Employment Standards Administration
Office of Labor-Management Standards
Washington, DC 20210
FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT
Form Approved
Office of Management and Budget
No. 1215-0188
Expires: 11-30-2006
MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR MORE IN TOTAL ANNUAL RECEIPTS AND LABOR ORGANIZATIONS IN TRUSTEESHIP
This report is mandatory under P.L. 86-257, as amended. Failure to comply may result in criminal prosecution, fines, or civil penalties as provided by 29 U.S.C. 439 or 440.
READ THE INSTRUCTIONS CAREFULLY BEFORE PREPARING THIS REPORT.
For Official Use Only
1. FILE NUMBER
008-037
2. PERIOD COVERED
From
1/1/2005
Through
12/31/2005
3.
(a) AMENDED - Is this an amended report:
No
(b) HARDSHIP - Filed under the hardship procedures:
No
(c) TERMINAL - This is a terminal report:
No
4. AFFILIATION OR ORGANIZATION NAME
LABORERS AFL-CIO
5. DESIGNATION (Local, Lodge, etc.)
LOCAL UNION
6. DESIGNATION NBR
57
7. UNIT NAME (if any)
8. MAILING ADDRESS (Type or print in capital letters)
First Name
MICHAEL
Last Name
CARFAGNO
P.O Box - Building and Room Number
Number and Street
500-506 NORTH 6TH STREET
City
PHILADELPHIA
State
PA
ZIP Code + 4
19123
9. Are your organization's records kept at its mailing address?
Yes
Each of the undersigned, duly authorized officers of the above labor organization, declares, under penalty of perjury and other applicable penalties of law, that all of the information submitted in this report (including information contained in any accompanying documents) has been examined by the signatory and is, to the best of the undersigned individual's knowledge and belief, true, correct and complete (See Section V on penalties in the instructions.)
26. SIGNED:
MICHAEL D DANIELS
PRESIDENT
27. SIGNED:
MICHAEL R CARFAGNO
TREASURER
Date:
Mar 20, 2006
Contact Info:
Date:
Mar 20, 2006
Contact Info:
Form LM-2 (Revised 2003)
ITEMS 10 THROUGH 21
FILE NUMBER: 008-037
10. During the reporting period did the labor organization create or participate in the administration of a trust or a fund or organization, as defined in the instructions, which provides benefits for members or beneficiaries?
Yes
11. During the reporting period did the labor organization have a Political Action Committee (PAC) fund?
No
12. During the reporting period did the labor organization have an audit or review of its books and records by an outside accountant or by a parent body auditor/representative?
Yes
13. During the reporting period did the labor organization discover any loss or shortage of funds or other assets? (Answer "Yes" even if there has been repayment or recovery.)
No
14. What is the maximum amount recoverable under the labor organization's fidelity bond for a loss caused by any officer, employee or agent of the labor organization who handled union funds?
$500,000
15. During the reporting period did the labor organization acquire or dispose of any assets in a manner other than purchase or sale?
Yes
16. Were any of the labor organization's assets pledged as security or encumbered in any way at the end of the reporting period?
No
17. Did the labor organization have any contingent liabilities at the end of the reporting period?
No
18. During the reporting period did the labor organization have any changes in its constitution or bylaws, other than rates of dues and fees, or in practices/procedures listed in the instructions?
