Longshoremens Association, Local 2047
Basic Information
Local 2047
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 | $339,213 |
| Total Liabilities | $71 |
| Total Income | $67,318 |
| Total Spent | $64,743 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $58,065 (+4.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $280,772 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $376 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $71 |
| Mortgages | $0 |
Income
| Dues | $37,757 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $23 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $29,538 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$64,743
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 | $13,244 (20.46%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $7,185 (11.10%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
90
Income per Member
$748
Dues (per year)
$20
Membership Trend
| Year | Members |
|---|---|
| 2002 | 182 |
| 2003 | 182 |
| 2004 | 176 |
| 2005 | 147 |
| 2006 | 147 |
| 2007 | 147 |
| 2008 | 122 |
| 2009 | 155 |
| 2010 | 0 |
| 2011 | 155 |
| 2012 | 156 |
| 2013 | 156 |
| 2014 | 156 |
| 2015 | 118 |
| 2016 | 121 |
| 2017 | 105 |
| 2018 | 100 |
| 2019 | 97 |
| 2020 | 97 |
| 2021 | 90 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$828
Total Employees
16
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOHN PETERS | BA | $10,829 |
| GERALD LEWIS | PRESIDENT | $1,580 |
| MICHAEL BROWN | EXECUTIVE BOARD | $400 |
| RANDLE STEPHEN | TREASURER | $363 |
| STEVE KROUS | EXECUTIVE BOARD | $72 |
| JAMES WILLAIMS | AUDIT COM | $0 |
| DONALD RICHARD | AUDIT COM | $0 |
| JEROME JACOBS | AUDIT COM | $0 |
| WILMER GRICE | ASSISTANT BA | $0 |
| LARRY STINER | AUDIT COM | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023