See Carpenters Files
U.S. Department of Labor
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
032-922
2. PERIOD COVERED
From 7/1/2004
Through 6/30/2005
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
CARPENTERS IND
 
5. DESIGNATION (Local, Lodge, etc.)
DISTRICT COUNCIL
 		 6. DESIGNATION NBR

 
7. UNIT NAME (if any)
NEW YORK CITY & VICINITY #4112
 
8. MAILING ADDRESS (Type or print in capital letters)
First Name
MICHAEL
 		 Last Name
FORDE
 
P.O Box - Building and Room Number

 
Number and Street
395 HUDSON STREET
City
NEW YORK
State
NY		 ZIP Code + 4
10014


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: Peter Thomassen PRESIDENT 27. SIGNED: Michael J Forde TREASURER
Date: Sep 30, 2005 Contact Info:   Date: Sep 30, 2005 Contact Info:  
Form LM-2 (Revised 2003)

 
ITEMS 10 THROUGH 21 FILE NUMBER: 032-922
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? Yes
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? No
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? No
19. What is the date of the labor organization's next regular election of officers? 12/2005
20. How many members did the labor organization have at the end of the reporting period? 22,107
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 1% of comp. per N/A N/A N/A
(b) Working Dues/Fees   per      
(c) Initiation Fees 300 per      
(d) Transfer Fees None per      
(e) Work Permits None per      

 
Form LM-2 (Revised 2003)

 
STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 032-922

 
ASSETS
 
ASSETS Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
22. Cash   $2,235,868 $3,109,899
23. Accounts Receivable 1 $4,174,436 $4,545,296
24. Loans Receivable 2 $0 $0
25. U.S. Treasury Securities   $7,527,316 $7,594,268
26. Investments 5 $7,256,759 $6,098,123
27. Fixed Assets 6 $718,357 $683,424
28. Other Assets 7 $975,021 $1,107,508
29. TOTAL ASSETS   $22,887,757 $23,138,518

 
LIABILITIES
 
LIABILITIES Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
30. Accounts Payable 8 $787,577 $3,206,045
31. Loans Payable 9 $0 $0
32. Mortgages Payable   $0 $0
33. Other Liabilities 10 $647,490 $747,708
34. TOTAL LIABILITIES   $1,435,067 $3,953,753
   
35. NET ASSETS $21,452,690 $19,184,765
Form LM-2 (Revised 2003)

 
STATEMENT B - RECEIPTS AND DISBURSEMENTS FILE NUMBER: 032-922

 
CASH RECEIPTS SCH AMOUNT
36. Dues and Agency Fees   $15,956,790
37. Per Capita Tax   $2,895,765
38. Fees, Fines, Assessments, Work Permits   $793,287
39. Sale of Supplies   $0
40. Interest   $378,398
41. Dividends   $0
42. Rents   $79,900
43. Sale of Investments and Fixed Assets 3 $18,485,165
44. Loans Obtained 9 $0
45. Repayments of Loans Made 2 $0
46. On Behalf of Affiliates for Transmittal to Them   $292,594
47. From Members for Disbursement on Their Behalf   $0
48. Other Receipts 14 $809,431
49. TOTAL RECEIPTS   $39,691,330
CASH DISBURSEMENTS SCH AMOUNT
50. Representational Activities 15 $8,899,806
51. Political Activities and Lobbying 16 $357,952
52. Contributions, Gifts, and Grants 17 $310,750
53. General Overhead 18 $3,471,464
54. Union Administration 19 $2,900,240
55. Benefits 20 $4,575,034
56. Per Capita Tax   $0
57. Strike Benefits   $0
58. Fees, Fines, Assessments, etc.   $286
59. Supplies for Resale   $0
60. Purchase of Investments and Fixed Assets 4 $17,599,878
61. Loans Made 2 $0
62. Repayment of Loans Obtained 9 $0
63. To Affiliates of Funds Collected on Their Behalf   $291,626
64. On Behalf of Individual Members   $0
65. Direct Taxes   $564,243
  
