Teamsters, Local 677
Basic Information
Local 677
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 | $1,556,099 |
| Total Liabilities | $266,813 |
| Total Income | $2,124,357 |
| Total Spent | $1,840,675 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,351,784 (+26.6%) |
| Accounts Receivable | $90,500 (+4.9%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $113,815 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $1,714,277 |
| Per Person Tax | $0 |
| Investments | $1,000 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $2,331 |
| Dividends | $0 |
| Rents | $27,576 |
| Fees and Fines | $157,387 |
| Loans Obtained | $194,700 |
| Other Receipts | $27,086 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $4,978 |
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.
Total Spent in 2021
$1,840,675
Spending Overview
Spending Breakdown
| Representational | $557,100 (30.27%) |
| Political Activities and Lobbying | $4,504 (0.24%) |
| Contributions, Gifts, and Grants | $44,762 (2.43%) |
| General Overhead | $250,570 (13.61%) |
| Union Administration | $56,611 (3.08%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $386,130 (20.98%) |
| To Union Employees | $122,238 (6.64%) |
| 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
Total Members
2,358
Income per Member
$901
Dues (per MONTH)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,996 |
| 2003 | 2,018 |
| 2004 | 1,950 |
| 2005 | 2,282 |
| 2006 | 2,424 |
| 2007 | 2,190 |
| 2008 | 2,290 |
| 2009 | 2,073 |
| 2010 | 1,991 |
| 2011 | 2,205 |
| 2012 | 2,252 |
| 2013 | 2,449 |
| 2014 | 2,178 |
| 2015 | 2,597 |
| 2016 | 1,910 |
| 2017 | 2,131 |
| 2018 | 2,290 |
| 2019 | 2,167 |
| 2020 | 2,273 |
| 2021 | 2,358 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$52,478
Total Employees
13
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOHN CAPOBIANCO | SECRETARY/TREASURER / BA | $147,843 |
| MICHAEL RINALDI | PRESIDENT/BA | $118,771 |
| WILLIAM PETRUNO | PRESIDENT / BA | $109,543 |
| FRANK BONACASSIO | VICE PRESIDENT/BA | $102,339 |
| DENNIS SULLIVAN | ADMINISTRATIVE ASSISTANT | $74,180 |
| VIRGINIA VACCARO | BOOKKEEPER | $69,476 |
| JOSE ABREU | VICE PRESIDENT/BA | $24,278 |
| ROCKY DAUM | FIELD REPRESENTATIVE | $12,908 |
| STEVEN LAW | TRUSTEE | $6,391 |
| SCOTT ROSSIGNOL | RECORDING SECRETARY | $6,158 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023