U.S. Department of Labor
Office of Labor-Management Standards
Washington, DC 20210 		FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT Form Approved
Office of Management and Budget
No. 1245-0003
Expires: 09-30-2021
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
000-155
2. PERIOD COVERED
From01/01/2018
Through12/31/2018
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
NOVELTY AND PRODUCTION WKRS AFL-CIO
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
SPANO
P.O Box - Building and Room Number

Number and Street
245 Fencl Lane
City
Hillside
State
IL		 ZIP Code + 4
60162


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.)
70. SIGNED:Mark SpanoPRESIDENT71. SIGNED:BENNY CASTROTREASURER
Date:Mar 26, 2019Telephone Number:312-738-0822Date:Mar 26, 2019Telephone Number:312-738-0822
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
ITEMS 10 THROUGH 21 FILE NUMBER: 000-155
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(a). During the reporting period did the labor organization have a political action committee (PAC) fund?No
11(b). During the reporting period did the labor organization have a subsidiary organization as defined in Section X of these Instructions?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?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?04/2021
20. How many members did the labor organization have at the end of the reporting period?16,019
21. What are the labor organization's rates of dues and fees?
Rates of Dues and Fees
Dues/FeesAmount UnitMinimumMaximum
(a) Regular Dues/Fees4.75/MBRperMonthN/AN/A
(b) Working Dues/FeesN/AperN/AN/AN/A
(c) Initiation FeesN/AperN/AN/AN/A
(d) Transfer FeesN/AperN/AN/AN/A
(e) Work PermitsN/AperN/AN/AN/A

Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 000-155

ASSETS
ASSETS Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
22. Cash $446,523$1,086,974
23. Accounts Receivable1$49,008$80,926
24. Loans Receivable2$0$0
25. U.S. Treasury Securities $376,523$247,773
26. Investments5$5,374,069$5,390,997
27. Fixed Assets6$0$0
28. Other Assets7$44,528$28,542
29. TOTAL ASSETS $6,290,651$6,835,212

LIABILITIES
LIABILITIES Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
30. Accounts Payable8$64,425$58,652
31. Loans Payable9
32. Mortgages Payable $0$0
33. Other Liabilities10$4,958,550$4,814,793
34. TOTAL LIABILITIES $5,022,975$4,873,445
35. NET ASSETS$1,267,676$1,961,767
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
STATEMENT B - RECEIPTS AND DISBURSEMENTS FILE NUMBER: 000-155

CASH RECEIPTSSCHAMOUNT
36. Dues and Agency Fees $0
37. Per Capita Tax $921,766
38. Fees, Fines, Assessments, Work Permits $0
39. Sale of Supplies $0
40. Interest $87,476
41. Dividends $47,574
42. Rents $0
43. Sale of Investments and Fixed Assets3$3,140,094
44. Loans Obtained9
45. Repayments of Loans Made2$0
46. On Behalf of Affiliates for Transmittal to Them $0
47. From Members for Disbursement on Their Behalf $0
48. Other Receipts14$2,705
49. TOTAL RECEIPTS $4,199,615
CASH DISBURSEMENTSSCHAMOUNT
50. Representational Activities15$75,062
51. Political Activities and Lobbying16$0
52. Contributions, Gifts, and Grants17$4,000
53. General Overhead18$164,644
54. Union Administration19$149,060
55. Benefits20$239,402
56. Per Capita Tax $81,992
57. Strike Benefits $0
58. Fees, Fines, Assessments, etc. $0
59. Supplies for Resale $0
60. Purchase of Investments and Fixed Assets4$2,756,751
61. Loans Made2$0
62. Repayment of Loans Obtained9
63. To Affiliates of Funds Collected on Their Behalf $0
64. On Behalf of Individual Members $0
65. Direct Taxes $88,253
  
66. Subtotal $3,559,164
67. Withholding Taxes and Payroll Deductions  
  67a. Total Withheld$28,183  
  67b. Less Total Disbursed$28,183  
  67c. Total Withheld But Not Disbursed 
68. TOTAL DISBURSEMENTS $3,559,164
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE FILE NUMBER: 000-155

