AFGE BOOSTS ITS FINANCIAL STRENGTH

AFGE recently announced that it has paid off the mortgage on its headquarters building, located in a prime spot just a couple of blocks from the U.S. Congress in Washington, DC. Based on its DOL report, that will free up a million dollars or more that the union can use to boost the representational return on the $20.00 a month each member pays in dues, e.g., more staff, more media support of federal employees, more lobbying, etc. The Federation has done a lot of great work over a recent 12 year period driving up membership in locals with chronically low membership, raising its annual income from $39 million to $119 million, and reducing its financial liabilities in one year by $23 million.  Finally owning its national headquarters is yet another financial achievement. The union has a lot to be proud of.

About AdminUN

FEDSMILL staff has over 40 years of federal sector labor relations experience on the union as well as management side of the table and even some time as a neutral.
This entry was posted in Union Administration and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.