Machinists, Lodge 2552
Basic Information
Local 2552
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 | $2,202,831 |
| Total Liabilities | $0 |
| Total Income | $160,492 |
| Total Spent | $235,751 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $13,467 (-84.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $1,626,401 (-13.1%) |
| Fixed Assets | $562,963 (-13.1%) |
| 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 | $125,643 |
| Per Person Tax | $0 |
| Investments | $29,000 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5,849 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $5,849 |
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
$235,751
Spending Overview
Spending Breakdown
| Representational | $24,155 (10.25%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $64,229 (27.24%) |
| Union Administration | $64,923 (27.54%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $25,571 (10.85%) |
| To Union Employees | $38,487 (16.33%) |
| 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
481
Income per Member
$334
Dues (per Week)
$5
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,200 |
| 2003 | 2,300 |
| 2004 | 2,300 |
| 2005 | 2,167 |
| 2006 | 2,300 |
| 2007 | 2,300 |
| 2008 | 1,978 |
| 2009 | 1,022 |
| 2010 | 740 |
| 2011 | 951 |
| 2012 | 735 |
| 2013 | 550 |
| 2014 | 494 |
| 2015 | 563 |
| 2016 | 574 |
| 2017 | 445 |
| 2018 | 448 |
| 2019 | 432 |
| 2020 | 419 |
| 2021 | 419 |
| 2022 | 481 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$14,318
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| GERMAN RIVERA | PRESIDENT | $17,841 |
| LIEANA IZQUIERDO | SECRETARY | $17,542 |
| MARIA BAEZ | SECRETARY | $15,332 |
| RAFAEL RODRIGUEZ | VICE PRESIDENT | $11,280 |
| $9,594 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023