report board of audits - united steelworkersof gmp members from local unions in the united states...
TRANSCRIPT
REPORT OF THE BOARD OF AUDITS
MARCH/APRIL 2017
39512_GMP_Horizons_MarApr17.indd 1 4/25/17 10:43 AM
BRUCE R. SMITH
International President
CLAUDE BEAUDIN
International Secretary-Treasurer
Director of Research and Education
RICKEY HUNTER
Vice President
BRENDA SCOTLAND
Vice President
JERRY L. COTTON
Vice President
608 East Baltimore Pike
Media, PA 19063
DONALD SEAL
Assistant to the President
DAVID DOYLE
Executive Director-Canada
P.O. Box 20133
Woodstock, Ontario N4S 8X8
Canada
EXECUTIVE OFFICERS
BRUNO CYR
RICK VITATOE
DONALD CARTER
RICHARD BAUMCRATZ
EDWARD BEDOCS
BENNETT SALLEMI
LARRY HARRIS
PETE JACKS
KIM MCNEIL
MATTHEW MCCARTY
MARK SINGLETON
INTERNATIONAL
REPRESENTATIVES
DAVID HOFFMAN
STACEY ANDERSEN
THOMAS GALLAGHER
CARLOS CONTRERAS
March/April 2017Volume 68 · Number 2 ISSN # 1065-1640 / U.S.P.S. No. 215-300 An of�cial publication of The Glass, Molders, Pottery, Plastics & Allied Workers, AFL-CIO, CLC
Glass, Molders, Pottery, Plastics & Allied Workers, AFL-CIO, CLC608 East Baltimore Pike, Media, PA. 19063 610-565-5051 · [email protected]
Copyright 2016 by Glass, Molders, Pottery, Plastics & Allied Workers, AFL-CIO, CLC. All rights reserved. No part of this periodical may be reproduced without the written consent of the Glass, Molders, Pottery, Plastics & Allied Workers.
PRINTED IN U.S.A.
In this Issue:President Smith thanks the Audit Committee and looks ahead to the USW Convention. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1–2
Fiscal Year Ending 2016 Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3–20
Local Union 219 New Of�cers and Company Insights . . . . . . . . . . . . . . . . .22–23
Published at 4801 Viewpoint Place, Cheverly, MD 20781, by the Glass, Molders, Pottery, Plastics & Allied Workers. Postage paid at Media, PA, and additional mailing of�ces. All Correspondence to HORIZONS should be sent to: 608 E. Baltimore Pike, Media, PA 19063.
Change of Address — Please use above address or email and include the following information:
• Name • New Address • Are You a Retiree?• Social Security Number • Union Number • Your Signature • Effective Date
DEATH BENEFIT DUESIn the event you leave employment seeking permanent and total disability, YOU MUST CONTINUE
PAYING YOUR DEATH BENEFIT DUES until such time as permanent and total disability status is established. As a general rule, disability determination routinely takes from 6 to 8 months. Please inform
our of�ce of such status and any overpayments will be refunded.
Do not permit your DEATH BENEFIT DUES to become delinquent over 90 days. All GMP members are responsible for making payments to maintain death bene�t eligibility. All early retirees are responsible
for payment to age 65. If you are self-paying, indicate your local union number and forward your check to:
Claude Beaudin, International Secretary-Treasurer608 E. Baltimore Pike, Media, PA 19063
Persons wishing to report a death or discuss the death bene�t may call the Death Bene�t Department at 610-565-5051 ext. 4963. Remember to update your bene�ciary
card as needed. The bene�ciary of record is solely entitled to the Death Bene�t.
All claims must be �led within �ve (5) years of death.
Change of Address
In an effort to GO GREEN
and become more environmentally
conscious, we are offering
HORIZONS online by visiting
environmentally GO GREENwww.gmpiu.org
Bruce R. SmithINTERNATIONAL PRESIDENT
39512_GMP_Horizons_MarApr17.indd 2 4/25/17 10:43 AM
BRUCE R. SMITH
International President
CLAUDE BEAUDIN
International Secretary-Treasurer
Director of Research and Education
RICKEY HUNTER
Vice President
BRENDA SCOTLAND
Vice President
JERRY L. COTTON
Vice President
608 East Baltimore Pike
Media, PA 19063
DONALD SEAL
Assistant to the President
DAVID DOYLE
Executive Director-Canada
P.O. Box 20133
Woodstock, Ontario N4S 8X8
Canada
EXECUTIVE OFFICERS
BRUNO CYR
RICK VITATOE
DONALD CARTER
RICHARD BAUMCRATZ
EDWARD BEDOCS
BENNETT SALLEMI
LARRY HARRIS
PETE JACKS
KIM MCNEIL
MATTHEW MCCARTY
MARK SINGLETON
INTERNATIONAL
REPRESENTATIVES
DAVID HOFFMAN
STACEY ANDERSEN
THOMAS GALLAGHER
CARLOS CONTRERAS
Bruce R. SmithINTERNATIONAL PRESIDENT
The Board of Audits, consisting of GMP members from local unions in the United States and
Canada, has completed its audit of the books of the GMP International Union for the �scal year ending October 31, 2016. The report of the Audit Committee is set forth in this edition of HORIZONS. I would personally like to thank the Audit Committee members, Chairman Steve Schmillen, Local 140, Johnnie Bartley, Local 40, Alda Barnes, Local 108 and Julie Lee, Local 81 for their hard work, diligence and dedication in performing their auditing task this year. I encourage every GMP member to review the report.
The USW Convention will be held in early April. The GMP will also hold its semi-annual Board meeting at the same time in Las Vegas. It is an excit-ing time for both our organizations as we prepare for our formal merger effective January 1, 2018. Our staff is hard at work preparing for our Board Meeting and the USW Convention. We expect to meet with many of our counterparts in the USW before its for-mal Convention commences to work towards a smooth merger transition. We also expect to welcome more than two hundred of our local union mem-bers in Las Vegas who will be attending the USW Convention as guests. We all look forward to participating in the USW Convention and familiarizing
ourselves with our USW colleagues and the depth of services and support it offers. The GMP will also be conduct-ing an initial organizational meeting for the GMP Council on April 11 to discuss how best to develop and imple-ment a structure for a strong, vibrant and effective Council. More details will follow on the GMP Council in our next edition of HORIZONS.
As usual, there are many controver-sies dominating the political world these days. We, in the labor move-ment, can’t be distracted from the issues that remain vital to us. Working women and men want the economy to create good jobs for all who work in America because good jobs make good lives. Hard work needs to be properly rewarded. Workers are producing more and getting less for it. We need improved wages, bene�ts and retire-ment security. The single best way to win good pay, job security, health care, a safe workplace and a secure retire-ment is through a collective bargain-ing agreement. When workers stand together, we have the power to change the economic rules.
