, Local 8042
Basic Information
Local 8042
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 | $69,814 |
| Total Liabilities | $0 |
| Total Income | $40,210 |
| Total Spent | $38,401 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $69,814 (+2.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $0 |
| Mortgages | $0 |
Income
| Dues | $40,041 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $169 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| 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
$38,401
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $100 (0.26%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $15,391 (40.08%) |
| To Union Employees | $9,819 (25.57%) |
| Education | $0 (0.00%) |
| Fees | $35 (0.09%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
150
Income per Member
$268
Dues (per hr/mo)
1.45%+.02
Membership Trend
| Year | Members |
|---|---|
| 2002 | 485 |
| 2003 | 359 |
| 2004 | 350 |
| 2005 | 325 |
| 2006 | 307 |
| 2007 | 259 |
| 2008 | 225 |
| 2009 | 213 |
| 2010 | 210 |
| 2011 | 160 |
| 2012 | 177 |
| 2013 | 169 |
| 2014 | 182 |
| 2015 | 174 |
| 2016 | 151 |
| 2017 | 170 |
| 2018 | 170 |
| 2019 | 300 |
| 2020 | 249 |
| 2021 | 340 |
| 2022 | 150 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,360
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROSE FAUST | PRESIDENT | $7,584 |
| DAVE HARVEY | PRESIDENT | $7,380 |
| JAMES ALLEN | TREASURER | $1,776 |
| LORI BEATTIE | FINANCIAL SECRETARY | $1,350 |
| MATTHEW MAJESTIC | VICE PRESIDENT | $1,320 |
| NICOLE REKICH | FINANCIAL SECRETARY | $750 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023