Return 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 manadatory 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 541-770 2. PERIOD COVERED From 1/1/2006 Through 12/31/2006 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 COMMUTER RAIL EMPLOYEES, IND 5. DESIGNATION (Local, Lodge, etc.) NATIONAL HEADQUARTERS 6. DESIGNATION NBR 7. UNIT NAME (if any) 8. MAILING ADDRESS (Type or print in capital letters) First Name MARK Last Name AMORELLO P.O Box - Building and Room Number SUITE 215 Number and Street 420 LEXINGTON AVE City NEW YORK State NY ZIP Code + 4 10017 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: Anthony J Bottalico PRESIDENT 27. SIGNED: Mark L Amorello TREASURER Date: Mar 28, 2007 Contact Info: Date: Mar 28, 2007 Contact Info: Form LM-2 (Revised 2003) ITEMS 10 THROUGH 21 FILE NUMBER: 541-770 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? No 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? $100,000 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? 12/08 20. How many members did the labor organization have at the end of the reporting period? 1,519 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 20.00 per month (b) Working Dues/Fees 0 per (c) Initiation Fees 0 per (d) Transfer Fees 0 per (e) Work Permits 0 per Form LM-2 (Revised 2003) STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 541-770 ASSETS ASSETS Schedule Number Start of Reporting Period (A) End of Reporting Period (B) 22. Cash $16,890 $26,671 23. Accounts Receivable 1 $0 $12,482 24. Loans Receivable 2 $0 $0 25. U.S. Treasury Securities $0 $0 26. Investments 5 $0 $0 27. Fixed Assets 6 $0 $27,641 28. Other Assets 7 $59,140 $59,140 29. TOTAL ASSETS $76,030 $125,934 LIABILITIES LIABILITIES Schedule Number Start of Reporting Period (A) End of Reporting Period (B) 30. Accounts Payable 8 $18,308 $26,128 31. Loans Payable 9 $0 $0 32. Mortgages Payable $0 $0 33. Other Liabilities 10 $23,070 $25,888 34. TOTAL LIABILITIES $41,378 $52,016 35. NET ASSETS $34,652 $73,918 Form LM-2 (Revised 2003) STATEMENT B - RECEIPTS AND DISBURSEMENTS FILE NUMBER: 541-770 CASH RECEIPTS SCH AMOUNT 36. Dues and Agency Fees $364,592 37. Per Capita Tax $0 38. Fees, Fines, Assessments, Work Permits $0 39. Sale of Supplies $0 40. Interest $0 41. Dividends $0 42. Rents $0 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 $0 49. TOTAL RECEIPTS $364,592 CASH DISBURSEMENTS SCH AMOUNT 50. Representational Activities 15 $26,897 51. Political Activities and Lobbying 16 $4,509 52. Contributions, Gifts, and Grants 17 $0 53. General Overhead 18 $292,497 54. Union Administration 19 $6,586 55. Benefits 20 $0 56. Per Capita Tax $0 57. Strike Benefits $0 58. Fees, Fines, Assessments, etc. $0 59. Supplies for Resale $0 60. Purchase of Investments and Fixed Assets 4 $0 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 $24,322 66. Subtotal $354,811 67. Withholding Taxes and Payroll Deductions 67a. Total Withheld $0 67b. Less Total Disbursed $0 67c. Total Withheld But Not Disbursed $0 68. TOTAL DISBURSEMENTS $354,811 Form LM-2 (Revised 2003) SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE FILE NUMBER: 541-770 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 $0 TOTALS (Column (B) Total will be automatically entered in Item 23, Column (B)) $12,482 $0 $0 $0 LOCAL 9 $7,482 $0 $0 $0 LOCAL 166 $5,000 $0 $0 $0 Form LM-2 (Revised 2003) SCHEDULE 2 - LOANS RECEIVABLE FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 5 - INVESTMENTS FILE NUMBER: 541-770 Description (A) Amount (B) Marketable Securities 1. Total Cost $0 2. Total Book Value $0 3. List each marketable security which has a book value over $5000 and exceeds 5% of Line 2. . $0 Other Investments 4. Total Cost $0 5. Total Book Value $0 6. List each other investment which has a book