Defeating so-called “right to work” measures pending before the federal government and state governments is a priority. We know from decades of experience that right to work equates to lower wages, fewer bene�ts and more insecurity for working people. Other issues we need to focus on are
FISCAL YEAR ENDING 2016 AND A LOOK AHEAD TO THE USW CONVENTION
continued on next page
March/ April 2017 1
39512_GMP_Horizons_MarApr17.indd 1 4/25/17 10:43 AM
PRESIDENT’S MESSAGE continuedtrade pacts, healthcare, social security, Medicare, NLRB and federal judiciary appointments. Each of these issues has the potential to harm the interests of working people. We will continue to advocate for fair trade deals that protect American manufacturing and provide for a level playing �eld for our products throughout the world. A secure future for social security and Medicare and make sure that bene�ts are not reduced and that the government, and not private pro�teers, continue to be responsible for these programs. A sane and rational health care system, which has as its goal affordable and comprehensible health care for everyone. Lastly, we need to make sure we have an independent and
ethical judiciary, including, most importantly, a Supreme Court, who understands and respects the importance of the laws and protections for working people in this country. Our voices must be heard loud and clear any time the rights of working people are being diminished or challenged. When President Trump addressed Congress in late February, he promised to level the playing �eld for American workers by restoring jobs and opportunity. We will judge this administration on actions not words.
Together with the USW we have a more signi�cant say in all of these issues and we intend to speak up and press for-ward to protect you, your families and our communities.
2 GMP Horizons
39512_GMP_Horizons_MarApr17.indd 2 4/25/17 10:43 AM
April 3, 2017 TO: All Members of the Glass, Molders, Pottery, Plastics & Allied Workers
International Union (AFL-CIO, CLC) Greetings:
This issue of the HORIZONS magazine contains the Fiscal Report of the GMP International Union for the year ending October 31, 2016.
The International Union leadership is committed to handle the organization’s financial resources prudently and act with determination on behalf of our membership. Through a constant review of expenditures, it is our goal to maintain and operate in a fiscally responsible way. By acting prudently, we are able to continually meet our obligations and serve our membership to the fullest, as you expect and deserve. Your dues monies have been and will continue to be used wisely. The Officers and staff of the GMP International Union thank you, the members, for your continued support.
In solidarity, I remain
Sincerely & fraternally,
Bruce R. Smith International President
BRS:clc
March/ April 2017 3
39512_GMP_Horizons_MarApr17.indd 3 4/25/17 10:43 AM
STAT
ISTICA
L – AN
NUAL
PERIO
D END
ING 1
0/31/2
016
LOCAL
UNION
LOCATIO
N
MEMBER
SHIP TOTA
L MEMBER
S EMPLO
YED MEMBER
S LAID OFF
TOTA
L APPREN
TICES
BUSINESS CONDITI
ONSLO
CAL UNIO
N
MEETIN
GS
LOCAL
UNION
LOCATIO
N
MEMBER
SHIP TOTA
L MEMBER
S EMPLO
YED MEMBER
S LAID OFF
TOTA
L APPREN
TICES
BUSINESS CONDITI
ONSLO
CAL UNIO
N
MEETIN
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DUTIES OF THE LOCAL UNION AUDITING COMMITTEE
Article 20, Paragraph 23. Three members, in good standing in the Local Union shall be appointed by the Local Union President as a Local Union Auditing Com-mittee whose duty it shall be to audit the accounts of the Local Financial Secretary-Treasurer and render a full and correct report to the Local Union semi-annually.
Paragraph 24. In the event of discrepancies or short-ages found in any audit, it shall be the responsibility of the Local Union Auditing Committee to report them to the International Union. The International Union shall assign an International Union Auditor to investigate the matter further and upon completion of said inves-tigation the International President shall take whatever action he deems necessary.
Paragraph 25. This Local Union Auditing Committee shall meet as soon possible after receipt of the annual report of the International Secretary-Treasurer, and shall compare the accounts of the Local Union Of�cers with the �gures appearing in the annual report, and to the Local Union whether or not the �gures agree.
Paragraph 26. All Auditing Committee reports shall be made in writing and placed in the minutes of the Local Union Recording Secretary and a copy of the annual audit sent to the International Secretary-Treasurer on forms furnished for this purpose by the International Union.