66. Subtotal   $38,971,279
67. Withholding Taxes and Payroll Deductions    
  67a. Total Withheld $4,165,449    
  67b. Less Total Disbursed $4,011,469    
  67c. Total Withheld But Not Disbursed   $153,980
68. TOTAL DISBURSEMENTS   $38,817,299
Form LM-2 (Revised 2003)

 
SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE FILE NUMBER: 032-922

 
Entity or Individual Name
(A) 		Total Account Receivable
(B) 		90-180 Days
Past Due
(C) 		180+ Days
Past Due
(D) 		Liquidated Account
Receivable
(E)
Totals from all other accounts receivable $4,545,296     $0
TOTALS (Column (B) Total will be automatically entered in Item 23, Column (B)) $4,545,296 $0 $0 $0
Form LM-2 (Revised 2003)

 
SCHEDULE 2 - LOANS RECEIVABLE FILE NUMBER: 032-922

 
There was no data found for this schedule.

 
SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 032-922

 
Description (if land or buildings give location)
(A) 		Cost
(B) 		Book Value
(C) 		Gross Sales Price
(D) 		Amount Received
(E)
Total of all lines $18,585,547 $18,585,547 $18,485,165 $18,485,165
U.S. Government Securities $8,511,768 $8,511,768 $8,408,048 $8,408,048
Corporate Bonds $938,660 $938,660 $941,998 $941,998
Foreign Bonds $80,000 $80,000 $80,000 $80,000
Shrot-term Investments $7,757,391 $7,757,391 $7,757,391 $7,757,391
Amalgamated Bank Certificates $1,297,728 $1,297,728 $1,297,728 $1,297,728
  14. Less Reinvestments $0
(Net Sales total will automatically entered in Item 43) 15. Net Sales $18,485,165
Form LM-2 (Revised 2003)

 
SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 032-922

 
Description (if land or buildings, give location)
(A) 		Cost
(B) 		Book Value
(C) 		Cash Paid
(D)
Total of all lines $17,599,878 $17,599,878 $17,599,878
U.S. Government Securities $8,235,591 $8,235,591 $8,235,591
Corporate Bonds $1,104,966 $1,104,966 $1,104,966
Short-term Investments $8,161,215 $8,161,215 $8,161,215
Computers and Equipment $98,106 $98,106 $98,106
  14. Less Reinvestments $0
(Net Purchases total will automatically entered in Item 60) 15. Net Purchases $17,599,878
Form LM-2 (Revised 2003)

 
SCHEDULE 5 - INVESTMENTS FILE NUMBER: 032-922

 
Description
(A) 		Amount
(B)
Marketable Securities  
1. Total Cost $3,158,331
2. Total Book Value $3,058,361
3. List each marketable security which has a book value over $5000 and exceeds 5% of Line 2.   
  • Dreyfus Treasury Cash Management
$716,258
  • American Express Co. 5.50% 9/12/06
$203,098
  • Bear Stearns Co. 3.00% 3/30/06
$198,720
  • General Electric Capital Corp. 2.75% 9/25/06
$197,106
  • Lehman Bros. Holdings 6.625% 2/5/06
$203,048
  • Morgan Stanley Dean Witter 6.10% 4/15/06
$203,298
  • National Rural Utilities 6.00% 5/15/06
$203,594
  • Target 5.95% 5/15/06
$203,138
  • Wells Fargo & Co. 6.875% 4/1/06
$204,068
  • Genworth Financial Inc. - variable rate 6/15/07
$225,403
Other Investments  
4. Total Cost $3,039,762
5. Total Book Value $3,039,762
6. List each other investment which has a book value over $5000, of Line 5.  Also list each Trust which is an investment.   
  • Amalgamated Bank Certificates
$2,929,762
7. Total of Lines 2 and 5 (Total will be automatically entered in Item 26, Column(B)) $6,098,123
Form LM-2 (Revised 2003)

