Laborers, Local 5
Basic Information
Local 5
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 | $2,527,575 |
| Total Liabilities | $2,973 |
| Total Income | $1,921,213 |
| Total Spent | $1,822,254 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $639,941 (+18.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,550,985 (-5.4%) |
| Fixed Assets | $333,837 (-5.4%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,812 (+5.2%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $2,973 |
| Mortgages | $0 |
Income
| Dues | $1,586,383 |
| Per Person Tax | $0 |
| Investments | $113,112 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $9,152 |
| Dividends | $42,474 |
| Rents | $0 |
| Fees and Fines | $64,160 |
| Loans Obtained | $0 |
| Other Receipts | $105,932 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $692,947 |
| All Others | $401 |
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.
Total Spent in 2022
$1,822,254
Spending Overview
Spending Breakdown
| Representational | $295,597 (16.22%) |
| Political Activities and Lobbying | $19,503 (1.07%) |
| Contributions, Gifts, and Grants | $16,674 (0.92%) |
| General Overhead | $27,297 (1.50%) |
| Union Administration | $507,759 (27.86%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $398,349 (21.86%) |
| To Union Employees | $67,517 (3.71%) |
| 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
Total Members
1,112
Income per Member
$1,728
Dues (per QUARTER)
$120.00
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,185 |
| 2003 | 1,355 |
| 2004 | 1,462 |
| 2005 | 1,309 |
| 2006 | 1,353 |
| 2007 | 1,321 |
| 2008 | 1,281 |
| 2009 | 1,219 |
| 2010 | 1,064 |
| 2011 | 1,108 |
| 2012 | 1,058 |
| 2013 | 1,033 |
| 2014 | 1,037 |
| 2015 | 1,243 |
| 2016 | 1,230 |
| 2017 | 1,209 |
| 2018 | 1,224 |
| 2019 | 1,201 |
| 2020 | 1,168 |
| 2021 | 1,141 |
| 2022 | 1,112 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$54,953
Total Employees
13
Employees Making more than $75,000
5
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| FRANK TAFFORA | PRESIDENT / BUS. MGR. | $173,954 |
| FRANK DIGIOVANNI | SECRETARY-TREASURER | $163,594 |
| JOHN BROWN | RECORDING SECRETARY / BA | $144,427 |
| JOHN LALIOTES | AUDITOR / BUS AGENT | $118,087 |
| KIMBERLY BEATTY | SECRETARY | $91,779 |
| LARRY CICOLINI | EXECUTIVE BOARD | $3,250 |
| JUAN AYALA | EXECUTIVE BOARD | $3,250 |
| NELSON GRIFFITHS | EXECUTIVE BOARD | $3,250 |
| EERO ST. JACQUES | VICE-PRESIDENT | $3,250 |
| DARNELL CALICOTT | SGT. AT ARMS | $3,250 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023