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Aircraft Mechanics Association (FAAM)

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14001 E. ILIFF AVENUE
AURORA, CO 80014

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.

Total Assets Trend

Basic Financials

  • Total Assets?: $1,329,012.00
  • Total Liabilities?: $345,673.00
  • Total Income?: $3,680,823.00
  • Total Spent?: $3,755,734.00

» See Historical Financial Information

Assets (Change from previous report)

  • Cash?: $149,066.00 (-33.4%)
  • Accounts Receivable?: $379,152.00 (-23.6%)
  • Investments?: $778,613.00 (+3.8%)
  • Fixed Assets?: $5,637.00 (+3.8%)
  • Treasury Securities?: $0.00 (0.0%)
  • Other Assets?: $16,544.00 (+14.1%)
  • Loans Receivable?: $0.00 (0.0%)

Liabilities

  • Loans Payable?: $0.00
  • Accounts Payable?: $0.00
  • Other Liabilities?: $0.00
  • Mortgages?: $0.00

Income

  • Dues?: $0.00
  • Per Person Tax?: $0.00
  • Investments?: $0.00
  • Supplies?: $0.00
  • Loan Repayment?: $0.00
  • Interest?: $0.00
  • Dividends?: $0.00
  • Rents?: $0.00
  • Fees and Fines?: $0.00
  • Loans Obtained?: $0.00
  • Other Receipts?: $0.00
  • Affiliates?: $0.00
  • Members?: $0.00
  • Reinvestments?: $0.00
  • All Others?: $0.00

Source: Office of Labor Management Standards

Year Covered: 2012 Last Updated: October 29th, 2012

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 2012: $3,755,734.00

Search All Spending

Spending Breakdown

  • Representational?: $0.00 (0.00%)
  • Political Activities and Lobbying?: $0.00 (0.00%)
  • Contributions, Gifts, and Grants?: $0.00 (0.00%)
  • General Overhead?: $0.00 (0.00%)
  • Union Administration?: $0.00 (0.00%)
  • Strike Benefits?: $0.00 (0.00%)
  • To Union Officers?: $0.00 (0.00%)
  • To Union Employees?: $0.00 (0.00%)
  • Education?: $0.00 (0.00%)
  • Fees?: $0.00 (0.00%)

Source: Office of Labor Management Standards

Year Covered: 2012 Last Updated: October 29th, 2012

Membership

Total Members: 3,119

Membership Trend



YearMembers
200211,400
200318,167
200416,368
200513,446
200610,255
200710,223
20084,409
20092,956
20102,827
20112,787
20123,119

Income per Member: $1,180.12

Source: Office of Labor Management Standards

Year Covered: 2012 Last Updated: October 29th, 2012

Officers and Employees

  • Average Total Compensation: $80,779.62
  • Total Employees: 9
  • Employees Making more than $75,000: 3

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
STEVEN NOWAKSECRETARY/TREASURER$136,738.00
SIDNEY KEYNATIONAL DIRECTOR$120,655.00
KENNETH OSGOODASSOCIATION ACCOUNTANT$78,996.00
JACK COONRODREGION II DIRECTOR$78,861.00
FLOYD LOONEYASST. NATIONAL DIRECTOR$66,161.00
FREDERIC DIGNESAFETY & STANDARDS$61,474.00
RYANNE PELLETIERMEMBERSHIP ADMINISTRATOR$61,364.00
EARL CLARKREGION I DIRECTOR$41,988.00
$0.00

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

Year Covered: 2012 Last Updated: October 29th, 2012