Machinists, Lodge 2508
Basic Information
Local 2508
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 | $316,425 |
| Total Liabilities | $0 |
| Total Income | $80,330 |
| Total Spent | $60,859 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $316,425 (+6.6%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (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 | $74,681 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $70 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5,579 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$60,859
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $18,320 (30.10%) |
| To Union Employees | $8,824 (14.50%) |
| 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
712
Income per Member
$113
Dues (per month)
$70
Membership Trend
| Year | Members |
|---|---|
| 2002 | 691 |
| 2003 | 604 |
| 2004 | 602 |
| 2005 | 619 |
| 2006 | 591 |
| 2007 | 590 |
| 2008 | 597 |
| 2009 | 494 |
| 2010 | 623 |
| 2011 | 620 |
| 2012 | 608 |
| 2013 | 701 |
| 2014 | 812 |
| 2015 | 817 |
| 2016 | 804 |
| 2017 | 843 |
| 2018 | 684 |
| 2019 | 742 |
| 2020 | 698 |
| 2021 | 714 |
| 2022 | 712 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,265
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| DANIEL KEEHAN | SECRETARY TREASURER | $7,390 |
| JANETTE ASPHALL | RECORDING SECRETARY | $2,991 |
| ROBERT MACK | RECORDING SECRETARY | $2,489 |
| JOSEPH PYTEL | PRESIDENT | $2,379 |
| RICHARD SPOLAR | TRUSTEE | $1,417 |
| STANLEY DILLON | TRUSTEE | $982 |
| RICKY O'BARR | VICE PRESIDENT | $960 |
| EUGENE BEATTY | TRUSTEE | $919 |
| SALVATORE BRUNO | CONDUCTOR SENTINEL | $854 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023