STATE OF THE UNION On June 17 , with a good handful of members, I attended the New York Women in Film and Television, annual program honoring Designing Women. Make-up Artist Marianne Skiba and Hairstylist Jennifer Johnson were the Local 798 honorees this year.

Besides being truly deserving, they were well spoken and looked gorgeous. What struck me most as I sat there with my popcorn (the awards where in Clear view cinema) was the impact these two ladies had on their guest presenters.

Sam Waterson presented the award to Marianne. His speech was a personal tribute to Marianne outlining not just her contribution to the look of the show but the 100 other things we do for our actors. On a long running series the relationships between Make-up, Hair and the actors are forged in steel but still have to bend like a willow.

Jennifer Johnson was presented her award by Blake Lively star of Gossip Girls. A total different kind of series, but the sentiments were much the same. The young, hip generation not only recognizes the importance of our crafts, by also come to

on us for our steadfastness and friendship. rely

Ann Gasteyer, Jennifer Johnson, Blake Lively, Marianne Skiba, Sam Waterston. Photo NYWIFT

We are not “vanities”, we are Artist, Craftsman, and support. I am proud to be in an industry that produces this caliber of talent and recognizes the contributions we make. President Valerie Gladstone

President Valerie Gladstone

Vice-President Paul Gebbia

Sergeant at Arms John James

TRUSTEES:

TV Make-up

leslie Shreve

TV Hair Charles McKenna

Freelance Hair Milton Buras

Freelance Make-up Carl Fullerton

Live Theatrical Monica Costea Secretary/Treasurer Joe Cuervo

Business Agent Dan Dashman Field Representative Greg Kasper

P & W TRUSTEES Joe Cuervo Norman Bryn Carl Fullerton

Alternate Trustees

Victor DeNicola John James Valerie Gladstone

NEXT GENERAL MEMBERSHIP MEETING - SUNDAY AUGUST 9 AT 11AM AT LOCAL 798 OFFICE

WORK IS NOT A DEMOCRACY! ...….…….....................…………… Pg. 2 FLORIDA AND STEWARDS….….……..….…..…..…………….……... 3 PLEA …...…………………………………………..………………. 9 798 INVESTMENT STRATEGY.......................................................... 16

AUGUST 1, 2009 Volume 4 Issue 8 LOCAL 798

PAGE 2 AUGUST 2009 LOCAL 798

Work is NOT a Democracy! A Union IS a Democracy!

Most of you in the business for a while are going to laugh at this month’s letter. Those of us who grew up in a different time in the industry can remember the first time we asked a boss the eternal question: “WHY?” And, we can remember the nearly universal answer: “’Cause I tole ya, kid!” usually with the cigarette never leaving the mouth. Bosses are more sophisticated today giving non-answer answers that when reduced to their essence mean: “’Cause I tole ya, kid!”

Whether you agree or not, this is how it works. The director talks to the designer. The designer talks to the Supervisor. The Supervisor talks to the crew. The Supervisor receives the input from the designers and passes it on to the crew. Each crew member’s level of responsibility then determines the crew member’s freedom to operate. A crew member gets sloppy and they will find the Head leaning over their shoulder. A piece is not done or a cue is missed and suddenly there is more imposed control or maybe the job is lost.

Serve the Head. They know what the show wants and they will serve you with those little intangible perks of freedom.

So, where IS the Democracy? It is right here in your Local. We are where you have Democracy. You as a Local 798 member have both the right and the responsibility to come to meetings, to interact with your Union, to tell your elected Officers what you think is right for Local 798 and to watch what they do. Your Officers are elected to guard your Local and your rights, but as the 1st century Roman poet Juvenal asked: “Who will guard the guardians?” The answer is “YOU”.

The business of Local 798 must get done. If there is no quorum at a meeting (30 members) then the meeting cannot occur. What happens then? Your Executive Board has to act independently. You lose your opportunity to make your views known. Nobody guards the guardians.

There was no July meeting because of a lack of a quorum. There was no June meeting either for the same reason. The membership has now forced the Executive Board to run the Local since May 11, 2009 without meaningful input. You fought hard to win back a Democratic Local. Don’t let inattention and complacency return this Local to the bad old days.

Dan Dashman Business Agent

T-3 products showing at the October membership meeting.

