Carpenters, Local 344
Basic Information
Local 344
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 | $2,256,944 |
| Total Liabilities | $15,460 |
| Total Income | $570,990 |
| Total Spent | $503,660 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $375,799 (+21.8%) |
| Accounts Receivable | $23,607 (-32.0%) |
| Investments | $1,502,015 (+0.7%) |
| Fixed Assets | $1,750 (+0.7%) |
| Treasury Securities | $353,773 (-6.8%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $15,460 |
| Mortgages | $0 |
Income
| Dues | $298,032 |
| Per Person Tax | $0 |
| Investments | $33,100 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $14,226 |
| Dividends | $99,180 |
| Rents | $0 |
| Fees and Fines | $7,987 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $118,465 |
| Reinvestments | $425,473 |
| All Others | $0 |
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
$503,660
Spending Overview
Spending Breakdown
| Representational | $949 (0.19%) |
| Political Activities and Lobbying | $6,553 (1.30%) |
| Contributions, Gifts, and Grants | $5,507 (1.09%) |
| General Overhead | $41,167 (8.17%) |
| Union Administration | $152,386 (30.26%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $64,372 (12.78%) |
| To Union Employees | $9,532 (1.89%) |
| 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
1,408
Income per Member
$406
Dues (per Month)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,103 |
| 2003 | 2,155 |
| 2004 | 2,123 |
| 2005 | 2,029 |
| 2006 | 2,056 |
| 2007 | 2,046 |
| 2008 | 2,044 |
| 2009 | 1,980 |
| 2010 | 1,859 |
| 2011 | 1,726 |
| 2012 | 1,615 |
| 2013 | 1,516 |
| 2014 | 1,499 |
| 2015 | 1,533 |
| 2016 | 1,538 |
| 2017 | 1,537 |
| 2018 | 1,521 |
| 2019 | 1,512 |
| 2020 | 1,467 |
| 2021 | 1,438 |
| 2022 | 1,408 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,222
Total Employees
13
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROBERT MALONE | TREASURER | $12,386 |
| $10,367 | ||
| MATT BIESER | TRUSTEE | $8,660 |
| ROBERT SCHMADL | FINANCIAL SECRETARY | $8,486 |
| RAUL HERNANDEZ | RECORDING SECRETARY | $8,355 |
| TONY BACHTELL | VICE PRESIDENT | $6,958 |
| MELODY MARTIN | TRUSTEE | $6,236 |
| MICHAEL SNOW | TRUSTEE | $5,437 |
| WALTER FURRER | PRESIDENT | $4,469 |
| RICHARD HELD | WARDEN | $4,281 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023