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39512_GMP_Horizons_MarApr17.indd 4 4/25/17 10:43 AM
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day
233
LEN
EXA,
KS
75
121
60
Fair
233B
CHIC
AGO,
IL
8272
100
Fair
2nd
Sund
ay
234
WAR
NER
RO
BIN
S, G
A
303
257
00
Fair
4th
Tues
day
235
CIRC
LEVI
LLE,
OH
84
840
0Go
od4t
h Tu
esda
y
236
FAIR
BURN
, GA
22
721
80
2Fa
ir4t
h W
edne
sday
237
HAZ
LETO
N, P
A
150
150
00
Fair
4th
Sund
ay
March/ April 2017 5
39512_GMP_Horizons_MarApr17.indd 5 4/25/17 10:43 AM
LOCAL
UNION
LOCATIO
N
MEMBER
SHIP TOTA
L MEMBER
S EMPLO
YED MEMBER
S LAID OFF
TOTA
L APPREN
TICES
BUSINESS CONDITI
ONSLO
CAL UNIO
N
MEETIN
GS
LOCAL
UNION
LOCATIO
N
MEMBER
SHIP TOTA
L MEMBER
S EMPLO
YED MEMBER
S LAID OFF
TOTA
L APPREN
TICES
BUSINESS CONDITI
ONSLO
CAL UNIO
N
MEETIN
GS
238B
BOYE
RTO
WN
, PA
80
800
0Go
od2n
d W
edne
sday
239*
SAPU
LPA,
OK
308
308
00
Fair
2nd
Tues
day
240
HAM
BURG
, PA
39
1722
0Po
or
241
EAST
PAL
ESTI
NE,
OH
22
193
0Fa
ir1s
t Mon
day
244
NEW
ARK,
OH
437
437
00
Good
4th
Tues
day
245
SAN
JUAN
CA
PIST
RAN
O, C
A36
360
0Go
od2n
d Tu
esda
y
247
BRO
OKV
ILLE
, PA
14
514
50
0Go
od3r
d Tu
esda
y
248
ANN
ISTO
N, A
L11
115
32
0Fa
ir2n
d Th
ursd
ay
249
SHAW
NEE
, OH
27
270
0Po
or1s
t Wed
nesd
ay
251
ATLA
NTA
, GA
3232
00
Good
2nd
Satu
rday
253*
RUST
ON
, LA
34
134
10
0Fa
ir3r
d M
onda
y
254*
MAD
ERA,
CA
28
128
10
0Fa
ir4t
h Th
ursd
ay
257B
NAS
HUA,
NH
69
690
0Po
or2n
d Fr
iday
259*
WAC
O, T
X
209
209
00
Fair
1st M
onda
y
260
ATHE
NS,
GA
141
141
00
Fair
3rd
Wed
nesd
ay
261
CED
AR G
ROVE
, WI
8181
00
Fair
3rd
Satu
rday
262
KEN
DAL
LVIL
LE, I
N
1616
02
Fair
Qua
rter
ly
263B
DUB
UQUE
, IA
93
930
0Fa
ir1s
t Mon
day
271
KAU
KAU
NA,
WI
1821
02
Poor
3rd
Thur
sday
272*
WAS
HIN
GTO
N, P
A
1818
00
Fair
Mon
thly
273
GREE
NVI
LLE,
PA
62
593
2Fa
ir2n
d Tu
esda
y
283
HOUS
TON
, TX
144
144
00
Fair
2nd
Tues
day
284*
LON
GVIE
W, T
X
2929
00
Fair
1st S
atur
day
286
MIL
L CR
EEK,
OK
49
490
0Fa
ir2n
d W
edne
sday
287
LAN
CAST
ER, P
A
168
166
20
Fair
1st T
hurs
day
289
SPO
KAN
E, W
A
351
351
00
Fair
2nd
Tues
day
291
SPAR
TAN
BURG
, SC
95
500
00
Fair
Last
Tue
sday
292
ZAN
ESVI
LLE,
OH
8080
02
Fair
3rd
Tues
day
295*
MAC
UNGI
E, P
A
77
00
Fair
3rd
Mon
day
301
MAN
ITO
WO
C, W
I 28
128
10
4Fa
ir2n
d Th
ursd
ay
302
REED
SVIL
LE, W
V11
010
212
0Go
od
304
CARE
Y, O
H
33
00
Fair
304B
BLO
SSBU
RG, P
A
547
547
00
Fair
3rd
Wed
nesd
ay
314
HEBR
ON
, OH
2525
00
Fair
316B
MIC
HIG
AN C
ITY,
IN
8282
03
Good
3rd
Wed
nesd
ay
324
ANN
ISTO
N, A
L
188
188
00
Fair
1st S
atur
day
328
CHES
TER,
WV
40
400
0Fa
ir
333*
EAST
LIV
ERPO
OL,
OH
29
290
0Fa
ir3r
d M
onda
y
337
WAS
HIN
GTO
N, P
A
1813
50
Fair
Ever
y O
ther
M
onth
339
IBER
VILL
E, P
Q
9187
40
Good
342
QUE
BEC
120
120
01
Good
Mon
thly
343
MIN
STER
, OH
61
610
0Fa
ir2n
d Th
ursd
ay
359*
FAIR
FIEL
D, IA
10
810
80
0Fa
ir2n
d M
onda
y
360
CALG
ARY,
AB
43
430
0Go
od
366*
TORO
NTO
, ON
5050
00
Fair
Qua
rter
ly
366B
WEA
THER
LY, P
A
3939
02
Fair
1st W
edne
sday
368
UTIC
A, N
Y
6262
00
Fair
Last
Wed
nesd
ay
375*
QUA
RRYV
ILLE
, PA
15
015
00
0Fa
ir
376*
COLU
MBI
A, P
A
430
430
00
Fair
380
MIN
ERVA
, OH
1010
00
Good
bi-m
onth
ly
384
LISB
ON
, OH
3636
00
Good
1st T
uesd
ay
387
SPAR
TAN
BURG
, SC
113
113
00
Fair
4th
Thur
sday
395
MO
NRO
E, G
A11
110
0Fa
ir
412
KAL
AMAZ
OO,
MI
175
175
00
Fair
2nd
Wed
nesd
ay
417
EAST
LIV
ERPO
OL,
OH
11
099
114
Poor
1st T
hurs
day
419
NEW
ELL,
WV
664
532
500
Fair
1st T
uesd
ay
421
MUS
KEGO
N, M
I40
400
0Go
odQ
uart
erly
422
HAZ
LETO
N, P
A 25
250
1Po
or3r
d Su
nday
429*
LUFK
IN, T
X 88
880
0Fa
ir2n
d Fr
iday
437
LACR
OSS
E, W
I 55
550
0Go
od1s
t Sat
urda
y
446
WO
OD
STO
CK, O
N10
085
150
Poor
2nd
Tues
day
459
WAT
ERLO
O, IA
8383
00
Fair
2nd
Tues
day
483*
ST. J
EAN
, PQ
2020
00
Fair
3 x
a ye
ar
* Dat
a co
mpi
led
from
oth
er s
ourc
es
6 GMP Horizons
39512_GMP_Horizons_MarApr17.indd 6 4/25/17 10:43 AM
INCOME – FISCAL YEAR ENDING 10/31/2016LO
CAL
UNION
LOCATIO
N
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
2 OAKLAND, CA 2,474 2 — 2,476 — —
3 STREATOR, IL 22,641 3 183 22,827 36 —
5X LAURENS, SC – closed 8/98 — — — — 24 —
6 SALEM, NJ – closed 11/15 157 — — 157 — —
6B MILWAUKEE, WI 35,560 — 74 35,634 — —
7 MILLVILLE, NJ – closed 8/15 — — 74 74 2,334 —
9B KEOKUK, IA 67,840 — 111 67,951 300 —
14 WINCHESTER, IN 116,667 5 259 116,931 464 —
14B GRAFTON, WI 9,560 — 74 9,634 — —
15 ANDERSON, SC 64,029 — 148 64,177 478 —
15Z CHATTANOOGA, TN – closed 10/91 — — — — 48 —
17 MODESTO, CA 249,980 — 962 250,942 3,908 —
17B CRESTON, IA 86,119 5 245 86,369 534 —
19 GARDENA, CA 130,747 5 259 131,011 24 —
20 NO. KANSAS CITY, MO 22,160 — 74 22,234 — —
