Laborers, Local 60
Basic Information
Local 60
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 | $18,644,236 |
| Total Liabilities | $77,898 |
| Total Income | $7,780,927 |
| Total Spent | $4,894,621 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $8,422,642 (+52.1%) |
| Accounts Receivable | $648,399 (+19.6%) |
| Investments | $8,799,710 (+71.9%) |
| Fixed Assets | $166,818 (+71.9%) |
| Treasury Securities | $0 (-100.0%) |
| Other Assets | $606,667 (+18.3%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $77,898 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $4,531,103 |
| Per Person Tax | $0 |
| Investments | $2,031,480 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $203,216 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $123,965 |
| Affiliates | $891,163 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,862 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$4,894,621
Spending Overview
Spending Breakdown
| Representational | $512,584 (10.47%) |
| Political Activities and Lobbying | $13,518 (0.28%) |
| Contributions, Gifts, and Grants | $80,734 (1.65%) |
| General Overhead | $464,593 (9.49%) |
| Union Administration | $69,352 (1.42%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $453,558 (9.27%) |
| To Union Employees | $105,199 (2.15%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
1,267
Income per Member
$6,141
Dues (per month)
$40
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,208 |
| 2003 | 1,163 |
| 2004 | 1,152 |
| 2005 | 1,081 |
| 2006 | 1,105 |
| 2007 | 1,190 |
| 2008 | 1,208 |
| 2009 | 1,158 |
| 2010 | 1,095 |
| 2011 | 1,040 |
| 2012 | 1,033 |
| 2013 | 1,011 |
| 2014 | 1,041 |
| 2015 | 1,140 |
| 2016 | 1,178 |
| 2017 | 1,253 |
| 2018 | 1,304 |
| 2019 | 1,288 |
| 2020 | 1,238 |
| 2021 | 1,267 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$57,067
Total Employees
14
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ANTHONY ASCENCAO | BUSINESS MANAGER | $270,353 |
| MICHAEL MOREIRA | SECRETARY/TREASURER | $174,449 |
| JACINTO FRAGOSO | RECORDING SECRETARY | $173,942 |
| MICHELLE FERNANDES | ASS'T TO BUSINESS MANAGER | $76,248 |
| NICOLE APOSTOLOU | BOOKEEPER | $64,739 |
| FRANK BISIGNANO | PRESIDENT | $15,600 |
| VICENTE MENDOZA | VICE PRESIDENT | $6,600 |
| CARLOS GONZALEZ | EXECUTIVE BOARD | $4,800 |
| ANDREW FERRARO | EXECUTIVE BOARD | $4,800 |
| DAVID FICKERIA | SGT AT ARMS | $3,900 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023