Retail, Wholesale, and Department Store, Local 338
Basic Information
Local 338
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 | $23,221,468 |
| Total Liabilities | $866,999 |
| Total Income | $20,529,397 |
| Total Spent | $20,454,706 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $875,239 (+9.3%) |
| Accounts Receivable | $468,794 (-26.1%) |
| Investments | $14,269,646 (+17.3%) |
| Fixed Assets | $7,560,789 (+17.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $47,000 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $7,336,637 |
| Per Person Tax | $0 |
| Investments | $10,112,021 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $14,584 |
| Dividends | $154,154 |
| Rents | $404,260 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $2,507,741 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $121,772 |
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
$20,454,706
Spending Overview
Spending Breakdown
| Representational | $3,193,210 (15.61%) |
| Political Activities and Lobbying | $181,411 (0.89%) |
| Contributions, Gifts, and Grants | $269,070 (1.32%) |
| General Overhead | $2,394,232 (11.71%) |
| Union Administration | $272,927 (1.33%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $1,159,606 (5.67%) |
| To Union Employees | $1,480,590 (7.24%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Membership
Total Members
11,771
Income per Member
$1,744
Dues (per per month)
47.65/42.32
Membership Trend
| Year | Members |
|---|---|
| 2002 | 15,037 |
| 2003 | 16,154 |
| 2004 | 15,570 |
| 2005 | 15,536 |
| 2006 | 14,423 |
| 2007 | 14,620 |
| 2008 | 13,520 |
| 2009 | 14,234 |
| 2010 | 14,797 |
| 2011 | 14,542 |
| 2012 | 14,514 |
| 2013 | 14,729 |
| 2014 | 14,644 |
| 2015 | 11,810 |
| 2016 | 11,902 |
| 2017 | 11,615 |
| 2018 | 11,601 |
| 2019 | 11,771 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$84,039
Total Employees
50
Employees Making more than $75,000
22
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOHN DURSO | PRESIDENT | $325,260 |
| TERI NOBLE | VP | $226,636 |
| CHARLES HAMILTON | FUND ADMINISTRATOR | $214,213 |
| JOSEPH FONTANO | SECRETARY-TREASURER | $197,404 |
| NEIL GONZALVO | EXECUTIVE VICE PRESIDENT | $186,866 |
| HAROLD MITTEL | CONTROLLER | $160,800 |
| ELENA DUNDON | SR.DIRECTOR OF OPERATIONS | $156,850 |
| EDWARD CIMAFONTE | IT DIRECTOR | $152,957 |
| FREDERICK WREN | VP | $137,819 |
| MICHAEL PASQUARETTA | VP | $137,525 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Health Care | 2 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 2 |
| Not Provided | 2 |
| Professional, Scientific &Tech Serv | 1 |
| Wholesale Trade | 1 |