Machinists, Lodge 1947
Basic Information
Local 1947
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 | $604,135 |
| Total Liabilities | $0 |
| Total Income | $431,075 |
| Total Spent | $412,203 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $592,365 (+3.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $4,528 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $7,242 (+266.3%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $415,227 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $61 |
| Loan Repayment | $0 |
| Interest | $703 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $49 |
| Loans Obtained | $0 |
| Other Receipts | $15,035 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $15,035 |
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
$412,203
Spending Overview
Spending Breakdown
| Representational | $203,613 (49.40%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $27,631 (6.70%) |
| General Overhead | $6,790 (1.65%) |
| Union Administration | $113,594 (27.56%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $94,646 (22.96%) |
| To Union Employees | $112,228 (27.23%) |
| 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
3,883
Income per Member
$111
Dues (per Month)
$69
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,029 |
| 2003 | 1,864 |
| 2004 | 1,967 |
| 2005 | 2,695 |
| 2006 | 2,617 |
| 2007 | 2,529 |
| 2008 | 2,371 |
| 2009 | 2,091 |
| 2010 | 2,200 |
| 2011 | 2,426 |
| 2012 | 2,661 |
| 2013 | 2,920 |
| 2014 | 2,898 |
| 2015 | 2,861 |
| 2016 | 3,005 |
| 2017 | 3,150 |
| 2018 | 3,480 |
| 2019 | 3,340 |
| 2020 | 3,196 |
| 2021 | 3,578 |
| 2022 | 3,883 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$24,893
Total Employees
10
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $140,573 | ||
| JONATHAN BEAHM | SECRETARY TREASURER | $54,623 |
| BRIAN PROMEN | RECORDING SECRETARY | $11,507 |
| ERNST SCHNOOK | TRUSTEE | $10,395 |
| JUSTIN BADER | PRESIDENT | $8,409 |
| PAUL WALKER | PRESIDENT | $8,373 |
| LISA ZARECKI | CONDUCTOR SENTINEL | $8,185 |
| BENJAMIN DECKER | TRUSTEE | $3,844 |
| STEVEN KIRCHHOFF | TRUSTEE | $1,986 |
| KEITH JOSEPH | VICE-PRESIDENT | $1,038 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023