Teamsters, Local 120
Basic Information
Local 120
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 | $9,220,889 |
Total Liabilities | $12,240 |
Total Income | $11,572,781 |
Total Spent | $10,899,314 |
Total Assets Trend
Assets (Change from previous report)
Cash | $5,457,456 (+14.1%) |
Accounts Receivable | $0 (0.0%) |
Investments | $9,000 (0.0%) |
Fixed Assets | $3,754,433 (0.0%) |
Treasury Securities | $0 (0.0%) |
Other Assets | $0 (0.0%) |
Loans Receivable | $0 (0.0%) |
Liabilities
Loans Payable | $0 |
Accounts Payable | $0 |
Other Liabilities | $12,240 |
Mortgages | $0 |
Income
Dues | $9,168,987 |
Per Person Tax | $0 |
Investments | $0 |
Supplies | $1,000 |
Loan Repayment | $0 |
Interest | $10,138 |
Dividends | $0 |
Rents | $36,570 |
Fees and Fines | $662,459 |
Loans Obtained | $0 |
Other Receipts | $1,693,627 |
Affiliates | $0 |
Members | $0 |
Reinvestments | $0 |
All Others | $32,316 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
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 2021
$10,899,314
Spending Overview
Spending Breakdown
Representational | $3,318,797 (30.45%) |
Political Activities and Lobbying | $128,315 (1.18%) |
Contributions, Gifts, and Grants | $294,899 (2.71%) |
General Overhead | $992,366 (9.10%) |
Union Administration | $620,663 (5.69%) |
Strike Benefits | $1,215,456 (11.15%) |
To Union Officers | $701,384 (6.44%) |
To Union Employees | $2,546,352 (23.36%) |
Education | $0 (0.00%) |
Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
10,589
Income per Member
$1,093
Dues (per MONTH)
$15 - $153
Membership Trend
Year | Members |
---|---|
2002 | 7,156 |
2003 | 8,507 |
2004 | 10,902 |
2005 | 10,319 |
2006 | 9,685 |
2007 | 10,936 |
2008 | 11,384 |
2009 | 10,553 |
2010 | 11,568 |
2011 | 11,661 |
2012 | 11,569 |
2013 | 11,362 |
2014 | 11,208 |
2015 | 11,323 |
2015 | 11,208 |
2016 | 10,982 |
2017 | 10,833 |
2018 | 11,494 |
2019 | 11,419 |
2020 | 10,619 |
2021 | 10,589 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$95,522
Total Employees
34
Employees Making more than $75,000
19
Top Ten Highest Paid Leaders
Name | Title | Total Compensation |
---|---|---|
$214,070 | ||
RICHARD ERICKSON | PRESIDENT | $143,452 |
WILLIAM WEDEBRAND | SECRETARY TREASURER | $142,088 |
JAMES HEEREN | BUSINESS AGENT | $135,138 |
TYLER BARRETT | BUSINESS AGENT | $134,519 |
KEVIN SAYLOR | BUSINESS AGENT | $133,764 |
WAYNE PERLEBERG | VP/BUS AGENT | $132,859 |
CHRIS RILEY | REC. SE./BUSINESS AGENT | $132,822 |
JOHN KLOOTWYK | BUSINESS AGENT | $131,701 |
RICHARD FREDRICK | BUSINESS AGENT | $131,547 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023