Teamsters, Local 43
Basic Information
Local 43
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 | $83,255 |
| Total Liabilities | $22,143 |
| Total Income | $247,927 |
| Total Spent | $254,813 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $299 (-95.8%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (-100.0%) |
| Fixed Assets | $82,956 (-100.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (-100.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $202,758 |
| Per Person Tax | $0 |
| Investments | $43,084 |
| Supplies | $100 |
| Loan Repayment | $0 |
| Interest | $1 |
| Dividends | $820 |
| Rents | $0 |
| Fees and Fines | $119 |
| Loans Obtained | $0 |
| Other Receipts | $572 |
| Affiliates | $473 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $572 |
Source: Office of Labor Management Standards
Year Covered: 2014 • 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 2014
$254,813
Spending Overview
Spending Breakdown
| Representational | $75,065 (29.46%) |
| Political Activities and Lobbying | $375 (0.15%) |
| Contributions, Gifts, and Grants | $956 (0.38%) |
| General Overhead | $42,784 (16.79%) |
| Union Administration | $14,995 (5.88%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $83,319 (32.70%) |
| To Union Employees | $30,402 (11.93%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2014 • Last Updated: June 12th, 2023
Membership
Total Members
598
Income per Member
$415
Dues (per month)
2-2.5 x wage
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,493 |
| 2003 | 1,431 |
| 2004 | 1,413 |
| 2005 | 1,356 |
| 2006 | 1,175 |
| 2007 | 1,265 |
| 2008 | 1,283 |
| 2009 | 893 |
| 2010 | 874 |
| 2011 | 844 |
| 2012 | 777 |
| 2013 | 638 |
| 2014 | 598 |
Source: Office of Labor Management Standards
Year Covered: 2014 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$12,636
Total Employees
9
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WESLEY GABLE | SECRETARY-TREASURER | $83,235 |
| KATHY VERBETEN | OFFICE MANAGER | $20,606 |
| CYNTHIA VANCE-SMITH | SECRETARY | $9,796 |
| DEBRA CHRISTENSEN | RECORDING SECRETARY | $30 |
| GEORGE NICKS | PRESIDENT | $22 |
| STEVE SUNDRE | VICE-PRESIDENT | $22 |
| JAMES WAROSH | TRUSTEE | $5 |
| JESSE ESCOBAR | TRUSTEE | $5 |
| $0 |
Source: Office of Labor Management Standards
Year Covered: 2014 • Last Updated: June 12th, 2023