Machinists, Lodge 88
Basic Information
Local 88
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 | $500,274 |
| Total Liabilities | $0 |
| Total Income | $55,238 |
| Total Spent | $31,473 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $361,698 (+7.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $138,576 (+2.9%) |
| Fixed Assets | $0 (+2.9%) |
| 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 | $54,728 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $510 |
| 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
$31,473
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,445 (4.59%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $7,374 (23.43%) |
| To Union Employees | $8,730 (27.74%) |
| 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
220
Income per Member
$251
Dues (per MONTH)
ONCE
Membership Trend
| Year | Members |
|---|---|
| 2002 | 635 |
| 2003 | 597 |
| 2004 | 583 |
| 2005 | 583 |
| 2006 | 539 |
| 2007 | 566 |
| 2008 | 532 |
| 2009 | 533 |
| 2010 | 649 |
| 2011 | 291 |
| 2012 | 297 |
| 2013 | 642 |
| 2014 | 605 |
| 2015 | 249 |
| 2016 | 171 |
| 2017 | 279 |
| 2018 | 274 |
| 2019 | 268 |
| 2020 | 259 |
| 2021 | 220 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,176
Total Employees
7
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| TODD RASHLEIGH | SEC TREASURER | $3,499 |
| MIKE DUFFY | VICE PRESIDENT | $2,432 |
| MIKE SWOBODA | PRESIDENT | $960 |
| TOM REGAN | VICE PRESIDENT | $720 |
| MICHAEL FAIRCHILD | TRUSTEE | $220 |
| CHRIS HUNTER | REC SECRETARY | $200 |
| JOE CAMPBELL | TRUSTEE | $199 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023