Retail, Wholesale, and Department Store, Local 262
Basic Information
Local 262
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 | $106,978 |
| Total Liabilities | $74,826 |
| Total Income | $517,963 |
| Total Spent | $468,690 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $106,978 (+85.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $74,826 |
| Mortgages | $0 |
Income
| Dues | $353,234 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $8 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $164,721 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$468,690
Spending Overview
Spending Breakdown
| Representational | $210,944 (45.01%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $38,555 (8.23%) |
| Union Administration | $43,163 (9.21%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $242,485 (51.74%) |
| To Union Employees | $6,614 (1.41%) |
| 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
584
Income per Member
$887
Dues (per MONTH)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,379 |
| 2003 | 2,331 |
| 2004 | 2,261 |
| 2005 | 2,051 |
| 2006 | 1,081 |
| 2007 | 1,306 |
| 2008 | 1,085 |
| 2009 | 1,044 |
| 2010 | 1,024 |
| 2011 | 946 |
| 2012 | 711 |
| 2013 | 584 |
| 2014 | 523 |
| 2015 | 705 |
| 2016 | 598 |
| 2017 | 598 |
| 2018 | 612 |
| 2019 | 584 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$31,137
Total Employees
8
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DANIEL RIGHETTI | PRESIDENT | $94,201 |
| TOM WALSH | SECRETARY/TREASURER | $86,780 |
| JASMIN PETRILLO | RECORDING SECRETARY | $61,504 |
| WALTER DEMKOWICZ | ANALYST | $6,614 |
| MARK DUDLEY | FINANCIAL SECRETARY | $0 |
| RUDY CASTELLANO | VICE PRESIDENT | $0 |
| TOM LOUGHRAN | VICE PRESIDENT | $0 |
| VIC GIRANDA | VICE PRESIDENT | $0 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021