LM2 Operating Engineers Local 1 LMS# 005-121 (7/1/2004-6/30/2005)

FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT Form Approved
Office of Management and Budget
No. 1215-0188
Expires: 11-30-2006
MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR MORE IN TOTAL ANNUAL RECEIPTS AND LABOR ORGANIZATIONS IN TRUSTEESHIP

 
This report is mandatory under P.L. 86-257, as amended.  Failure to comply may result in criminal prosecution, fines, or civil penalties as provided by 29 U.S.C. 439 or 440..
READ THE INSTRUCTIONS CAREFULLY BEFORE PREPARING THIS REPORT.
For Official Use Only 1. FILE NUMBER
005-121
2. PERIOD COVERED
From 7/1/2004
Through 6/30/2005
3. (a) AMENDED - Is this an amended report:
 		 No
  (b) HARDSHIP - Filed under the hardship procedures:
 		 No
  (c) TERMINAL - This is a terminal report: No
4. AFFILIATION OR ORGANIZATION NAME
ENGINEERS, OPERATING, AFL-CIO
 
5. DESIGNATION (Local, Lodge, etc.)
LOCAL UNION
 		 6. DESIGNATION NBR
1
 
7. UNIT NAME (if any)

 
8. MAILING ADDRESS (Type or print in capital letters)
First Name
JOHN
 		 Last Name
STEGEMAN
 
P.O Box - Building and Room Number
STE 4A
 
Number and Street
475 W 115TH AVE
City
NORTHGLENN
State
CO		 ZIP Code + 4
80234-3048


9. Are your organization's records kept at its mailing address?


 		 Yes

 
Each of the undersigned, duly authorized officers of the above labor organization, declares, under penalty of perjury and other applicable penalties of law, that all of the information submitted in this report (including information contained in any accompanying documents) has been examined by the signatory and is, to the best of the undersigned individual's knowledge and belief, true, correct and complete (See Section V on penalties in the instructions.)
26. SIGNED: JOHN R STEGEMAN PRESIDENT 27. SIGNED: Theodore M Herrera TREASURER
Date: Oct 12, 2005 Contact Info:   Date: Oct 12, 2005 Contact Info:  
Form LM-2 (Revised 2003)

 
ITEMS 10 THROUGH 21 FILE NUMBER: 005-121
10. During the reporting period did the labor organization create or participate in the administration of a trust or a fund or organization, as defined in the instructions, which provides benefits for members or beneficiaries? No
11. During the reporting period did the labor organization have a Political Action Committee (PAC) fund? No
12. During the reporting period did the labor organization have an audit or review of its books and records by an outside accountant or by a parent body auditor/representative? Yes
13. During the reporting period did the labor organization discover any loss or shortage of funds or other assets? (Answer "Yes" even if there has been repayment or recovery.) No
14. What is the maximum amount recoverable under the labor organization's fidelity bond for a loss caused by any officer, employee or agent of the labor organization who handled union funds? $500,000
15. During the reporting period did the labor organization acquire or dispose of any assets in a manner other than purchase or sale? No
16. Were any of the labor organization's assets pledged as security or encumbered in any way at the end of the reporting period? No
17. Did the labor organization have any contingent liabilities at the end of the reporting period? No
18. During the reporting period did the labor organization have any changes in its constitution or bylaws, other than rates of dues and fees, or in practices/procedures listed in the instructions? No
19. What is the date of the labor organization's next regular election of officers? august, 2006
20. How many members did the labor organization have at the end of the reporting period? 526
21. What ar the labor organization's rates of dues and fees?
 
Rates of Dues and Fees
Dues/Fees Amount   Unit Minimum Maximum
(a) Regular Dues/Fees 2hrs & $7.50 per month    
(b) Working Dues/Fees 0 per      
(c) Initiation Fees 250 per      
(d) Transfer Fees 0 per      
(e) Work Permits 0 per month    

 
Form LM-2 (Revised 2003)

 
STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 005-121

 
ASSETS
 
ASSETS Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
22. Cash   $68,135 $57,665
23. Accounts Receivable 1 $0 $0
24. Loans Receivable 2 $0 $0
25. U.S. Treasury Securities   $0 $0
26. Investments 5 $0 $0
27. Fixed Assets 6 $10,332 $8,213
28. Other Assets 7 $427 $2,419
29. TOTAL ASSETS   $78,894 $68,297

