National Association of Letter Carriers, Branch 642
Basic Information
Local 642
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 | $116,577 |
| Total Liabilities | $0 |
| Total Income | $128,209 |
| Total Spent | $127,874 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $112,492 (+0.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $4,085 (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 | $122,701 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $252 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5,256 |
| 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
$127,874
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,675 (1.31%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $20,822 (16.28%) |
| To Union Employees | $4,958 (3.88%) |
| Education | $0 (0.00%) |
| Fees | $24,594 (19.23%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
238
Income per Member
$539
Dues (per Pay period)
$28
Membership Trend
| Year | Members |
|---|---|
| 2002 | 270 |
| 2003 | 262 |
| 2004 | 225 |
| 2005 | 207 |
| 2006 | 198 |
| 2007 | 252 |
| 2008 | 191 |
| 2009 | 178 |
| 2010 | 228 |
| 2011 | 227 |
| 2012 | 234 |
| 2013 | 239 |
| 2014 | 239 |
| 2015 | 242 |
| 2016 | 264 |
| 2017 | 266 |
| 2018 | 226 |
| 2019 | 261 |
| 2020 | 416 |
| 2021 | 238 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,082
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DAVE NEGROTTI | PRESIDENT | $6,272 |
| SLATER SAILE | VICE PRESIDENT | $4,943 |
| IAN ZIMBELMAN | TRUSTEE | $3,042 |
| BAILEY TAYLOR | SECRETARY | $1,878 |
| MAXIM LYKHINE | TREASURER | $1,685 |
| JORGE SOTO | TRUSTEE | $1,237 |
| MAX TAYLOR | EDITOR | $780 |
| KENNETH HICE | PRESIDENT | $467 |
| BOB HINTON | HEALTH BENEFITS REP | $278 |
| SHAWN HAWARD | SERGEANT AT ARMS | $240 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023