Center for Union Facts logo

Union Facts

Iron Workers, Local 704

Basic Information

Local 704

Quick Facts

Address

IRON WORKERS
2715 BELLE ARBOR AVENUE
CHATTANOOGA, TN 37406

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 $634,604
Total Liabilities $8,890
Total Income $670,341
Total Spent $724,161

Total Assets Trend

Assets (Change from previous report)

Cash $430,997 (-11.1%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $202,559 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $1,048 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $8,890
Mortgages $0

Income

Dues $93,307
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $7,829
Dividends $0
Rents $39,029
Fees and Fines $480,335
Loans Obtained $0
Other Receipts $33,941
Affiliates $15,900
Members $0
Reinvestments $0
All Others $33,941

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 $140,901 (19.46%)
Political Activities and Lobbying $17,000 (2.35%)
Contributions, Gifts, and Grants $0 (0.00%)
General Overhead $109,509 (15.12%)
Union Administration $83,502 (11.53%)
Strike Benefits $0 (0.00%)
To Union Officers $131,851 (18.21%)
To Union Employees $46,778 (6.46%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

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

Membership

Membership Trend

YearMembers
2002606
2003598
2004558
2005502
2006460
2007502
2008502
2009544
2010524
2011527
2012510
2013512
2014498
2015490
2016509
2017470
2018471
2019449

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
SEAN KIMBALLBUSINESS MANAGER$92,394
DANIEL POTTERPRESIDENT$75,853
ELIZABETH MCCORKLEOFFICE MANAGER$55,724
$216
SHANNON TATEVICE PRESIDENT$216
THOMAS PACETRUSTEE$0
CHRIS CAMPBELLEXECUTIVE COMMITTEE$0
KENNETH WILKINSTRUSTEE$0
PATRICK SHARPLEYEXECUTIVE COMMITTEE$0
PHILLIP BURNEYSECRETARY$0

Source: Office of Labor Management Standards

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