 
LIABILITIES
 
LIABILITIES Schedule
Number 		Start of Reporting Period
(A) 		End of Reporting Period
(B)
30. Accounts Payable 8 $846 $1,660
31. Loans Payable 9 $0 $0
32. Mortgages Payable   $0 $0
33. Other Liabilities 10 $10,197 $8,430
34. TOTAL LIABILITIES   $11,043 $10,090
   
35. NET ASSETS $67,851 $58,207
Form LM-2 (Revised 2003)

 
STATEMENT B - RECEIPTS AND DISBURSEMENTS FILE NUMBER: 005-121

 
CASH RECEIPTS SCH AMOUNT
36. Dues and Agency Fees   $266,476
37. Per Capita Tax   $0
38. Fees, Fines, Assessments, Work Permits   $0
39. Sale of Supplies   $0
40. Interest   $892
41. Dividends   $0
42. Rents   $0
43. Sale of Investments and Fixed Assets 3 $0
44. Loans Obtained 9 $0
45. Repayments of Loans Made 2 $0
46. On Behalf of Affiliates for Transmittal to Them   $0
47. From Members for Disbursement on Their Behalf   $0
48. Other Receipts 14 $38,841
49. TOTAL RECEIPTS   $306,209
CASH DISBURSEMENTS SCH AMOUNT
50. Representational Activities 15 $96,604
51. Political Activities and Lobbying 16 $0
52. Contributions, Gifts, and Grants 17 $0
53. General Overhead 18 $84,529
54. Union Administration 19 $1,696
55. Benefits 20 $38,964
56. Per Capita Tax   $51,666
57. Strike Benefits   $0
58. Fees, Fines, Assessments, etc.   $0
59. Supplies for Resale   $0
60. Purchase of Investments and Fixed Assets 4 $1,265
61. Loans Made 2 $0
62. Repayment of Loans Obtained 9 $0
63. To Affiliates of Funds Collected on Their Behalf   $0
64. On Behalf of Individual Members   $0
65. Direct Taxes   $41,955
  
66. Subtotal   $316,679
67. Withholding Taxes and Payroll Deductions    
  67a. Total Withheld $0    
  67b. Less Total Disbursed $0    
  67c. Total Withheld But Not Disbursed   $0
68. TOTAL DISBURSEMENTS   $316,679
Form LM-2 (Revised 2003)

 
SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 2 - LOANS RECEIVABLE FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 005-121

 
Description (if land or buildings, give location)
(A) 		Cost
(B) 		Book Value
(C) 		Cash Paid
(D)
Total of all lines $1,265 $1,265 $1,265
computer $1,265 $1,265 $1,265
  14. Less Reinvestments $0
(Net Purchases total will automatically entered in Item 60) 15. Net Purchases $1,265
Form LM-2 (Revised 2003)

 
SCHEDULE 5 - INVESTMENTS FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 6 - FIXED ASSETS FILE NUMBER: 005-121

 
Description
(A) 		Cost or Other Basis
(B) 		Total Depreciation or
Amount Expensed
(C) 		Book Value
(D) 		Value
(E)
1. Land (give location) $0   $0 $0
3. Buildings (give location) $0 $0 $0 $0
5. Automobiles and Other Vehicles $26,893 $19,819 $7,074 $7,074
6. Office Furniture and Equipment $21,587 $20,448 $1,139 $5,000
7. Other Fixed Assets $0 $0 $0 $0
8. Totals of Lines 1 through 7 (Column(D) Total will be automatically entered in Item 27, Column(B)) $48,480 $40,267 $8,213 $12,074
Form LM-2 (Revised 2003)

 
SCHEDULE 7 - OTHER ASSETS FILE NUMBER: 005-121

 
Description
(A) 		Book Value
(B)
Total Other Assets (Total will be automatically entered in Item 28, Column(B)) $2,419
pre paid insurance $418
pre paid credit cards $2,001
Form LM-2 (Revised 2003)

