National Association of Letter Carriers, Branch 693
Basic Information
Local 693
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 | $227,745 |
| Total Liabilities | $376 |
| Total Income | $323,643 |
| Total Spent | $363,924 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $119,151 (-25.3%) |
| Accounts Receivable | $10,686 (+2.8%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $97,908 (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 | $376 |
| Mortgages | $0 |
Income
| Dues | $286,562 |
| Per Person Tax | $1,281 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $160 |
| Dividends | $0 |
| Rents | $28,220 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $7,420 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $7,420 |
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
$363,924
Spending Overview
Spending Breakdown
| Representational | $194,337 (53.40%) |
| Political Activities and Lobbying | $2,997 (0.82%) |
| Contributions, Gifts, and Grants | $7,185 (1.97%) |
| General Overhead | $7,187 (1.97%) |
| Union Administration | $129,905 (35.70%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $232,838 (63.98%) |
| To Union Employees | $7,293 (2.00%) |
| 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
795
Income per Member
$407
Dues (per YR)
$773
Membership Trend
| Year | Members |
|---|---|
| 2002 | 919 |
| 2003 | 916 |
| 2004 | 894 |
| 2005 | 992 |
| 2006 | 933 |
| 2007 | 895 |
| 2008 | 898 |
| 2009 | 857 |
| 2010 | 790 |
| 2011 | 808 |
| 2012 | 740 |
| 2013 | 751 |
| 2014 | 772 |
| 2015 | 841 |
| 2016 | 873 |
| 2017 | 844 |
| 2018 | 853 |
| 2019 | 870 |
| 2020 | 870 |
| 2021 | 854 |
| 2022 | 795 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$17,152
Total Employees
14
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RICHARD MONTESARCHIO | PRESIDENT | $67,143 |
| CHARLES KAVANA | RECORDING SECRETARY | $37,959 |
| WAYNE TURNER | EXECUTIVE VICE PRESIDENT | $32,763 |
| KEVIN CONNORS | TREASURER | $28,905 |
| JOSEPH GINESE | FINANCIAL SECRETARY | $21,454 |
| STEVE LAREN | VICE PRESIDENT | $18,052 |
| VICTORIA DOWNER | TRUSTEE | $15,205 |
| $7,293 | ||
| STEVEN O'CONNOR | HEALTH BENEFITS REP | $4,344 |
| ERIK CABRERA | TRUSTEE | $2,225 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023