21 SALEM, NJ – closed 3/15 — — 182 182 — —
21B HIBBING, MN 36,090 — — 36,090 — —
25 PEACHTREE CITY, GA 12,590 — — 12,590 — —
28 BROCKWAY, PA 47,405 — 74 47,479 908 —
28B TORONTO, ON. CANADA 44,412 — 148 44,560 98 —
30 PEVELY, MO 91,709 — — 91,709 246 —
32 SHELBYVILLE, IN 201,155 — 1,036 202,191 188 —
33 TOANO, VA 82,470 — — 82,470 24 —
36 LANCASTER, PA 45,140 — 137 45,277 12 —
37 GAS CITY, IN 40,920 — 296 41,216 — —
38 MARION, IN 16,605 — 185 16,790 34 —
38B ERIE, PA 3,803 — 74 3,877 10 —
39B BETHEL, CT 8,076 — — 8,076 — —
39X EL MONTE, CA – closed 9/06 — — — — 48 —
40 NEWARK, NJ 27,308 — 185 27,493 48 —
42 LAWRENCEBURG, IN 112,048 5 1,380 113,433 166 —
45B COLUMBUS, OH 312,290 — 1,480 313,770 430 —
46 PITTSBURGH, PA 4,686 — 148 4,834 — —
47X LOS ANGELES, CA – closed 9/04 — — — — 24 —
48 HENRYETTA, OK 140,485 7 148 140,640 — —
49 LONDON, ON. CANADA 61,360 — — 61,360 — —
50 SEATTLE, WA 40,178 — 148 40,326 — —
51 DEFIANCE, OH 214,219 — — 214,219 482 —
52 SANTA CLARA, CA 97,851 8 372 98,231 80 —
53 CHATTANOOGA, TN 8,113 — — 8,113 — —
54 PORT ALLEGANY, PA 65,145 32 148 65,325 383 —
57X HUNTINGTON, WV – closed 12/82 — 10 — 10 48 —
58 TYLER, TX 33,265 — 74 33,339 — —
59 TOLEDO, OH 48,982 — 148 49,130 262 —
61 EDINBORO, PA 23,590 — 74 23,664 — —
62 BESSEMER, AL 28,344 — — 28,344 8 —
March/ April 2017 7
39512_GMP_Horizons_MarApr17.indd 7 4/25/17 10:43 AM
LOCAL
UNION
LOCATIO
N
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
63 ATLANTA, GA 24,996 — 111 25,107 — —
63B MINNEAPOLIS, MN 195,436 13 740 196,189 114 —
65 WINCHESTER, IN 54,014 — — 54,014 402 —
65B BOAZ, AL 143,499 — 222 143,721 272 —
68B HAMILTON, OH 3,609 — — 3,609 — —
70 CHICAGO HEIGHTS, IL 62,146 — 364 62,510 — —
71 LINCOLN, IL 14,694 — 74 14,768 — —
73 CLEVELAND, OH 13,587 — 740 14,327 66 —
74B KELLOGG, IA – closed 2/10 — — — — 24 —
75 PORT ALLEGANY, PA 25,767 10 74 25,851 388 —
76 GLENSHAW, PA – closed 7/13 — — — — 24 —
77 DELMAR, NY 115,458 — — 115,458 24 —
80B CANASTOTA, NY 27,127 — 74 27,201 — —
81 SANTA ANA, CA 19,690 — 74 19,764 — —
85B BIRMINGHAM, AL 16,974 — 253 17,227 — —
87 SEATTLE, WA 110,252 10 962 111,224 728 —
89 DANVILLE, VA 50,507 — 148 50,655 76 —
91 JACKSONVILLE, FL 73,873 — 111 73,984 — —
96 DUNKIRK, IN 103,893 — 405 104,298 368 —
98 MIDLAND, GA 60,730 — 74 60,804 166 —
99 NEW BRIGHTON, PA 7,120 — 309 7,429 — —
101 ATLANTA, GA 73,665 — 185 73,850 — —
103 BERLIN, NJ 4,034 — 74 4,108 — —
104 ELMIRA, NY 38,964 5 296 39,265 54 —
105 ZANESVILLE, OH 32,443 — 222 32,665 195 —
107 CONNELLSVILLE, PA 31,000 — 255 31,255 172 —
108 CAMBRIDGE, ON. CANADA 29,600 — — 29,600 34 —
110 BROCKWAY, PA 136,216 8 — 136,224 1,637 —
112 PORTLAND, OR 75,021 13 — 75,034 236 —
113 BALTIMORE, MD 29,821 120 250 30,191 — —
115 MEDIA, PA 36,480 — 3,190 39,670 32 —
117 LINCOLN, IL 45,762 5 553 46,320 296 —
120 CLARION, PA – closed 9/10 — 5 — 5 — —
121 DUNKIRK, IN 42,209 — 592 42,801 242 —
121B NEENAH, WI 308,256 27 370 308,653 726 —
125B MILWAUKEE, WI 12,730 — 376 13,106 — —
127B TERRE HAUTE, IN 33,933 — 333 34,266 — —
129 SHAKOPEE, MN 113,670 20 740 114,430 — —
130 ALTOONA, PA 23,310 — — 23,310 38 —
131 JONESBORO, AR 17,588 — — 17,588 — —
132 EAST GREENVILLE, PA 63,552 — 444 63,996 14 —
137 LOS ANGELES, CA 98,728 — 592 99,320 — —
139B PORTLAND, OR 130,468 5 — 130,473 316 —
140 STREATOR, IL 74,274 — 185 74,459 334 —
141 OAKLAND, CA – closed 1/2016 2,834 — — 2,834 138 —
142 OAKLAND, CA – closed 1/2016 1,643 — — 1,643 152 —
142B MANKATO, MN 34,696 2 592 35,290 — —
143Z LAGRANGE, MO – closed 9/03 — — — — 24 —
145 BERLIN, NJ 4,735 — 74 4,809 — —
152 WHEELING, WV 37,455 23 185 37,663 — —
8 GMP Horizons
39512_GMP_Horizons_MarApr17.indd 8 4/25/17 10:43 AM
LOCAL
UNION
LOCATIO
N
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
153X WASHINGTON, PA – closed 8/84 — — — — 106 —
157 SALEM, NJ 5,676 — 148 5,824 70 —
159 ZANESVILLE, OH 7,642 — — 7,642 24 —
164 MILLWOOD, OH 3,960 — 74 4,034 30 —
164B OAKLAND, CA 179,840 10 — 179,850 1,548 —
166 DOLTON, IL 179,708 2 920 180,630 30 —
167X HAYWARD, CA – closed 11/03 — — — — 24 —
168 WINSTON-SALEM, NC 67,951 13 296 68,260 248 —
169 MILFORD, MA 90,583 25 257 90,865 40 —
172 ZANESVILLE, OH 32,148 2 327 32,477 154 —
174 STREATOR IL – closed 7/14 3,135 — — 3,135 72 —
174B WINNIPEG, MB. CANADA 45,972 — 1,280 47,252 — —
176 FLORENCE, KY 21,266 — — 21,266 72 —
177 TRACY, CA 174,337 — 805 175,142 64 —
178 ZANESVILLE, OH 67,102 — — 67,102 72 —
179 HENDERSON, NC – closed 9/08 — — — — 42 —
180 ELMIRA, NY 88,816 5 185 89,006 276 —
182B BELLEVILLE, IL 69,974 5 — 69,979 — —
182X FREEHOLD, NJ – closed 2/98 — — — — 24 —
188 CONNELLSVILLE, PA 47,280 — — 47,280 262 —
