Teamsters, Local 485
Basic Information
Local 485
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 | $211,008 |
| Total Liabilities | $8,658 |
| Total Income | $23,677 |
| Total Spent | $46,501 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $186,822 (-10.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $20,581 (+0.8%) |
| Fixed Assets | $2,981 (+0.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $624 (+22.1%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $22,817 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $469 |
| Dividends | $44 |
| Rents | $0 |
| Fees and Fines | $346 |
| Loans Obtained | $0 |
| Other Receipts | $1 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2004 • 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 2004
$46,501
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $60 (0.13%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $11,189 (24.06%) |
| To Union Employees | $2,331 (5.01%) |
| Education | $0 (0.00%) |
| Fees | $7,531 (16.20%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023
Membership
Total Members
565
Income per Member
$42
Membership Trend
| Year | Members |
|---|---|
| 2002 | 528 |
| 2003 | 517 |
| 2004 | 565 |
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$2,133
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| RICHARD GRABOWSKI | SECRETARY-TREAS | $11,197 |
| KATHRYN LAROCK | OFFICE SECRETARY | $2,957 |
| PAUL TAORMINA | PRESIDENT | $1,912 |
| CHARLES JACKSON | TRUSTEE | $200 |
| JAMES GRAY | TRUSTEE | $200 |
| JAMES SIVEWRIGHT | TRUSTEE | $200 |
| JOHN COSTABILE | REC SECRETARY | $200 |
| THOMAS SEIFERT | VICE PRESIDENT | $200 |
Source: Office of Labor Management Standards
Year Covered: 2004 • Last Updated: June 12th, 2023