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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 $1,370,821
Total Liabilities $230,394
Total Income $2,465,093
Total Spent $2,606,059

Total Assets Trend

Assets (Change from previous report)

Cash $584,808 (-19.4%)
Accounts Receivable $38,741 (-13.6%)
Investments $591,331 (+11.0%)
Fixed Assets $155,120 (+11.0%)
Treasury Securities $0 (0.0%)
Other Assets $821 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $24,715
Accounts Payable $205,679
Other Liabilities $0
Mortgages $0

Income

Dues $2,263,895
Per Person Tax $0
Investments $56,289
Supplies $19
Loan Repayment $0
Interest $12,742
Dividends $0
Rents $0
Fees and Fines $92,320
Loans Obtained $26,734
Other Receipts $11,857
Affiliates $0
Members $1,237
Reinvestments $500
All Others $11,857

Source: Office of Labor Management Standards

Year Covered: 2015  •  Last Updated: November 15th, 2016

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 $852,361 (32.71%)
Political Activities and Lobbying $2,064 (0.08%)
Contributions, Gifts, and Grants $5,828 (0.22%)
General Overhead $233,351 (8.95%)
Union Administration $78,896 (3.03%)
Strike Benefits $0 (0.00%)
To Union Officers $469,401 (18.01%)
To Union Employees $120,907 (4.64%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2015  •  Last Updated: November 15th, 2016

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
20143,326
20153,292

Source: Office of Labor Management Standards

Year Covered: 2015  •  Last Updated: November 15th, 2016

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
ANTHONY VALDNERPRESIDENT$106,892
JOSEPH DIPALMATRUSTEE$105,310
LOUIS RODRIGUEZSECRETARY-TREASURER$104,403
JOSEPH DILEORECORDING SECRETARY$102,582
HAROLD WELSHVICE PRESIDENT$101,999
KEVIN BIGLEYTRUSTEE$99,774
CHARLES D'ANGELOTRUSTEE$91,793
TONIA FALCONEOFFICE MANAGER$57,048
MARIA RUSSOADMINISTRATIVE ASSISTANT$54,112
ANGANETTE RODRIGUEZCLERICAL$53,649

Source: Office of Labor Management Standards

Year Covered: 2015  •  Last Updated: November 15th, 2016