189X MARION, IN – closed 12/03 — — — — 24 —
193 WILSON, NC 118,799 3 362 119,164 692 —
195 MUSKOGEE, OK 89,226 5 222 89,453 439 —
198 CHANUTE, KS 18,137 — 74 18,211 — —
201 WAXAHACHIE, TX 154,824 — — 154,824 98 —
204 ATLANTA, GA 33,348 — 74 33,422 72 —
207 LAPEL, IN 82,470 — — 82,470 24 —
207A CROOKSVILLE, OH 20,739 — 74 20,813 54 —
208 BRADENTON, FL 24,312 — 24 24,336 — —
210 UHRICHSVILLE, OH 70,656 — 74 70,730 -65 —
212X HUNTINGTON, WV – closed 3/95 — — — — 24 —
214 HUNTSVILLE, AL 103,090 — — 103,090 — —
216 CLEBURNE, TX 135,185 — — 135,185 — —
218 BALTIMORE, MD 38,997 2 — 38,999 — —
219 MILLVILLE, NJ 94,093 3 592 94,688 400 —
220 WACO, TX 29,490 — 74 29,564 — —
222 HENDERSON, NC 105,333 — 330 105,663 68 —
223 BRANTFORD, ON. CANADA 4,120 — — 4,120 — —
226 BURLINGTON, WI 159,550 12 — 159,562 364 —
229 LIGONIER, IN – closed 9/15 84,266 — 296 84,562 192 —
231B SALT LAKE CITY, UT 4,200 — 74 4,274 — —
232 ETOWAH, TN 88,507 — 74 88,581 — —
233 LENEXA, KS 33,394 — — 33,394 68 —
233B CHICAGO, IL 29,749 — 148 29,897 144 —
234 WARNER ROBINS, GA 121,974 — 296 122,270 58 —
235 CIRCLEVILLE, OH 43,030 — 1,069 44,099 — —
236 FAIRBURN, GA 104,641 — 222 104,863 96 —
237 HAZLETON, PA 70,159 10 74 70,243 24 —
238B BOYERTOWN, PA 38,400 — — 38,400 — —
239 SAPULPA, OK 117,461 — — 117,461 — —
March/ April 2017 9
39512_GMP_Horizons_MarApr17.indd 9 4/25/17 10:43 AM
LOCAL
UNION
LOCATIO
N
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
240 HAMBURG, PA 15,280 — 222 15,502 — —
241 EAST PALESTINE, OH 10,200 — 74 10,274 18 —
243X PITTSTON, PA – closed 5/06 — — — — 28 —
244 NEWARK, OH 206,972 — 444 207,416 1,487 —
245 SAN JUAN CAPISTRANO, CA 16,640 — 251 16,891 — —
247 BROOKVILLE, PA 67,370 — 962 68,332 34 —
248 ANNISTON, AL 44,322 — 148 44,470 24 —
249 SHAWNEE, OH 12,880 — 183 13,063 — —
251 ATLANTA, GA 14,343 — — 14,343 — —
253 RUSTON, LA 132,063 — — 132,063 98 —
254 MADERA, CA 122,002 — 222 122,224 — —
256 HAMLET, NC – closed 3/10 — — — — 24 —
257B NASHUA, NH 35,862 — 185 36,047 — —
259 WACO, TX 94,192 — 403 94,595 134 —
260 ATHENS, GA 68,302 — 148 68,450 58 —
261 CEDAR GROVE, WI 41,760 — — 41,760 — —
262 KENDALLVILLE IN 7,809 — — 7,809 — —
263B DUBUQUE, IA 44,957 — 111 45,068 410 —
271 KAUKAUNA, WI 11,280 3 111 11,394 — —
272 WASHINGTON, PA 5,995 — — 5,995 — —
273 GREENVILLE, PA 25,440 — — 25,440 50 —
283 HOUSTON, TX 48,937 — 37 48,974 — —
284 LONGVIEW, TX 22,272 — 236 22,508 — —
286 MILL CREEK, OK 23,470 — — 23,470 — —
287 LANCASTER, PA 82,890 — 624 83,514 — —
289 SPOKANE, WA 152,280 10 222 152,512 78 —
291 SPARTANBURG, SC 35,541 — 148 35,689 — —
292 ZANESVILLE, OH 33,960 — 253 34,213 274 —
295 MACUNGIE, PA 520 — — 520 — —
301 MANITOWOC, WI 123,842 35 185 124,062 306 —
302 REEDSVILLE, WV 47,440 — 148 47,588 — —
304 CAREY, OH 1,661 — — 1,661 — —
304B BLOSSBURG, PA 243,670 — 408 244,078 284 —
314 NEWARK, OH 9,258 — 252 9,510 — —
316B MICHIGAN CITY, IN 37,960 — 222 38,182 — —
324 ANNISTON, AL 109,100 — — 109,100 — —
328 CHESTER, WV 18,960 — 181 19,141 14 —
333 EAST LIVERPOOL, OH 14,341 — 74 14,415 — —
337 WASHINGTON, PA 7,440 — 111 7,551 — —
339 IBERVILLE, PQ. CANADA 25,280 — 74 25,354 348 —
342 LONGUEUIL, PQ. CANADA 54,560 — 259 54,819 146 —
343 MINSTER, OH 27,942 — — 27,942 94 —
355Y TELL CITY, IN – closed 7/96 — — — — 72 —
359 FAIRFIELD, IA 94,059 — 296 94,355 — —
360 CALGARY, AB. CANADA 17,640 — 161 17,801 — —
366 TORONTO, ON. CANADA 9,359 — — 9,359 800 —
366B WEATHERLY, PA 21,995 — 74 22,069 10 —
368 UTICA, NY 31,657 — 326 31,983 40 —
375 QUARRYVILLE, PA 113,366 — 259 113,625 118 —
376 COLUMBIA, PA 206,005 — — 206,005 — —
10 GMP Horizons
39512_GMP_Horizons_MarApr17.indd 10 4/25/17 10:43 AM
LOCAL
UNION
LOCATIO
N
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
380 MINERVA, OH 4,615 — 74 4,689 — —
384 LISBON, OH 20,158 — 292 20,450 — —
387 SPARTANBURG, SC 44,848 — 331 45,179 — —
388 OTTUMWA, WA – closed 11/09 — — 74 74 — —
395 SOCIAL CIRCLE, GA 18,611 — 148 18,759 — —
412 KALAMAZOO, MI 94,759 — — 94,759 — —
417 EAST LIVERPOOL, OH 61,120 — 191 61,311 106 —
419 NEWELL, WV 282,160 — 800 282,960 224 —
421 MUSKEGON, MI 19,529 — — 19,529 78 —
422 HAZLETON, PA 14,414 2 111 14,527 42 —
429 LUFKIN, TX 640 — 185 825 — —
437 LACROSSE, WI 29,480 — — 29,480 18 —
446 WOODSTOCK, ON. CANADA 42,440 — — 42,440 — —
447Z STURGIS, MI – closed 11/05 — — — — 24 —
454 POTTSVILLE, PA – closed 9/15 — — — — 12 —
459 WATERLOO, IA 40,397 — 111 40,508 — —
483 ST. JEAN, PQ. CANADA 6,800 — 74 6,874 34 —
TOTALS $11,689,217 $495 $41,993 $11,731,705 $30,362 —
March/ April 2017 11
39512_GMP_Horizons_MarApr17.indd 11 4/25/17 10:43 AM
INT’L
DUES
WITHDRAWAL
CARDSFE
ES, SUPPLIE
S
AND MISC.
