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Union Facts

Teamsters, Local 705

Basic Information

Local 705

Quick Facts

Address

TEAMSTERS
1645 W. JACKSON BLVD 7TH FL
CHICAGO, IL 60612

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 $33,870,749
Total Liabilities $1,706,143
Total Income $16,015,246
Total Spent $15,894,204

Total Assets Trend

Assets (Change from previous report)

Cash $5,110,758 (+2.4%)
Accounts Receivable $605,839 (-1.8%)
Investments $23,912,000 (+29.7%)
Fixed Assets $231,100 (+29.7%)
Treasury Securities $3,801,050 (-11.7%)
Other Assets $210,002 (-22.3%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $559,312
Other Liabilities $1,146,831
Mortgages $0

Income

Dues $12,258,013
Per Person Tax $0
Investments $0
Supplies $11,785
Loan Repayment $0
Interest $271,395
Dividends $30,417
Rents $0
Fees and Fines $2,055,347
Loans Obtained $898,615
Other Receipts $446,058
Affiliates $0
Members $43,616
Reinvestments $4,649,621
All Others $5,842

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 $3,286,415 (20.68%)
Political Activities and Lobbying $92,417 (0.58%)
Contributions, Gifts, and Grants $112,444 (0.71%)
General Overhead $3,893,436 (24.50%)
Union Administration $570,796 (3.59%)
Strike Benefits $0 (0.00%)
To Union Officers $1,225,499 (7.71%)
To Union Employees $1,038,902 (6.54%)
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
200225,312
200322,934
200422,825
200521,828
200622,350
200721,045
200820,459
200916,619
201016,424
201115,903
201215,954
201316,328
201418,473
201517,851
201619,223
201720,706
201821,030
201921,510
202021,623
202121,696

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
$285,580
JUAN CAMPOSSECRETARY-TREASURER$224,837
KENNETH EMANUELSONPRESIDENT$198,277
GREGORY FOSTERVICE PRESIDENT$191,156
JOSEPH BAKESRECORDING SECRETARY$189,249
SCOTT REINTRUSTEE$150,909
SANTOS MARINEZTRUSTEE$150,003
KIMBERLY OBNEYTRUSTEE$148,299
RICHARD ROHEELECTED BUSINESS AGENT$143,747
MICHAEL JORDANELECTED BUSINESS AGENT$141,594

Source: Office of Labor Management Standards

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