Yes
19. What is the date of the labor organization's next regular election of officers?
6/2008
20. How many members did the labor organization have at the end of the reporting period?
2,542
21. What ar the labor organization's rates of dues and fees?
Rates of Dues and Fees
Dues/Fees
Amount
Unit
Minimum
Maximum
(a) Regular Dues/Fees
$24-$27
per
MONTH
$24
$27
(b) Working Dues/Fees
.05 - .80
per
HOUR
.05
.80
(c) Initiation Fees
$300-$600
per
$300
$600
(d) Transfer Fees
NA
per
(e) Work Permits
NA
per
Form LM-2 (Revised 2003)
STATEMENT A - ASSETS AND LIABILITIES
FILE NUMBER: 008-037
ASSETS
ASSETS
Schedule
Number
Start of Reporting Period
(A)
End of Reporting Period
(B)
22. Cash
$123,828
$263,304
23. Accounts Receivable
1
$0
$0
24. Loans Receivable
2
$0
$0
25. U.S. Treasury Securities
$1,449,084
$2,056,948
26. Investments
5
$1,687,803
$1,355,684
27. Fixed Assets
6
$1,209,106
$1,179,152
28. Other Assets
7
$5,859
$0
29. TOTAL ASSETS
$4,475,680
$4,855,088
LIABILITIES
LIABILITIES
Schedule
Number
Start of Reporting Period
(A)
End of Reporting Period
(B)
30. Accounts Payable
8
$0
$0
31. Loans Payable
9
$0
$0
32. Mortgages Payable
$0
$0
33. Other Liabilities
10
$0
$0
34. TOTAL LIABILITIES
$0
$0
35. NET ASSETS
$4,475,680
$4,855,088
Form LM-2 (Revised 2003)
STATEMENT B - RECEIPTS AND DISBURSEMENTS
FILE NUMBER: 008-037
CASH RECEIPTS
SCH
AMOUNT
36. Dues and Agency Fees
$1,911,569
37. Per Capita Tax
$0
38. Fees, Fines, Assessments, Work Permits
$252,008
39. Sale of Supplies
$386
40. Interest
$144,564
41. Dividends
$0
42. Rents
$34,341
43. Sale of Investments and Fixed Assets
3
$0
44. Loans Obtained
9
$0
45. Repayments of Loans Made
2
$0
46. On Behalf of Affiliates for Transmittal to Them
$0
47. From Members for Disbursement on Their Behalf
$0
48. Other Receipts
14
$191,592
49. TOTAL RECEIPTS
$2,534,460
CASH DISBURSEMENTS
SCH
AMOUNT
50. Representational Activities
15
$537,667
51. Political Activities and Lobbying
16
$11,989
52. Contributions, Gifts, and Grants
17
$94,096
53. General Overhead
18
$376,500
54. Union Administration
19
$135,072
55. Benefits
20
$406,068
56. Per Capita Tax
$437,672
57. Strike Benefits
$0
58. Fees, Fines, Assessments, etc.
$0
59. Supplies for Resale
$0
60. Purchase of Investments and Fixed Assets
4
$316,982
61. Loans Made
2
$0
62. Repayment of Loans Obtained
9
$0
63. To Affiliates of Funds Collected on Their Behalf
$0
64. On Behalf of Individual Members
$0
65. Direct Taxes
$78,938
66. Subtotal
$2,394,984
67. Withholding Taxes and Payroll Deductions
67a. Total Withheld
$266,812
67b. Less Total Disbursed
$266,812
67c. Total Withheld But Not Disbursed
$0
68. TOTAL DISBURSEMENTS
$2,394,984
Form LM-2 (Revised 2003)
SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 2 - LOANS RECEIVABLE
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS
FILE NUMBER: 008-037
Description (if land or buildings give location)
(A)
Cost
(B)
Book Value
(C)
Gross Sales Price
(D)
Amount Received
(E)
Total of all lines
$1,917,129
$1,917,129
$1,917,129
$1,917,129
INVESTMENTS
$1,917,129
$1,917,129
$1,917,129
$1,917,129
14. Less Reinvestments
$1,917,129
(Net Sales total will automatically entered in Item 43)
15. Net Sales
$0
Form LM-2 (Revised 2003)
SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS
FILE NUMBER: 008-037
Description (if land or buildings, give location)
(A)
Cost
(B)
Book Value
(C)
Cash Paid
(D)
Total of all lines
$2,234,111
$2,234,111
$2,234,111
COMPUTER EQUIPMENT
$19,815
$19,815
$19,815
INVESTMENTS
$2,214,296
$2,214,296
$2,214,296
14. Less Reinvestments
$1,917,129
(Net Purchases total will automatically entered in Item 60)
15. Net Purchases
$316,982
Form LM-2 (Revised 2003)
SCHEDULE 5 - INVESTMENTS
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 6 - FIXED ASSETS
FILE NUMBER: 008-037
Description
(A)
Cost or Other Basis
(B)
Total Depreciation or
Amount Expensed
(C)
Book Value
(D)
Value
(E)
1. 500-506 N 6TH ST, PHILA, PA
$145,588
$145,588
$210,000
3. 500-506 N 6TH ST, PHILA, PA
$582,350
$87,353
$494,997
$560,000
5. Automobiles and Other Vehicles
$0
$0
$0
$0
6. Office Furniture and Equipment
$216,847
$145,771
$71,076
$48,000
7. Other Fixed Assets
$576,205
$108,714
$467,491
$440,000
8. Totals of Lines 1 through 7
(Column(D) Total will be automatically entered in Item 27, Column(B))
$1,520,990
$341,838
$1,179,152
$1,258,000
Form LM-2 (Revised 2003)
SCHEDULE 7 - OTHER ASSETS
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 8 - ACCOUNTS PAYABLE AGING SCHEDULE
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 9 - LOANS PAYABLE
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 10 - OTHER LIABILITIES
FILE NUMBER: 008-037
There was no data found for this schedule.