T-3 PRODUCTS

will be showing their products after the October membership meeting. There will be prizes and give aways’ and demonstrations. Check out the product line at www.t3micro.com

LOCAL 798 AUGUST 2009 PAGE 3

STEWARDS FLORIDA

In the July’s newsletter there was an announcement that there would be a meeting in ORLAND Fl. Saturday August 15, 2009 10AM Sheraton Suites Orlando Airport an d in MIAMI Fl . on Sunday August 16, 2009 Four Points by Sheraton Miami Beach The office has called members in both areas to judge ho w many members would be attend ing. We h ave not ha d one response to our calls. For this reason w e are dela ying an y meetings until w e can establish if there are enough members interested to justify having a meeting at all. Please call the union office; 212 – 627 – 0660 Ex 11

NOMINEES:

GEORGIA

Cynthia Chapman Charles Gregory William Johnson Dionne Wynn LOUISIANA

Nikki Brown Rose Librizzi - Davis Kent Richard VIRGINIA / DC

Eileen Barrett Jennifer Santiago For members who did not cast a vote for a Steward at the meetings you will be receiving a mail-in ballot. If you do not receive your ballot by July 15 please contact the office 212 – 627 – 0660 EX 10

ELECTED STEWARDS The Steward that have been elected in District 3: Marleen Alter- Steward Joseph Rossi – Assistant Steward The Steward for Baltimore is Sandra Linn-Koepper

LOUISIANA TAX INCENTIVE

On June 25 the Louisiana Legislators passed an incentive package to lure production into their state.

30% of Budget 5% Indigenes Incentive reward will not be released until all crew and vendors are paid No Sunset

Besides the amount of the incentive the importance of no sunset (open ended) should attract television series.

This is the type of package we encourage 798 members to pursue their local elected official to adopt. Joe Cuervo KENTUCKY TAX INCENTIVE NEXT PAGE

PAGE 4 AUGUST 2009 LOCAL 798

2009 KENTUCKY FILM INDUSTRY INCENTIVES

The incentive program is in place to encourage increased production activity in Kentucky. Below is a very brief summary of the program. For detailed information please contact the Kentucky Film Office. • The refundable sales tax incentive now in place will remain. • Qualified productions have the option of taking advantage of either the sales tax refund incentive or a newly created incentive. The new incentive is a refundable income tax credit of up to 20% of approved expenditures. • The incentive is available to companies that spend at least $500,000 to produce feature films or television shows in Kentucky. • Commercials are eligible with required expenditures of $200,000. • Documentaries and Broadway productions are eligible with an expenditure minimum of $50,000. • Applications will be reviewed and approved by the Kentucky Film Office, Secretary of the Tourism, Arts and Heritage Cabinet, the Finance and Administration Cabinet and the Kentucky Tourism Development Finance Authority. Qualified expenditures include, but are not limited to, the following items. • The production script and synopsis. • Set construction and operations. • Wardrobe, accessories, and related services. • Lease or rental of real property in Kentucky as a set location.

• Photography, sound synchronization, lighting, and related services. • Editing and related services. • Rental of facilities and equipment. • Vehicle leases. • Food. • Accommodations. While some may not consider 20% as competitive as what other states offer; differing state tax laws have to be taken into full consideration when formulating production budgets since one state's higher percentage may actually be equal to or lower in value than Kentucky's 20%. It's more than just comparing apples & oranges. http://www.kyfilmoffice.com/proposed-incentives.htm Please note the inclusion of the commercial industry. This legislation effectively moves Kentucky up to approximately 16th in national ranking for film incentives. www.lightscamerakentucky.org Tamara Lee Kentucky Make-up IATSE 798 Steward

LOCAL 798 AUGUST 2009 PAGE 5

AMENDMENTS The following two amendments were about to have their first official reading at the July 13th membership meeting. The problem was there was no quorum and it could not be read.

As per the constitution Article XIV – Amendments

SEC. 1 PROPOSED AMENDMENTS No prop osed am endment or alteration t o this Constitution shall be voted upon until it shall have f irst been read at two (2) consecutive meetings. In the event of a no -quorum at the General Membership meeting the Executive Board will act on the behalf of the membership.

