Machinists, Lodge 777
Basic Information
Local 777
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 | $6,084,299 |
| Total Liabilities | $0 |
| Total Income | $644,954 |
| Total Spent | $680,119 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $133,409 (-20.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $5,841,157 (+13.6%) |
| Fixed Assets | $6,094 (+13.6%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $3,639 (0.0%) |
| Loans Receivable | $100,000 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $496,722 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $130 |
| Dividends | $105,906 |
| Rents | $0 |
| Fees and Fines | $42,071 |
| Loans Obtained | $0 |
| Other Receipts | $125 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $125 |
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
$680,119
Spending Overview
Spending Breakdown
| Representational | $21,947 (3.23%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $25,581 (3.76%) |
| General Overhead | $80,623 (11.85%) |
| Union Administration | $247,383 (36.37%) |
| Strike Benefits | $9,950 (1.46%) |
| To Union Officers | $115,810 (17.03%) |
| To Union Employees | $75,995 (11.17%) |
| 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
3,205
Income per Member
$201
Dues (per Month)
$71
Membership Trend
| Year | Members |
|---|---|
| 2002 | 4,146 |
| 2003 | 4,112 |
| 2004 | 3,934 |
| 2005 | 3,824 |
| 2006 | 2,585 |
| 2007 | 2,338 |
| 2008 | 2,314 |
| 2009 | 3,220 |
| 2010 | 3,097 |
| 2011 | 3,097 |
| 2012 | 3,221 |
| 2013 | 2,999 |
| 2014 | 3,030 |
| 2015 | 3,189 |
| 2016 | 3,321 |
| 2017 | 3,268 |
| 2018 | 3,215 |
| 2019 | 3,291 |
| 2020 | 3,280 |
| 2021 | 3,205 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$25,682
Total Employees
11
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| THEODORE SCHULTE | SECRETARY/ TREASURER | $120,550 |
| AMY ROOSMANN | BOOKKEEPER | $50,882 |
| LYNN BALLMANN | BOOKKEEPER | $50,678 |
| SCOTT HARGIS | PRESIDENT | $44,275 |
| $8,327 | ||
| STEVEN WOODS | RECORDING/ SECRETARY | $3,521 |
| DAVID HILLSTEAD | VICE-PRESIDENT | $1,160 |
| MICHAEL STEINMEYER | TRUSTEE | $1,156 |
| DAVID MCMAHAN | TRUSTEE | $950 |
| JASON VAN DE RIET | CONDUCTOR/ SENTINEL | $650 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Service | 11 |
| Manufacturing | 9 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 8 |
| Maritime | 1 |
| Other | 1 |