SCHEDULE 11 - ALL OFFICERS AND DISBURSEMENTS TO OFFICERS
FILE NUMBER: 008-037
(A)
Name
(B)
Title
(C)
Status
(D)
Gross Salary
Disbursements
(before any
deductions)
(E)
Allowances
Disbursed
(F)
Disbursements for Official Business
(G)
Other
Disbursements not reported in
(D) thru (F)
(H)
TOTAL
A
B
C
RICHARD MCCURDY, JR
BUSINESS MANAGER
C
$113,249
$0
$16,183
$0
$129,432
I
Schedule 15
Representational Activities
75 %
Schedule 16
Political Activities and Lobbying
1 %
Schedule 17
Contributions
%
Schedule 18
General Overhead
%
Schedule 19
Administration
24 %
A
B
C
MICHAEL CARFAGNO
SECRETARY-TREASURER
C
$78,809
$0
$14,320
$0
$93,129
I
Schedule 15
Representational Activities
80 %
Schedule 16
Political Activities and Lobbying
3 %
Schedule 17
Contributions
4 %
Schedule 18
General Overhead
4 %
Schedule 19
Administration
9 %
A
B
C
MICHAEL DANIELS
PRESIDENT
C
$78,670
$0
$10,630
$0
$89,300
I
Schedule 15
Representational Activities
85 %
Schedule 16
Political Activities and Lobbying
1 %
Schedule 17
Contributions
5 %
Schedule 18
General Overhead
3 %
Schedule 19
Administration
6 %
A
B
C
DAVID GARDNER
VICE PRESIDENT
C
$6,710
$0
$0
$0
$6,710
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
%
Schedule 19
Administration
100 %
A
B
C
FRANCIS FOLEY
RECORDING SECRETARY
C
$73,010
$0
$12,128
$0
$85,138
I
Schedule 15
Representational Activities
84 %
Schedule 16
Political Activities and Lobbying
2 %
Schedule 17
Contributions
3 %
Schedule 18
General Overhead
2 %
Schedule 19
Administration
9 %
A
B
C
ALBERT LADSON
BOARD MEMBER
C
$6,470
$0
$0
$0
$6,470
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
%
Schedule 19
Administration
100 %
A
B
C
RICHARD PEW
BOARD MEMBER
C
$6,470
$0
$0
$0
$6,470
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
%
Schedule 19
Administration
100 %
Total Officer Disbursements
$363,388
$0
$53,261
$0
$416,649
Less Deductions
$123,430
Net Disbursements
$293,219
Form LM-2 (Revised 2003)
SCHEDULE 12 - DISBURSEMENTS TO EMPLOYEES
FILE NUMBER: 008-037
(A)
Name
(B)
Title
(C)
Other Payer
(D)
Gross Salary
Disbursements
(before any
deductions)
(E)
Allowances Disbursed
(F)
Disbursements for Official Business
(G)
Other Disbursements not reported in
(D) thru (F)
(H)
TOTAL
A
B
C
HECTOR ARROYO
FIELD REPRESENTATIVE
NONE
$72,798
$0
$11,005
$0
$83,803
I
Schedule 15
Representational Activities
85 %
Schedule 16
Political Activities and Lobbying
3 %
Schedule 17
Contributions
4 %
Schedule 18
General Overhead
2 %
Schedule 19
Administration
6 %
A
B
C
JACQUELYN GRIFFIN
SECRETARY
NONE
$36,126
$0
$0
$0
$36,126
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
100 %
Schedule 19
Administration
%
A
B
C
WALTER HIGGINS
FIELD REPRESENTATIVE
NONE
$57,160
$0
$13,271
$0
$70,431
I
Schedule 15
Representational Activities
86 %
Schedule 16
Political Activities and Lobbying
2 %
Schedule 17
Contributions
3 %
Schedule 18
General Overhead
2 %
Schedule 19
Administration
7 %
A
B
C
STANLEY SANDERS
DIR OF ORGANIZING
NONE
$57,002
$0
$10,682
$0
$67,684
I
Schedule 15
Representational Activities
92 %
Schedule 16
Political Activities and Lobbying
1 %
Schedule 17
Contributions
%
Schedule 18
General Overhead
2 %
Schedule 19
Administration
5 %
A
B
C
WALLACE JEFFERS
MAINTENANCE
NONE
$48,322
$0
$0
