Elevator Constructors, Local 74
Basic Information
Local 74
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 | $1,720,739 |
| Total Liabilities | $139,364 |
| Total Income | $1,083,838 |
| Total Spent | $1,060,487 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,287,692 (+1.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $433,047 (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 | $139,364 |
| Mortgages | $0 |
Income
| Dues | $1,025,391 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $177 |
| Dividends | $0 |
| Rents | $55,265 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $3,005 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $3,005 |
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
$1,060,487
Spending Overview
Spending Breakdown
| Representational | $276,999 (26.12%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,250 (0.21%) |
| General Overhead | $87,444 (8.25%) |
| Union Administration | $49,030 (4.62%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $261,043 (24.62%) |
| To Union Employees | $54,605 (5.15%) |
| 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
315
Income per Member
$3,441
Dues (per per qtr)
665.33-771.68
Membership Trend
| Year | Members |
|---|---|
| 2002 | 249 |
| 2003 | 240 |
| 2004 | 254 |
| 2006 | 285 |
| 2007 | 308 |
| 2008 | 325 |
| 2009 | 291 |
| 2010 | 258 |
| 2011 | 287 |
| 2012 | 258 |
| 2013 | 245 |
| 2014 | 225 |
| 2015 | 256 |
| 2016 | 354 |
| 2017 | 291 |
| 2018 | 292 |
| 2019 | 307 |
| 2020 | 320 |
| 2021 | 322 |
| 2022 | 315 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$67,952
Total Employees
5
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| KENNY KRAUSE | BUSINESS MANAGER | $141,257 |
| SHANE MCGUIN | BUSINESS REP | $129,847 |
| KARLA HARRISON | ADMIN | $58,831 |
| PERRY PARSONS | FINANCIAL OFFICER | $7,683 |
| JEFF LEFEVRE | PRESIDENT | $2,141 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023