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Union Facts

Machinists, Lodge 126

Basic Information

Local 126

Quick Facts

Address

MACHINISTS
15 SPINNING WHEEL RD. #424
HINSDALE, IL 60521

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 $872,918
Total Liabilities $42,384
Total Income $682,349
Total Spent $766,768

Total Assets Trend

Assets (Change from previous report)

Cash $318,041 (-21.0%)
Accounts Receivable $4,312 (-88.2%)
Investments $379,619 (+12.9%)
Fixed Assets $9,100 (+12.9%)
Treasury Securities $157,669 (-8.8%)
Other Assets $4,177 (+28.3%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $31,277
Other Liabilities $11,107
Mortgages $0

Income

Dues $618,632
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $14,151
Dividends $0
Rents $0
Fees and Fines $11,693
Loans Obtained $0
Other Receipts $37,873
Affiliates $0
Members $0
Reinvestments $928,799
All Others $20,796

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 $155,811 (20.32%)
Political Activities and Lobbying $1,559 (0.20%)
Contributions, Gifts, and Grants $34,698 (4.53%)
General Overhead $30,848 (4.02%)
Union Administration $147,212 (19.20%)
Strike Benefits $0 (0.00%)
To Union Officers $42,083 (5.49%)
To Union Employees $125,642 (16.39%)
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
20021,116
20031,073
2004656
20051,075
20061,104
20071,099
20081,109
20091,071
2010957
2011948
2012926
2013932
2014929
2015888
2016883
2017895
2018912
2019900

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JEFFREY ADAIRORGANIZER$65,669
KATHLEEN CUSACKOFFICE MANAGER$60,930
$24,346
PHILIP VARNAGISSECRETARY-TREASURER$23,046
JENNIFER MALONEYOFFICE ASSISTANT$10,774
JORGE HERRADARECORDING SECRETARY$9,638
JOSEPH POPECONDUCTOR/SENTINEL$3,804
BERNARD JIRICEKPRESIDENT$3,191
TOM BEDNAREKVICE PRESIDENT$2,756
DENIS O'CONNELLEXECUTIVE BOARD$1,602

Source: Office of Labor Management Standards

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

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Construction10
Manufacturing6
Communications3