Laborers, Local 559
Basic Information
Local 559
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 | $4,494,051 |
| Total Liabilities | $48,960 |
| Total Income | $1,025,201 |
| Total Spent | $1,202,595 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,913,530 (-4.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $514,884 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $65,637 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $48,960 |
| Mortgages | $0 |
Income
| Dues | $881,056 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $59,485 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $67,202 |
| Loans Obtained | $0 |
| Other Receipts | $17,458 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $4,450 |
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
$1,202,595
Spending Overview
Spending Breakdown
| Representational | $408,625 (33.98%) |
| Political Activities and Lobbying | $30,857 (2.57%) |
| Contributions, Gifts, and Grants | $27,852 (2.32%) |
| General Overhead | $110,787 (9.21%) |
| Union Administration | $100,593 (8.36%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $275,653 (22.92%) |
| To Union Employees | $39,541 (3.29%) |
| 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
892
Income per Member
$1,149
Dues (per MONTH)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 869 |
| 2003 | 711 |
| 2004 | 623 |
| 2005 | 0 |
| 2006 | 0 |
| 2007 | 836 |
| 2008 | 765 |
| 2009 | 698 |
| 2010 | 809 |
| 2011 | 945 |
| 2012 | 741 |
| 2013 | 727 |
| 2014 | 1,129 |
| 2015 | 1,216 |
| 2016 | 1,120 |
| 2017 | 1,079 |
| 2018 | 1,148 |
| 2019 | 1,026 |
| 2020 | 917 |
| 2021 | 790 |
| 2022 | 892 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$50,145
Total Employees
10
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JEROME PETERSON | BUSINESS MANAGER/FIN SEC | $315,871 |
| JOE III DAVIS | BUSINESS MANAGER/FIN SEC | $118,257 |
| ANITA OTEY | OFFICE MANAGER | $58,734 |
| EDDIE FLUKER | PRESIDENT | $3,133 |
| WALTER WILSON | RECORDING SECRETARY | $2,600 |
| ROBBIE SMITH | AUDITOR | $1,950 |
| DERRICK REYNOLDS | SERGEANT AT ARMS | $450 |
| CHRISTOPHER MASON | EXECUTIVE BAORD | $450 |
| MARK HOLT | EXECUTIVE BOARD | $0 |
| RICKY FARNER | AUDITOR | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Construction | 6 |
| Food Manufacturing / Processing | 2 |
| Manufacturing | 1 |