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Union Facts

Asbestos Workers, Local 40

Basic Information

Local 40

Quick Facts

Address

ASBESTOS WORKERS
7 COUNTRY RIDGE
SCHENECTADY, NY 123042531

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 $779,577
Total Liabilities $2,636
Total Income $522,091
Total Spent $403,528

Total Assets Trend

Assets (Change from previous report)

Cash $766,577 (+18.3%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $13,000 (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 $2,636
Mortgages $0

Income

Dues $522,067
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $24
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: 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.

Spending Overview

Spending Breakdown

Representational $92,010 (22.80%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $0 (0.00%)
General Overhead $18,082 (4.48%)
Union Administration $64,199 (15.91%)
Strike Benefits $0 (0.00%)
To Union Officers $95,943 (23.78%)
To Union Employees $0 (0.00%)
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

Membership Trend

YearMembers
200269
200389
200490
200587
200682
200788
200883
200979
201079
20110
201288
201383
201488
201592
201692
201794
201895
201995
202090
202197
2022104

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MARK STUTOBUSINESS MANAGER$83,943
BERNARD CARDELLA FINANCIAL SECRETARY$12,000
THOMAS IACOVELLIEXECUTIVE BOARD$0
MICHAEL GIBEAUPRESIDENT$0
MICHAEL GELETAVICE PRESIDENT$0
ANTONIO MELENDEZEXECUTIVE BOARD$0
JODY SPEIREXECUTIVE BOARD$0
DOMONICK OGBORN RECORDING SECRETARY$0
CAROL COLEEXECUTIVE BOARD$0
THOMAS MADSENEXECUTIVE BOARD$0

Source: Office of Labor Management Standards

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

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction1