Machinists, Lodge 162
Basic Information
Local 162
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 | $108,434 |
| Total Liabilities | $0 |
| Total Income | $25,124 |
| Total Spent | $40,016 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $108,434 (-12.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $21,393 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $5 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $3,726 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$40,016
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $850 (2.12%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $12,682 (31.69%) |
| To Union Employees | $5,888 (14.71%) |
| Education | $0 (0.00%) |
| Fees | $2,431 (6.08%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
674
Income per Member
$37
Dues (per month)
varies
Membership Trend
| Year | Members |
|---|---|
| 2002 | 364 |
| 2003 | 367 |
| 2004 | 366 |
| 2005 | 359 |
| 2006 | 340 |
| 2008 | 345 |
| 2009 | 327 |
| 2010 | 310 |
| 2011 | 769 |
| 2012 | 764 |
| 2013 | 760 |
| 2014 | 760 |
| 2015 | 770 |
| 2016 | 760 |
| 2017 | 774 |
| 2018 | 773 |
| 2019 | 764 |
| 2020 | 687 |
| 2021 | 674 |
| 2022 | 674 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,754
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DAVE HENLEIN | RECORDING SECRETARY | $5,070 |
| EDWARD HEIN | PRESIDENT | $4,582 |
| RICHARD CARTER | SECRETARY TREASURER | $3,138 |
| ADAM MORTON | VICE PRESIDENT | $420 |
| MARK MITCHELL | TRUSTEE | $300 |
| RODNEY LUKEN | TRUSTEE | $300 |
| ROBERT GAGEN | TRUSTEE | $150 |
| ROSCOE THOMPSON | TRUSTEE | $75 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Union Decertifications
Unionized employees can elect to revoke a union's right to represent them through a process called a decertification. In order to decertify a union, a majority of the unionized employees must vote to remove the union in an election overseen by the National Labor Relations Board (NLRB).
Total Decertification Petitions
1
Source: National Labor Relations Board
Case Activity Tracking System
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Aerospace | 3 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 1 |
| Communications | 1 |
| Food Manufacturing / Processing | 1 |
| Service | 1 |