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Union Facts

Teamsters, Local 650

Basic Information

Local 650

Quick Facts

Address

TEAMSTERS
308 JEFFERSON
WATERLOO, IA 507042426

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 $0
Total Liabilities $0
Total Income $452,634
Total Spent $673,308

Total Assets Trend

Assets (Change from previous report)

Cash $0 (-100.0%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $0 (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 $0
Mortgages $0

Income

Dues $435,942
Per Person Tax $0
Investments $0
Supplies $341
Loan Repayment $0
Interest $3,703
Dividends $0
Rents $3,575
Fees and Fines $2,409
Loans Obtained $0
Other Receipts $6,633
Affiliates $0
Members $31
Reinvestments $0
All Others $116

Source: Office of Labor Management Standards

Year Covered: 2005  •  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.

Spending Overview

Spending Breakdown

Representational $187,613 (27.86%)
Political Activities and Lobbying $2,542 (0.38%)
Contributions, Gifts, and Grants $1,157 (0.17%)
General Overhead $276,690 (41.09%)
Union Administration $12,094 (1.80%)
Strike Benefits $0 (0.00%)
To Union Officers $121,485 (18.04%)
To Union Employees $3,793 (0.56%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2005  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
2002725
20031,265
20041,192
20050

Source: Office of Labor Management Standards

Year Covered: 2005  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
DAVID MILLERSECY-TREASURER$69,478
RONALD WHEELERTRUSTEE/BA$59,914
JANICE PARKERRECORDING SECY$32,612
$3,957
DANNY DERIFIELDTRUSTEE$1,238
ROBERT PANTHERPRESIDENT$1,034
JOHN ANDERSONTRUSTEE$803
ROGER HAUGENVICE PRESIDENT$781

Source: Office of Labor Management Standards

Year Covered: 2005  •  Last Updated: June 12th, 2023

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