 
SCHEDULE 8 - ACCOUNTS PAYABLE AGING SCHEDULE FILE NUMBER: 005-121

 
Entity or Individual Name
(A) 		Total Account
Payable
(B) 		90-180 Days
Past Due
(C) 		180+ Days Past
Due
(D)
 		 Liquidated Account
(E)
Total from all other accounts payable $0 $0 $0 $0
Total Accounts Payable (Column(B) Total will be automatically entered in Item 30, Column(D)) $1,660 $0 $0 $0
insurance $290 $0 $0 $0
legal $806 $0 $0 $0
office $26 $0 $0 $0
security $34 $0 $0 $0
telephone $407 $0 $0 $0
utilities $97 $0 $0 $0
Form LM-2 (Revised 2003)

 
SCHEDULE 9 - LOANS PAYABLE FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 10 - OTHER LIABILITIES FILE NUMBER: 005-121

 
Description
(A) 		Amount at End of Period
(B)
Total Other Liabilities (Total will be automatically entered in Item 33, Column(D)) $8,430
payroll taxes payable $638
pension fund payable $900
per capita tax payable $4,540
health & welfare payable $1,164
accrued salaries payable $1,188
Form LM-2 (Revised 2003)

 
SCHEDULE 11 - ALL OFFICERS AND DISBURSEMENTS TO OFFICERS FILE NUMBER: 005-121

 
  (A)
Name		 (B)
Title		 (C)
Status		 (D)
Gross Salary
Disbursements
(before any
deductions) 		(E)
Allowances
Disbursed 		(F)
Disbursements for Official Business 		(G)
Other
Disbursements not reported in
(D) thru (F) 		(H)
TOTAL
A
B
C 		william     lingerfelt
business mgr
P		 $12,271 $0 $0 $0 $12,271
I
Schedule 15
Representational Activities 		98 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		2 %
A
B
C 		john     stegeman
bus mgr/ pres
C		 $35,477 $0 $0 $0 $35,477
I
Schedule 15
Representational Activities 		98 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		2 %
Total Officer Disbursements $47,748 $0 $0 $0 $47,748
Less Deductions          
Net Disbursements         $47,748
Form LM-2 (Revised 2003)

 
SCHEDULE 12 - DISBURSEMENTS TO EMPLOYEES FILE NUMBER: 005-121

 
  (A)
Name		 (B)
Title		 (C)
Other Payer		 (D)
Gross Salary
Disbursements
(before any
deductions) 		(E)
Allowances Disbursed 		(F)
Disbursements for Official Business 		(G)
Other Disbursements not reported in
(D) thru (F) 		(H)
TOTAL
A
B
C 		theodore     herrera
business agent
business agent		 $37,027 $0 $0 $0 $37,027
I
Schedule 15
Representational Activities 		98 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		0 % Schedule 19
Administration 		2 %
A
B
C 		shawna     rossi
office
office		 $8,559 $0 $0 $0 $8,559
I
Schedule 15
Representational Activities 		0 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		100 % Schedule 19
Administration 		0 %
A
B
C 		breyanna     demarco
office
office		 $11,802 $0 $0 $0 $11,802
I
Schedule 15
Representational Activities 		0 % Schedule 16
Political Activities and Lobbying 		0 % Schedule 17
Contributions 		0 % Schedule 18
General Overhead 		100 % Schedule 19
Administration 		0 %
TOTALS RECEIVED BY EMPLOYEES MAKING LESS THAN $10000 $0 $0 $0 $0 $0
I Schedule 15
Representational Activities 		% Schedule 16
Political Activities and Lobbying 		% Schedule 17
Contributions 		% Schedule 18
General Overhead 		% Schedule 19
Administration 		%
Total Employee Disbursements $57,388 $0 $0 $0 $57,388
Less Deductions          
Net Disbursements         $57,388
Form LM-2 (Revised 2003)

 
SCHEDULE 13 - MEMBERSHIP STATUS FILE NUMBER: 005-121

 
Category of Membership
(A) 		Number
(B) 		Voting Eligibility
(C)
Members 526  
Agency Fee Payers*    
Total Members/Fee Payers 526  
*Agency Fee Payers are not considered members of the labor organization.
regular members 526 Yes
Form LM-2 (Revised 2003)

