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Union Facts

Carpenters, Local 1556

Basic Information

Local 1556

Quick Facts

Address

CARPENTERS
395 HUDSON STREET
NEW YORK CITY, NY 10014

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 $2,761,879
Total Liabilities $69,472
Total Income $2,146,016
Total Spent $1,867,945

Total Assets Trend

Assets (Change from previous report)

Cash $1,181,252 (+30.8%)
Accounts Receivable $45,990 (+50.5%)
Investments $1,130,019 (-10.9%)
Fixed Assets $5,993 (-10.9%)
Treasury Securities $58,822 (+66.4%)
Other Assets $339,803 (+22.3%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $67,671
Other Liabilities $1,801
Mortgages $0

Income

Dues $1,991,210
Per Person Tax $0
Investments $70,000
Supplies $0
Loan Repayment $0
Interest $367
Dividends $19,785
Rents $0
Fees and Fines $52,511
Loans Obtained $0
Other Receipts $12,143
Affiliates $0
Members $0
Reinvestments $16,331
All Others $12,143

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.

Spending Overview

Spending Breakdown

Representational $77,608 (4.15%)
Political Activities and Lobbying $500 (0.03%)
Contributions, Gifts, and Grants $121,613 (6.51%)
General Overhead $522,285 (27.96%)
Union Administration $63,997 (3.43%)
Strike Benefits $0 (0.00%)
To Union Officers $57,342 (3.07%)
To Union Employees $148,948 (7.97%)
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

Membership Trend

YearMembers
20122,924
20132,705
20142,778
20152,908
20163,145
20173,123
20183,020
20192,983
20202,832
20213,083
20223,065

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOANN NARVEZOFFICE MANAGER$89,139
ROSE MEDINA-THUNDERSECRETARY$51,716
PATTY JUNESECRETARY$45,740
JANETTE PRUDHOMMESECRETARY$13,946
$13,796
CARL ZANCHELLIPRESIDENT$13,751
THOMAS KINGTREASURER$9,351
VICTOR SAUMEFINANCIAL SECRETARY$6,400
BRIAN MCLAUGHLINRECORDING SECRETARY$6,330
JOHN PARZYCHTRUSTEE$5,775

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023