Asbestos Workers, Local 2
Basic Information
Local 2
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 | $4,802,901 |
| Total Liabilities | $779,550 |
| Total Income | $3,083,805 |
| Total Spent | $2,102,147 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $2,044,565 (+92.4%) |
| Accounts Receivable | $250,518 (+22.1%) |
| Investments | $408,544 (-4.9%) |
| Fixed Assets | $2,099,274 (-4.9%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $426 |
| Other Liabilities | $0 |
| Mortgages | $779,124 |
Income
| Dues | $2,886,443 |
| Per Person Tax | $0 |
| Investments | $36,422 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $4,099 |
| Dividends | $9,238 |
| Rents | $105,100 |
| Fees and Fines | $16,950 |
| Loans Obtained | $0 |
| Other Receipts | $25,553 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $388,663 |
| All Others | $25,553 |
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
$2,102,147
Spending Overview
Spending Breakdown
| Representational | $419,627 (19.96%) |
| Political Activities and Lobbying | $20,622 (0.98%) |
| Contributions, Gifts, and Grants | $14,322 (0.68%) |
| General Overhead | $422,087 (20.08%) |
| Union Administration | $103,325 (4.92%) |
| Strike Benefits | $577 (0.03%) |
| To Union Officers | $360,257 (17.14%) |
| To Union Employees | $54,524 (2.59%) |
| 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
833
Income per Member
$3,702
Dues (per N/A)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 374 |
| 2003 | 390 |
| 2004 | 385 |
| 2005 | 398 |
| 2006 | 623 |
| 2007 | 632 |
| 2008 | 658 |
| 2009 | 672 |
| 2010 | 679 |
| 2011 | 708 |
| 2012 | 702 |
| 2013 | 707 |
| 2014 | 711 |
| 2015 | 742 |
| 2016 | 751 |
| 2017 | 756 |
| 2018 | 787 |
| 2019 | 833 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$33,760
Total Employees
17
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JAMES CASSIDY | FIN SECY/ BUS MGR | $127,292 |
| DANIEL CASSIDY | BUS. AGENT/OFFICER | $123,371 |
| TIMOTHY MCMANUS | BUS. AGENT/OFFICER | $122,401 |
| THOMAS MULHOLLAND | PRESIDENT/ORGANIZER | $117,684 |
| PATRICIA HUBERT | SECRETARY/BOOKKEEPER | $60,850 |
| $13,085 | ||
| JASON PERKINS | TREASURER/E-BOARD | $7,910 |
| DAVID HARRISON | E-BOARD | $330 |
| CARL CASSIDY | VICE PRESIDENT | $330 |
| JEFFREY TATE | TRUSTEE-E BOARD | $330 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021