I can not speak for the Executive Board but I feel very uncomfortable taking that path. When we went into trusteeship it was made perfectly clear that it was the fault of the membership due to the lack of interest they had in their own union. Now I believe these amendments in the long run will protect the members and fortify the contracts and I also believe the amendments would easily be passed by the Executive Board. As I said I can only speak for myself, but I would prefer to take the more difficult route and have an open debate on the amendment’s merits. In this way no one can look back and say these amendments were passed in the dark of night. What has to be understood if we do not have a quorum at the August and September meetings the Executive Board will decided the fate of these amendments. Joe Cuervo The follow proposed amendment to be incorporated into Local 798’s constitution. THE BY-LAWS OF LOCAL 798 MAKE-UP ARTIST’S AND HAIRSTYLIST’S OF THE I.A.T.S.E. ARTICLE IX – MISELLANEOUS RULES – SECTION 9 Each member sha ll design ate in w riting to Loca l 7 98 one official address of residency. A member may change their design ated residence at any time by submitting an official Local 798 change of address form to the union office. This form will be filed in the membe r’s pe rsonal records an d the chan ge of addre ss w ill be r eported to the I.A.T.S.E.

If a memb er changes his/her residency, the member may not ac cept employment as a local hire in their new residency for sixty (60) days from the day of Local 798 receiving the official change of address form.

The penalty for violating Article IX – Miscellaneous Rules – Sec. 9 will be as follows:

First offense: ………… One thousand dollar ($1000.00) fine

Second offense: ……… Two thousand five hundred ($2500.00) fine.

Third offense:……….. Six (6) month suspension.

Fourth offense and all succeeding offences: Six (6) month suspension plus two thousand five hundred ($2500.00) fine. CONTINUED NEXT PAGE

PAGE 6 AUGUST 2009 LOCAL 798

CONTINUED FROM PREVIOUS PAGE EXISTING Article XII (Twelve) Fees, dues and assessments There will be 4 Classification for membership with-in the crafts of Hairstylist or Make-up artist.

Section 1: Initiation and Upgrade fees. Journeyman ..........................................................$3,500.00 Intermediate......................................................Current members only Live/Theatrical..................................................Current members only Associate ................................................................ $1,750.00

1. The initiation fee and work dues shall not be increases except by secret ballot of the membership in goods standing, also not in excess of 4 times the highest weekly scale in respective classification.

2. The intermediate and live/theatrical classification shall only exist for current members. No new members shall be able to apply for these categories. When all members have moved out of these categories, the categories will cease to exist.

REPLACEMENT Article XII Section 1: Fees, Dues

1. INITIATIONS FEES

a. The initiation fee shall not exceed 4 times the highest weekly scale in the highest prevailing Local contract rate.

b. The Executive Board will determine the amount of the initiation fee for the following 12 month period at their February Executive Board meeting.

c. It will n eed the vo te of two thi rds (2 /3) of th e members i n go od stan ding in attendance a t the next scheduled General Membership Meeting to ratify the Executive Board’s decision. If a qu orum is not met at the General Membership Meeting the Board’s decision will stand.

d. The results of the vote of the members in attendance at the General Membership meeting will be posted in the Newsletter. If a quorum is not met at the General Membership Meeting the Board’s decision will be posted in the newsletter.

2. DUES

a. The Executive Board will determine if and when the amount of the dues needs to be reevaluated at the November Executive Board Meeting.

b. Any change in dues wil l need the vote of two thirds (2/3) of the members in good standing in attendance a t the next scheduled general mem bership meeting to ratify the Executive Board’s decision. If a quorum is not met at the General Membership Meeting the Executive Board’s decision will stand.

c. The results of the vote of the members in attendance at the General Membership meeting will be posted in the Newsletter. If a quorum is not met at the General Membership Meeting the Board’s decision will be posted in the newsletter.

LOCAL 798 AUGUST 2009 PAGE 7

To my 798 Brothers and Sisters Regarding the issue of a proposed constitutional amendment that would impose harsh penalties for members working as locals out of their jurisdictions:

1 feel that I've walked in at the middle, or perhaps end of a discussion. There seems to have been much dialogue on this issue that most of the general membership has not been privy to. I would like some back-story on this issue before I could possibly make any informed decision.

Begin with the beginning; what exactly prompted this call to action? Where there complaints? When, where, how many, how many over the past 2 years as opposed to normally-has the issue accelerated and in what regions? Why? What may have prompted this situation? Have the complaints been investigated and are they valid? There needs to be more discussion as the situation is not as clear and simple as it may appear.

