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Aircraft Mechanics Association (FAAM)

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9001 AIRPORT BLVD.
HOUSTON, MO 77061

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.

Total Assets Trend

Basic Financials

  • Total Assets?: $852,571.00
  • Total Liabilities?: $0.00
  • Total Income?: $347,589.00
  • Total Spent?: $628,486.00

» See Historical Financial Information

Assets (Change from previous report)

  • Cash?: $575,704.00 (-32.7%)
  • Accounts Receivable?: $0.00 (0.0%)
  • Investments?: $276,867.00 (0.0%)
  • Fixed Assets?: $0.00 (0.0%)
  • Treasury Securities?: $0.00 (0.0%)
  • Other Assets?: $0.00 (0.0%)
  • Loans Receivable?: $0.00 (0.0%)

Liabilities

  • Loans Payable?: $0.00
  • Accounts Payable?: $0.00
  • Other Liabilities?: $0.00
  • Mortgages?: $0.00

Income

  • Dues?: $249,732.00
  • Per Person Tax?: $0.00
  • Investments?: $0.00
  • Supplies?: $0.00
  • Loan Repayment?: $0.00
  • Interest?: $11,721.00
  • Dividends?: $875.00
  • Rents?: $0.00
  • Fees and Fines?: $0.00
  • Loans Obtained?: $0.00
  • Other Receipts?: $85,261.00
  • Affiliates?: $0.00
  • Members?: $0.00
  • Reinvestments?: $0.00
  • All Others?: $4,044.00

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

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 2011: $628,486.00

Search All Spending

Spending Breakdown

  • Representational?: $35,088.00 (5.58%)
  • Political Activities and Lobbying?: $1,175.00 (0.19%)
  • Contributions, Gifts, and Grants?: $10,685.00 (1.70%)
  • General Overhead?: $39,115.00 (6.22%)
  • Union Administration?: $250,766.00 (39.90%)
  • Strike Benefits?: $0.00 (0.00%)
  • To Union Officers?: $67,593.00 (10.75%)
  • To Union Employees?: $0.00 (0.00%)
  • Education?: $0.00 (0.00%)
  • Fees?: $0.00 (0.00%)

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

Membership

Total Members: 687

Membership Trend



YearMembers
2003582
2004503
2005535
2006598
2007601
2008718
2009702
2010677
2011687

Income per Member: $505.95

Dues

Various per Monthly

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

Officers and Employees

  • Average Total Compensation: $11,265.50
  • Total Employees: 6
  • Employees Making more than $75,000: 0

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MAURICE THACKERSAFETY & STANDARDS CHAIR$21,468.00
SCOTT MCANDREWSTREASURER$12,509.00
MIKE CARRPRESIDENT$11,768.00
SCOTT HARRISVICE PRESIDENT$8,706.00
TOM NOLANSECRETARY$7,205.00
BOB CRAMERAIRLINE REPRESENTATIVE$5,937.00

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012