Boilermakers, Lodge 40
Basic Information
Local 40
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 | $3,312,745 |
| Total Liabilities | $541,941 |
| Total Income | $1,404,082 |
| Total Spent | $1,763,185 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,578,481 (-18.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,734,264 (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 | $541,941 |
| Mortgages | $0 |
Income
| Dues | $261,657 |
| Per Person Tax | $50,335 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $6,868 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $4,602 |
| Loans Obtained | $0 |
| Other Receipts | $197,677 |
| Affiliates | $456,387 |
| Members | $426,556 |
| Reinvestments | $0 |
| All Others | $36,936 |
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
$1,763,185
Spending Overview
Spending Breakdown
| Representational | $380,706 (21.59%) |
| Political Activities and Lobbying | $5,500 (0.31%) |
| Contributions, Gifts, and Grants | $7,225 (0.41%) |
| General Overhead | $146,429 (8.30%) |
| Union Administration | $173,593 (9.85%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $278,733 (15.81%) |
| To Union Employees | $136,540 (7.74%) |
| 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
847
Income per Member
$1,658
Dues (per MONTH)
$52
Membership Trend
| Year | Members |
|---|---|
| 2002 | 636 |
| 2003 | 637 |
| 2004 | 655 |
| 2005 | 910 |
| 2006 | 871 |
| 2007 | 894 |
| 2008 | 1,025 |
| 2009 | 1,215 |
| 2010 | 1,194 |
| 2011 | 1,220 |
| 2012 | 1,177 |
| 2013 | 1,150 |
| 2014 | 1,156 |
| 2015 | 1,157 |
| 2016 | 1,122 |
| 2017 | 1,104 |
| 2018 | 1,024 |
| 2019 | 951 |
| 2020 | 915 |
| 2021 | 878 |
| 2022 | 847 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$29,662
Total Employees
14
Employees Making more than $75,000
3
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL AUTRY | SECRETARY-TREASURER | $84,498 |
| DONALD SAMMONS | SECRETARY-TREASURER | $84,142 |
| KEITH BIDDLE | RECORDING SECRETARY | $83,136 |
| MELANIE CLARK | OFFICE MANAGER | $60,598 |
| KENNETH RITCHIE | APPRENTICE INSTRUCTOR | $45,809 |
| WILLIAM VANMETER | APPRENTICE INSTRUCTOR | $30,133 |
| TERRY ELMORE | PRESIDENT | $18,015 |
| LEONARD MASON, JR | INSPECTOR | $2,622 |
| JESSE ELMORE | CHAIRMAN OF TRUSTEES | $2,107 |
| JAMES ELSWICK | VICE-PRESIDENT | $1,578 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023