Machinists, Lodge 1255 - Panhandle
Basic Information
Local 1255
(PANHANDLE)
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 | $638,001 |
| Total Liabilities | $0 |
| Total Income | $447,376 |
| Total Spent | $300,145 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $635,865 (+30.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $2,136 (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 | $436,661 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $5,537 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $5,178 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $5,178 |
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
$300,145
Spending Overview
Spending Breakdown
| Representational | $43,230 (14.40%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,802 (0.60%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $4,682 (1.56%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $27,829 (9.27%) |
| To Union Employees | $3,698 (1.23%) |
| 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
580
Income per Member
$771
Dues (per month)
varies
Membership Trend
| Year | Members |
|---|---|
| 2002 | 533 |
| 2003 | 561 |
| 2004 | 554 |
| 2005 | 557 |
| 2006 | 617 |
| 2007 | 656 |
| 2008 | 667 |
| 2009 | 441 |
| 2010 | 429 |
| 2011 | 435 |
| 2012 | 458 |
| 2013 | 443 |
| 2014 | 485 |
| 2015 | 553 |
| 2016 | 762 |
| 2017 | 531 |
| 2018 | 571 |
| 2019 | 561 |
| 2020 | 540 |
| 2021 | 521 |
| 2022 | 580 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$3,786
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| J WAGAMAN | SECRETARY TREASURER | $9,718 |
| JAY BRANDENBURG | PRESIDENT | $9,497 |
| AREVALO IGNACIO | VICE PRESIDENT | $8,646 |
| $4,118 | ||
| DANIEL GUERRA | CONDUCTOR SENTINEL | $1,137 |
| DANA LANDRUM | RECORDING SECRETARY | $959 |
| JACK MERCER | TRUSTEE | $0 |
| ROBIN HARRIS | TRUSTEE | $0 |
| TERRAL WALKER | TRUSTEE | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023