Musicians, Local 62
Basic Information
Local 62
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 | $98,240 |
| Total Liabilities | $5,206 |
| Total Income | $35,378 |
| Total Spent | $38,868 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $43,914 (-7.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $53,261 (0.0%) |
| Fixed Assets | $350 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $715 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $33,740 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,638 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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.
Total Spent in 2019
$38,868
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $8,160 (20.99%) |
| To Union Employees | $0 (0.00%) |
| Education | $0 (0.00%) |
| Fees | $2,675 (6.88%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
203
Income per Member
$174
Dues (per 1)
$130
Membership Trend
| Year | Members |
|---|---|
| 2002 | 354 |
| 2003 | 354 |
| 2004 | 350 |
| 2005 | 333 |
| 2006 | 0 |
| 2007 | 0 |
| 2008 | 298 |
| 2009 | 284 |
| 2010 | 0 |
| 2011 | 260 |
| 2012 | 0 |
| 2013 | 245 |
| 2014 | 0 |
| 2015 | 212 |
| 2016 | 203 |
| 2017 | 203 |
| 2018 | 203 |
| 2019 | 203 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$4,080
Total Employees
2
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| NICHOLAS POVEROMO | TREASURER | $6,000 |
| LEONARD PUCCIATTI | PRESIDENT | $2,160 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021