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Union Facts

Teamsters, Local 560

Basic Information

Local 560

Quick Facts

Address

TEAMSTERS
707 SUMMIT AVENUE
UNION CITY, NJ 7087

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 $1,377,967
Total Liabilities $214,647
Total Income $2,446,693
Total Spent $2,371,431

Total Assets Trend

Assets (Change from previous report)

Cash $1,081,884 (+7.5%)
Accounts Receivable $14,197 (-62.2%)
Investments $258,995 (-0.4%)
Fixed Assets $22,891 (-0.4%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $214,427
Other Liabilities $220
Mortgages $0

Income

Dues $2,296,856
Per Person Tax $0
Investments $0
Supplies $210
Loan Repayment $0
Interest $7,461
Dividends $0
Rents $0
Fees and Fines $85,811
Loans Obtained $0
Other Receipts $54,843
Affiliates $0
Members $1,512
Reinvestments $0
All Others $14,843

Source: Office of Labor Management Standards

Year Covered: 2013  •  Last Updated: August 22nd, 2014

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.

Spending Overview

Spending Breakdown

Representational $910,611 (38.40%)
Political Activities and Lobbying $7,354 (0.31%)
Contributions, Gifts, and Grants $3,124 (0.13%)
General Overhead $205,178 (8.65%)
Union Administration $49,962 (2.11%)
Strike Benefits $0 (0.00%)
To Union Officers $482,940 (20.36%)
To Union Employees $88,088 (3.71%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2013  •  Last Updated: August 22nd, 2014

Membership

Membership Trend

YearMembers
20024,019
20033,842
20043,850
20053,103
20062,882
20073,459
20083,270
20093,569
20103,168
20113,124
20123,151
20133,239

Source: Office of Labor Management Standards

Year Covered: 2013  •  Last Updated: August 22nd, 2014

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
ANTHONY VALDNERPRESIDENT$108,834
KENNETH BOHANSECRETARY-TREASURER$102,365
HAROLD WELSHTRUSTEE$102,016
LOUIS RODRIGUEZVICE PRESIDENT$101,276
CHARLES D'ANGELOTRUSTEE$99,810
KEVIN BIGLEYTRUSTEE$98,185
JOSEPH DILEORECORDING SECRETARY$97,245
MARIA RUSSOADMINISTRATIVE ASSISTANT$54,119
TONIA FALCONEOFFICE MANAGER$51,348
MICHAEL ARSIVICE PRESIDENT$20,279

Source: Office of Labor Management Standards

Year Covered: 2013  •  Last Updated: August 22nd, 2014