Plumbers, Local 434
Basic Information
Local 434
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 | $5,420,626 |
| Total Liabilities | $193,658 |
| Total Income | $3,542,707 |
| Total Spent | $3,224,697 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,556,491 (+9.8%) |
| Accounts Receivable | $9,283 (+69.7%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $1,841,753 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $13,099 (+51.2%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $3,170,715 |
| Per Person Tax | $0 |
| Investments | $42,804 |
| Supplies | $4,492 |
| Loan Repayment | $0 |
| Interest | $1,543 |
| Dividends | $0 |
| Rents | $213,965 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $109,188 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $71,236 |
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
$3,224,697
Spending Overview
Spending Breakdown
| Representational | $1,351,924 (41.92%) |
| Political Activities and Lobbying | $91,120 (2.83%) |
| Contributions, Gifts, and Grants | $9,220 (0.29%) |
| General Overhead | $250,036 (7.75%) |
| Union Administration | $315,781 (9.79%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,080 (0.03%) |
| To Union Employees | $413,615 (12.83%) |
| 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
1,160
Income per Member
$3,054
Dues (per MONTH)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,170 |
| 2003 | 910 |
| 2004 | 1,169 |
| 2005 | 1,166 |
| 2006 | 1,342 |
| 2007 | 1,220 |
| 2008 | 1,209 |
| 2009 | 1,203 |
| 2010 | 1,167 |
| 2011 | 1,142 |
| 2012 | 1,130 |
| 2013 | 1,103 |
| 2014 | 1,076 |
| 2015 | 1,111 |
| 2016 | 1,130 |
| 2017 | 1,170 |
| 2018 | 1,139 |
| 2019 | 1,128 |
| 2020 | 1,140 |
| 2021 | 1,160 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$43,112
Total Employees
16
Employees Making more than $75,000
5
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MITCH RUNGE | BUSINESS MANAGER | $133,579 |
| RUSSELL BOOS | BUSINESS AGENT | $118,464 |
| DOUGLAS POTAPENKO | BUSINESS AGENT | $117,864 |
| GREGORY ERICKSON | BUSINESS AGENT | $115,731 |
| CHRISTOPHER TRICKLE | BUSINESS AGENT | $110,601 |
| HEATHER BLOCK | OFFICE PROFESSIONAL | $67,162 |
| $25,307 | ||
| TRACI PARROTT | RECORDING SECRETARY | $540 |
| BRENT KONOP | PRESIDENT | $300 |
| RONALD LEISER | VICE PRESIDENT | $240 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023