National Association of Letter Carriers, Branch 137
Basic Information
Local 137
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 | $375,589 |
| Total Liabilities | $0 |
| Total Income | $349,721 |
| Total Spent | $351,639 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $362,645 (-0.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $12,944 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $345,412 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $14 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $4,295 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $4,295 |
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
$351,639
Spending Overview
Spending Breakdown
| Representational | $228,666 (65.03%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $31,416 (8.93%) |
| Union Administration | $70,440 (20.03%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $229,020 (65.13%) |
| To Union Employees | $31,383 (8.92%) |
| 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
1,436
Income per Member
$244
Dues (per n/a)
$27
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,326 |
| 2003 | 1,326 |
| 2005 | 1,231 |
| 2006 | 1,300 |
| 2007 | 1,431 |
| 2008 | 1,383 |
| 2009 | 1,359 |
| 2010 | 1,359 |
| 2011 | 1,359 |
| 2012 | 1,359 |
| 2013 | 1,359 |
| 2014 | 1,359 |
| 2015 | 1,359 |
| 2016 | 1,359 |
| 2017 | 1,286 |
| 2018 | 1,359 |
| 2019 | 1,444 |
| 2020 | 1,444 |
| 2021 | 1,436 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$43,401
Total Employees
6
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH DESTEFANO III | PRESIDENT | $81,752 |
| GREGORY CHIPPENDALE | EXECUTIVE VICE PRESIDENT | $70,266 |
| FRANK RAMUS | SECRETARY/TREASUER | $40,956 |
| FRANK PUNTURIERO | 2ND VP | $33,231 |
| $31,383 | ||
| MICHAEL TORELLO | FIRST VP | $2,815 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023