Transit Union, Local 587
Basic Information
Local 587
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 | $3,356,117 |
| Total Liabilities | $7,813 |
| Total Income | $4,586,171 |
| Total Spent | $4,248,203 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,893,976 (+13.2%) |
| Accounts Receivable | $2,500 (0.0%) |
| Investments | $98,344 (0.0%) |
| Fixed Assets | $353,304 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $7,993 (-46.7%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $4,318,142 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $15,605 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $126,010 |
| Loans Obtained | $5,081 |
| Other Receipts | $121,333 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $169 |
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
$4,248,203
Spending Overview
Spending Breakdown
| Representational | $883,144 (20.79%) |
| Political Activities and Lobbying | $52,253 (1.23%) |
| Contributions, Gifts, and Grants | $43,316 (1.02%) |
| General Overhead | $730,903 (17.20%) |
| Union Administration | $643,720 (15.15%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $767,241 (18.06%) |
| To Union Employees | $365,485 (8.60%) |
| 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
5,130
Income per Member
$894
Dues (per Month)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,292 |
| 2003 | 4,372 |
| 2004 | 4,316 |
| 2005 | 4,311 |
| 2006 | 4,307 |
| 2007 | 4,388 |
| 2008 | 4,404 |
| 2009 | 4,535 |
| 2010 | 4,645 |
| 2011 | 4,573 |
| 2012 | 4,622 |
| 2013 | 4,538 |
| 2014 | 4,407 |
| 2015 | 4,508 |
| 2016 | 5,009 |
| 2017 | 5,093 |
| 2018 | 5,298 |
| 2019 | 5,478 |
| 2020 | 5,318 |
| 2021 | 5,130 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$30,379
Total Employees
46
Employees Making more than $75,000
8
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KENNETH PRICE | PRESIDENT | $154,249 |
| RONALD ANDERSON, SR. | 1ST VICE PRESIDENT | $142,942 |
| CORY RIGTRUP | 2ND VICE PRESIDENT | $141,706 |
| TAMIEKO COOK | RECORDING SECRETARY | $134,833 |
| ALICE HANEY | OFFICE MANAGER | $92,069 |
| PATRICK BRADY | FINANCIAL SECRETARY-TREAS | $91,609 |
| $84,095 | ||
| PIPAPHON TAYLOR | ASSISTANT OFFICE MANAGER | $82,420 |
| PAUL NEIL | FINANCIAL SECRETARY-TREAS | $74,993 |
| SAMUEL TISDALE | PROJECT MANAGER | $74,141 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023