Teamsters, Local 970

Basic Information

Local 970

Quick Facts

Members

1,520

Assets

$407,773

Employees

Primary Industry

Manufacturing

Address

TEAMSTERS
3001 UNIVERSITY AVENUE S.E.
MINNEAPOLIS, MN 55414

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	$407,773
Total Liabilities	$0
Total Income	$1,134,009
Total Spent	$1,127,657

» See Historical Financial Information

Total Assets Trend

Assets (Change from previous report)

Cash	$170,365 (+3.9%)
Accounts Receivable	$0 (0.0%)
Investments	$206,991 (+68.2%)
Fixed Assets	$8,251 (+68.2%)
Treasury Securities	$0 (0.0%)
Other Assets	$22,166 (+0.8%)
Loans Receivable	$0 (0.0%)

Liabilities

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

Income

Dues	$950,484
Per Person Tax	$0
Investments	$0
Supplies	$635
Loan Repayment	$0
Interest	$211
Dividends	$7,759
Rents	$0
Fees and Fines	$41,125
Loans Obtained	$130,000
Other Receipts	$3,040
Affiliates	$755
Members	$0
Reinvestments	$34,180
All Others	$3,040

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

$1,127,657

Spending Overview

Spending Breakdown

Representational	$288,436 (25.58%)
Political Activities and Lobbying	$9,054 (0.80%)
Contributions, Gifts, and Grants	$17,370 (1.54%)
General Overhead	$88,857 (7.88%)
Union Administration	$110,196 (9.77%)
Strike Benefits	$0 (0.00%)
To Union Officers	$199,863 (17.72%)
To Union Employees	$68,280 (6.06%)
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

1,520

Income per Member

$746

Dues (per MONTH)

N/A

Membership Trend

Year	Members
2002	2,099
2003	2,121
2004	1,976
2005	1,957
2006	1,913
2007	1,887
2008	1,758
2009	1,642
2010	1,770
2011	1,566
2012	1,266
2013	1,634
2014	1,657
2015	1,629
2016	1,545
2017	1,623
2018	1,508
2019	1,438
2020	1,402
2021	1,520

Source: Office of Labor Management Standards

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

Leaders & Salaries

Average Total Compensation

$34,022

Total Employees

Employees Making more than $75,000

Top Ten Highest Paid Leaders

Name	Title	Total Compensation
SCOTT GELHAR	SECRETARY-TREASURER	$117,261
NATHANIAL COCHRANE	PRESIDENT	$86,529
HOPE GRASSI	OFFICE MANAGER	$64,997
CHAD REICHOW	TRUSTEE	$47,040
		$24,409
MIKE KUTA	PRESIDENT	$12,440
WILLIAM FOSTER	TRUSTEE	$5,914
MIKE SIEBENALER	RECORDING SECRETARY	$5,637
JEFF OLSON	TRUSTEE	$5,012
BRUCE FRAUENDIENST	VICE PRESIDENT	$5,002

» See All Employees' Compensation and Salary History

Source: Office of Labor Management Standards

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

Crime, Corruption & Racketeering

The Office of Labor-Management Standards (OLMS) conducts investigations to determine if violations of the Labor-Management Relations and Disclosure Act (LMRDA) provisions have occurred.

Investigations are initiated based on various sources such as complaints from union members; information developed by OLMS as a result of reviewing reports filed; information developed during an OLMS audit of a union’s books and records; and information obtained from other government agencies. Investigations may involve civil matters (such as an election of union officers) or criminal matters (such as embezzlement of union funds).

Corruption and Embezzlement Charges

Type of Criminal Activity	Number of Instances
criminal charges	2
embezzlement charges	1
Guilty Pleas	2
Officials Sentenced	1

Some incidents may be accounted for in multiple categories.

Source: Office of Labor-Management Standards

Last Updated: April 8th, 2021

Financial Audits

The Office of Labor-Management Standards (OLMS) has responsibility under the Labor-Management Relations and Disclosure Act (LMRDA) to conduct audits to determine if unions are complying with the law.

OLMS uses a streamlined audit approach called the Compliance Audit Program (CAP) to audit local unions which utilizes specialized records review and investigative techniques to verify LMRDA compliance.