Iron Workers, Local 568
Basic Information
Local 568
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 | $413,592 |
| Total Liabilities | $36,654 |
| Total Income | $535,523 |
| Total Spent | $556,251 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $34,958 (-37.2%) |
| Accounts Receivable | $37,990 (+18.1%) |
| Investments | $340,644 (-5.3%) |
| Fixed Assets | $0 (-5.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $44,547 |
| Per Person Tax | $0 |
| Investments | $10,674 |
| Supplies | $3,148 |
| Loan Repayment | $0 |
| Interest | $3 |
| Dividends | $14,453 |
| Rents | $0 |
| Fees and Fines | $429,173 |
| Loans Obtained | $0 |
| Other Receipts | $178 |
| Affiliates | $33,309 |
| Members | $38 |
| Reinvestments | $61,925 |
| All Others | $178 |
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
$556,251
Spending Overview
Spending Breakdown
| Representational | $36,456 (6.55%) |
| Political Activities and Lobbying | $795 (0.14%) |
| Contributions, Gifts, and Grants | $5,573 (1.00%) |
| General Overhead | $102,671 (18.46%) |
| Union Administration | $77,391 (13.91%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $46,408 (8.34%) |
| To Union Employees | $17,808 (3.20%) |
| 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
176
Income per Member
$3,043
Dues (per Month)
Varies
Membership Trend
| Year | Members |
|---|---|
| 2002 | 230 |
| 2003 | 237 |
| 2004 | 228 |
| 2005 | 227 |
| 2006 | 222 |
| 2007 | 233 |
| 2008 | 239 |
| 2009 | 235 |
| 2010 | 226 |
| 2011 | 217 |
| 2012 | 198 |
| 2013 | 186 |
| 2014 | 173 |
| 2015 | 175 |
| 2016 | 175 |
| 2017 | 167 |
| 2018 | 179 |
| 2019 | 177 |
| 2020 | 170 |
| 2021 | 183 |
| 2022 | 176 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$9,477
Total Employees
16
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CLIFFORD WENDRICKS | FS-T, BM | $79,463 |
| TONYA SHROYER | SECRETARY/BOOKKEEPER | $45,697 |
| DANIEL CESSNA | FS-T, BM | $25,430 |
| ERIC HUGHES | PRESIDENT | $1,036 |
| DENIS MCGANN II | RECORDING SECRETARY | $0 |
| WILLIAM CREEGAN | TRUSTEE | $0 |
| GERALD ALDRIDGE | SERGEANT-AT-ARMS | $0 |
| HARRY CARNELL | EXECUTIVE COMMITTEE | $0 |
| JAMES MCKENZIE | EXECUTIVE COMMITTEE | $0 |
| JASON KARPA | TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023