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Union Facts

Iron Workers, Local 58

Basic Information

Local 58

Quick Facts

Address

IRON WORKERS
8116 CHEF MENTEUR HWY
NEW ORLEANS, LA 70126

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 $0
Total Liabilities $0
Total Income $83,578
Total Spent $496,609

Total Assets Trend

Assets (Change from previous report)

Cash $0 (-100.0%)
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 $0
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $86
Dividends $0
Rents $0
Fees and Fines $83,492
Loans Obtained $0
Other Receipts $0
Affiliates $0
Members $0
Reinvestments $0
All Others $0

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.

Spending Overview

Spending Breakdown

Representational $0 (0.00%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $700 (0.14%)
General Overhead $40,254 (8.11%)
Union Administration $432,419 (87.07%)
Strike Benefits $0 (0.00%)
To Union Officers $0 (0.00%)
To Union Employees $0 (0.00%)
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

Membership Trend

YearMembers
2002526
2003526
2004540
2005384
2006366
2007440
2008400
2009423
2010384
2011327
2012349
2013361
2014364
2015326
2016269
2017255
2018255
2019252
2020218
2021228

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Crime, Corruption & Racketeering

The Office of Labor-Management Standards (OLMS) conducts investigations to determine if violations of the Labor-Management Relations and Disclosure Act (LMRDA) provisions have occurred.

Investigations are initiated based on various sources such as complaints from union members; information developed by OLMS as a result of reviewing reports filed; information developed during an OLMS audit of a union’s books and records; and information obtained from other government agencies. Investigations may involve civil matters (such as an election of union officers) or criminal matters (such as embezzlement of union funds).

Corruption and Embezzlement Charges

Type of Criminal ActivityNumber of Instances
criminal charges2
embezzlement charges2
Guilty Pleas1

Some incidents may be accounted for in multiple categories.

Source: Office of Labor-Management Standards

Last Updated: April 8th, 2021

Financial Audits

The Office of Labor-Management Standards (OLMS) has responsibility under the Labor-Management Relations and Disclosure Act (LMRDA) to conduct audits to determine if unions are complying with the law.

OLMS uses a streamlined audit approach called the Compliance Audit Program (CAP) to audit local unions which utilizes specialized records review and investigative techniques to verify LMRDA compliance.

LocalViolationsView Audit
BSOIW Local 58Full Audit Text

Source: Office of Labor-Management Standards

Last Updated: November 15th, 2016