TOTA
LDEATH
DUES OTHER
RECEIP
TS
*The financial statements were prepared on a fair value basis
GENERAL FUND
International dues $10,243,843 $— $— $10,243,843 $— $—
Withdrawal cards — 495 — 495 — —
Fees and supplies — — 6,829 6,829 — —
Contract printing & misc. — — 3,498 3,498 — 132,434
Bonding — — 31,666 31,666 — —
Investment income — — — — — 67,115
Unrealized Investment Income — — — — — 301,831
DEATH BENEFICIARY FUND
International dues 576,477 — — 576,477 — —
Other death dues & miscellaneous — — — — 30,362 —
Investment income — — — — — 1,236,630
Unrealized Investment Income — — — — — 156,652
SECURITY FUND
International dues 144,816 — — 144,816 — —
Other receipts — — — — — —
Investment income — — — — — 378,113
Unrealized Investment Income — — — — — -83,641
CONFERENCE FUND
International dues 463,412 — — 463,412 — —
Unrealized Investment Income — — — — — 11,490
GMP MEMORIAL SCHOLARSHIP FUND
Contributions — — — — — 4,130
Other receipts — — — — — —
Investment income — — — — — 200,534
Unrealized Investment Income — — — — — -58,132
CONVENTION FUND
International dues 260,669 — — 260,669 — —
Convention fines — — — — — 1,200
Unrealized Investment Income — — — — — 13,287
TOTALS $11,689,217 $495 $41,993 $11,731,705 $30,362 $2,361,643
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REPORT OF THE INTERNATIONAL SECRETARY-TREASURER CLAUDE R. BEAUDIN
SUMMARY STATEMENT OF RECEIPTS AND DISBURSEMENTSFISCAL YEAR ENDED OCTOBER 31, 2016
GENERAL FUND
RECEIPTS:
International dues $10,243,843
Withdrawal cards 495
Supplies, miscellaneous, and bonding receipts 170,930
Contract printing 3,498
Investment income 67,115
*Net appreciation 301,831
Total Receipts 10,787,712
DISBURSEMENTS:
General and administrative expenses 6,131,251
Field services to members 3,348,392
Organizing expenses 5,851
Research expenses 221,415
Total Disbursements 9,706,909
EXCESS RECEIPTS TO GENERAL FUND $1,080,803
DEATH BENEFICIARY FUND
RECEIPTS:
Death dues received $607,795
Less: Death dues refunded 956
Net Death dues 606,839
Investment income 1,236,630
*Net appreciation 156,652
Total Receipts 2,000,121
DISBURSEMENTS:
Death benefits paid 1,468,248
Office expenses and supplies 183,333
Currency translation adjustment 25,335
Total Disbursements 1,676,916
EXCESS RECEIPTS TO DEATH BENEFICIARY FUND $323,205
SECURITY FUND
RECEIPTS:
International dues $144,816
Investment income 378,113
*Net appreciation (83,641)
Total Receipts 439,288
DISBURSEMENTS:
Strike benefits and expenses 111,596
Currency translation adjustment 1,526
Total Disbursements 113,122
EXCESS RECEIPTS TO SECURITY FUND $326,166
CONFERENCE FUND
RECEIPTS:
International dues $463,412
*Net appreciation 11,490
Total Receipts 474,902
DISBURSEMENTS:
Conferees’ allowances and expenses 296,088
Hotel costs 324,466
Office and miscellaneous expenses 70,862
Currency translation adjustment 8,759
Total Disbursements 700,175
EXCESS DISBURSEMENTS FROM CONFERENCE FUND $(225,273)
GMP MEMORIAL SCHOLARSHIP FUND
RECEIPTS:
Contributions/returned grants $4,130
Investment income 200,534
*Net appreciation (58,132)
Total Receipts 146,532
DISBURSEMENTS:
Scholarship grants 114,000
Office supplies and miscellaneous 9,973
Total Disbursements 123,973
EXCESS RECEIPTS TO SCHOLARSHIP FUND $22,559
SEVENTY-FIFTH CONVENTION FUND
RECEIPTS:
International dues $260,669
Convention fines 1,200
*Net appreciation 13,287
Total Receipts 275,156
DISBURSEMENTS:
75th Convention Expenses 1,005,818
Currency translation adjustment 2,855
Total Disbursements 1,008,673
EXCESS DISBURSEMENTS FROM SEVENTY-FIFTH CONVENTION FUND $(733,517)
*The financial statements were prepared on a fair value basis
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REPORT OF THE INTERNATIONAL SECRETARY-TREASURER CLAUDE R. BEAUDIN
BALANCE SHEETOCTOBER 31, 2016
*The financial statements were prepared on a fair value basis
GENERAL FUND
ASSETS
CURRENT ASSETS:
Cash in bank–United States $830,295
Cash in bank–Canada 60,572
Inter-fund transfers 1,104,543
Cash on hand 500
Prepaid expenses 209,664
Total Current Assets 2,205,574
*INVESTMENTS BY GENERAL FUND (Schedule 1 – FAIR VALUE) 12,489,186
FIXED ASSETS:
Land $73,736
Building 519,858
Leasehold improvements 45,538
Furniture and equipment 212,185
Automobiles 570,198
Total Fixed Assets 1,421,515
Less: Accumulated depreciation 1,271,940
Net Fixed Assets 149,575
Total $14,844,335
LIABILITIES AND FUND BALANCE
CURRENT LIABILITIES:
Local Union escrow funds $73,214
Unclaimed Checks 405
Telephone Equipment Agreement 3,020
Payroll taxes and other expenses 4,528
Total Current Liabilities 81,167
GENERAL FUND – OCTOBER 31, 2016 14,763,168
Total $14,844,335
DEATH BENEFICIARY FUND
ASSETS
CURRENT ASSETS:
Cash in bank–United States $187,178
Cash in bank–Canada 38,019
Inter-fund transfers (725,821)
Total Current Assets (500,624)
*INVESTMENTS BY DEATH BENEFICIARY FUND (Schedule 1 – FAIR VALUE) 44,029,218
Total $43,528,594
LIABILITIES AND FUND BALANCE
CURRENT LIABILITIES:
Escrow - Pottery Death Benefit Fund $107,850
DEATH BENEFICIARY FUND – OCTOBER 31, 2016 43,420,744
Total $43,528,594
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REPORT OF THE INTERNATIONAL SECRETARY-TREASURER CLAUDE R. BEAUDIN
BALANCE SHEETOCTOBER 31, 2016
*The financial statements were prepared on a fair value basis
SECURITY FUND
ASSETS
CURRENT ASSETS:
Cash in bank-United States $507,271
Cash in bank-Canada 25,317
Inter-fund transfers 102,476
Total Current Assets 635,064
*INVESTMENTS BY SECURITY FUND (Schedule 1 – FAIR VALUE) 12,113,846
Total 12,748,910
SECURITY FUND–OCTOBER 31, 2016 $12,748,910
CONFERENCE FUND
ASSETS
CURRENT ASSETS:
Cash in bank–United States $534,441
Cash in bank–Canada 33,311
Inter-fund transfers (210,621)
Total Current Assets 357,131
*INVESTMENTS BY CONFERENCE FUND (Schedule 1 - FAIR VALUE) 663,830
Total $1,020,961
CONFERENCE FUND–OCTOBER 31, 2016 $1,020,961
GMP MEMORIAL SCHOLARSHIP FUND
ASSETS
CURRENT ASSETS:
Cash in bank $157,724
Inter-fund transfers (37,586)
Total Current Assets 120,138
*INVESTMENTS BY GMP MEMORIAL SCHOLARSHIP FUND (Schedule 1 - FAIR VALUE). 2,089,987
Total $2,210,125
GMP MEMORIAL SCHOLARSHIP FUND–OCTOBER 31, 2016 $2,210,125
SEVENTY-FIFTH CONVENTION FUND
ASSETS
CURRENT ASSETS:
Cash in bank–United States $9,233
Cash in bank–Canada 30,947
Inter-fund transfers (232,991)
Total Current Assets (192,811)
*INVESTMENTS BY SEVENTY-FIFTH CONVENTION FUND (Schedule 1 - FAIR VALUE) 625,776
Total $432,965
SEVENTY-FIFTH CONVENTION FUND–OCTOBER 31, 2016 $432,965
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ANALYSIS OF INVESTMENTS (SCHEDULE 1)OCTOBER 31, 2016
REPORT OF THE INTERNATIONAL SECRETARY-TREASURER CLAUDE R. BEAUDIN
FAIR VALUE COST
*The financial statements were prepared on a fair value basis
GENERAL FUND
Equity Mutual Fund Investments $ 3,146,788 $2,490,298
United States Corporate Stocks 4,537,711 4,034,800
United States Corporate Stocks Non-Marketable 1,073,119 1,073,119
United States Government Agency Bonds 3,012,731 3,017,682
Money Market and other investments 718,837 693,484
Total Investments – General Fund $ 12,489,186 11,309,383
DEATH BENEFICIARY FUND
Equity Mutual Fund Investments $ 4,309,706 $ 3,098,736
United States Corporate Stocks 28,231,900 24,551,951
United States Government Agency Bonds 9,154,785 4,582,153
Money Market and other investments 2,332,827 2,302,099
Total Investments – Death Beneficiary Fund $ 44,029,218 $ 34,534,939
SECURITY FUND
Equity Mutual Fund Investments $ 5,253,013 $ 3,733,599
United States Corporate Stocks 3,037,768 2,703,951
