Machinists, Lodge 701
Basic Information
Local 701
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 | $12,973,053 |
| Total Liabilities | $0 |
| Total Income | $9,602,536 |
| Total Spent | $11,834,479 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,761,847 (-55.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $9,635,446 (+13.2%) |
| Fixed Assets | $1,546,836 (+13.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $28,924 (+5.5%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $6,017,210 |
| Per Person Tax | $0 |
| Investments | $2,555,419 |
| Supplies | $12,476 |
| Loan Repayment | $0 |
| Interest | $32 |
| Dividends | $3,027 |
| Rents | $80,028 |
| Fees and Fines | $206,302 |
| Loans Obtained | $0 |
| Other Receipts | $602,572 |
| Affiliates | $0 |
| Members | $125,470 |
| Reinvestments | $0 |
| All Others | $38,988 |
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
$11,834,479
Spending Overview
Spending Breakdown
| Representational | $1,671,717 (14.13%) |
| Political Activities and Lobbying | $14,982 (0.13%) |
| Contributions, Gifts, and Grants | $44,000 (0.37%) |
| General Overhead | $473,579 (4.00%) |
| Union Administration | $675,302 (5.71%) |
| Strike Benefits | $2,558,277 (21.62%) |
| To Union Officers | $127,704 (1.08%) |
| To Union Employees | $1,615,349 (13.65%) |
| 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
8,175
Income per Member
$1,175
Dues (per MEMBER)
VARIES
Membership Trend
| Year | Members |
|---|---|
| 2002 | 11,722 |
| 2003 | 11,136 |
| 2004 | 10,893 |
| 2005 | 10,844 |
| 2006 | 10,985 |
| 2007 | 9,924 |
| 2008 | 10,330 |
| 2009 | 9,906 |
| 2010 | 9,491 |
| 2011 | 9,611 |
| 2012 | 9,232 |
| 2013 | 8,747 |
| 2014 | 8,744 |
| 2015 | 9,656 |
| 2016 | 9,279 |
| 2017 | 9,092 |
| 2018 | 8,938 |
| 2019 | 8,623 |
| 2020 | 8,170 |
| 2021 | 8,175 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$83,367
Total Employees
27
Employees Making more than $75,000
14
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| SAMUEL CICINELLI | DIRECTING BUSINESS REPRES | $175,863 |
| TERRY KIMMEL | ASST DIRECTING BUSINESS R | $175,026 |
| MICHAEL WENDLING | ORGANIZER | $152,259 |
| MARK GRASSESCHI | BUSINESS REPRESENTATIVE | $146,863 |
| KENNETH THOMAS | BUSINESS REPRESENTATIVE | $143,874 |
| ANTHONY ALBERGO | BUSINESS REPRESENTATIVE | $143,434 |
| WALTER EMERSON | BUSINESS REPRESENTATIVE | $143,178 |
| $139,253 | ||
| ROBERT LESSMAN | BUSINESS REPRESENTATIVE | $130,927 |
| CHRISTOPHER BECKTEL | BUSINESS REPRESENTATIVE | $126,366 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Union Decertifications
Unionized employees can elect to revoke a union's right to represent them through a process called a decertification. In order to decertify a union, a majority of the unionized employees must vote to remove the union in an election overseen by the National Labor Relations Board (NLRB).
Total Decertification Petitions
1
Source: National Labor Relations Board
Case Activity Tracking System