Plumbers, Local 718
Basic Information
Local 718
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 | $164,976 |
| Total Liabilities | $0 |
| Total Income | $169,917 |
| Total Spent | $166,565 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $64,066 (+5.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $100,610 (+25.2%) |
| Fixed Assets | $0 (+25.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $300 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $169,659 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $258 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$166,565
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $14,736 (8.85%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $32,750 (19.66%) |
| To Union Employees | $0 (0.00%) |
| 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
160
Income per Member
$1,062
Dues (per month)
70/70
Membership Trend
| Year | Members |
|---|---|
| 2002 | 261 |
| 2003 | 250 |
| 2004 | 236 |
| 2005 | 217 |
| 2006 | 213 |
| 2007 | 210 |
| 2008 | 216 |
| 2009 | 217 |
| 2010 | 223 |
| 2011 | 214 |
| 2012 | 199 |
| 2013 | 189 |
| 2014 | 182 |
| 2015 | 182 |
| 2016 | 175 |
| 2017 | 175 |
| 2018 | 160 |
| 2019 | 160 |
| 2020 | 160 |
| 2021 | 160 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,550
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRIAN GOAD | FINANCIAL SECRETARY | $21,980 |
| TIM WILLIS | BUSINESS AGENT | $10,770 |
| BOBBY GREGORY | VICE PRESIDENT | $0 |
| GREGG PRUITT | RECORDING SECRETARY | $0 |
| TIM MILLIGAN | PRESIDENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023