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Union Facts

, Local 292

Basic Information

Local 292

Quick Facts

Address


64 PARK STREET
TROY, MI 48083

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 $629,748
Total Liabilities $3,606
Total Income $1,485,387
Total Spent $1,357,918

Total Assets Trend

Assets (Change from previous report)

Cash $435,659 (+41.4%)
Accounts Receivable $0 (0.0%)
Investments $174,498 (-42.8%)
Fixed Assets $19,591 (-42.8%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $3,606
Mortgages $0

Income

Dues $1,189,867
Per Person Tax $0
Investments $245,000
Supplies $5,207
Loan Repayment $0
Interest $8,420
Dividends $0
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $36,893
Affiliates $0
Members $0
Reinvestments $412,000
All Others $36,893

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.

Spending Overview

Spending Breakdown

Representational $431,582 (31.78%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $57,398 (4.23%)
General Overhead $204,556 (15.06%)
Union Administration $14,220 (1.05%)
Strike Benefits $0 (0.00%)
To Union Officers $429,730 (31.65%)
To Union Employees $110,923 (8.17%)
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

Membership Trend

YearMembers
2002847
2003898
2004812
2005736
2006704
2007808
2008608
2009604
2010868
2011632
2012674
2013662
2014686
2015669
2016656
2017667
2018620
2019755

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PAUL GUALDONIBUSINESS MANAGER$160,142
ANTHONY LAFORRESTBUS. REP/PRESIDENT$149,088
ROBERT WENZELLJAC TRUSTEE$99,321
LAURA TOMASIOFFICE MANAGER$61,244
LEE MATTHEWSADMINISTRATIVE ASSISTANT$47,827
STEVEN BLANCHARDRECORDING SECRETARY$2,394
PETER PRIEBESTEWARD$2,272
IRO GALEAEXECUTIVE BOARD$2,122
$1,852
JEROME SARRACHEXECUTIVE BOARD$1,777

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021