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