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Union Facts

Plasterers & Cement Masons, Local 534

Basic Information

Local 534

Quick Facts

Address

PLASTERERS & CEMENT MASONS
7 FREDERIKA STREET
BOSTON, MA 21245115

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 $1,340,825
Total Liabilities $161,879
Total Income $1,436,787
Total Spent $1,079,793

Total Assets Trend

Assets (Change from previous report)

Cash $850,459 (+72.3%)
Accounts Receivable $105,903 (-17.4%)
Investments $288,089 (-4.0%)
Fixed Assets $56,931 (-4.0%)
Treasury Securities $0 (0.0%)
Other Assets $39,443 (+78.7%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $97,861
Other Liabilities $64,018
Mortgages $0

Income

Dues $905,424
Per Person Tax $310,216
Investments $0
Supplies $0
Loan Repayment $0
Interest $4,529
Dividends $0
Rents $0
Fees and Fines $49,931
Loans Obtained $0
Other Receipts $166,687
Affiliates $0
Members $0
Reinvestments $0
All Others $14,246

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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 $410,177 (37.99%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $1,020 (0.09%)
General Overhead $0 (0.00%)
Union Administration $53,125 (4.92%)
Strike Benefits $0 (0.00%)
To Union Officers $207,967 (19.26%)
To Union Employees $16,832 (1.56%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

YearMembers
2002429
2003454
2004422
2005385
2006409
2007439
2008432
2009405
2010407
2011371
2012374
2013380
2014395
2015418
2016380
2017410
2018456
2019457

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PETER STRACUZZIBUS MGR/ SECY TREASURER$102,840
JOHN SWEENEYPRESIDENT$101,430
LARRY REGALADOORGANIZER$37,380
SCOTT RUANEVICE PRESIDENT/ORGANIZER$24,320
VICTORIA GRIGNONOFFICE MANAGER$13,248
KATHLEEN CYZMBOROFFICE MANAGER$5,229
JAMES MULCAHYRECORDING SECRETARY$2,600
MEGAN MAGOONOFFICE MANAGER$2,223
SALVATORE DISALVOSGT-AT-ARMS$0
WILLIAM REDMONDTRUSTEE$0

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Crime, Corruption & Racketeering

The Office of Labor-Management Standards (OLMS) conducts investigations to determine if violations of the Labor-Management Relations and Disclosure Act (LMRDA) provisions have occurred.

Investigations are initiated based on various sources such as complaints from union members; information developed by OLMS as a result of reviewing reports filed; information developed during an OLMS audit of a union’s books and records; and information obtained from other government agencies. Investigations may involve civil matters (such as an election of union officers) or criminal matters (such as embezzlement of union funds).

Corruption and Embezzlement Charges

Type of Criminal ActivityNumber of Instances
criminal charges1
Officials Sentenced1

Some incidents may be accounted for in multiple categories.

Source: Office of Labor-Management Standards

Last Updated: April 8th, 2021

Financial Audits

The Office of Labor-Management Standards (OLMS) has responsibility under the Labor-Management Relations and Disclosure Act (LMRDA) to conduct audits to determine if unions are complying with the law.

OLMS uses a streamlined audit approach called the Compliance Audit Program (CAP) to audit local unions which utilizes specialized records review and investigative techniques to verify LMRDA compliance.

Source: Office of Labor-Management Standards

Last Updated: November 15th, 2016

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction6