Center for Union Facts logo

Union Facts

Laborers, Local 472

Basic Information

Local 472

Quick Facts

Address

LABORERS
700 RAYMOND BOULEVARD
NEWARK, NJ 71052909

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 $41,785,320
Total Liabilities $205,109
Total Income $13,008,162
Total Spent $13,460,195

Total Assets Trend

Assets (Change from previous report)

Cash $8,464,718 (-5.1%)
Accounts Receivable $0 (0.0%)
Investments $32,330,391 (+22.4%)
Fixed Assets $567,195 (+22.4%)
Treasury Securities $410,972 (-79.3%)
Other Assets $12,044 (+212.4%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $205,109
Mortgages $0

Income

Dues $10,449,693
Per Person Tax $0
Investments $1,674,606
Supplies $0
Loan Repayment $4,769
Interest $388,965
Dividends $301,685
Rents $0
Fees and Fines $179,218
Loans Obtained $0
Other Receipts $9,226
Affiliates $0
Members $0
Reinvestments $14,301,528
All Others $9,226

Source: Office of Labor Management Standards

Year Covered: 2021  •  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 $2,209,605 (16.42%)
Political Activities and Lobbying $413,151 (3.07%)
Contributions, Gifts, and Grants $214,474 (1.59%)
General Overhead $1,006,643 (7.48%)
Union Administration $491,987 (3.66%)
Strike Benefits $0 (0.00%)
To Union Officers $1,615,059 (12.00%)
To Union Employees $400,510 (2.98%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
20026,329
20036,453
20046,444
20056,332
20066,553
20076,610
20086,511
20096,446
20106,322
20116,296
20126,277
20136,369
20146,527
20156,701
20166,727
20176,855
20186,966
20197,095
20207,235
20217,179

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
ANTONIO OLIVEIRABUSINESS MANAGER$294,718
MICHAEL TESTAPRESIDENT$266,192
GERARD ISABELLASECRETARY-TREASURER$265,253
MICHAEL GIUNTASERGEANT-AT-ARMS$247,065
LUIS RECIORECORDING SECRETARY$243,301
MANUEL AMADOR, JR.VICE PRESIDENT$241,195
PASQUALE MANCINIEXECUTIVE BOARD MEMBER$235,042
DEREK BROOKSAUDITOR$230,012
DENNIS D'IMPERIOAUDITOR$228,178
FRANK GIAMMARINOEXEC. ADMIN. ASST.$144,690

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction3
Sports / Entertainment2
Other1