Machinists, Lodge 1060
Basic Information
Local 1060
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 | $344,294 |
| Total Liabilities | $0 |
| Total Income | $60,886 |
| Total Spent | $64,536 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $236,367 (-1.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $107,927 (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 | $30,339 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $501 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $629 |
| Loans Obtained | $0 |
| Other Receipts | $29,417 |
| 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
$64,536
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,428 (6.86%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $19,684 (30.50%) |
| To Union Employees | $486 (0.75%) |
| Education | $0 (0.00%) |
| Fees | $2,117 (3.28%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
214
Income per Member
$285
Dues (per Month)
$67
Membership Trend
| Year | Members |
|---|---|
| 2002 | 306 |
| 2003 | 300 |
| 2004 | 300 |
| 2005 | 312 |
| 2006 | 495 |
| 2007 | 484 |
| 2008 | 475 |
| 2009 | 483 |
| 2010 | 452 |
| 2011 | 476 |
| 2012 | 293 |
| 2013 | 293 |
| 2014 | 480 |
| 2015 | 475 |
| 2016 | 279 |
| 2017 | 271 |
| 2018 | 246 |
| 2019 | 242 |
| 2020 | 232 |
| 2021 | 217 |
| 2022 | 214 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,807
Total Employees
9
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ROBERT DOUGLAS | PRESIDENT | $6,620 |
| DONALD LIEB | VICE PRESIDENT | $6,497 |
| DAVID SPEIDEL | SECRETARY TREASURER | $4,902 |
| ROBERT KOMAR | RECORDING SECRETARY | $2,834 |
| MIKE JONES | CONDUCTOR SENTINEL | $1,680 |
| BRIAN MCCARTHY | TRUSTEE | $960 |
| DAVID BAUMGARDNER | TRUSTEE | $960 |
| DANIEL BIALOWAS | TRUSTEE | $480 |
| ALEX LATHOM | TRUSTEE | $330 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Service | 11 |
| Manufacturing | 5 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 3 |