 
SCHEDULE 6 - FIXED ASSETS FILE NUMBER: 032-922

 
Description
(A) 		Cost or Other Basis
(B) 		Total Depreciation or
Amount Expensed
(C) 		Book Value
(D) 		Value
(E)
1. 214-38 Hillside Ave., Queens Village, NY $0   $0 $0
1. 157 East 25 Street, New York, NY $20,000   $20,000 $0
1. 89-07 Atlantic Ave., Woodhaven, NY $85,000   $85,000 $0
3. 214-38 Hillside Ave., Queens Village, NY $62,252 $45,425 $16,827 $0
3. 157 East 25 Street, New York, NY $60,110 $54,826 $5,284 $0
3. 89-07 Atlantic Ave., Woodhaven, NY $340,000 $159,208 $180,792 $0
5. Automobiles and Other Vehicles $0 $0 $0 $0
6. Office Furniture and Equipment $583,092 $393,504 $189,588 $0
7. Other Fixed Assets $654,670 $468,737 $185,933 $0
8. Totals of Lines 1 through 7 (Column(D) Total will be automatically entered in Item 27, Column(B)) $1,805,124 $1,121,700 $683,424 $0
Form LM-2 (Revised 2003)

 
SCHEDULE 7 - OTHER ASSETS FILE NUMBER: 032-922

 
Description
(A) 		Book Value
(B)
Total Other Assets (Total will be automatically entered in Item 28, Column(B)) $1,107,508
Prepaid real estate taxes $23,366
Unexpired insurance $480,143
Accrued interest income $89,001
Fines receivable, net of $1,645,571 allowance $343,429
Expense reimbursements receivable $171,569
Form LM-2 (Revised 2003)

 
SCHEDULE 8 - ACCOUNTS PAYABLE AGING SCHEDULE FILE NUMBER: 032-922

 
Entity or Individual Name
(A) 		Total Account
Payable
(B) 		90-180 Days
Past Due
(C) 		180+ Days Past
Due
(D)
 		 Liquidated Account
(E)
Total from all other accounts payable $3,206,045 $0 $0 $0
Total Accounts Payable (Column(B) Total will be automatically entered in Item 30, Column(D)) $3,206,045 $0 $0 $0
Form LM-2 (Revised 2003)

 
SCHEDULE 9 - LOANS PAYABLE FILE NUMBER: 032-922

 
There was no data found for this schedule.

 
SCHEDULE 10 - OTHER LIABILITIES FILE NUMBER: 032-922

 
Description
(A) 		Amount at End of Period
(B)
Total Other Liabilities (Total will be automatically entered in Item 33, Column(D)) $747,708
Accrued vacation and sick pay $662,272
Work assessments payable $72,970
Payroll withholdings $11,666
Tenant's security deposit $800
Form LM-2 (Revised 2003)

 
SCHEDULE 11 - ALL OFFICERS AND DISBURSEMENTS TO OFFICERS FILE NUMBER: 032-922

 
  (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 		Michael     Forde
Executive Sec. Treasurer
C		 $224,970 $0 $25,967 $0 $250,937
I
Schedule 15
Representational Activities 		90 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		2 % Schedule 18
General Overhead 		% Schedule 19
Administration 		3 %
A
B
C 		Peter     Thomassen
President
C		 $215,971 $0 $22,163 $0 $238,134
I
Schedule 15
Representational Activities 		80 % Schedule 16
Political Activities and Lobbying 		2 % Schedule 17
Contributions 		3 % Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Denis     Sheil
Vice President
C		 $202,473 $0 $22,117 $0 $224,590
I
Schedule 15
Representational Activities 		80 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		5 % Schedule 18
General Overhead 		% Schedule 19
Administration 		10 %
Total Officer Disbursements $643,414 $0 $70,247 $0 $713,661
Less Deductions         $322,110
Net Disbursements         $391,551
Form LM-2 (Revised 2003)

