Machinists, Lodge 2462
Basic Information
Local 2462
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 | $37,824 |
| Total Liabilities | $0 |
| Total Income | $14,790 |
| Total Spent | $15,198 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $37,351 (-1.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $473 (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 | $8,260 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $50 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $2,100 |
| Loans Obtained | $0 |
| Other Receipts | $4,380 |
| 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
$15,198
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $2,073 (13.64%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $3,203 (21.08%) |
| To Union Employees | $2,946 (19.38%) |
| Education | $0 (0.00%) |
| Fees | $626 (4.12%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
69
Income per Member
$214
Dues (per Month)
$71
Membership Trend
| Year | Members |
|---|---|
| 2002 | 100 |
| 2003 | 82 |
| 2004 | 83 |
| 2005 | 80 |
| 2006 | 79 |
| 2007 | 840 |
| 2008 | 80 |
| 2009 | 80 |
| 2010 | 83 |
| 2011 | 76 |
| 2012 | 54 |
| 2013 | 53 |
| 2014 | 72 |
| 2015 | 71 |
| 2016 | 69 |
| 2017 | 75 |
| 2018 | 76 |
| 2019 | 72 |
| 2020 | 68 |
| 2021 | 69 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$746
Total Employees
5
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ERIN KOLOGE | RECORDING SECRETARY | $996 |
| FANIA BLACKWELL BANKS | VICE PRESIDENT | $852 |
| GEORGE BOYD | PRESIDENT | $852 |
| JENNIFER MENICHINI | SECRETARY TREASURER | $516 |
| KATHLEEN CARRERA | SECRETARY TREASURER | $516 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023