Asbestos Workers, Local 1
Basic Information
Local 1
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 | $5,879,597 |
| Total Liabilities | $102,197 |
| Total Income | $2,862,051 |
| Total Spent | $2,645,134 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $3,075,700 (+7.6%) |
| Accounts Receivable | $125,172 (+12.0%) |
| Investments | $1,808,171 (+2.5%) |
| Fixed Assets | $870,554 (+2.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $102,197 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $2,372,774 |
| Per Person Tax | $0 |
| Investments | $125,461 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $42,248 |
| Dividends | $0 |
| Rents | $144,981 |
| Fees and Fines | $1,924 |
| Loans Obtained | $0 |
| Other Receipts | $174,663 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $22,487 |
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
$2,645,134
Spending Overview
Spending Breakdown
| Representational | $1,073,381 (40.58%) |
| Political Activities and Lobbying | $7,409 (0.28%) |
| Contributions, Gifts, and Grants | $43,411 (1.64%) |
| General Overhead | $169,984 (6.43%) |
| Union Administration | $322,802 (12.20%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $453,142 (17.13%) |
| To Union Employees | $122,534 (4.63%) |
| 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
586
Income per Member
$4,884
Dues (per HOURLY)
$4
Membership Trend
| Year | Members |
|---|---|
| 2002 | 320 |
| 2003 | 329 |
| 2004 | 353 |
| 2005 | 313 |
| 2006 | 333 |
| 2007 | 349 |
| 2008 | 383 |
| 2009 | 558 |
| 2010 | 575 |
| 2011 | 566 |
| 2012 | 578 |
| 2013 | 551 |
| 2014 | 572 |
| 2015 | 612 |
| 2016 | 568 |
| 2017 | 579 |
| 2018 | 603 |
| 2019 | 578 |
| 2020 | 578 |
| 2021 | 586 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$26,119
Total Employees
28
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GERALD MCATEE | FINANCIAL SECRETARY | $148,176 |
| GARY PAYEUR | BUSINESS MANAGER | $148,085 |
| JOSEPH COSTA | BUISINESS AGENT | $137,328 |
| BRAD ACKMAN | EXECUTIVE BOARD | $95,640 |
| JENNIFER CONNER | OFFICE MANAGER | $64,759 |
| KELLY FRITZE | ADMINISTRATIVE ASSISSTANT | $60,714 |
| SHERRY SALTZMAN | OFFICE MANAGER | $22,957 |
| KEVIN LEAHY | PRESIDENT | $12,719 |
| ENRIQUE CARERA | CONSULTANT | $10,097 |
| ROBERT ACKMAN | TRUSTEE | $5,632 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023