Plumbers, Local 342
Basic Information
Local 342
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 | $30,060,022 |
| Total Liabilities | $936,247 |
| Total Income | $11,845,928 |
| Total Spent | $15,607,655 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $7,109,536 (-34.6%) |
| Accounts Receivable | $744,499 (-13.9%) |
| Investments | $13,404,380 (+8.6%) |
| Fixed Assets | $8,776,158 (+8.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $25,449 (+215.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $10,290,695 |
| Per Person Tax | $0 |
| Investments | $54,548 |
| Supplies | $46,760 |
| Loan Repayment | $0 |
| Interest | $22,208 |
| Dividends | $371,144 |
| Rents | $619,070 |
| Fees and Fines | $55,739 |
| Loans Obtained | $0 |
| Other Receipts | $385,764 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $5,126,738 |
| All Others | $24,573 |
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.
Total Spent in 2021
$15,607,655
Spending Overview
Spending Breakdown
| Representational | $3,159,235 (20.24%) |
| Political Activities and Lobbying | $444,208 (2.85%) |
| Contributions, Gifts, and Grants | $230,716 (1.48%) |
| General Overhead | $2,024,373 (12.97%) |
| Union Administration | $297,909 (1.91%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,400,364 (8.97%) |
| To Union Employees | $485,897 (3.11%) |
| 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
Total Members
3,922
Income per Member
$3,020
Dues (per MONTH)
See Min/Max
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,335 |
| 2003 | 3,217 |
| 2004 | 3,164 |
| 2005 | 3,151 |
| 2006 | 3,164 |
| 2007 | 3,205 |
| 2008 | 3,145 |
| 2009 | 3,021 |
| 2010 | 3,072 |
| 2011 | 3,035 |
| 2012 | 3,150 |
| 2013 | 3,187 |
| 2014 | 3,159 |
| 2015 | 3,224 |
| 2016 | 3,231 |
| 2017 | 3,384 |
| 2018 | 4,234 |
| 2019 | 4,164 |
| 2020 | 3,984 |
| 2021 | 3,922 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$65,168
Total Employees
46
Employees Making more than $75,000
15
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHE TIMMONS | BUSINESS MANAGER | $270,765 |
| TIMOTHY KNIGHT | PLUMBER REPRESENTATIVE | $254,426 |
| CHARLES LEONARD JR. | BUSINESS REPRESENTATIVE | $252,833 |
| ROBERT NASH | ASST BUSINESS MGR & REP | $244,944 |
| MATHEW HATTICH | BUS REP & ALT TRUSTEE | $236,869 |
| MARC LOPEZ | BUSINESS REPRESENTATIVE | $229,730 |
| RODDY AUER | ORGANZIER | $228,890 |
| STEPHEN ECKLEY | BUSINESS REPRESENTATIVE | $226,802 |
| CHAD MARTIN | PIPELINE REPRESENTATIVE | $190,832 |
| CHARLENE WALTON | CLERICAL | $116,904 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023