 
SCHEDULE 12 - DISBURSEMENTS TO EMPLOYEES FILE NUMBER: 032-922

 
  (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 		Anthony     Agridiano
Organizer
None		 $107,251 $0 $24,524 $0 $131,775
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Matthew     Angelletta
Business Rep.
None		 $97,404 $0 $11,575 $0 $108,979
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		10 %
A
B
C 		Salvatore     Antonucci
Business Rep.
None		 $125,884 $0 $18,177 $0 $144,061
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		10 %
A
B
C 		Samuel     Bailey
Organizer
None		 $119,189 $0 $16,779 $0 $135,968
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		10 %
A
B
C 		Scott     Belford
Organizer
None		 $92,696 $0 $3,742 $0 $96,438
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Nicole M.     Berscak
Admin
None		 $36,438 $0 $0 $0 $36,438
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		Bodhwattie     Bodha
Admin
None		 $65,424 $0 $0 $0 $65,424
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		James     Brennan
Business Rep.
None		 $122,127 $0 $9,749 $0 $131,876
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		10 %
A
B
C 		Joseph     Calciano
Business Rep.
None		 $131,026 $0 $9,816 $0 $140,842
I
Schedule 15
Representational Activities 		75 % Schedule 16
Political Activities and Lobbying 		3 % Schedule 17
Contributions 		2 % Schedule 18
General Overhead 		5 % Schedule 19
Administration 		15 %
A
B
C 		Anthony     Calderon
Admin
None		 $49,055 $0 $0 $0 $49,055
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		John     Cavelli
Organizer
None		 $115,929 $0 $16,207 $0 $132,136
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Maureen     Clarke
Admin
None		 $55,795 $0 $0 $0 $55,795
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		Walter     Clayton
Organizer
None		 $110,117 $0 $18,604 $0 $128,721
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Lawrence     D'Errico
Business Rep.
None		 $125,885 $0 $18,958 $0 $144,843
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		John     Daly
Organizer
None		 $111,754 $0 $18,680 $0 $130,434
I
Schedule 15
Representational Activities 		90 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		1 % Schedule 18
General Overhead 		1 % Schedule 19
Administration 		8 %
A
B
C 		Scott     Danielson
Business Rep.
None		 $134,981 $0 $14,133 $0 $149,114
I
Schedule 15
Representational Activities 		80 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		20 %
A
B
C 		Milagros     Deleon
Admin
None		 $75,739 $0 $0 $0 $75,739
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		Daniel     Demorato
Business Rep.
None		 $125,885 $0 $13,833 $0 $139,718
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		Martin     Devereaux
Business Rep.
None		 $131,904 $0 $11,041 $0 $142,945
I
Schedule 15
Representational Activities 		70 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		5 % Schedule 18
General Overhead 		5 % Schedule 19
Administration 		20 %
A
B
C 		Brenda     Dickinson
Admin
None		 $54,575 $0 $126 $0 $54,701
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Joseph     Dinapoli
Organizer
None		 $120,733 $0 $10,073 $0 $130,806
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		George     Dilacio
Business Rep.
None		 $49,470 $0 $3,630 $0 $53,100
I
Schedule 15
Representational Activities 		100 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
A
B
C 		Audra     Donohue
Admin
None		 $76,670 $0 $1,792 $0 $78,462
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 		Michael     Donohue
Business Rep.
None		 $11,743 $0 $941 $0 $12,684
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		15 %
A
B
C 		Daniel     Dunbar
Business Rep.
None		 $128,233 $0 $14,034 $0 $142,267
I
Schedule 15
Representational Activities 		95 % Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		5 %
A
B
C 		John     Early
Business Mgr
None		 $140,173 $0 $15,054 $0 $155,227
I
Schedule 15
Representational Activities 		85 % Schedule 16
Political Activities and Lobbying 		5 % Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration