National Association of Letter Carriers, Branch 5050
Basic Information
Local 5050
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 | $315,045 |
| Total Liabilities | $0 |
| Total Income | $68,302 |
| Total Spent | $47,566 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $123,045 (+20.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $192,000 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $67,326 |
| 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 | $976 |
| 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
$47,566
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,471 (9.40%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $16,661 (35.03%) |
| To Union Employees | $3,877 (8.15%) |
| Education | $0 (0.00%) |
| Fees | $1,568 (3.30%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
145
Income per Member
$471
Dues (per pay)
$23
Membership Trend
| Year | Members |
|---|---|
| 2002 | 175 |
| 2003 | 163 |
| 2004 | 169 |
| 2005 | 164 |
| 2006 | 162 |
| 2007 | 175 |
| 2008 | 172 |
| 2009 | 170 |
| 2010 | 166 |
| 2011 | 158 |
| 2012 | 157 |
| 2013 | 172 |
| 2014 | 163 |
| 2015 | 171 |
| 2016 | 179 |
| 2017 | 177 |
| 2018 | 165 |
| 2019 | 155 |
| 2020 | 155 |
| 2021 | 145 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,388
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WILLIAM HEZEL | PRESIDENT | $3,864 |
| MARK GODBEE | PRESIDENT | $2,989 |
| KATIE BUETTNER | VICE PRESIDENT | $2,681 |
| MARTY CORCORAN | ASS-SEC TREASURER | $1,600 |
| JASON SCHMELZ | TRUSTEE | $1,301 |
| SHERYL FINK | HBR | $1,145 |
| DANIEL LINN | FINC-REC SECRETARY | $1,131 |
| LUCAS DUSENBERRY | TRUSTEE | $1,019 |
| KEVIN HOLMES | LEGISLATIVE LIASON | $831 |
| THOMAS WILLETT | TRUSTEE | $100 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023