Longshoremens Association, Local 1416
Basic Information
Local 1416
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 | $7,950,579 |
| Total Liabilities | $429,116 |
| Total Income | $4,653,349 |
| Total Spent | $6,032,403 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $7,093,922 (-16.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $646,010 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $210,647 (+6,182.3%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $2,384,941 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,054 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $26,738 |
| Loans Obtained | $217,672 |
| Other Receipts | $240,495 |
| Affiliates | $0 |
| Members | $1,782,449 |
| Reinvestments | $0 |
| All Others | $48,262 |
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
$6,032,403
Spending Overview
Spending Breakdown
| Representational | $74,454 (1.23%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $82,096 (1.36%) |
| General Overhead | $1,235,384 (20.48%) |
| Union Administration | $935,829 (15.51%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $655,000 (10.86%) |
| To Union Employees | $195,067 (3.23%) |
| 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
574
Income per Member
$8,107
Dues (per Year)
7% Local 5% Strike Fund
Membership Trend
| Year | Members |
|---|---|
| 2002 | 646 |
| 2003 | 797 |
| 2004 | 769 |
| 2005 | 762 |
| 2006 | 744 |
| 2007 | 762 |
| 2008 | 760 |
| 2009 | 1 |
| 2010 | 818 |
| 2011 | 739 |
| 2012 | 543 |
| 2013 | 543 |
| 2014 | 621 |
| 2015 | 499 |
| 2016 | 544 |
| 2017 | 544 |
| 2018 | 654 |
| 2019 | 712 |
| 2020 | 736 |
| 2020 | 737 |
| 2021 | 574 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$69,745
Total Employees
18
Employees Making more than $75,000
5
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TORIN RAGIN | PRESIDENT | $211,125 |
| EUGENE DIXON JR | VICE PRESIDENT | $174,243 |
| DANA FERGUSON | FINANCIAL SEC-TREASURER | $172,019 |
| LARRY MCKNIGHT | BUSINESS AGENT/TRUSTEE | $167,368 |
| STEPHEN WINGARD | RECORDING SECETARY | $140,250 |
| ELLIS CANTY SR | RETIRED PRESIDENT | $70,569 |
| CRYSTAL PITTMAN | EXECUTIVE SECRETARY | $56,500 |
| TYLAN BROWN | MAINTENANCE | $47,762 |
| $46,554 | ||
| JOHN RAGIN SR | TRUSTEE/AUDIT COMM | $37,796 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023