Laborers, Local 560

Basic Information

Local 560

Quick Facts

Members

788

Assets

$1,637,000

Employees

Address

LABORERS
681 MAIN STREET
WALTHAM, MA 2154

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	$1,637,000
Total Liabilities	$547
Total Income	$1,402,721
Total Spent	$1,287,876

» See Historical Financial Information

Total Assets Trend

Assets (Change from previous report)

Cash	$1,133,979 (+11.3%)
Accounts Receivable	$0 (0.0%)
Investments	$287,667 (-35.3%)
Fixed Assets	$63,761 (-35.3%)
Treasury Securities	$149,365 (0.0%)
Other Assets	$2,228 (-2.0%)
Loans Receivable	$0 (0.0%)

Liabilities

Loans Payable	$0
Accounts Payable	$0
Other Liabilities	$547
Mortgages	$0

Income

Dues	$1,130,715
Per Person Tax	$0
Investments	$198,375
Supplies	$0
Loan Repayment	$0
Interest	$6,605
Dividends	$11,826
Rents	$0
Fees and Fines	$55,200
Loans Obtained	$0
Other Receipts	$0
Affiliates	$0
Members	$0
Reinvestments	$0
All Others	$0

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

$1,287,876

Spending Overview

Spending Breakdown

Representational	$314,295 (24.40%)
Political Activities and Lobbying	$43,629 (3.39%)
Contributions, Gifts, and Grants	$30,548 (2.37%)
General Overhead	$0 (0.00%)
Union Administration	$186,743 (14.50%)
Strike Benefits	$0 (0.00%)
To Union Officers	$306,929 (23.83%)
To Union Employees	$33,295 (2.59%)
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

788

Income per Member

$1,780

Dues (per month)

various

Membership Trend

Year	Members
2002	672
2003	624
2004	579
2005	635
2006	637
2007	560
2008	575
2009	638
2010	544
2011	513
2012	518
2013	542
2014	584
2015	598
2016	598
2017	605
2018	647
2019	671
2020	724
2021	746
2022	788

Source: Office of Labor Management Standards

Year Covered: 2022 • Last Updated: June 12th, 2023

Leaders & Salaries

Average Total Compensation

$34,048

Total Employees

Employees Making more than $75,000

Top Ten Highest Paid Leaders

Name	Title	Total Compensation
PAUL PAVONE	BUSINESS MANAGER	$257,746
ANGELA COLEMAN	PRESIDENT	$146,689
AMANDA PAVONE	OFFICE MANAGER	$45,386
SCOTT COLEMAN	RECORDING SECRETARY	$7,980
NICOLAS PAVONE	SECRETARY - TREASURER	$6,438
STEPHEN HUGHES	VICE PRESIDENT	$3,540
DERECK SARAN	EX. BOARD	$2,700
MICHAEL QUINN	EX. BOARD	$2,700
BARRY CRONIN	SGT-AT-ARMS	$1,410
MIGUEL ALVARADO	AUDITOR	$600

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

Year Covered: 2022 • Last Updated: June 12th, 2023

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 Activity	Number of Instances
Guilty Pleas	2
Officials Sentenced	1

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.