Machinists, Lodge 1726
Basic Information
Local 1726
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 | $513,741 |
| Total Liabilities | $357 |
| Total Income | $167,478 |
| Total Spent | $142,577 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $310,617 (+8.7%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $203,094 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $30 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $357 |
| Mortgages | $0 |
Income
| Dues | $167,469 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $9 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2021 • 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 2021
$142,577
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $1,904 (1.34%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $26,474 (18.57%) |
| To Union Employees | $1,929 (1.35%) |
| Education | $0 (0.00%) |
| Fees | $5,600 (3.93%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
906
Income per Member
$185
Dues (per 0)
$73
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,240 |
| 2003 | 1,585 |
| 2004 | 1,585 |
| 2005 | 1,448 |
| 2006 | 1,067 |
| 2007 | 1,006 |
| 2008 | 1,272 |
| 2009 | 1,272 |
| 2010 | 902 |
| 2011 | 902 |
| 2012 | 844 |
| 2013 | 837 |
| 2014 | 884 |
| 2015 | 750 |
| 2016 | 789 |
| 2017 | 1,043 |
| 2018 | 860 |
| 2019 | 889 |
| 2020 | 971 |
| 2021 | 906 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$6,619
Total Employees
4
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| MICHAEL BUCCI | PRESIDENT | $12,823 |
| ROBERT BENNETT | FINANCIAL SECRETARY | $5,701 |
| NICHOLAS PARKER | RECORDING SECRETARY | $4,920 |
| EDMUND WALSH III | VICE PRESIDENT | $3,030 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023