value over $5000, of Line 5. Also list each Trust which is an investment. . $0 7. Total of Lines 2 and 5 (Total will be automatically entered in Item 26, Column(B)) $0 Form LM-2 (Revised 2003) SCHEDULE 6 - FIXED ASSETS FILE NUMBER: 541-770 Description (A) Cost or Other Basis (B) Total Depreciation or Amount Expensed (C) Book Value (D) Value (E) 1. Land (give location) $0 $0 $0 3. Buildings (give location) $0 $0 $0 $0 5. Automobiles and Other Vehicles $0 $0 $0 $0 6. Office Furniture and Equipment $61,933 $34,292 $27,641 $27,641 7. Other Fixed Assets $0 $0 $0 $0 8. Totals of Lines 1 through 7 (Column(D) Total will be automatically entered in Item 27, Column(B)) $61,933 $34,292 $27,641 $27,641 Form LM-2 (Revised 2003) SCHEDULE 7 - OTHER ASSETS FILE NUMBER: 541-770 Description (A) Book Value (B) Total Other Assets (Total will be automatically entered in Item 28, Column(B)) $59,140 SECURITY DEPOSIT $59,140 Form LM-2 (Revised 2003) SCHEDULE 8 - ACCOUNTS PAYABLE AGING SCHEDULE FILE NUMBER: 541-770 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 $0 $0 $0 $0 Total Accounts Payable (Column(B) Total will be automatically entered in Item 30, Column(D)) $26,128 $0 $0 $0 SL GREEN $7,883 $0 $0 $0 MTA $12,740 $0 $0 $0 NEXTEL $1,159 $0 $0 $0 CHASE $2,090 $0 $0 $0 FEDEX $10 $0 $0 $0 TIME WARNER $73 $0 $0 $0 ONE COMMUNICATIONS $390 $0 $0 $0 WB MASON $292 $0 $0 $0 KEY EQUIPMENT $1,491 $0 $0 $0 Form LM-2 (Revised 2003) SCHEDULE 9 - LOANS PAYABLE FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 10 - OTHER LIABILITIES FILE NUMBER: 541-770 Description (A) Amount at End of Period (B) Total Other Liabilities (Total will be automatically entered in Item 33, Column(D)) $25,888 PAYROLL LIABILITIES $2,818 DUE TO LOCAL 1 $23,070 Form LM-2 (Revised 2003) SCHEDULE 11 - ALL OFFICERS AND DISBURSEMENTS TO OFFICERS FILE NUMBER: 541-770 (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 JOHN GAINS LEG REP C $32,001 $0 $22,030 $0 $54,031 I Schedule 15 Representational Activities 10 % Schedule 16 Political Activities and Lobbying % Schedule 17 Contributions % Schedule 18 General Overhead 85 % Schedule 19 Administration 5 % A B C MARK AMORELLO SEC/TRES C $26,474 $0 $18,620 $0 $45,094 I Schedule 15 Representational Activities 42 % Schedule 16 Political Activities and Lobbying 10 % Schedule 17 Contributions % Schedule 18 General Overhead 43 % Schedule 19 Administration 5 % Total Officer Disbursements $58,475 $0 $40,650 $0 $99,125 Less Deductions Net Disbursements $99,125 Form LM-2 (Revised 2003) SCHEDULE 12 - DISBURSEMENTS TO EMPLOYEES FILE NUMBER: 541-770 (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 MICHAEL SHAW other C $3,491 $0 $326 $0 $3,817 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 PAUL HOLLAND OTHER C $3,491 $0 $0 $0 $3,491 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 KENNY CURRY OTHER C $0 $0 $2,555 $0 $2,555 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 VICKI FLANAGAN OTHER C $0 $0 $1,297 $0 $1,297 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 RAYMOND RIVERA OTHER C $0 $0 $332 $0 $332 I Schedule 15 Representational Activities % Schedule 16 Political Activities and Lobbying % Schedule 17 Contributions % Schedule 18 General Overhead % Schedule 19 Administration 100 % TOTALS RECEIVED BY EMPLOYEES MAKING LESS THAN $10000 $0 $0 $0 $0 $0 I Schedule 15 Representational Activities % Schedule 16 Political Activities and Lobbying % Schedule 17 Contributions % Schedule 18 General Overhead % Schedule 19 Administration % Total Employee Disbursements $6,982 $0 $4,510 $0 $11,492 Less Deductions Net Disbursements $11,492 Form LM-2 (Revised 2003) SCHEDULE 13 - MEMBERSHIP STATUS FILE NUMBER: 541-770 Category of Membership (A) Number (B) Voting Eligibility (C) Members 1,519 Agency Fee Payers* 0 Total Members/Fee