Entity or Individual Name
(A) 		Total Account Receivable
(B) 		90-180 Days
Past Due
(C) 		180+ Days
Past Due
(D) 		Liquidated Account
Receivable
(E)
Total of all itemized accounts receivable$0$0$0$0
Totals from all other accounts receivable$80,926$0$0$0
Totals (Total of Column (B) will be automatically entered in Item 23, Column(B)) $80,926$0$0$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 2 - LOANS RECEIVABLE FILE NUMBER: 000-155

List below loans to officers, employees, or members which at any time during the reporting period exceeded $250 and list all loans to business enterprises regardless of amount.
(A) 		Loans
Outstanding at
Start of Period
(B) 		Loans Made
During Period
(C)
Repayments Received During Period
Cash
(D)(1) 		Other Than Cash
(D)(2)
Loans
Outstanding at
End of Period
(E)
Total of loans not listed above$0$0$0$0$0
Total of all lines above$0$0$0$0$0
Totals will be automatically entered in... Item 24
Column (A) 		Item 61Item 45 Item 69
with Explanation 		Item 24
Column (B)
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 000-155

Description (if land or buildings, give location)
(A) 		Cost
(B) 		Book Value
(C) 		Gross Sales Price
(D) 		Amount Received
(E)
Total of all lines above$2,861,662$2,861,662$3,140,094$3,140,094
Marketable Securities - Corporate Bonds$680,236$680,236$654,741$654,741
Marketable Securities - U.S. Treasury Sec.$184,561$184,561$176,786$176,786
Marketable Securities - U.S. Government$186,872$186,872$178,523$178,523
Marketable Securities - Common Stock$1,809,993$1,809,993$2,130,044$2,130,044
Less Reinvestments$0
(The total from Net Sales Line will be automatically entered in Item 43)Net Sales$3,140,094
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 000-155

Description (if land or buildings, give location)
(A) 		Cost
(B) 		Book Value
(C) 		Cash Paid
(D)
Total of all lines above$2,756,751$2,756,751$2,756,751
Marketable Securities - Corporate Bonds$598,642$598,642$598,642
Marketable Securities - U.S. Treasury Sec.$62,721$62,721$62,721
Marketable Securities - U.S. Government$165,448$165,448$165,448
Marketable Securities - Common Stock$1,929,940$1,929,940$1,929,940
 Less Reinvestments$0
(The total from Net Purchases Line will be automatically entered in Item 60.)Net Purchases$2,756,751
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 5 - INVESTMENTS FILE NUMBER: 000-155

Description
(A) 		Amount
(B)
Marketable Securities 
A. Total Cost$5,390,997
B. Total Book Value$5,390,997
C. List each marketable security which has a book value over $5,000 and exceeds 5% of Line B.  
Other Investments 
D. Total Cost
E. Total Book Value
F. List each other investment which has a book value over $5,000 and exceeds 5% of Line E.  Also, list each subsidiary for which separate reports are attached.  
G. Total of Lines B and E (Total will be automatically entered in Item 26, Column(B)) $5,390,997
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 6 - FIXED ASSETS FILE NUMBER: 000-155

Description
(A) 		Cost or Other Basis
(B) 		Total Depreciation or
Amount Expensed
(C) 		Book Value
(D) 		Value
(E)
A. Land (give location)$0 $0$0
B. Buildings (give location)$0$0$0$0
C. Automobiles and Other Vehicles$0$0$0$0
D. Office Furniture and Equipment$0$0$0$0
E. Other Fixed Assets$0$0$0$0
F. Totals of Lines A through E (Column(D) Total will be automatically entered in Item 27, Column(B)) $0$0$0$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 7 - OTHER ASSETS FILE NUMBER: 000-155

Description
(A) 		Book Value
(B)
Total (Total will be automatically entered in Item 28, Column(B)) $28,542
Prepaid Expenses$28,542
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 8 - ACCOUNTS PAYABLE AGING SCHEDULE FILE NUMBER: 000-155

Entity or Individual Name
(A) 		Total Account
Payable
(B) 		90-180 Days
Past Due
(C) 		180+ Days Past
Due
(D)
Liquidated Account
Payable
(E)
Total for all itemized accounts payable$0$0$0$0
Total from all other accounts payable$58,652$0$0$0
Totals (Total for Column(B) will be automatically entered in Item 30, Column(D)) $58,652$0$0$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 9 - LOANS PAYABLE FILE NUMBER: 000-155

