Center for Union Facts logo

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 $1,363,642
Total Liabilities $140,093
Total Income $2,669,808
Total Spent $2,657,060

Total Assets Trend

Assets (Change from previous report)

Cash $427,709 (+3.1%)
Accounts Receivable $68,901 (+1.9%)
Investments $343,226 (-8.5%)
Fixed Assets $523,806 (-8.5%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $35,336
Accounts Payable $104,757
Other Liabilities $0
Mortgages $0

Income

Dues $2,033,883
Per Person Tax $0
Investments $72,000
Supplies $0
Loan Repayment $0
Interest $9,856
Dividends $0
Rents $409,892
Fees and Fines $11,626
Loans Obtained $0
Other Receipts $130,707
Affiliates $0
Members $1,844
Reinvestments $0
All Others $117,707

Source: Office of Labor Management Standards

Year Covered: 2022  •  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 $699,652 (26.33%)
Political Activities and Lobbying $5,587 (0.21%)
Contributions, Gifts, and Grants $3,706 (0.14%)
General Overhead $375,068 (14.12%)
Union Administration $174,000 (6.55%)
Strike Benefits $0 (0.00%)
To Union Officers $406,954 (15.32%)
To Union Employees $129,955 (4.89%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

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
20163,192
20173,159
20182,979
20192,920
20202,815
20212,726
20222,713

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOSEPH DIPALMAPRESIDENT$133,480
LOUIS RODRIGUEZSECRETARY TREASURER$128,538
JOSEPH DILEORECORDING SECRETARY$125,209
NICHOLAS JAYMETRUSTEE$124,041
HAROLD WELSHVICE PRESIDENT$122,664
TONIA FALCONEOFFICE MANAGER$67,811
ANGANETTE RODRIGUEZADMINISTRATIVE ASSISTANT$65,598
JUAN RIVERABUILDING CUSTODIAN$51,648
PEREZ ALFELIXTRUSTEE$4,006
NELSON FUENTESTRUSTEE$674

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023