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Union Facts

Musicians, Local 555

Basic Information

Local 555

Quick Facts

Address

MUSICIANS
1607 Avenida Ponce De Len
SAN JUAN, PR 909

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 $35,267
Total Liabilities $4,411
Total Income $349,398
Total Spent $362,218

Total Assets Trend

Assets (Change from previous report)

Cash $32,710 (-28.2%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $1,103 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $1,454 (+56.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $4,411
Other Liabilities $0
Mortgages $0

Income

Dues $349,398
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $0
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: 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.

Spending Overview

Spending Breakdown

Representational $39,145 (10.81%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $0 (0.00%)
General Overhead $296,566 (81.88%)
Union Administration $17,383 (4.80%)
Strike Benefits $0 (0.00%)
To Union Officers $52,192 (14.41%)
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: 2022  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
2002111
20037
20048
20058
20060
20070
20080
20090
20100
20110
20120
2014125
2015125
201680
201780
20180
20190
20200
20210
202287

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MIGUEL RIVERAPRESIDENT$13,440
KATHERINE ALVIRADELEGATE$11,352
JOSE VILLEGASSECRETARY - TREASURER$8,973
GABRIEL PLACIDODELEGATE$7,773
JOSE MARTINVICE-PRESIDENT$4,772
JOSE DE JESUSDELEGATE$4,068
FELIPE RODRIGUEZVOCAL$680
HARRY ALMODOVARVOCAL$680
FERMIN SEGARRAVOCAL$454

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023