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Union Facts

Machinists, Lodge 701

Basic Information

Local 701

Quick Facts

Address

MACHINISTS
450 GUNDERSEN DRIVE
CAROL STREAM, IL 60188

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 $12,908,913
Total Liabilities $0
Total Income $7,568,029
Total Spent $7,122,116

Total Assets Trend

Assets (Change from previous report)

Cash $3,948,983 (+12.7%)
Accounts Receivable $0 (0.0%)
Investments $7,030,114 (+18.1%)
Fixed Assets $1,900,854 (+18.1%)
Treasury Securities $0 (0.0%)
Other Assets $28,962 (+118.1%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $0
Mortgages $0

Income

Dues $6,189,336
Per Person Tax $0
Investments $324,000
Supplies $3,700
Loan Repayment $0
Interest $88,683
Dividends $0
Rents $78,012
Fees and Fines $220,769
Loans Obtained $0
Other Receipts $514,089
Affiliates $0
Members $149,440
Reinvestments $0
All Others $26,847

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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.

Spending Overview

Spending Breakdown

Representational $1,650,607 (23.18%)
Political Activities and Lobbying $27,059 (0.38%)
Contributions, Gifts, and Grants $59,548 (0.84%)
General Overhead $254,302 (3.57%)
Union Administration $617,043 (8.66%)
Strike Benefits $860 (0.01%)
To Union Officers $124,765 (1.75%)
To Union Employees $1,543,191 (21.67%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

YearMembers
200211,722
200311,136
200410,893
200510,844
200610,985
20079,924
200810,330
20099,906
20109,491
20119,611
20129,232
20138,747
20148,744
20159,656
20169,279
20179,092
20188,938
20198,623

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
SAMUEL CICINELLIDIRECTING BUSINESS REP$178,754
TERRY KIMMELASSISTANT DIRECTING BR$163,086
ROBERT LESSMANBUSINESS REPRESENTATIVE$151,547
RICHARD HANDLERBUSINESS REPRESENTATIVE$149,653
MARK GRASSESCHIBUSINESS REPRESENTATIVE$148,508
ARMANDO ARREOLABUSINESS REPRESENTATIVE$148,265
MICHAEL WENDLINGORGANIZER$144,588
ANTHONY ALBERGOBUSINESS REPRESENTATIVE$140,969
$128,393
KENNETH THOMASBUSINESS REPRESENTATIVE$119,954

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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).

Source: National Labor Relations Board
Case Activity Tracking System