Operating Engineers, Local 98
Basic Information
Local 98
Financial Information
The Labor-Management Reporting and Disclosure Act (LMRDA), which is enforced by the Office of Labor-Management Standards, requires labor unions to file annual reports detailing their operations. Contained in those reports are breakdowns of each union's spending, income and other financial information.
Basic Financials
| Total Assets | $1,494,224 |
| Total Liabilities | $702 |
| Total Income | $2,087,620 |
| Total Spent | $1,946,380 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $320,694 (+78.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $738,662 (-16.8%) |
| Fixed Assets | $222,796 (-16.8%) |
| Treasury Securities | $197,419 (+87.9%) |
| Other Assets | $14,653 (-25.8%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $702 |
| Mortgages | $0 |
Income
| Dues | $1,701,096 |
| Per Person Tax | $0 |
| Investments | $293,525 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $18,609 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $38,624 |
| Loans Obtained | $0 |
| Other Receipts | $35,766 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $2,016 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Spending
The Office of Labor-Management Standards (OLMS) requires unions to report how they spent their money in a number of categories. For the first five, OLMS requires unions to provide detailed information on any recipient that received more than $5,000 per year.
Total Spent in 2022
$1,946,380
Spending Overview
Spending Breakdown
| Representational | $558,417 (28.69%) |
| Political Activities and Lobbying | $5,375 (0.28%) |
| Contributions, Gifts, and Grants | $22,749 (1.17%) |
| General Overhead | $165,636 (8.51%) |
| Union Administration | $84,656 (4.35%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $106,121 (5.45%) |
| To Union Employees | $310,819 (15.97%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
1,044
Income per Member
$2,000
Dues (per MONTH)
$19.00-$28.00
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,256 |
| 2003 | 1,249 |
| 2004 | 1,264 |
| 2005 | 1,291 |
| 2006 | 1,275 |
| 2007 | 1,278 |
| 2008 | 1,249 |
| 2009 | 1,204 |
| 2010 | 1,161 |
| 2011 | 1,032 |
| 2012 | 1,102 |
| 2013 | 1,085 |
| 2014 | 1,072 |
| 2015 | 1,058 |
| 2016 | 1,046 |
| 2017 | 1,072 |
| 2018 | 1,054 |
| 2019 | 1,076 |
| 2020 | 1,060 |
| 2021 | 1,049 |
| 2022 | 1,044 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$25,778
Total Employees
23
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WILLIAM FAY | BUSINESS MGR/PRESIDENT | $118,651 |
| LEONARD DELGATTO | BUSINESS REPRESENTATIVE | $116,141 |
| KEITH HANCOCK | BUSINESS REPRESENTATIVE | $107,355 |
| DAVID KAZIMIERCZAK | BUSINESS REPRESENTATIVE | $106,230 |
| HEATHER TETREAULT | OFFICE MANAGER | $58,715 |
| DARRIN AUGER | BUSINESS REPRESENTATIVE | $46,113 |
| PHILIP CHAFFEE | BUSINESS MGR/PRESIDENT | $36,291 |
| NICHOLAS GIROLAMO | GUARD | $1,204 |
| NATE SENSER | TRUSTEE/EXECUTIVE BOARD | $1,150 |
| ERIC FOX | EXECUTIVE BOARD | $261 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Construction | 65 |
| Local Government | 9 |
| Other | 7 |
| Personal Serv & Private Organizations | 3 |
| Mining | 2 |
| Transportation | 1 |
| Utilities | 1 |
| Communications | 1 |