I understand that these rules were conceived and adopted for our protection. Certainly no one wants to be forced to travel at their own expense, put themselves up and feed themselves in order for the producers to save some money. But, since the time of their conception many things have changed in the industry and I feel that we need to really look at this situation a little closer before making decisions that impact the livelihoods of our fellow union Sisters and Brothers. These issues may not affect every member at this time, but there very well might come a time in each member's career when it will. When it does, the problem becomes clear.

This is not just one single issue and no blanket amendment is going to resolve the group of issues that constitute these situations. Just as borrowing a clause from the Camera Operator's contract that imposes exorbitant fines is not going to settle our disputes. We need rules drafted specifically for our needs by those with firsthand knowledge of our unique working environment and the law.

So why not look at some real and lasting solutions. A suggestion is: to allow Journeymen in good standing some flexibility with jurisdictions and permit a limited choice of work states- with certain restrictions of course.

Here are a few of case scenarios that I see happening right now and have even experienced myself to some degree:

#1: New York Tri-State area: If you live in New Jersey you may also work in New York and Connecticut. Depending on where in NJ you are it may be difficult for you to get to CT, but an easy commute to Philadelphia, PA. There is often a need for additionals in that area but no budget for housing and per diem. Why couldn't there be an option to drop Connecticut and add PA as your home jurisdiction?

#2: Dual State Residence: Rather than being bi-costal, some members have chosen dual state residences. Owning homes in two states and splitting their time between them. If certain criteria are met like minimums for length of time of ownership etc., then why couldn't that member work as a local in both states?

#3: Special/Temporary Circumstances: Unfortunately many of us have or will experience personal crises that will call them away to another city for an extended period of time. Some of us are dealing with the prolonged illness of a parent or loved one. Some members have needed to return home in the wake of a natural disaster like Katrina or a fire or tragic accident. Some were displaced by floods, etc. and forced to reside in another state until order could be restored. These are the times when we need to be flexible and grant permission for these members to continue to earn and not impose fines when they are most in need.

PAGE 8 AUGUST 2 009 LOCAL 798

#4: Traveling Show: There are and have always been those that will follow the work much like a Carney follows the state fairs. They'll sleep on sofas of friends and acquaintances and pile into cheap motel rooms to save money in order to get the job. No producer is going to complain. We must police our own jurisdictions and report violations. The problem has not gone away, and the down side of these rolling tax incentives is that they create boom towns where there is more work than there is crew to fill the jobs, so new members are inducted. When the incentives move on, they leave ghost towns in their wake with lots of union members and no work. These members naturally migrate to where the work is. It's human nature, it's how the entertainment industry was built. How many New York City members were born there? For that matter how many actors, directors, DP's, Costume designers etc., slept on sofas in their salad days? The question is; how do we deal with this fairly? I would like to know the numbers involved though, just how much of this is actually going on at the present time?

#5 706: Always an issue! Producers seem to believe that there are no talented, qualified Makeup Artists and Hairstylists outside of LA so they import them into our jurisdictions on a regular basis. They not only bring the Dept. Heads but Keys, and thirds as well. One jurisdiction recently lost 8- 18 week jobs in the Mu & Hair Dept to 706 imports who were fired midway then replaced by more 706'ers. The locals who were working as additionals when needed were asked to step up and run the job until the replacements could be found, but were busted back down to Privates when the "real artists'" arrived. It has also been the case where the 706 member is working in a 798 jurisdiction, staying with friends/family and not receiving housing violating both 706 and 798 rules. This is where we need to concentrate some effort and circle our wagons. Personally, I would rather have a 798 member out of jurisdiction than a 706 member any day. Let's keep the work within the 798 and then deal with our issues amongst ourselves.

The questions are: How do we differentiate one scenario from the other, How do we handle it? What will we do about it? We should look at what has been done in the past, but understand that the circumstances are different today. We need rules that are ''fair and balanced". I would feel more comfortable if each case was examined and resolutions could be found that were fair and beneficial for the membership as a whole.

I feel that this issue is too large to be decided in one meeting by 35 people who may or may not be affected by these issues and I propose that we spend some time looking at solutions and propose them in a paper ballot for the entire membership to vote on.

Also, I have said many times that we need good PR. What I mean is that we need to find ways to make producers aware that the 798 is strong and talented with a collective body of work to rival anything the 706 has to offer! Any ideas?

Thank you for allowing me this opportunity to share my thoughts and concerns. Please share yours with me at skibamkup(oiaol.com or Facebook.

