Elevator Constructors, Local 55
Basic Information
Local 55
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 | $443,313 |
| Total Liabilities | $0 |
| Total Income | $415,314 |
| Total Spent | $384,127 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $432,051 (+7.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $9,662 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $1,600 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $408,283 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $90 |
| Loan Repayment | $0 |
| Interest | $621 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $6,320 |
| 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
$384,127
Spending Overview
Spending Breakdown
| Representational | $97,299 (25.33%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,520 (0.66%) |
| General Overhead | $35,898 (9.35%) |
| Union Administration | $51,300 (13.35%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $114,116 (29.71%) |
| 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
109
Income per Member
$3,810
Dues (per Qtr)
$1,025
Membership Trend
| Year | Members |
|---|---|
| 2002 | 134 |
| 2003 | 119 |
| 2004 | 113 |
| 2005 | 111 |
| 2006 | 117 |
| 2007 | 122 |
| 2008 | 127 |
| 2009 | 134 |
| 2010 | 129 |
| 2011 | 117 |
| 2012 | 108 |
| 2013 | 107 |
| 2014 | 99 |
| 2015 | 101 |
| 2016 | 94 |
| 2017 | 103 |
| 2018 | 105 |
| 2019 | 112 |
| 2020 | 111 |
| 2021 | 109 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$10,406
Total Employees
15
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROD GILLES | BUSINESS REP | $149,690 |
| MATT VEHLOW | RECORDING SECRETARY | $2,131 |
| KEVIN GILLES | VICE PRESIDENT | $2,131 |
| SETH GILLES | PRESIDENT | $2,131 |
| STEVE THOMAS | PAST EXECUTIVE BOARD | $0 |
| JIM MOORE | FINANCIAL SECRETARY | $0 |
| JAMES MILLER | TRUSTEE | $0 |
| KEVIN GILLES | EXECUTIVE BOARD | $0 |
| LAWRENCE BRUMM | TRUSTEE | $0 |
| MATT VEHLOW | EXECUTIVE BOARD | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023