Source of Loans Payable at Any
Time During the Reporting Period
(A) 		Loans Owed at
Start of Period
(B) 		Loans Obtained
During Period
(C) 		Repayment
During Period
Cash
(D)(1) 		Repayment
During Period
Other Than Cash
(D)(2) 		Loans Owed at
End of Period
(E)
Total Loans Payable$0$0$0$0$0
Totals will be automatically entered in... Item 31
Column (C) 		Item 44Item 62 Item 69
with Explanation 		Item 31
Column (D)
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 10 - OTHER LIABILITIES FILE NUMBER: 000-155

Description
(A) 		Amount at End of Period
(B)
Total Other Liabilities (Total will be automatically entered in Item 33, Column(D)) $4,814,793
Accrued Deferred Compensation Plan Benefits$4,584,363
Severance - Officers and Executive Board$131,600
Estimated Future Death Benefits$98,830
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 11 - ALL OFFICERS AND DISBURSEMENTS TO OFFICERS FILE NUMBER: 000-155

(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) through (F) 		(H)
TOTAL
A
B
C 		Spano ,  Mark  
President
C		$56,596$0$471$0$57,067
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		10 % Schedule 19
Administration 		35 %
A
B
C 		Castro ,  Benny  
Secretary-Treasurer
C		$25,600$0$413$0$26,013
I
Schedule 15
Representational Activities 		50 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		15 % Schedule 19
Administration 		35 %
A
B
C 		Giovinco ,  Joseph  
1st Vice President
C		$10,000$0$400$0$10,400
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
A
B
C 		Iori ,  Anthony  
2nd Vice President
C		$9,000$0$588$0$9,588
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
A
B
C 		Rodriguez ,  Kathleen  
3rd Vice President
C		$8,500$0$572$0$9,072
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
A
B
C 		Charles ,  Nicole Jean  
4th Vice President
C		$8,500$0$400$0$8,900
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
A
B
C 		Lubrano ,  Cosmo  
Executive Board
C		$8,500$0$400$0$8,900
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
A
B
C 		Febus ,  Angel  
Executive Board
C		$8,500$0$400$0$8,900
I
Schedule 15
Representational Activities 		55 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		45 %
Total Officer Disbursements$135,196$0$3,644$0$138,840
Less Deductions    $28,183
Net Disbursements    $110,657
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 12 - DISBURSEMENTS TO EMPLOYEES FILE NUMBER: 000-155

I Schedule 15
Representational Activities 		Schedule 16
Political Activities and Lobbying 		Schedule 17
Contributions 		Schedule 18
General Overhead 		Schedule 19
Administration
Total Employee Disbursements$0$0$0$0$0
Less Deductions     
Net Disbursements    $0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 13 - MEMBERSHIP STATUS FILE NUMBER: 000-155

Category of Membership
(A) 		Number
(B) 		Voting Eligibility
(C)
Members (Total of all lines above) 16,019 
Agency Fee Payers*0
Total Members/Fee Payers16,019 
*Agency Fee Payers are not considered members of the labor organization.
Active Members16,019Yes
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
DETAILED SUMMARY PAGE - SCHEDULES 14 THROUGH 19 FILE NUMBER: 000-155

SCHEDULE 14   OTHER RECEIPTS
1. Named Payer Itemized Receipts$0
2. Named Payer Non-itemized Receipts$0
3. All Other Receipts$2,705
4. Total Receipts$2,705
     
     
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$4,000
6. Total Disbursements$4,000
SCHEDULE 15   REPRESENTATIONAL ACTIVITIES
1. Named Payee Itemized Disbursements$0
2. Named Payee Non-itemized Disbursements$0
3. To Officers$75,062
4. To Employees$0
5. All Other Disbursements$0
6. Total Disbursements$75,062
SCHEDULE 18   GENERAL OVERHEAD
1. Named Payee Itemized Disbursements$97,023
2. Named Payee Non-itemized Disbursements$40,064
3. To Officers$9,609
4. To Employees$0
5. All Other Disbursements$17,948
6. Total Disbursements$164,644
SCHEDULE 16   POLITICAL ACTIVITIES AND LOBBYING
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$0
6. Total Disbursements$0
SCHEDULE 19   UNION ADMINISTRATION
1. Named Payee Itemized Disbursements$15,727
2. Named Payee Non-itemized Disbursements$34,982
3. To Officers$54,170
4. To Employees$0
5. All Other Disbursements$44,181
6. Total Disbursements$149,060
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 14 - OTHER RECEIPTS FILE NUMBER: 000-155

There was no data found for this schedule.

