Operating Engineers, Local 465
Basic Information
Local 465
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 | $2,012,095 |
| Total Liabilities | $33,156 |
| Total Income | $917,819 |
| Total Spent | $913,695 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,952,640 (+0.2%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $32,765 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $26,690 (-62.5%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $33,156 |
| Mortgages | $0 |
Income
| Dues | $875,615 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,935 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $40,269 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $5,320 |
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
$913,695
Spending Overview
Spending Breakdown
| Representational | $227,699 (24.92%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $227,248 (24.87%) |
| Union Administration | $69,350 (7.59%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $172,824 (18.91%) |
| To Union Employees | $179,365 (19.63%) |
| 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
1,043
Income per Member
$880
Dues (per pd mthly)
1/2 hr/wk
Membership Trend
| Year | Members |
|---|---|
| 2002 | 971 |
| 2003 | 662 |
| 2004 | 583 |
| 2005 | 558 |
| 2006 | 579 |
| 2007 | 637 |
| 2008 | 686 |
| 2009 | 611 |
| 2010 | 603 |
| 2011 | 729 |
| 2012 | 864 |
| 2013 | 927 |
| 2014 | 977 |
| 2015 | 1,023 |
| 2016 | 815 |
| 2017 | 888 |
| 2018 | 1,005 |
| 2019 | 1,086 |
| 2020 | 1,143 |
| 2021 | 1,223 |
| 2022 | 1,043 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$49,027
Total Employees
9
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| STEPHEN RUMBURG | PRESIDENT/BUSINESS MGR | $109,312 |
| VIRGINIA MYERS | BUSINESS AGENT | $77,288 |
| APRIL BRADSHER | OFFICE ADMINISTRATOR | $73,230 |
| KELLY CONNER | OFFICE ADMINISTRATOR | $70,048 |
| DAVID ATWATER | BUSINESS MANAGER | $63,144 |
| JOSEPH FERONE | REC. CORR. SEC/BUS. AGENT | $48,225 |
| ABIATHAR WADE | VICE PRESIDENT | $0 |
| RON MURPHY | FINANCIAL SECRETARY | $0 |
| SHAWN SANFORD | TREASURER | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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
2
Source: National Labor Relations Board
Case Activity Tracking System