United States Government Agency Bonds 3,770,425 3,135,939
Real Estate Mortgages, Money Market, and other investments 52,640 52,640
Total Investments – Security Fund $ 12,113,846 $ 9,626,129
CONFERENCE FUND
Equity Mutual Fund Investments $ 541,643 $ 346,793
United States Corporate Stocks 112,107 108,947
United States Government Agency Bonds 1,720 3,690
Money Market and other investments 8,360 8,360
Total Investments – Conference Fund $ 663,830 $ 467,790
GMP MEMORIAL SCHOLARSHIP FUND
Equity Mutual Fund Investments $ 1,856,609 $ 1,486,404
United States Government Agency Bonds 184,113 160,860
Money Market and other investments 48,365 48,365
Total Investments – GMP Memorial Scholarship Fund $ 2,089,087 $ 1,695,629
75TH CONVENTION FUND
Equity Mutual Fund Investments $ 569,883 $ 519,165
United States Government Agency Bonds 55,893 57,250
Total Investments – 75th Convention Fund $ 625,776 $ 576,415
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REPORT OF THE BOARD OF AUDITSTO THE OFFICERS AND MEMBERS OF THEGLASS, MOLDERS, POTTERY, PLASTICS & ALLIED WORKERS INTERNATIONAL UNIONMEDIA, PENNSYLVANIA 19063
As required by Article 14 in the Constitution, International President has appointed the Board of Audits for the �scal year ended October 31, 2016. The following members of the International Union have been appointed:
Steve Schmillen, Chairperson, Local Union 140, Streator, Illinois
Alda Barnes, Local Union 108, Cambridge, Ontario Canada
Johnnie Bartley, Local Union 40, Newark, New Jersey
Julie Lee, Local Union 81, Santa Ana, California
The Board examined and veri�ed the �nancial report, receipts, disbursements, and investments of all activities of the International Union, by making a detailed audit of all �nancial operations for the �scal year ended October 31, 2016. The Board submits the following reports:
(1) VERIFICATION OF THE ANNUAL FINANCIAL STATEMENTS
The Board reviewed the books of entry in which the dues, fees, bonding receipts and supplies received by the International Union were recorded in the computer, which in turn generated the Daily Cash Receipts Journal printouts, which were then compared to the designated bank statements.
Investment income of interest and dividends, contract printing and miscellaneous receipts were veri�ed for receipts and deposits and found correct as shown.
All disbursements for operations, services, conferences, conventions, investments and other International Union activities were paid by checks, which were recorded and prepared on the books of entry with the aid of the computer system. These canceled checks were compared to the bills for these activities and found to be ordinary and necessary, and for the bene�t of the members of the International Union.
(2) EXAMINATION OF INVESTMENTS
On Monday, February 27, 2017, the Board of Audits and the International Secretary-Treasurer, reviewed the securities held in the of�ces of the International Union, for the purpose of examining the securities of the General Fund, Death Bene�ciary Fund, Security Fund, GMP Memorial Scholarship Fund, Conference Fund and Convention Fund and listed the following:
GENERAL FUND
Equity Mutual Fund Investments $ 3,146,788 $2,490,298
United States Corporate Stocks 4,537,711 4,034,800
United States Corporate Stocks Non-Marketable 1,073,119 1,073,119
United States Government Agency Bonds 3,012,731 3,017,682
Money Market and other investments 718,837 693,484
Total Investments – General Fund $ 12,489,186 11,309,383
FAIR VALUE COST
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The physical examination of the securities agreed with the International Secretary-Treasurer’s report as of October 31, 2016.
(3) THE GENERAL FUND
The General Fund was found in agreement with the published reports of the International Secretary-Treasurer. The General Fund is the operating fund for all the ordinary and necessary activities of the International Union, which includes responsibility for all �eld services, arbitrations, legal matters and all other things pertaining to the general welfare of the entire membership from Convention to Convention.
(4) THE DEATH BENEFICIARY FUND
The Sixty-Fifth Convention held in May 1973, approved an increase in the International Dues of $1.00 per month effective July 1, 1973, which would be set aside and transferred to the Death Bene�ciary Fund, which would provide a Death Bene�t for each and every member in good standing. The Sixty-Ninth Convention increased the International Dues for the Death Bene�ciary Department to $2.00 per month effective January 1, 1993. When a member meets the requirements as set forth in the Rules and Regulations of the Death Bene�ciary Department, the member is no longer required to make contributions for bene�ts. The Board of Trustees, which is composed of the International President and the International Secretary-Treasurer, announced at the Educational Conferences
DEATH BENEFICIARY FUND
Equity Mutual Fund Investments $ 4,309,706 $ 3,098,736
United States Corporate Stocks 28,231,900 24,551,951
United States Government Agency Bonds 9,154,785 4,582,153
Money Market and other investments 2,332,827 2,302,099
Total Investments – Death Beneficiary Fund $ 44,029,218 $ 34,534,939
SECURITY FUND
Equity Mutual Fund Investments $ 5,253,013 $ 3,733,599
United States Corporate Stocks 3,037,768 2,703,951
United States Government Agency Bonds 3,770,425 3,135,939
Real Estate Mortgages, Money Market, and other investments 52,640 52,640
Total Investments – Security Fund $ 12,113,846 $ 9,626,129
CONFERENCE FUND
Equity Mutual Fund Investments $ 541,643 $ 346,793
United States Corporate Stocks 112,107 108,947
United States Government Agency Bonds 1,720 3,690
Money Market and other investments 8,360 8,360
Total Investments – Conference Fund $ 663,830 $ 467,790
GMP MEMORIAL SCHOLARSHIP FUND
Equity Mutual Fund Investments $ 1,856,609 $ 1,486,404
United States Government Agency Bonds 184,113 160,860
Money Market and other investments 48,365 48,365
Total Investments – GMP Memorial Scholarship Fund $ 2,089,087 $ 1,695,629
75TH CONVENTION FUND
Equity Mutual Fund Investments $ 569,883 $ 519,165
United States Government Agency Bonds 55,893 57,250
Total Investments – 75th Convention Fund $ 625,776 $ 576,415
FAIR VALUE COST
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held in September of 1982, that this Death Bene�t would be $2,000 on or after January 1, 1983, for all eligible participants who had not reached the age of 65 on or after January 1, 1983. This Death Bene�ciary program is possible because of the prudent management policies of the Board of Trustees and the International Staff. However, there are still some bene�ts that will only provide $125, $200, $225, $250, $350, $450, $500, $700, $1,000, or $1,500, based on the times when the paid-up bene�t became available.
During the �scal year ended October 31, 2016, the International Of�ce processed and paid 754 death bene�ts to the bene�ciaries designated by our deceased members.
The Board examined the applications for death bene�ts and veri�ed proof of death and membership in good standing for claims paid. These receipts and payments agree with the annual report. The excess receipts have been invested.
(5) THE SECURITY FUND
The Security Fund, established by Convention action in 1957, has been set up to defray the cost of necessary direct action for the bene�t of the members of the International Union.
