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Union Facts

Teamsters, Local 974

Basic Information

Local 974

Quick Facts

Address

TEAMSTERS
3001 UNIVERSITY AVENUE S.E.
MINNEAPOLIS, MN 554143340

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 $1,272,973
Total Liabilities $0
Total Income $941,959
Total Spent $918,800

Total Assets Trend

Assets (Change from previous report)

Cash $611,998 (+3.9%)
Accounts Receivable $0 (0.0%)
Investments $652,830 (+22.5%)
Fixed Assets $390 (+22.5%)
Treasury Securities $0 (0.0%)
Other Assets $7,755 (-0.6%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $0
Mortgages $0

Income

Dues $850,411
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $3,395
Dividends $16,094
Rents $0
Fees and Fines $70,990
Loans Obtained $0
Other Receipts $117
Affiliates $952
Members $0
Reinvestments $0
All Others $117

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

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 $241,318 (26.26%)
Political Activities and Lobbying $6,824 (0.74%)
Contributions, Gifts, and Grants $11,083 (1.21%)
General Overhead $167,959 (18.28%)
Union Administration $79,031 (8.60%)
Strike Benefits $0 (0.00%)
To Union Officers $170,209 (18.53%)
To Union Employees $131,708 (14.33%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Membership

Membership Trend

YearMembers
20022,032
20031,827
20041,707
20051,712
20061,633
20071,530
20081,411
20091,299
20101,268
20111,357
20121,330
20131,322
20141,374
20151,460
20161,406
20171,563
20181,566
20191,653

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PAUL MCCULLENSECRETARY-TREASURER$99,937
KURT BENSONPRESIDENT$89,193
JOYCE NERDAHLBOOKKEEPER$77,166
DANIELLE WYLIESECRETARY$68,846
$30,093
THOMAS THEURERVICE-PRESIDENT$10,573
RICK CARLSONRECORDING SECRETARY$7,948
LYLE NIXTRUSTEE$7,692
RICHARD MATTERNTRUSTEE$7,077
ROY TREJOTRUSTEE$5,054

Source: Office of Labor Management Standards

Year Covered: 2019  •  Last Updated: April 8th, 2021