 
DETAILED SUMMARY PAGE - SCHEDULES 14 THROUGH 19 FILE NUMBER: 005-121

 
SCHEDULE 14   OTHER RECEIPTS
1. Named Payer Itemized Receipts $38,841
2. Named Payer Non-itemized Receipts $0
3. All Other Receipts  
4. Total Receipts $38,841
     
     
 
SCHEDULE 17   CONTRIBUTIONS, GIFTS & GRANTS
1. Named Payee Itemized Disbursements $0
2. Named Payee Non-itemized Disbursements $0
3. To Officers $0
4. To Employees $0
5. All Other Disbursements  
6. Total Disbursements $0
SCHEDULE 15   REPRESENTATIONAL ACTIVITIES
1. Named Payee Itemized Disbursements $13,525
2. Named Payee Non-itemized Disbursements $0
3. To Officers $46,793
4. To Employees $36,286
5. All Other Disbursements  
6. Total Disbursements $96,604
 
SCHEDULE 18   GENERAL OVERHEAD
1. Named Payee Itemized Disbursements $64,168
2. Named Payee Non-itemized Disbursements $0
3. To Officers $0
4. To Employees $20,361
5. All Other Disbursements  
6. Total Disbursements $84,529
     
SCHEDULE 16   POLITICAL ACTIVITIES AND LOBBYING
1. Named Payee Itemized Disbursements $0
2. Named Payee Non-itemized Disbursements $0
3. To Officers $0
4. To Employees $0
5. All Other Disbursements  
6. Total Disbursement $0
 
SCHEDULE 19   UNION ADMINISTRATION
1. Named Payee Itemized Disbursements $0
2. Named Payee Non-itemized Disbursements $0
3. To Officers $955
4. To Employees $741
5. All Other Disbursements  
6. Total Disbursements $1,696
Form LM-2 (Revised 2003)

 
SCHEDULE 14 - OTHER RECEIPTS FILE NUMBER: 005-121

 
Name and Address
(A)
oper engineers


northglenn
CO
80234
Type or Classification
(B)
other recpts
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions $38,841
Total Non-Itemized Transactions  
Total of All Transactions $38,841
grants 06/30/2005 $38,841
Form LM-2 (Revised 2003)

 
SCHEDULE 15 - REPRESENTATIONAL ACTIVITIES FILE NUMBER: 005-121

 
Name and Address
(A)
oper engineers


northglenn
CO
80234
Type or Classification
(B)
rep activities
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions $13,525
Total Non-Itemized Transactions  
Total of All Transactions $13,525
legal expenses 06/30/2005 $4,850
 
negotiations, contracts 06/30/2005 $8,675
 
Form LM-2 (Revised 2003)

 
SCHEDULE 16 - POLITICAL ACTIVITIES AND LOBBYING FILE NUMBER 005-121

 
There was no data found for this schedule.

 
SCHEDULE 17 - CONTRIBUTIONS, GIFTS & GRANTS FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 18 - GENERAL OVERHEAD FILE NUMBER: 005-121

 
Name and Address
(A)
overhead expenses


northglenn
CO
80234
Type or Classification
(B)
gen overhead
Purpose
(C) 		Date
(D) 		Amount
(E)
Total Itemized Transactions $64,168
Total Non-Itemized Transactions  
Total of All Transactions $64,168
legal expenses 06/30/2005 $2,964
lost time reimb 06/30/2005 $11,497
office and admin exp (5000) 06/30/2005 $35,092
rent 06/30/2005 $14,615
Form LM-2 (Revised 2003)

 
SCHEDULE 19 - UNION ADMINISTRATION FILE NUMBER: 005-121

 
There was no data found for this schedule.

 
SCHEDULE 20 - BENEFITS FILE NUMBER: 005-121

 
Description
(A) 		To Whom Paid
(B) 		Amount
(C)
Total Benefits $38,964
central pension central pension $9,882
general pension general pension $13,950
health & welfare payable health & welfare payable $15,132
Form LM-2 (Revised 2003)


 
69. ADDITIONAL INFORMATION SUMMARY FILE NUMBER: 005-121


Question 12: audit by independent CPA firm, McGraw & McGraw CPA PC

Schedule 13 : regular full dues paying members
 
 
Form LM-2 (Revised 2003)