, General Committee Of Adjustment 505 - Long Island Rr
Basic Information
Local 505
(LONG ISLAND RR)
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 | $541,029 |
| Total Liabilities | $0 |
| Total Income | $892,270 |
| Total Spent | $983,184 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $541,029 (-14.4%) |
| 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 | $0 |
| Mortgages | $0 |
Income
| Dues | $892,246 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $24 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $24 |
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
$983,184
Spending Overview
Spending Breakdown
| Representational | $539,153 (54.84%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,954 (0.30%) |
| General Overhead | $195,673 (19.90%) |
| Union Administration | $1,733 (0.18%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $359,790 (36.59%) |
| To Union Employees | $50,342 (5.12%) |
| 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
3,143
Income per Member
$284
Dues (per MO)
$27
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,617 |
| 2003 | 2,635 |
| 2004 | 2,648 |
| 2005 | 2,558 |
| 2006 | 1,726 |
| 2007 | 2,667 |
| 2008 | 2,679 |
| 2009 | 2,659 |
| 2010 | 2,552 |
| 2011 | 2,516 |
| 2012 | 2,537 |
| 2013 | 2,636 |
| 2014 | 2,771 |
| 2015 | 2,851 |
| 2016 | 2,882 |
| 2017 | 2,987 |
| 2018 | 3,109 |
| 2019 | 3,143 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021
Leaders & Salaries
Average Total Compensation
$153,064
Total Employees
4
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ANTHONY SIMON | GENERAL CHAIRPERSON | $294,439 |
| VINCENT TESSITORE JR | VICE CHAIRPERSON | $218,968 |
| MARYANN BARTOLOZZI | OFFICE CLERICAL EMPLOYEE | $73,638 |
| MICHAEL DENN | SECRETARY | $25,210 |
Source: Office of Labor Management Standards
Year Covered: 2019 • Last Updated: April 8th, 2021