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Union Facts

Teamsters, Local 469

Basic Information

Local 469

Quick Facts

Address

TEAMSTERS
3400 Executive Plaza
Hazlet, NJ 7730

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 $1,207,476
Total Liabilities $317,602
Total Income $2,155,792
Total Spent $2,028,659

Total Assets Trend

Assets (Change from previous report)

Cash $1,014,428 (+14.3%)
Accounts Receivable $121,341 (-2.2%)
Investments $0 (0.0%)
Fixed Assets $71,707 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $261,235
Accounts Payable $56,367
Other Liabilities $0
Mortgages $0

Income

Dues $1,837,344
Per Person Tax $0
Investments $0
Supplies $1,333
Loan Repayment $0
Interest $978
Dividends $0
Rents $0
Fees and Fines $40,912
Loans Obtained $265,366
Other Receipts $9,859
Affiliates $0
Members $0
Reinvestments $0
All Others $2,983

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.

Spending Overview

Spending Breakdown

Representational $682,304 (33.63%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $4,750 (0.23%)
General Overhead $160,720 (7.92%)
Union Administration $97,176 (4.79%)
Strike Benefits $0 (0.00%)
To Union Officers $519,127 (25.59%)
To Union Employees $73,090 (3.60%)
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

Membership Trend

YearMembers
20023,060
20032,905
20042,837
20052,536
20062,484
20072,498
20083,027
20093,043
20103,423
20113,548
20123,413
20133,101
20142,998
20153,051
20163,209
20173,920
20184,156
20194,172
20203,946
20213,735

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
MICHAEL BRODERICKPRESIDENT$131,267
MICHAEL TKATCHVICE PRESIDENT$125,119
KEVIN O CONNORTRUSTEE$124,269
VINCENT MINICHINOSECRETARY-TREASURER$118,022
CHRISTINA MONTORIORECORDING SECRETARY$108,679
FREDRICK POTTERPRESIDENT$70,523
MARY KAISERTITAN OPERATOR$53,900
JOSEPH MORGANTRUSTEE$32,214
GEORGENEA POTTERBOOKKEEPER$25,921
$6,520

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Union Decertifications

Unionized employees can elect to revoke a union's right to represent them through a process called a decertification. In order to decertify a union, a majority of the unionized employees must vote to remove the union in an election overseen by the National Labor Relations Board (NLRB).

Source: National Labor Relations Board
Case Activity Tracking System