Teamsters, Local 500
Basic Information
Local 500
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 | $1,417,091 |
| Total Liabilities | $0 |
| Total Income | $982,350 |
| Total Spent | $878,228 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,413,161 (+8.0%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $0 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $3,930 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $920,230 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $4,025 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $44,212 |
| Loans Obtained | $0 |
| Other Receipts | $12,849 |
| Affiliates | $0 |
| Members | $1,034 |
| Reinvestments | $0 |
| All Others | $7,118 |
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
$878,228
Spending Overview
Spending Breakdown
| Representational | $280,228 (31.91%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $3,978 (0.45%) |
| General Overhead | $134,982 (15.37%) |
| Union Administration | $17,055 (1.94%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $151,233 (17.22%) |
| To Union Employees | $43,176 (4.92%) |
| 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
1,048
Income per Member
$937
Dues (per N/A)
39 to 120
Membership Trend
| Year | Members |
|---|---|
| 2002 | 2,031 |
| 2003 | 2,010 |
| 2004 | 2,260 |
| 2005 | 1,250 |
| 2006 | 1,249 |
| 2007 | 1,064 |
| 2008 | 1,163 |
| 2009 | 1,174 |
| 2010 | 1,222 |
| 2011 | 1,111 |
| 2012 | 1,205 |
| 2013 | 1,124 |
| 2014 | 1,192 |
| 2015 | 1,232 |
| 2016 | 1,228 |
| 2017 | 1,242 |
| 2018 | 1,197 |
| 2019 | 1,219 |
| 2020 | 995 |
| 2021 | 1,048 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$30,935
Total Employees
9
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WILLIAM FITZGERALD | PRESIDENT | $103,558 |
| DOUGLASS EDWARDS | SECRETARY/TREASURER | $103,227 |
| MARYBETH FLOODY | CLERICAL - BOOKKEEPING | $58,300 |
| PEDRO PEREZ | TRUSTEE | $4,450 |
| FRANKLIN GALLAGHER | VICE PRESIDENT | $3,250 |
| KENNETH BARE | TRUSTEE | $2,650 |
| $1,331 | ||
| FLOYD MASON | RECORDING SECRETARY | $1,250 |
| WILLIAM DANOS | TRUSTEE | $400 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023