Laborers, Local 731
Basic Information
Local 731
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 | $53,230,004 |
| Total Liabilities | $0 |
| Total Income | $26,410,724 |
| Total Spent | $27,984,132 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $9,682,015 (-14.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $42,775,439 (+6.8%) |
| Fixed Assets | $473,091 (+6.8%) |
| Treasury Securities | $33,206 (-63.4%) |
| Other Assets | $266,253 (-10.1%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $15,198,638 |
| Per Person Tax | $0 |
| Investments | $10,105,959 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $153,629 |
| Dividends | $476,183 |
| Rents | $0 |
| Fees and Fines | $442,792 |
| Loans Obtained | $0 |
| Other Receipts | $33,523 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $15 |
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.
Total Spent in 2021
$27,984,132
Spending Overview
Spending Breakdown
| Representational | $2,696,427 (9.64%) |
| Political Activities and Lobbying | $57,552 (0.21%) |
| Contributions, Gifts, and Grants | $79,775 (0.29%) |
| General Overhead | $2,823,218 (10.09%) |
| Union Administration | $650,674 (2.33%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,446,655 (5.17%) |
| To Union Employees | $425,230 (1.52%) |
| 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
Total Members
6,481
Income per Member
$4,075
Dues (per month)
$44
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,936 |
| 2003 | 4,545 |
| 2004 | 4,569 |
| 2005 | 4,764 |
| 2006 | 4,671 |
| 2007 | 4,779 |
| 2008 | 5,278 |
| 2009 | 5,141 |
| 2010 | 5,362 |
| 2011 | 5,362 |
| 2012 | 5,507 |
| 2013 | 5,291 |
| 2014 | 5,416 |
| 2015 | 5,545 |
| 2016 | 5,985 |
| 2017 | 6,195 |
| 2018 | 6,816 |
| 2019 | 6,847 |
| 2020 | 6,456 |
| 2021 | 6,481 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$116,207
Total Employees
26
Employees Making more than $75,000
12
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH D'AMATO | BUSINESS MANAGER | $345,178 |
| RONALD VALDNER | RECORDING SEC'Y/FIELD REP | $341,831 |
| DOMINIC VALDNER | SECY/TREAS | $339,184 |
| CARMINE D'AMATO | VICE PRES/FIELD REP | $338,534 |
| FRANK BIANCANIELLO | PRES/FIELD REP | $338,105 |
| HERBERT JOHNSON | EXEC BOARD/FIELD REP | $338,087 |
| JOSEPH TODARO | EXEC BOARD/FIELD REP | $338,054 |
| JENNIFER CHICHOTKY | ADM ASST | $109,408 |
| ROBERT COMPTON | FIELD REP | $91,822 |
| MARIA LANZAROTTA | CLERK | $90,009 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023