Your Sister in 798, Marianne Skiba

A PLEA

TO MY BROTHERS AND SISTERS, ESPECIALLY THOSE IN THE TRI STATE AREA:

The July General Meeting, which while informative, was also totally unproductive. Thank you Sister Cind y Gardener for noticing the failure to reach a quorum and for keeping us honest. While reports w ere read and questions w ere asked , no business could be done, nothing could be brought to v ote because there w as not enough members present to even hold an official meeting.

I take m y union obligations just as seriousl y as m y rights and we, The Membership, must be active participants in the functioning of Local 798. We must be the advocates (devil's or otherwise) and the watchdogs. The Executive Board is there to do what we as a group tell them. But we cannot vote as a group, we cannot even take care of official business if the minimum count is not met. A mere 30 people!

I know its a hassle. I know the meetings run long. But make it a priority, and then make it a habit to attend as many meetings as you are physically able. Make your voice heard and become a proactive part of this union.

Train fare ain't cheap and I commuted an hour and a half to get to the meetings. Many people give of their effort and time to run and attend these meetings which are purely for the Membership's benefit. You owe it to your brothers and sisters and you owe it to yourself to attend.

On a final note, meetings are a great way for us to meet each other and socialize, for newer members to learn the ropes, and veteran members to meet the new recruits. Everyone is extremely welcoming and nobody bites (at least not hard). Next meeting is Sunday August 9th at 11am. Hope to see you there (and if you do, say hi cause I'm kind of shy) Cynthia O'Rourke

LOCAL 798 AUGUST 2009 PAGE 9

LOOKING FOR WORK

Additional employment possibilities Many members miss important information by not reading all to the

literature that comes to them in the mail. In the most recent I.A.T.S.E. Bulletin, there is an article that could lead to additional employment. On Page 35 at the top of the page, you can have your resume on file at the International for upcoming, and replacement Pink contract tours. If you work in the live theater genre, and are willing to travel there are new productions getting added to the contract. Contact the I.A.T.S.E. stage craft division, and e-mail a resume. stagecraft@iatse-intl.org

Census takers needed The U.S. Census Bureau is recruiting census takers for 2010. Pay ranges

from $10 to $22 an hour, depending on region. Thousands of census takers are needed to update address lists and conduct door-to-door interviews. Hiring will begin in February. To apply, call 1-866-861-2010 toll-free to schedule an appointment to take the employment test. Go to Census.gov for more information.

PINK Contract If you are currently working under a pink contract or have worked on a pink contract in the past, the I.A.T.S.E. would like your suggestions. The Contract is expiring at the end of 2009. This is your opportunity to get involved. Submit your proposals in writing to stagecraft@iatse-intl.org attn Anthony DePaulo or Brian Lawlor. Valerie Gladstone

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JERSEY BOYS August Wilson Fred Waggoner

LITTLE MERMAID Lunt-Fontanne Wanda Gregory

LION KING Minskoff Jon Jordan Elizabeth Cohen 212 – 354 – 5489 212 – 354 – 5458

MARY POPPINS New Amsterdam Tod McKim Amy Porter 212 – 282 -2935 212 – 282 -2939

MAMMA MIA Winter Garden Sandra Schlender 212 – 977 – 7289

MARY STUART Broadhust Carmel Vargyas METROPOLITAN OPERA Lincoln Center Suze Alvarez Victor Callegori