Payers 1,519 *Agency Fee Payers are not considered members of the labor organization. ACTIVE 1,519 Yes Form LM-2 (Revised 2003) DETAILED SUMMARY PAGE - SCHEDULES 14 THROUGH 19 FILE NUMBER: 541-770 SCHEDULE 14 OTHER RECEIPTS 1. Named Payer Itemized Receipts $0 2. Named Payer Non-itemized Receipts $0 3. All Other Receipts 4. Total Receipts $0 SCHEDULE 17 CONTRIBUTIONS, GIFTS & GRANTS 1. Named Payee Itemized Disbursements $0 2. Named Payee Non-itemized Disbursements $0 3. To Officers $0 4. To Employees $0 5. All Other Disbursements 6. Total Disbursements $0 SCHEDULE 15 REPRESENTATIONAL ACTIVITIES 1. Named Payee Itemized Disbursements $0 2. Named Payee Non-itemized Disbursements $0 3. To Officers $24,342 4. To Employees $2,555 5. All Other Disbursements 6. Total Disbursements $26,897 SCHEDULE 18 GENERAL OVERHEAD 1. Named Payee Itemized Disbursements $170,471 2. Named Payee Non-itemized Disbursements $0 3. To Officers $65,316 4. To Employees $7,308 5. All Other Disbursements $49,402 6. Total Disbursements $292,497 SCHEDULE 16 POLITICAL ACTIVITIES AND LOBBYING 1. Named Payee Itemized Disbursements $0 2. Named Payee Non-itemized Disbursements $0 3. To Officers $4,509 4. To Employees $0 5. All Other Disbursements 6. Total Disbursement $4,509 SCHEDULE 19 UNION ADMINISTRATION 1. Named Payee Itemized Disbursements $0 2. Named Payee Non-itemized Disbursements $0 3. To Officers $4,957 4. To Employees $1,629 5. All Other Disbursements 6. Total Disbursements $6,586 Form LM-2 (Revised 2003) SCHEDULE 14 - OTHER RECEIPTS FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 15 - REPRESENTATIONAL ACTIVITIES FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 16 - POLITICAL ACTIVITIES AND LOBBYING FILE NUMBER 541-770 There was no data found for this schedule. SCHEDULE 17 - CONTRIBUTIONS, GIFTS & GRANTS FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 18 - GENERAL OVERHEAD FILE NUMBER: 541-770 Name and Address (A) SL GREEN MANAGEMENT Type or Classification (B) RENT Purpose (C) Date (D) Amount (E) Total Itemized Transactions $108,495 Total Non-Itemized Transactions Total of All Transactions $108,495 RENT 12/31/2006 $108,495 Name and Address (A) KEY EQUIPMENT Type or Classification (B) EQUIPMENT LEASE Purpose (C) Date (D) Amount (E) Total Itemized Transactions $18,789 Total Non-Itemized Transactions Total of All Transactions $18,789 EQUIPMENT LEASE 12/31/2006 $18,789 Name and Address (A) NEXTEL Type or Classification (B) NEXTEL Purpose (C) Date (D) Amount (E) Total Itemized Transactions $14,087 Total Non-Itemized Transactions Total of All Transactions $14,087 COMMUNICATIONS 12/31/2006 $14,087 Name and Address (A) CARMINE DISANTO Type or Classification (B) ACCOUNTING Purpose (C) Date (D) Amount (E) Total Itemized Transactions $9,766 Total Non-Itemized Transactions Total of All Transactions $9,766 ACCOUNTING 12/31/2006 $9,766 Name and Address (A) QWEST Type or Classification (B) TELEPHONE Purpose (C) Date (D) Amount (E) Total Itemized Transactions $9,874 Total Non-Itemized Transactions Total of All Transactions $9,874 TELEPHONE 12/31/2006 $9,874 Name and Address (A) WB MASON Type or Classification (B) SUPPLIES Purpose (C) Date (D) Amount (E) Total Itemized Transactions $9,460 Total Non-Itemized Transactions Total of All Transactions $9,460 SUPPLIES 12/31/2006 $9,460 Form LM-2 (Revised 2003) SCHEDULE 19 - UNION ADMINISTRATION FILE NUMBER: 541-770 There was no data found for this schedule. SCHEDULE 20 - BENEFITS FILE NUMBER: 541-770 There was no data found for this schedule. 69. ADDITIONAL INFORMATION SUMMARY FILE NUMBER: 541-770 Question 12: Carmine M. DiSanto CPA 510 North Ave New Rochelle NY Address of Record: 510 North Ave New Rochelle NY Schedule 13 : ACTIVE MEMBERS PAY FULL DUES TO THE INTERNATIONAL Form LM-2 (Revised 2003)