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Office of Labor-Management Standards
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Office of Labor-Management Standards (OLMS)

U.S. Department of Labor Employment Standards Administration
Office of Labor-Management Standards
New York District Office
201 Varick Street
Room 878
New York, NY 10014
(646) 264-3190 Fax: (646) 264-3191

June 24,2008

Mr. Lawrence D'Errico, Recording Secretary
United Brotherhood of Carpenters
Local 157
157 East 25th Street
New York, NY 10010
LM File Number 541-153
Case Number: -

Dear Mr. D'Errico:

This office has recently completed an audit of Carpenters Local 157 under the Compliance Audit Program (CAP) to determine your organization's compliance with the provisions of the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA). As discussed during the exit interview with Brenda Booker and Barry Krantz on June 9,2008, the following problems were disclosed during the CAP. The matters listed below are not an exhaustive list of all possible problem areas since the audit conducted was limited in scope.

The CAP disclosed the following other violation(s):

The audit revealed a violation of LMRDA Section 502 (Bonding), which requires that union officers and employees be bonded for no less than 10 percent of the total funds handled by those individuals or their predecessors during the preceding fiscal year. Local 157's officers and employees are currently bonded for $260,000, but they must be bonded for at least $315,000.
Adequate bonding coverage was obtained and documentation provided during the audit. No further enforcement action will be taken.

I want to extend my personal appreciation to Carpenters Local 157 for the cooperation and courtesy extended during this compliance audit. I strongly recommend that you make sure this letter and the compliance assistance materials provided to you are passed on to future officers. If we can provide any additional assistance, please do not hesitate to call.

Sincerely,
Investigator
cc: Douglas McCarron, International President
Frank Spencer, Trustee