$0
$48,322
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
100 %
Schedule 19
Administration
%
A
B
C
YVONNE SHIPMAN
SECRETARY
NONE
$46,215
$0
$0
$0
$46,215
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
100 %
Schedule 19
Administration
%
A
B
C
JOYCE TOLAND
ADMINISTRATIVE ASSISTANT
NONE
$70,452
$0
$0
$0
$70,452
I
Schedule 15
Representational Activities
1 %
Schedule 16
Political Activities and Lobbying
1 %
Schedule 17
Contributions
%
Schedule 18
General Overhead
98 %
Schedule 19
Administration
%
TOTALS RECEIVED BY EMPLOYEES MAKING LESS THAN $10000
$19,410
$0
$0
$0
$19,410
I
Schedule 15
Representational Activities
%
Schedule 16
Political Activities and Lobbying
%
Schedule 17
Contributions
%
Schedule 18
General Overhead
%
Schedule 19
Administration
100 %
Total Employee Disbursements
$407,485
$0
$34,958
$0
$442,443
Less Deductions
$143,382
Net Disbursements
$299,061
Form LM-2 (Revised 2003)
SCHEDULE 13 - MEMBERSHIP STATUS
FILE NUMBER: 008-037
Category of Membership
(A)
Number
(B)
Voting Eligibility
(C)
Members
2,542
Agency Fee Payers*
Total Members/Fee Payers
2,542
*Agency Fee Payers are not considered members of the labor organization.
ACTIVE MEMBERS
2,406
Yes
RETIRED MEMBERS
136
Yes
Form LM-2 (Revised 2003)
DETAILED SUMMARY PAGE - SCHEDULES 14 THROUGH 19
FILE NUMBER: 008-037
SCHEDULE 14 OTHER RECEIPTS
1. Named Payer Itemized Receipts
$179,600
2. Named Payer Non-itemized Receipts
$6,713
3. All Other Receipts
$5,279
4. Total Receipts
$191,592
SCHEDULE 17 CONTRIBUTIONS, GIFTS & GRANTS
1. Named Payee Itemized Disbursements
$41,887
2. Named Payee Non-itemized Disbursements
$0
3. To Officers
$10,744
4. To Employees
$5,465
5. All Other Disbursements
$36,000
6. Total Disbursements
$94,096
SCHEDULE 15 REPRESENTATIONAL ACTIVITIES
1. Named Payee Itemized Disbursements
$0
2. Named Payee Non-itemized Disbursements
$23,609
3. To Officers
$318,998
4. To Employees
$194,778
5. All Other Disbursements
$282
6. Total Disbursements
$537,667
SCHEDULE 18 GENERAL OVERHEAD
1. Named Payee Itemized Disbursements
$59,821
2. Named Payee Non-itemized Disbursements
$61,099
3. To Officers
$8,107
4. To Employees
$204,145
5. All Other Disbursements
$43,328
6. Total Disbursements
$376,500
SCHEDULE 16 POLITICAL ACTIVITIES AND LOBBYING
1. Named Payee Itemized Disbursements
$0
2. Named Payee Non-itemized Disbursements
$0
3. To Officers
$6,684
4. To Employees
$5,305
5. All Other Disbursements
6. Total Disbursement
$11,989
SCHEDULE 19 UNION ADMINISTRATION
1. Named Payee Itemized Disbursements
$0
2. Named Payee Non-itemized Disbursements
$0
3. To Officers
$72,116
4. To Employees
$32,752
5. All Other Disbursements
$30,204
6. Total Disbursements
$135,072
Form LM-2 (Revised 2003)
SCHEDULE 14 - OTHER RECEIPTS
FILE NUMBER: 008-037
Name and Address
(A)
ACME
250 PARK CENTER BLVD
BOISE
ID
83706
Type or Classification
(B)
REFUND
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$14,155
Total Non-Itemized Transactions
Total of All Transactions
$14,155
REFUND ON GIFT CARDS PURCHASED FOR MEMBERS
02/01/2005
$14,155
Name and Address
(A)
ULLICO CASUALTY COMPANY
8403 COLESVILLE ROAD
SILVER SPRING
MD
20910
Type or Classification
(B)
INSURANCE COMPANY
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$165,445
