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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 $1,347,908
Total Liabilities $228,543
Total Income $2,356,867
Total Spent $2,407,904

Total Assets Trend

Assets (Change from previous report)

Cash $1,006,622 (-4.8%)
Accounts Receivable $37,553 (+1.5%)
Investments $260,102 (-5.9%)
Fixed Assets $43,631 (-5.9%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $227,882
Other Liabilities $661
Mortgages $0

Income

Dues $2,128,346
Per Person Tax $0
Investments $0
Supplies $211
Loan Repayment $0
Interest $8,662
Dividends $0
Rents $0
Fees and Fines $94,749
Loans Obtained $0
Other Receipts $123,042
Affiliates $0
Members $1,857
Reinvestments $0
All Others $20,309

Source: Office of Labor Management Standards

Year Covered: 2012  •  Last Updated: December 12th, 2013

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 $937,128 (38.92%)
Political Activities and Lobbying $2,994 (0.12%)
Contributions, Gifts, and Grants $7,714 (0.32%)
General Overhead $222,574 (9.24%)
Union Administration $45,176 (1.88%)
Strike Benefits $0 (0.00%)
To Union Officers $485,190 (20.15%)
To Union Employees $167,906 (6.97%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2012  •  Last Updated: December 12th, 2013

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

Source: Office of Labor Management Standards

Year Covered: 2012  •  Last Updated: December 12th, 2013

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
KENNETH BOHANSECRETARY-TREASURER$106,517
ANTHONY VALDNERPRESDENT$106,480
CHARLES D'ANGELOTRUSTEE$103,986
MICHAEL ARSIVICE PRESIDENT$100,419
HAROLD WELSHTRUSTEE$99,590
LOUIS RODRIGUEZRECORDING SECRETARY$99,395
KEVIN BIGLEYTRUSTEE$98,794
JOSEPH DILEOBUSINESS AGENT$97,608
MARIA RUSSOADMINISTRATIVE ASSISTANT$53,335
TONIA FALCONEOFFICE MANAGER$49,193

Source: Office of Labor Management Standards

Year Covered: 2012  •  Last Updated: December 12th, 2013