, Local 731
Basic Information
Local 731
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 | $481,632 |
| Total Liabilities | $108,863 |
| Total Income | $243,070 |
| Total Spent | $228,668 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $220,318 (+7.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $261,314 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $108,863 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $211,730 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $3,218 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $4,212 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $10,140 |
| Affiliates | $0 |
| Members | $13,770 |
| Reinvestments | $0 |
| All Others | $140 |
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
$228,668
Spending Overview
Spending Breakdown
| Representational | $115,291 (50.42%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $5,758 (2.52%) |
| General Overhead | $36,932 (16.15%) |
| Union Administration | $36,243 (15.85%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $85,961 (37.59%) |
| To Union Employees | $29,383 (12.85%) |
| 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
542
Income per Member
$448
Dues (per Month)
1.45%+.02/hr
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,014 |
| 2003 | 973 |
| 2004 | 958 |
| 2005 | 937 |
| 2006 | 923 |
| 2007 | 897 |
| 2008 | 807 |
| 2009 | 325 |
| 2010 | 800 |
| 2011 | 756 |
| 2012 | 738 |
| 2013 | 735 |
| 2014 | 723 |
| 2015 | 687 |
| 2016 | 660 |
| 2017 | 645 |
| 2018 | 607 |
| 2019 | 575 |
| 2020 | 530 |
| 2021 | 542 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$7,099
Total Employees
20
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRET SHARP | PRESIDENT | $20,023 |
| JANET SHARP | SECRETARY | $16,665 |
| TERRY CAREY | VICE PRESIDENT | $15,244 |
| TIM JENKINS | TREASURER | $14,320 |
| PETER WARD | FINANCIAL SECRETARY | $11,953 |
| SCOTT WEISMAN | CHIEF STEWARD | $10,561 |
| $8,907 | ||
| JAMES PALMER | COMMITTEEMAN | $6,597 |
| JEFFERY RICKEY | RECORDING SECRETARY | $5,958 |
| ANGIE SPEAKMAN | TRUSTEE | $5,673 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023