Locomotive Engineers, Division 462
Basic Information
Local 462
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 | $28,940 |
| Total Liabilities | $0 |
| Total Income | $12,537 |
| Total Spent | $12,879 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $28,940 (-1.2%) |
| 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 | $12,534 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $3 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| 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
$12,879
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $119 (0.92%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $8,280 (64.29%) |
| To Union Employees | $74 (0.57%) |
| 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
52
Income per Member
$241
Dues (per month)
$122
Membership Trend
| Year | Members |
|---|---|
| 2002 | 38 |
| 2003 | 38 |
| 2004 | 38 |
| 2005 | 42 |
| 2006 | 41 |
| 2007 | 46 |
| 2008 | 49 |
| 2009 | 47 |
| 2010 | 42 |
| 2011 | 44 |
| 2012 | 51 |
| 2013 | 46 |
| 2014 | 47 |
| 2015 | 49 |
| 2016 | 50 |
| 2017 | 48 |
| 2018 | 52 |
| 2019 | 55 |
| 2020 | 53 |
| 2021 | 52 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$480
Total Employees
19
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRANDON BAKERS | SECRETARY-TREASURER | $2,461 |
| JOHN MORGAN | VICE LOCAL 1ST ALT GCA | $2,100 |
| NICK WAGGONER | PRESIDENT | $2,029 |
| KIP QUIRAM | LEGREPANDDELEGATE STATE | $1,666 |
| JOHN COLLINS | LOCAL CHAIR AND DELEGATE | $872 |
| ROY STEVENS JR | 1ST ALT, TRUSTEE | $0 |
| JAMES DILL | VICE S/T | $0 |
| ERICK PFAFF | 1ST TRUSTEE | $0 |
| DARRELL SCHANDORF | 2ND ALT DND | $0 |
| CASY BRUCE | 3RD TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023