Boilermakers, Lodge 242
Basic Information
Local 242
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 | $703,848 |
| Total Liabilities | $0 |
| Total Income | $783,408 |
| Total Spent | $1,118,756 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $640,777 (-34.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $63,071 (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 | $493,789 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,301 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $6,791 |
| Loans Obtained | $0 |
| Other Receipts | $279,774 |
| Affiliates | $0 |
| Members | $753 |
| Reinvestments | $0 |
| All Others | $53,323 |
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
$1,118,756
Spending Overview
Spending Breakdown
| Representational | $3,025 (0.27%) |
| Political Activities and Lobbying | $39,237 (3.51%) |
| Contributions, Gifts, and Grants | $3,115 (0.28%) |
| General Overhead | $217,182 (19.41%) |
| Union Administration | $353,114 (31.56%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $214,742 (19.19%) |
| To Union Employees | $88,229 (7.89%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
312
Income per Member
$2,511
Dues (per month)
$36
Membership Trend
| Year | Members |
|---|---|
| 2002 | 365 |
| 2003 | 347 |
| 2004 | 335 |
| 2005 | 343 |
| 2006 | 343 |
| 2007 | 275 |
| 2008 | 309 |
| 2009 | 313 |
| 2010 | 316 |
| 2011 | 296 |
| 2012 | 332 |
| 2013 | 334 |
| 2014 | 474 |
| 2015 | 474 |
| 2016 | 478 |
| 2017 | 393 |
| 2018 | 403 |
| 2019 | 374 |
| 2020 | 364 |
| 2021 | 342 |
| 2022 | 312 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$30,194
Total Employees
13
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRENT STEPHENS | BUSINESS MANAGER/SEC-TREA | $119,516 |
| SCOTT WIDDECOMBE | ASST BM/SEC-TREAS | $90,299 |
| LISA BROWN | OFFICE MANAGER | $61,247 |
| STEVEN BURGER | TRUSTEE/INSTRUCTOR | $59,461 |
| ALISON HENDERSON | OFFICE ASSISTANT | $34,976 |
| BRADLEY WOOD | INSTRUCTOR | $13,575 |
| JOHN LAINE | PRESIDENT/INSTRUCTOR | $13,275 |
| $176 | ||
| JASON BENDER | TRUSTEE | $0 |
| GEORGE MOORE | RECORDING SECRETARY | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023