SCHEDULE 15 - REPRESENTATIONAL ACTIVITIES FILE NUMBER: 000-155

There was no data found for this schedule.

SCHEDULE 16 - POLITICAL ACTIVITIES AND LOBBYING FILE NUMBER 000-155

There was no data found for this schedule.

SCHEDULE 17 - CONTRIBUTIONS, GIFTS & GRANTS FILE NUMBER: 000-155

There was no data found for this schedule.

SCHEDULE 18 - GENERAL OVERHEAD FILE NUMBER: 000-155

Name and Address
(A)
Buchbinder Tunick& Co. LLP

One Penn Plaza, Suite 3500
New York
NY
10119
Type or Classification
(B)
Certified Public Accounting Firm
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer$38,000
Total Non-Itemized Transactions with this Payee/Payer$6,000
Total of All Transactions with this Payee/Payer for This Schedule$44,000
Audit Fees04/23/2018$15,000
Audit Fees06/07/2018$16,000
Audit Fees11/28/2018$7,000
Name and Address
(A)
Central States Joint Board

245 Fencl Lane
Hillside
IL
60162
Type or Classification
(B)
Related Labor Union Organization
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer 
Total Non-Itemized Transactions with this Payee/Payer$30,000
Total of All Transactions with this Payee/Payer for This Schedule$30,000
Name and Address
(A)
Milliman, Inc.

71 S Wacker Drive
Chicago
IL
60606
Type or Classification
(B)
Actuary
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer$5,350
Total Non-Itemized Transactions with this Payee/Payer$4,064
Total of All Transactions with this Payee/Payer for This Schedule$9,414
Actuarial Services05/15/2018$5,350
Name and Address
(A)
Segal Bryant & Hamill

10 S Wacker Drive
Chicago
IL
60606
Type or Classification
(B)
Investment Advisor
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer$53,673
Total Non-Itemized Transactions with this Payee/Payer$0
Total of All Transactions with this Payee/Payer for This Schedule$53,673
Investment Fees03/06/2018$13,142
Investment Fees05/21/2018$13,204
Investment Fees08/20/2018$13,336
Investment Fees11/16/2018$13,991
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 19 - UNION ADMINISTRATION FILE NUMBER: 000-155

Name and Address
(A)
Grand Beach Hotel

4835 Collins Ave
Miami Beach
FL
33140
Type or Classification
(B)
Hotel
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer 
Total Non-Itemized Transactions with this Payee/Payer$16,982
Total of All Transactions with this Payee/Payer for This Schedule$16,982
Name and Address
(A)
Johnson & Krol, LLC.

300 S Wacker Drive
Chicago
IL
60606
Type or Classification
(B)
Legal Counsel
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions with this Payee/Payer$15,727
Total Non-Itemized Transactions with this Payee/Payer$18,000
Total of All Transactions with this Payee/Payer for This Schedule$33,727
Legal Services06/13/2018$15,727
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 20 - BENEFITS FILE NUMBER: 000-155

Description
(A) 		To Whom Paid
(B) 		Amount
(C)
Total of all lines above (Total will be automatically entered in Item 55.)$239,402
Pension PaymentsLess W/H Taxes ($55,945)$218,192
Death BenefitsBeneficiaries$7,000
Severance and Deferred Benefit PaymentsLess W/H Taxes ($4,287)$14,210
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
69. ADDITIONAL INFORMATION SUMMARY FILE NUMBER: 000-155


Question 12: The audit of the books and records of the International Union of Allied, Novelty and Production Workers, AFL-CIO was performed by the Certified Public Accounting Firm Buchbinder Tunick & Company, LLP.

Schedule 13, Row1:Active members pay full union dues.

Schedule A, Line 26: The total assets and corresponding net assets reported on the accompanying form LM-2 differ from that reported on the Union''''s audited financial statements due to the fact that the Union''''s records its investments at fair value for the financial statement purposes and report its investments other than U.S. Government securities at the lower of cost or market value for LM-2 purposes.
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)