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Teamsters (IBT)

Teamsters

Local 53

IBT

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3460 NORTH DELAWARE AVE.
PHILADELPHIA, PA 191346311

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.

Total Assets Trend

Basic Financials

  • Total Assets?: $515,299.00
  • Total Liabilities?: $0.00
  • Total Income?: $460,089.00
  • Total Spent?: $472,749.00

» See Historical Financial Information

Assets (Change from previous report)

  • Cash?: $514,806.00 (-2.4%)
  • Accounts Receivable?: $0.00 (0.0%)
  • Investments?: $0.00 (0.0%)
  • Fixed Assets?: $493.00 (0.0%)
  • Treasury Securities?: $0.00 (0.0%)
  • Other Assets?: $0.00 (0.0%)
  • Loans Receivable?: $0.00 (0.0%)

Liabilities

  • Loans Payable?: $0.00
  • Accounts Payable?: $0.00
  • Other Liabilities?: $0.00
  • Mortgages?: $0.00

Income

  • Dues?: $0.00
  • Per Person Tax?: $406,670.00
  • Investments?: $0.00
  • Supplies?: $0.00
  • Loan Repayment?: $0.00
  • Interest?: $4,852.00
  • Dividends?: $0.00
  • Rents?: $0.00
  • Fees and Fines?: $0.00
  • Loans Obtained?: $0.00
  • Other Receipts?: $48,567.00
  • Affiliates?: $0.00
  • Members?: $0.00
  • Reinvestments?: $0.00
  • All Others?: $1,792.00

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

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 2011: $472,749.00

Search All Spending

Spending Breakdown

  • Representational?: $17,211.00 (3.64%)
  • Political Activities and Lobbying?: $8,006.00 (1.69%)
  • Contributions, Gifts, and Grants?: $0.00 (0.00%)
  • General Overhead?: $160,865.00 (34.03%)
  • Union Administration?: $187,602.00 (39.68%)
  • Strike Benefits?: $0.00 (0.00%)
  • To Union Officers?: $86,586.00 (18.32%)
  • To Union Employees?: $61,663.00 (13.04%)
  • Education?: $0.00 (0.00%)
  • Fees?: $0.00 (0.00%)

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

Membership

Total Members: 59,159

Membership Trend



YearMembers
200255,568
200363,641
200460,726
200559,458
200660,969
200756,758
200858,155
200955,242
201051,377
201159,159

Income per Member: $7.77

Dues

.61 per Month

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012

Officers and Employees

  • Average Total Compensation: $21,106.78
  • Total Employees: 9
  • Employees Making more than $75,000: 0

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
LINDA RAOBOOKKEEPER$69,325.00
WILLIAM HAMILTONPRESIDENT$26,277.00
JOHN LAIGAIESECRETARY-TREASURER$19,308.00
STEPHEN BANUSVICE PRESIDENT$13,308.00
JAMES SMITH JR.RECORDING SECRETARY$13,307.00
JOHN RYANTRUSTEE$13,307.00
DANIEL GRACETRUSTEE$13,307.00
HOWARD WELLSTRUSTEE$13,307.00
$8,515.00

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

Year Covered: 2011 Last Updated: October 29th, 2012