Operating Engineers, Local 150

Basic Information

Local 150

Quick Facts

Members

22,979

Assets

$123,492,688

Employees

195

Primary Industry

Construction

Address

OPERATING ENGINEERS
6200 JOLIET ROAD
COUNTRYSIDE, IL 60525

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	$123,492,688
Total Liabilities	$2,650,253
Total Income	$56,863,910
Total Spent	$57,100,359

» See Historical Financial Information

Total Assets Trend

Assets (Change from previous report)

Cash	$2,558,160 (-8.5%)
Accounts Receivable	$3,226,406 (+14.5%)
Investments	$109,360,515 (+0.7%)
Fixed Assets	$2,577,537 (+0.7%)
Treasury Securities	$4,159,325 (+75.1%)
Other Assets	$1,610,745 (+16.3%)
Loans Receivable	$0 (0.0%)

Liabilities

Loans Payable	$0
Accounts Payable	$681,489
Other Liabilities	$1,968,764
Mortgages	$0

Income

Dues	$48,877,696
Per Person Tax	$0
Investments	$4,666,165
Supplies	$125,898
Loan Repayment	$0
Interest	$139,747
Dividends	$63,172
Rents	$89,509
Fees and Fines	$722,449
Loans Obtained	$0
Other Receipts	$2,179,274
Affiliates	$0
Members	$0
Reinvestments	$51,250
All Others	$41,602

Source: Office of Labor Management Standards

Year Covered: 2021 • 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 2021

$57,100,359

Spending Overview

Spending Breakdown

Representational	$15,125,742 (26.49%)
Political Activities and Lobbying	$673,745 (1.18%)
Contributions, Gifts, and Grants	$368,832 (0.65%)
General Overhead	$9,093,043 (15.92%)
Union Administration	$1,768,452 (3.10%)
Strike Benefits	$56,500 (0.10%)
To Union Officers	$1,140,336 (2.00%)
To Union Employees	$10,195,631 (17.86%)
Education	$0 (0.00%)
Fees	$0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2021 • Last Updated: June 12th, 2023

Membership

Total Members

22,979

Income per Member

$2,475

Dues (per MONTH)

$21.00 TO $244.70

Membership Trend

Year	Members
2002	20,146
2003	20,815
2004	21,119
2005	21,497
2006	21,884
2007	23,201
2008	23,518
2009	23,014
2010	22,819
2011	22,425
2012	21,305
2013	21,369
2014	21,699
2015	22,002
2016	22,022
2017	22,304
2018	22,500
2019	22,875
2020	22,792
2021	22,979

Source: Office of Labor Management Standards

Year Covered: 2021 • Last Updated: June 12th, 2023

Leaders & Salaries

Average Total Compensation

$86,455

Total Employees

195

Employees Making more than $75,000

Top Ten Highest Paid Leaders

Name	Title	Total Compensation
		$434,155
STEVEN CISCO	REC CORRESPOND SECRETARY	$379,704
JAMES SWEENEY	PRESIDENT BUSINESS MANAGR	$351,019
DAVID FAGAN	FINANCIAL SECRETARY	$288,818
MARSHALL DOUGLAS II	TREASURER	$255,080
DALE PIERSON	LEGAL DEPARTMENT	$251,699
ALLEN BINGHAM	BUSINESS REPRESENTATIVE	$220,074
STANLEY SIMRAYH	BUSINESS REPRESENTATIVE	$208,490
JOHN GARZA	OFFICE MANAGER ACCOUNTANT	$194,552
ELIZABETH LAROSE	LEGAL DEPARTMENT	$192,185

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

Year Covered: 2021 • Last Updated: June 12th, 2023

Crime, Corruption & Racketeering

The Office of Labor-Management Standards (OLMS) conducts investigations to determine if violations of the Labor-Management Relations and Disclosure Act (LMRDA) provisions have occurred.

Investigations are initiated based on various sources such as complaints from union members; information developed by OLMS as a result of reviewing reports filed; information developed during an OLMS audit of a union’s books and records; and information obtained from other government agencies. Investigations may involve civil matters (such as an election of union officers) or criminal matters (such as embezzlement of union funds).

Corruption and Embezzlement Charges

Type of Criminal Activity	Number of Instances
criminal charges	1
Guilty Pleas	2
Officials Sentenced	1

Some incidents may be accounted for in multiple categories.

Source: Office of Labor-Management Standards

Last Updated: April 8th, 2021

Financial Audits

The Office of Labor-Management Standards (OLMS) has responsibility under the Labor-Management Relations and Disclosure Act (LMRDA) to conduct audits to determine if unions are complying with the law.

OLMS uses a streamlined audit approach called the Compliance Audit Program (CAP) to audit local unions which utilizes specialized records review and investigative techniques to verify LMRDA compliance.