Boilermakers, District Lodge 5
Basic Information
Local 5
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 | $1,340,134 |
| Total Liabilities | $217,866 |
| Total Income | $1,686,136 |
| Total Spent | $1,554,014 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $835,645 (+18.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $106,400 (0.0%) |
| Fixed Assets | $387,626 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $10,463 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $976,474 |
| Per Person Tax | $429,058 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,637 |
| Dividends | $0 |
| Rents | $3,110 |
| Fees and Fines | $0 |
| Loans Obtained | $66,999 |
| Other Receipts | $208,858 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $20,990 |
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
$1,554,014
Spending Overview
Spending Breakdown
| Representational | $238,180 (15.33%) |
| Political Activities and Lobbying | $16,407 (1.06%) |
| Contributions, Gifts, and Grants | $4,513 (0.29%) |
| General Overhead | $449,845 (28.95%) |
| Union Administration | $65,625 (4.22%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $258,685 (16.65%) |
| To Union Employees | $88,972 (5.73%) |
| 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
808
Income per Member
$2,087
Dues (per MEMBER)
$60
Membership Trend
| Year | Members |
|---|---|
| 2003 | 5 |
| 2004 | 5 |
| 2005 | 1,293 |
| 2006 | 1,130 |
| 2007 | 1,128 |
| 2008 | 1,317 |
| 2009 | 1,317 |
| 2010 | 1,452 |
| 2011 | 1,319 |
| 2012 | 1,155 |
| 2013 | 1,069 |
| 2014 | 1,350 |
| 2015 | 1,147 |
| 2016 | 1,116 |
| 2017 | 942 |
| 2018 | 996 |
| 2019 | 1,042 |
| 2020 | 915 |
| 2021 | 706 |
| 2022 | 808 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$33,519
Total Employees
13
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| HENRY KENNEDY | TRUSTEE | $106,896 |
| BRETT MOLTZ | PRESIDENT | $106,663 |
| TIMOTHY BRADBURY | VICE PRESIDENT | $104,650 |
| STEPHANIE BAILEY | BOOKKEEPER | $53,800 |
| FLOYD FARLOW | INSTRUCTOR | $23,559 |
| THOMAS BRYARS | INSTRUCTOR | $12,888 |
| TERRY LAMB | CHAIRMAN OF TRUSTEES | $9,916 |
| JOSHUA CARTER | INSTRUCTOR | $5,953 |
| THOMAS TUCKER | INSTRUCTOR | $5,871 |
| COTY HAMPTON | INSTRUCTOR | $4,034 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Manufacturing | 24 |
| Construction | 8 |
| Personal Serv & Private Organizations | 1 |
| Maritime | 1 |