Fifty Cents ($.50) of the International Dues presently paid monthly by each member is allocated and deposited to this Fund. The Fund was found adequate in compensating those members who were involved in strike actions, which were taken as a result of unsettled wage negotiations held during 2016.
The Board veri�ed the receipts of the Security Fund and noted the disbursements incurred as a result of the necessary direct action taken for the bene�t of the members of the International Union.
(6) THE CONFERENCE FUND
The Conference Fund, established by Convention action in 1965, has been set up to defray the costs of the Conferences and wage negotiations for the bene�t of all our Local Unions. The investment earnings in the Conference Fund accumulate in the General Fund.
The International President has allocated suf�cient funds to meet the requirements of the wage negotiations and conferences which were held during the period November 1, 2015 to October 31, 2016 and to fund the future wage negotiations and conferences which are scheduled in the following year.
The Board veri�ed the receipts of the Conference Fund and noted the disbursements incurred as a result of wage negotiations and conferences held for the bene�t of the members of the International Union as of October 31, 2016.
(7) THE GMP MEMORIAL SCHOLARSHIP FUND
The GMP Memorial Scholarship Fund is continuing its modest and stable growth each year. The International Union announced in July of 2007 that instead of eight new scholarship awards each year, there would be six new college scholarship awards and four vocational, technical, or two-year associate degree program awards. Also, the International Union announced that effective August 2007, the college awards are valued at $4,000 per year and the two-year degree certi�cate or training programs are valued at $2,000 per year (not to exceed the cost of the program). There are presently thirty-two (32) recipients from this Fund in post high school programs. All of the recipients are children of GMP members.
The members of the International Union should be very proud of this major accomplishment and should continue to contribute and support this Fund. The �gures are in agreement with the Annual Report.
(8) THE CONVENTION FUND
The Sixty-Second Convention held in March 1961 approved a Fund called the Convention Fund. This Fund has been used to defray the costs of Conventions, and the Sixty-Third Convention, the Sixty-Fourth Convention through the Sixty-Eighth Convention, the Special Merger Convention of 1988, the Sixty-Ninth Convention through the Seventy-Fifth Convention were properly funded with the dues allocations. The investment earnings in the Convention Fund accumulate in the General Fund.
(9) COMMENTS
The Board of Audits �nds that the GMP leadership, International President Bruce R. Smith, and International Secretary-Treasurer Claude R. Beaudin have continued the bold and decisive campaign to strengthen the GMP International Union �nances. They have shown a determination to protect the various funds of the International Union, with a high caliber and diversi�ed portfolio of investments in the General Fund, the Death Bene�ciary Fund, the Security Fund, the Conference Fund, the GMP Memorial Scholarship Fund and the Convention Fund. These �nancial decisions and other cost-saving measures are balanced by an equally energetic commitment to service to members, and we applaud their efforts.
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The Board wishes to thank Charles McIntyre, Local Union #17, for his years of service on the Glass, Molders, Pottery, Plastics & Allied Workers International Union Board of Audits. Also, the Board welcomes Julie Lee, Local Union #81, Santa Ana, California, as our new member to the Board.
The Board has found the GMP records in a precise, orderly and professional condition. The staff of the International Union has offered every assistance to us in our review of the Union’s �nances.
We are pleased that so many Financial Secretaries and Financial Secretary-Treasurers of the Local Unions comply with the submission of their �nancial reports in a timely manner. We urge everyone charged with these duties to meet their responsibilities.
This report is of importance to every GMP member. We heartily recommend that every GMP member read it and become aware of the �nancial strengths and needs of our International Union.
The Board of Audits �nds that the GMP, its of�cers and staff, has ably met the challenges of our times and looks forward to a future in which these plans bring renewed strength and growth to our great International Union, the Glass, Molders, Pottery, Plastics & Allied Workers.
Respectfully submitted,
_________________________ _________________________ Steve Schmillen, Chairperson Alda Barnes
_________________________ _________________________ Johnnie Bartley Julia Lee
March 1, 2017Media, PA
_________________________ _________________________ Alda BarnesSteve Schmillen, Chairperson
_________________________ Johnnie Bartley Johnnie Bartley Johnnie Bartley
March 1, 2017
Alda Barnes
_________________________ Julia Lee
Alda Barnes
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L ocal Union 219 in Millville, New Jersey is a multi-shop location representing
employees from Nipro Tube Drawing and Nipro Vial which are part of Nipro Pharmapackaging, ARC International, Gerresheimer Glass, Inc., and Wheaton Industries, Inc. The new of�cers pictured are (L-R) GMP Executive Of�cer Matt McCarty, John Johnson Treasurer, Brian Banks President, John Bonner Vice President and Teresa Rodgers Recording Secretary.
Congratulations to the new officers of
Local Union 219Nipro PharmaPackaging Americas
has two locations in Millville, Nipro Tubing Glass founded in 1965 and Nipro Vials founded in 1959. The vision of Nipro PharmaPackaging is to become the preferred partner of pharmaceutical drug manufactur-ers. The mission is to be a preferred partner to advise on and create advanced packaging solutions for early drug developments and to improve and enhance packaging solutions for existing drugs.
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ARC International is the global leader in custom tabletop solutions and a leading innovator in glassware production. ARC’s North American facility, located in Millville, NJ, is home to over 1,100 employees and designs and manufactures products for restaurants, hotels, home use and various industries. Over 1 million pieces of glass-ware are produced at the Millville facility each day for customers all over the Americas.
Gerresheimer is a leading global partner to the pharma and healthcare industry. With our specialty glass and plas-tic products, we contribute to health and well-being. The Millville, New Jersey facility is a 300,000 sq ft warehouse that is the US distribution center of moulded glass prod-ucts and distribution center of Type 1 Flint, Type 1 Amber, Type 3 Flint and Type 3 Amber glass products.
Throughout its 129-year history, WHEATON has been dedicated to supporting scienti�c advances and discovery by providing innova-tive solutions for the laboratory
research, diagnostic, and specialty pharmaceutical industries. The company’s expertise in designing and manufacturing plastic and glass containers with a wide selection of
closure systems and custom solu-tions ensures the secure storage and delivery of sensitive materials and precious biomedical specimens around the globe.
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Pictured (L-R) is Local Union 387 President Marlon Davis,
Bobby Byrd, Local Union 387 Treasurer Dorothy Salter,
Chad Stewart and GMP Executive Officer Matt McCarty.
Pictured (L-R) is Local Union 387 Treasurer Dorothy Salter,
GMP Executive Officers Matt McCarty, Local Union 387
President Marlon Davis, Alvin Young and John Henderson.
KOHLER PLANT TOUR
G MP Executive Of�cer Matt McCarty had the pleasure of touring Local Union 387,
Spartanburg, South Carolina home of Kohler Company, Inc. Founded in 1873 John Michael Kohler purchased a foundry in rural Wisconsin that produced a variety of cast-iron and steel products. Ten years later, Kohler took a product in his line, heated it to 1700°F and sprinkled it with enamel powder. Placing a picture of it in the center of his one-page catalog, he called it “a horse trough/hog scalder... when furnished with four legs will serve as a bathtub.” Kohler was in the plumbing business. Today Kohler is one of America’s oldest and largest privately held companies comprised of 32,000 associates globally.
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