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Union Facts

Iron Workers, Local 501

Basic Information

Local 501

Quick Facts

Address

IRON WORKERS
40 PEARL STREET, UNIT #1
BRAINTREE, MA 2184

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 $102,817
Total Liabilities $2,400
Total Income $34,894
Total Spent $43,711

Total Assets Trend

Assets (Change from previous report)

Cash $98,158 (-8.2%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $32 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $4,627 (-3.6%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $2,400
Other Liabilities $0
Mortgages $0

Income

Dues $32,850
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $44
Dividends $0
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $2,000
Affiliates $0
Members $0
Reinvestments $0
All Others $0

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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 $2,000 (4.58%)
General Overhead $0 (0.00%)
Union Administration $0 (0.00%)
Strike Benefits $0 (0.00%)
To Union Officers $4,980 (11.39%)
To Union Employees $0 (0.00%)
Education $0 (0.00%)
Fees $2,400 (5.49%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

YearMembers
2002177
2003163
2004142
2005141
2006100
2007137
2008135
2009135
20100
2011109
2012101
2013104
201471
201571
201698
2017105
2018123
2019104

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
GLENN GYRISCOTREASURER/SECRETARY$4,462
CURTIS MILTONPRESIDENT$518
DAMON WILLIAMSVICE PRESIDENT$0
RYAN WILLIAMSRECORDING SECRETARY$0

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing5
Other1
Construction1