Total Non-Itemized Transactions
Total of All Transactions
$165,445
INSURANCE CLAIM-LEGAL REIMBURSEMENT
04/15/2005
$165,445
Name and Address
(A)
LABORERS' INDUSTRIAL PENSION PLAN
500-506 N 6TH STREET
PHILADELPHIA
PA
19123
Type or Classification
(B)
TENANT-UTILITY REIMBURSEMENT
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$0
Total Non-Itemized Transactions
$6,713
Total of All Transactions
$6,713
Form LM-2 (Revised 2003)
SCHEDULE 15 - REPRESENTATIONAL ACTIVITIES
FILE NUMBER: 008-037
Name and Address
(A)
KIRSCHNER & GARTRELL
1845 WALNUT ST-SUITE 2240
PHILADELPHIA
PA
19103
Type or Classification
(B)
LAW FIRM-LEGAL REPRESENTATION
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$0
Total Non-Itemized Transactions
$23,609
Total of All Transactions
$23,609
Form LM-2 (Revised 2003)
SCHEDULE 16 - POLITICAL ACTIVITIES AND LOBBYING
FILE NUMBER 008-037
There was no data found for this schedule.
SCHEDULE 17 - CONTRIBUTIONS, GIFTS & GRANTS
FILE NUMBER: 008-037
Name and Address
(A)
AURA GRAPHICS
3722 FEDERAL STREET
CAMDEN
NJ
08105-2697
Type or Classification
(B)
GIFTS
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$6,262
Total Non-Itemized Transactions
Total of All Transactions
$6,262
CALENDARS FOR MEMBERS
03/29/2005
$6,262
Name and Address
(A)
ACME
250 PARK CENTER BLVD
BOISE
ID
83706
Type or Classification
(B)
GIFTS
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$35,625
Total Non-Itemized Transactions
Total of All Transactions
$35,625
GIFT CARDS FOR MEMBERS
11/14/2005
$35,625
Form LM-2 (Revised 2003)
SCHEDULE 18 - GENERAL OVERHEAD
FILE NUMBER: 008-037
Name and Address
(A)
ISSI
2 EXECUTIVE CAMPUS-STE 400
CHERRY HILL
NJ
08002
Type or Classification
(B)
COMPUTER COMPANY
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$7,328
Total Non-Itemized Transactions
Total of All Transactions
$7,328
MAINTENANCE-HARDWARE/SOFTWARE
12/12/2005
$7,328
Name and Address
(A)
SHULMAN, KURTZ, TURER & TOPAZ, LLC
101 N LAKEVIEW DRIVE
GIBBSBORO
NJ
08026-1046
Type or Classification
(B)
CPA FIRM
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$7,500
Total Non-Itemized Transactions
Total of All Transactions
$7,500
AUDIT
03/10/2005
$7,500
Name and Address
(A)
ULLICO CASUALTY COMPANY
8403 COLESVILLE ROAD
SILVER SPRING
NJ
20910
Type or Classification
(B)
INSURANCE CO
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$16,925
Total Non-Itemized Transactions
Total of All Transactions
$16,925
LABOR LEADER
03/03/2005
$11,900
WORKERS COMPENSATION
02/15/2005
$5,025
Name and Address
(A)
ST PAUL TRAVELERS
ONE TOWER SQUARE
HARTFORD
CT
08183
Type or Classification
(B)
INSURANCE CO
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$28,068
Total Non-Itemized Transactions
Total of All Transactions
$28,068
UMBRELLA, LIABILITY & COMMERCIAL COVERAGE
09/14/2005
$11,429
UMBRELLA, LIABILITY & COMMERCIAL COVERAGE
08/05/2005
$9,034
UMBRELLA, LIABILITY & COMMERCIAL COVERAGE
09/14/2005
$7,605
Name and Address
(A)
COLUMBIA PARTNERS LLC
1775 PENNSYLVANIA AVE NW
WASHINGTON
DC
20006
Type or Classification
(B)
INVESTMENT ADVISORS
Purpose
(C)
Date
(D)
Amount
(E)
Total Itemized Transactions
$0
Total Non-Itemized Transactions
$11,402
Total of All Transactions
$11,402