$899,286
Spending Overview
Spending Breakdown
| Representational | $315,143 (35.04%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $273 (0.03%) |
| General Overhead | $105,159 (11.69%) |
| Union Administration | $61,843 (6.88%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $63,974 (7.11%) |
| To Union Employees | $80,880 (8.99%) |
| 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
454
Income per Member
$1,814
Dues (per MONTH)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 225 |
| 2003 | 230 |
| 2004 | 177 |
| 2005 | 206 |
| 2006 | 208 |
| 2007 | 420 |
| 2008 | 455 |
| 2009 | 443 |
| 2010 | 406 |
| 2011 | 387 |
| 2012 | 368 |
| 2013 | 366 |
| 2014 | 355 |
| 2015 | 396 |
| 2016 | 377 |
| 2017 | 367 |
| 2018 | 401 |
| 2019 | 419 |
| 2020 | 434 |
| 2021 | 429 |
| 2022 | 454 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$15,882
Total Employees
12
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JIM WONNACOTT | BUSINESS MANAGER/FST | $86,838 |
| SAVANNA RICHMOND | OFFICE MANAGER | $53,000 |
| LES PEARSON | ORGANIZER | $49,799 |
| $945 | ||
| DON TURNER | TRUSTEE | $0 |
| CLAY ADAMS | EXECUTIVE BOARD | $0 |
| LES PEARSON | EXECUTIVE BOARD | $0 |
| BRIAN RIGBY | PRESIDENT | $0 |
| RAYVAN BRAMBLE | RECORDING SECRETARY | $0 |
| ZACH WOLFF | TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023