Plasterers & Cement Masons, Local 502
Basic Information
Local 502
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 | $15,146,856 |
| Total Liabilities | $4,619,159 |
| Total Income | $7,027,672 |
| Total Spent | $5,885,482 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $8,242,436 (+16.1%) |
| Accounts Receivable | $2,562 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $6,896,958 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $4,900 (-64.6%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $149,000 |
| Other Liabilities | $17,742 |
| Mortgages | $4,452,417 |
Income
| Dues | $6,456,882 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $8,994 |
| Loan Repayment | $0 |
| Interest | $97,154 |
| Dividends | $0 |
| Rents | $264,179 |
| Fees and Fines | $105,916 |
| Loans Obtained | $0 |
| Other Receipts | $86,597 |
| Affiliates | $7,950 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $11,177 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
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 2019
$5,885,482
Spending Overview
Spending Breakdown
| Representational | $1,066,627 (18.12%) |
| Political Activities and Lobbying | $30,865 (0.52%) |
| Contributions, Gifts, and Grants | $58,149 (0.99%) |
| General Overhead | $484,062 (8.22%) |
| Union Administration | $1,007,911 (17.13%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $388,331 (6.60%) |
| To Union Employees | $727,500 (12.36%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
2,361
Income per Member
$2,977
Dues (per YEAR)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,684 |
| 2003 | 1,714 |
| 2004 | 1,716 |
| 2005 | 1,596 |
| 2006 | 1,729 |
| 2007 | 1,854 |
| 2008 | 1,869 |
| 2009 | 1,863 |
| 2010 | 1,845 |
| 2011 | 1,806 |
| 2012 | 2,128 |
| 2013 | 2,100 |
| 2014 | 2,050 |
| 2015 | 2,277 |
| 2016 | 2,368 |
| 2017 | 2,407 |
| 2018 | 2,363 |
| 2019 | 2,361 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$49,774
Total Employees
35
Employees Making more than $75,000
10
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| PATRICK LA CASSA | PRESIDENT/BUS MGR | $187,404 |
| LAWRENCE PICARDI, SR. | SECRETARY TREASURER | $173,494 |
| THOMAS GOLF | BUSINESS AGENT | $154,573 |
| JAMES STIKA | BUSINESS AGENT | $149,862 |
| KEVIN FARLEY | BUSINESS AGENT | $149,475 |
| MARK WARZECHA | BUSINESS AGENT | $147,557 |
| JOHN HIGGINS | BUSINESS AGENT | $146,844 |
| JOHN MANLEY | TRUSTEE - BEN. PL. / B.A. | $125,088 |
| LAWRENCE PICARDI, JR. | ORGANIZER | $115,672 |
| MICHAEL JANSKY | BUSINESS AGENT | $109,487 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021