Laborers, Local 53
Basic Information
Local 53
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 | $524,691 |
| Total Liabilities | $15,850 |
| Total Income | $84,824 |
| Total Spent | $88,892 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $217,911 (-1.8%) |
| Accounts Receivable | $0 (-100.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $303,780 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $3,000 (+227.2%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $81,171 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $3,610 |
| Loans Obtained | $0 |
| Other Receipts | $43 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $43 |
Source: Office of Labor Management Standards
Year Covered: 2015 • 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 2015
$88,892
Spending Overview
Spending Breakdown
| Representational | $1,076 (1.21%) |
| Political Activities and Lobbying | $220 (0.25%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $49,798 (56.02%) |
| Union Administration | $5,536 (6.23%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $25,929 (29.17%) |
| To Union Employees | $6,680 (7.51%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: June 12th, 2023
Membership
Total Members
378
Income per Member
$224
Dues (per month)
$33
Membership Trend
| Year | Members |
|---|---|
| 2002 | 539 |
| 2003 | 540 |
| 2004 | 534 |
| 2005 | 551 |
| 2006 | 558 |
| 2007 | 653 |
| 2008 | 600 |
| 2009 | 536 |
| 2010 | 526 |
| 2011 | 500 |
| 2012 | 501 |
| 2013 | 460 |
| 2014 | 419 |
| 2015 | 378 |
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,717
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| CHARLES BEAN | BUS. MGR./TREAS/SEC. | $20,079 |
| LORRAINE FERGUSON | ADMINISTRATIVE ASSISTANT | $6,680 |
| JOHN ERMITA | PRESIDENT | $1,050 |
| TIMOTHY SULLIVAN | SERGEANT-AT-ARMS | $800 |
| KEVIN MANN | RECORDING SECRETARY | $800 |
| PASQUALE LOPICCOLO | EXECUTIVE BOARD | $800 |
| GARY BONNARD | EXECUTIVE BOARD | $800 |
| BRIAN WATSON | EXECUTIVE BOARD | $800 |
| BELL CARL | VICE PRESIDENT | $800 |
| JIM WASHBURN | AUDITOR | $0 |
Source: Office of Labor Management Standards
Year Covered: 2015 • Last Updated: June 12th, 2023