Machinists, Lodge 1432
Basic Information
Local 1432
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 | $879,810 |
| Total Liabilities | $0 |
| Total Income | $93,818 |
| Total Spent | $51,584 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $289,189 (+17.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $590,621 (+9.9%) |
| Fixed Assets | $0 (+9.9%) |
| 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 | $85,412 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $123 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $8,283 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$51,584
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $16,930 (32.82%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $4,455 (8.64%) |
| To Union Employees | $3,766 (7.30%) |
| 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
771
Income per Member
$122
Dues (per month)
4-91
Membership Trend
| Year | Members |
|---|---|
| 2002 | 918 |
| 2003 | 898 |
| 2004 | 922 |
| 2005 | 809 |
| 2006 | 804 |
| 2007 | 990 |
| 2008 | 956 |
| 2009 | 899 |
| 2010 | 870 |
| 2011 | 863 |
| 2012 | 855 |
| 2013 | 836 |
| 2014 | 849 |
| 2015 | 843 |
| 2016 | 823 |
| 2017 | 796 |
| 2018 | 790 |
| 2019 | 805 |
| 2020 | 773 |
| 2021 | 771 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$926
Total Employees
6
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| VIRGINIA PETERSON | SEC-TREASURER | $4,134 |
| DENNIS BRASSARD | PRES | $910 |
| VERA VICTORINO | VP | $512 |
| JULIA ASHLAND | REC SECY | $0 |
| LARRY WARREN | COND/SENT | $0 |
| PHIL DILSALVER | TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023