Operating Engineers, Local 487
Basic Information
Local 487
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 | $8,872,686 |
| Total Liabilities | $0 |
| Total Income | $2,639,483 |
| Total Spent | $2,384,157 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,204,476 (+26.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $6,033,438 (-1.2%) |
| Fixed Assets | $134,772 (-1.2%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $1,500,000 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $328,480 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $1,810 |
| Loan Repayment | $0 |
| Interest | $198,320 |
| Dividends | $0 |
| Rents | $6,000 |
| Fees and Fines | $2,026,249 |
| Loans Obtained | $0 |
| Other Receipts | $50,834 |
| Affiliates | $0 |
| Members | $27,790 |
| Reinvestments | $904,435 |
| All Others | $6,834 |
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
$2,384,157
Spending Overview
Spending Breakdown
| Representational | $479,069 (20.09%) |
| Political Activities and Lobbying | $95,617 (4.01%) |
| Contributions, Gifts, and Grants | $31,300 (1.31%) |
| General Overhead | $297,976 (12.50%) |
| Union Administration | $477,814 (20.04%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $339,985 (14.26%) |
| To Union Employees | $442,946 (18.58%) |
| 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
1,437
Income per Member
$1,837
Dues (per monthly)
NA
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,001 |
| 2003 | 975 |
| 2004 | 1,022 |
| 2005 | 1,098 |
| 2006 | 1,108 |
| 2007 | 1,163 |
| 2008 | 1,539 |
| 2009 | 982 |
| 2010 | 759 |
| 2011 | 861 |
| 2012 | 912 |
| 2013 | 811 |
| 2014 | 863 |
| 2015 | 968 |
| 2016 | 1,400 |
| 2017 | 1,436 |
| 2018 | 1,720 |
| 2019 | 1,526 |
| 2020 | 1,432 |
| 2021 | 1,437 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$43,592
Total Employees
23
Employees Making more than $75,000
9
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MARK SCHAUNAMAN | BUSINESS MANAGER | $129,732 |
| SCOTT SINGER | PRESIDENT | $107,314 |
| JOHN MULLEN | VICE PRESIDENT | $105,335 |
| WALBERTO UTRERAS | FINANCIAL SECURITY | $100,594 |
| DYLAN SHERMAN | BUSINESS AGENT / DISPATCH | $94,809 |
| JAMES JUNECKO | BUSINESS REPRESENTATIVE | $87,931 |
| JONATHAN ELLINGWOOD | ORGANIZER | $83,078 |
| EYAL COHEN | ORGANIZER | $82,787 |
| LESLIE IANNUZZI | OFFICE MANAGER | $76,534 |
| VALARIE GIRMA | OFFICE ASSISTANT | $67,804 |
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
3
Source: National Labor Relations Board
Case Activity Tracking System
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Construction | 14 |
| Service | 1 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 1 |
| Not Provided | 1 |