Graphic Communications, Local 406
Basic Information
Local 406
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 | $572,947 |
| Total Liabilities | $16,522 |
| Total Income | $189,109 |
| Total Spent | $193,917 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $222,176 (-2.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $350,771 (-2.7%) |
| Fixed Assets | $0 (-2.7%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $16,522 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $151,573 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $8,479 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $29,057 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$193,917
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $43,591 (22.48%) |
| To Union Employees | $34,280 (17.68%) |
| Education | $0 (0.00%) |
| Fees | $22,200 (11.45%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
170
Income per Member
$1,112
Dues (per BI-WEEKLY)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,150 |
| 2003 | 1,150 |
| 2004 | 1,100 |
| 2005 | 1,100 |
| 2006 | 1,385 |
| 2007 | 1,269 |
| 2008 | 664 |
| 2009 | 563 |
| 2010 | 551 |
| 2011 | 530 |
| 2012 | 528 |
| 2013 | 527 |
| 2014 | 500 |
| 2015 | 527 |
| 2016 | 504 |
| 2017 | 469 |
| 2018 | 217 |
| 2019 | 182 |
| 2020 | 187 |
| 2021 | 170 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,227
Total Employees
7
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL LASPINA | PRESIDENT | $26,000 |
| LIISA MAY | SECRETARY TREASURER | $7,950 |
| JUDY WEINBERG | EDITORIAL CHAIRMAN | $2,491 |
| BARRY HOOGHKIRK | EPR VICE PRESIDENT | $2,470 |
| DON SALVITTI | BUILDING MAINTENANCE VP | $2,127 |
| MICHAEL DESOLA | RECORDING SECRETARY | $1,846 |
| ZACHARY DOWDY | EDITORIAL VICE PRESIDENT | $707 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023