, Local 73
Basic Information
Local 73
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 | $21,336,495 |
| Total Liabilities | $1,249,441 |
| Total Income | $12,271,336 |
| Total Spent | $11,650,414 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $13,764,813 (+4.7%) |
| Accounts Receivable | $213,441 (+4.8%) |
| Investments | $3,413,301 (+4.2%) |
| Fixed Assets | $3,832,511 (+4.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $112,429 (-6.5%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $1,249,441 |
| Mortgages | $0 |
Income
| Dues | $7,042,924 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $4,436 |
| Loan Repayment | $0 |
| Interest | $114,511 |
| Dividends | $22,175 |
| Rents | $170,147 |
| Fees and Fines | $101,264 |
| Loans Obtained | $554,882 |
| Other Receipts | $148,007 |
| Affiliates | $0 |
| Members | $4,112,990 |
| Reinvestments | $1,455,000 |
| All Others | $14,271 |
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
$11,650,414
Spending Overview
Spending Breakdown
| Representational | $788,459 (6.77%) |
| Political Activities and Lobbying | $256,044 (2.20%) |
| Contributions, Gifts, and Grants | $79,658 (0.68%) |
| General Overhead | $176,436 (1.51%) |
| Union Administration | $1,886,701 (16.19%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $335,847 (2.88%) |
| To Union Employees | $912,911 (7.84%) |
| 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
4,183
Income per Member
$2,934
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 6,135 |
| 2003 | 5,786 |
| 2004 | 5,607 |
| 2005 | 5,601 |
| 2006 | 5,735 |
| 2007 | 5,605 |
| 2008 | 5,432 |
| 2009 | 5,064 |
| 2010 | 4,823 |
| 2011 | 4,660 |
| 2012 | 4,539 |
| 2013 | 4,340 |
| 2014 | 4,399 |
| 2015 | 4,391 |
| 2016 | 4,418 |
| 2017 | 4,298 |
| 2018 | 4,401 |
| 2019 | 4,428 |
| 2020 | 4,281 |
| 2021 | 4,183 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$70,587
Total Employees
32
Employees Making more than $75,000
12
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RAYMOND SUGGS | PRESIDENT / BUS MANAGER | $222,785 |
| DANIEL AHERN | FINANCIAL SEC-TREASURER | $189,698 |
| MICHAEL VITTORIO | RECORDING SECRETARY | $186,426 |
| BRIAN MULHERAN | BUSINESS REPRESENTATIVE | $174,626 |
| ERIC OLSON | BUSINESS REPRESENTATIVE | $174,019 |
| DAVE BROWN | BUSINESS REPRESENTATIVE | $173,917 |
| MICHAEL MAY | BUSINESS REPRESENTATIVE | $172,348 |
| DAVID SYLVESTER | ORGANIZER | $165,955 |
| JEFF HILLERY | ORGANIZER | $151,445 |
| DENNIS BERG | BUSINESS REPRESENTATIVE | $88,972 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023