PHANTOM Majestic Leon Gagliardi Thelma Pollard 212 – 221 – 8363

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LOCAL 798 JULY 2009 PAGE 11

PAGE 12 AUGUST 2009 LOCAL 798

PROJECTS IN PRODUCTION ARMY WIVES- NC- Hair Stylist: Jo Jo Stephens, Cristy Vespie , Wyatt Belton BOUNTY HUNTER- NY- Make-up Artist: Naomi Donne- Hair Stylist: Nathan Busch BURN NOTICE- Fl- Make-up Artist: Erin Brasfield-Koplow, Dolores Hernandez- Hair Stylist: Gianna Sparacino, Donna Battersby-Greene A COUPLE OF DICKS- NY- Make-up Artist: Toy Van Lierop, Mary Aaron- Hair Stylist: CC Campbell, Robert Fama DROP DEAD DIVA- GA- Make-up Artist: Leigh Ann Yandle, Denise Tunnell Hair Stylist: Andrea Brotherton, Evelyn Roach EMPIRE BOARDWALK- Make-up Artist: Nicki Ledermann- Hair Stylist: Michael Kriston, Jerry DiCarlo, Anna Marie Bradley FATHER OF INVENTIONS- LA- Make-Up Artist: Darryl Lucas THE FIGHTER- MA- Hair Stylist: Brenda McNally GOING THE DISTANCE- NY- Make-Up Artist: Michelle Paris, Steven Lawrence- Hair Stylist: Francesca Paris, John James GOSSIP GIRL- NY- Make-up Artist: Amy Tagliamonti, Eve Morrow, Rachael Pagani, -Hair Stylist: Jennifer Johnson, Elizabeth Reilly-Davilla, Betsy Reyes HOW DO YOU KNOW?- Hair Stylist: Lydia Bensimmon- Benain IMAGINATION MOVERS- Hair Stylist: Yolanda Mercandel, Donita Sather JUST WRIGHT- NY- Hair Stylist: Daisy Curbean LAKE HOUSE- MA- Make-up Artist: Sher Williams, Liz Bernstrong- Hair Stylist: Vicky Porter MEET THE BROWNS- GA- Make-up Artist: Patrice Coleman MEMOIRS- NY- Make-up Artist: Patricia Regan, Rita Ogden – Hair Stylist: Suzy Mazzarese, Sherry Heart MORNING GLORY- NY- Makeup Artist: Mindy Hall, Maryann Spano, Sherri Kornhaber – Hair Stylist: Angel DeAngelis, Bobby Grayson ROYAL PAINS- NY- Make-up Artist: Francesca Buccellato, Anita Gibson- Hair Stylist: Anna Krommydas, Anita Lausevic THE LAST SONG- NC- Makeup Artist: Julie Callihan, John Bayless- Hair Stylist: Patricia Glasser, Betty Lou Skinner SPECIAL VICTIMS UNIT-NY- Hair Stylist: Brian Badie, Belinda Anderson SEX AND THE CITY 2- NY- Hair Stylist: Mandy Lyons for SJP, STEP UP 3D- NY- Make-up Artist: Joseph Farulla, Stephanie Pasicov- Hair Stylist: Liz Martinelli, Vanessa Sims STONE- MI- Makeup Artist: Todd Kleitsch- Hair Stylist: Rita Parillo

LOCAL 798 JULY 2009 PAGE 13

PROJECTS IN PRE PRODUCTION BOSTON Love and Other Drugs- Sept- Scott Stuber Co- 818-777-3200/818-733-0020 fax The Zookeeper- July- 617-436-0192/617-436-0193 fax

LOUISIANA Dead Whisper- Two of a kind Production- 866-783-6700/818-429-5886 Fax Jaws Of The Mississippi- Active Entertainment- 337-706-8957/ 337-706-8971 fax The Price of Fear- Nu Image- 310-628-3020/604-628-3021 fax GEORGIA Keep Coming Back- Aug- Tooley Production- 310-859-4996 Past Life- Bonanza Productions- 404-351-3400/404-351-3004 fax Vampire Diaries- Alloy Entertainment- 323-801-1313/ 323-801-1355 fax NEW YORK /NEW JERSEY Chaos- The Goatsingers- 212-966-3045/212-966-4362 fax Eat, Pray, Love- Columbia Tristar- 212-941-7204/212-965-8630 fax Its Kind of a funny Story- Oct – 310-405-7999 Jack and Addie- Sept- Generation Entertainment- 212-966-1444/212-966-3137 fax Spider –Man 4- Laura Ziskin Production- 310-244-7373/ 310-244-0073 fax TV IN PRODUCTION As The World Turns- Eldo Ray Estes,Anette Lian-Williams, Theresa Marra-Siliceo, Lillian Cevecich All My Children- Robin Kaiser, Pat Moore-Theis, Robin Ostrow, Deborah Steele, Joyce Carollo, Lisa Johnson, Silvie Salle One Life to Live- Renate Long,Wayne Bilotti, Laurie Cacioli Guilding Light- Paul Gebbia, Helen Gallagher, Joe Cola, Linda Williams, Ralph Stanzione

PAGE 16 AUGUST 2009 LOCAL 798

798 INVESTMENT STRATEGY Investment Policy

It has occurred to the Executive Board (EB) that our Local should maintain an Investment Policy Statement declaring the allocation of funds of our General Fund (GF). In any financial market environment a lack of formal intent is problematic as resources may go unmonitored or be reallocated without transparency and / or proper checks and balances. It is speculated that in the past all GF investment decisions were the obligation of the Business Agent (BA) and or the Treasurer. With those potential shortcomings in mind, we seek to increase the safety measures guarding the investments of this local.

