Iron Workers, Local 440
Basic Information
Local 440
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 | $457,305 |
| Total Liabilities | $36,968 |
| Total Income | $405,160 |
| Total Spent | $343,857 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $390,549 (+18.6%) |
| Accounts Receivable | $47,502 (+4.5%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $85 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $19,169 (+31.8%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $399,167 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $375 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5,618 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$343,857
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $500 (0.15%) |
| General Overhead | $23,870 (6.94%) |
| Union Administration | $112,067 (32.59%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $90,512 (26.32%) |
| To Union Employees | $18,163 (5.28%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
348
Income per Member
$1,164
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 420 |
| 2003 | 474 |
| 2004 | 438 |
| 2005 | 398 |
| 2006 | 417 |
| 2007 | 420 |
| 2008 | 421 |
| 2009 | 421 |
| 2010 | 377 |
| 2011 | 355 |
| 2012 | 355 |
| 2013 | 353 |
| 2014 | 371 |
| 2015 | 372 |
| 2016 | 383 |
| 2017 | 376 |
| 2018 | 350 |
| 2019 | 328 |
| 2020 | 333 |
| 2021 | 367 |
| 2022 | 348 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,360
Total Employees
13
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROBERT COLE | BUSINESS MANAGER/FST/TREA | $89,280 |
| LAWRENCE BEAVAIS | OFFICE STAFF | $18,163 |
| LINN WHITE | EXECUTIVE COMMITTEE | $505 |
| HARVEY THOMPSON JR. | PRESIDENT | $493 |
| MICHAEL CLARK | EXECUTIVE COMMITTEE | $234 |
| MARK TERRANCE | EXECUTIVE COMMITTEE | $0 |
| JOHN COMBS | EXECUTIVE COMMITTEE | $0 |
| ISAAC TERRANCE | EXECUTIVE COMMITTEE | $0 |
| HAYDEN GRANGER | EXAMINING COMMITTEE/SERGE | $0 |
| ROGER WEST | EXECUTIVE COMMITTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023