Utility Workers, Local 423
Basic Information
Local 423
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 | $694,894 |
| Total Liabilities | $0 |
| Total Income | $322,270 |
| Total Spent | $287,805 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $689,243 (+5.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $2,751 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,900 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $321,950 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $315 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $5 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$287,805
Spending Overview
Spending Breakdown
| Representational | $41,149 (14.30%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,600 (0.90%) |
| General Overhead | $128,616 (44.69%) |
| Union Administration | $12,136 (4.22%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $33,945 (11.79%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
231
Income per Member
$1,395
Dues (per WEEK)
$29
Membership Trend
| Year | Members |
|---|---|
| 2002 | 265 |
| 2003 | 259 |
| 2004 | 261 |
| 2005 | 246 |
| 2006 | 273 |
| 2007 | 286 |
| 2008 | 283 |
| 2009 | 311 |
| 2010 | 306 |
| 2011 | 258 |
| 2012 | 277 |
| 2013 | 271 |
| 2014 | 244 |
| 2015 | 246 |
| 2016 | 242 |
| 2017 | 240 |
| 2018 | 240 |
| 2019 | 240 |
| 2020 | 236 |
| 2021 | 231 |
| 2022 | 231 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$8,486
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL ESPOSITO | PRESIDENT | $21,259 |
| PATRICK MANN | SECRETARY | $8,602 |
| JOHN CUCCARO | VICE PRESIDENT | $2,440 |
| JOAN O'DONNELL | TREASURER | $1,644 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023