In recent history investment decisions have been made via the EB by way of majority vote. Presently, our intent is to have three members (two from the EB and one from the general membership) to act as Financial Stewards and be signatory to the account(s). These three stewards shall monitor the funds and make appropriate changes in allocations, only after a 2/3s agreement (2 of the 3 stewards must concur). All changes in Local 798 Investment Policy shall be reported to the entire membership. LOCAL 798 INVESTMENT POLICY STATEMENT

General Fund

This Local shall maintain an Investment Policy Statement clearly delineating its investment strategy for its General Fund. This shall be a specific statement declaring the allocation breakdown in percentages (i.e., 80% fixed income and cash equivalents, 20% equities). This statement shall be reported in each News Letter (i.e., General Fund Investment Policy Statement: Jan. 30, 09 through Feb. 30, 09, 80% fixed income, cash and cash equivalents, 20% equities.) The investment institution(s) holding the Local’s investments shall be named in this report. Any member in good standing shall be able to view any and all financial statements provided to the Local by the investment institution. Three business days shall be considered ample time for the office to make such reports available. Non-compliance shall be considered dereliction of duty. Carl Fullerton

TOTAL

Ordinary Income/ExpenseIncome

Quarterly Dues 11,560.00Work Dues 130,926.30

Total Income 142,486.30

Expenseconstruction 10,000.00CONSULTANT FEE 500.00Conventions & Conference 10,000.00COURIER 365.88E-BOARD FEE 525.00EDUCATION/SEMINARS 3,423.73Executive Expenses 3,168.85Insurance 795.53Maintenance 487.91NYC Dept of Finance 32,224.40Office Expense 1,600.79Office Improvements 1,357.61Per Capita Fees 5,947.36Professional Fees 306.25RENT UNION OFFICE 1,933.33Staff and Executive Salaries 33,198.37Staff Employee Benefits 7,560.81Telephone 1,824.39TEMP AGENCY 2,280.00

Total Expense 117,500.21

Net Ordinary Income 24,986.09

Other Income/ExpenseOther Income

TRANSFER -10,000.00

Total Other Income -10,000.00

Other ExpenseAOL ACCOUNT 32.90Other Expenses 233.57

Total Other Expense 266.47

Net Other Income -10,266.47

Net Income 14,719.62

LOCAL 798 I.A.T.S.E. MAKE-UP ARTISTS AND HAIRSTYLISTS07/14/09 General Fund

June 2009

Page 1

CONGRATULATIONS: Valente Frasier was nominated for Make-Up on Tyra Banks.

MAJOR FILM CONTRACT

Though the Major Contract does not expire until February 28, 2010 the studios are already putting out feelers to see what Local 798 is looking for. We are not the only Local they have contacted and I have some idea what they are offering. These are normally three year contracts and I believe there are a number of issues beside money that has to be discussed. Local 798 is looking for volunteers to be on a committee to form a strategy and are also asking for suggestions from all members who derive their income from film. Any suggestions should be e-mail to IATSE798@aol.com in the subject matter window please enter MAJOR CONTRACT. Joe Cuervo

WEBSITE: 798MAKEUPANDHAIR.COM .

STEWARDS FLORIDA Sharon Kalb-Cannistraci

NEW ENGLAND Marleen Alter Asst. Joe Rossi

LOUISIANA Allison Gordin

MARYLAND Sandra Linn Keopper

VIRGINIA Jennifer Santiago Sharon Spradlin Barrett

WASHINGTON D. C. Eileen Barrett

PENNSYLVANIA Linda Williams Jeanne Josefczyk

A. S. O. PENSION 877 – 999 – 3555 WWW.ASONET.COM

I. A. ANNUITY & WELFARE 212 – 580 – 9092 WWW.IATSENBF.ORG

NEXT GENERAL MEMBERSHIP MEETING 11 AM SUNDAY AUGUST 9th AT 798 OFFICE

LOCAL 798 Make-Up Artist & Hair Stylist 152 West 24TH Street New York, N.Y. 10011

212 – 627 - 0660

AUGUST 1, 2009 Volume 4 Issue 8 LOCAL 798