Machinists, Lodge 124
Basic Information
Local 124
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 | $244,702 |
| Total Liabilities | $0 |
| Total Income | $56,713 |
| Total Spent | $129,716 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $244,419 (-23.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $283 (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 | $52,654 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $2,814 |
| Loans Obtained | $0 |
| Other Receipts | $1,244 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$129,716
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $786 (0.61%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $37,211 (28.69%) |
| To Union Employees | $35,598 (27.44%) |
| Education | $0 (0.00%) |
| Fees | $6,047 (4.66%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
574
Income per Member
$99
Dues (per MEMBER)
VARIES
Membership Trend
| Year | Members |
|---|---|
| 2002 | 681 |
| 2003 | 916 |
| 2004 | 1,143 |
| 2005 | 1,260 |
| 2006 | 1,148 |
| 2007 | 1,071 |
| 2008 | 1,021 |
| 2009 | 1,013 |
| 2010 | 1,115 |
| 2011 | 1,008 |
| 2012 | 995 |
| 2013 | 901 |
| 2014 | 936 |
| 2015 | 903 |
| 2016 | 536 |
| 2017 | 541 |
| 2018 | 561 |
| 2019 | 2,770 |
| 2020 | 555 |
| 2021 | 520 |
| 2022 | 574 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$5,446
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL PASTERIS | PRESIDENT | $16,693 |
| RICHARD ADAMS | RECORDING SECRETARY | $13,640 |
| FRANK CITARELLI | SEC TREASURER | $9,062 |
| JOHN PREISLER | CONDUCTOR SENTINEL | $1,040 |
| DANIEL GREATHOUSE | TRUSTEE | $784 |
| RONALD PETERS | TRUSTEE | $784 |
| TIMOTHY O'BRIEN | VICE PRESIDENT | $784 |
| TRENTON PERRY | TRUSTEE | $784 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023