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Union Facts

Teamsters, Local 340

Basic Information

Local 340

Quick Facts

Address

TEAMSTERS
27 MAIN STREET
SOUTH PORTLAND, ME 4106

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 $2,241,404
Total Liabilities $437,486
Total Income $2,683,115
Total Spent $2,518,882

Total Assets Trend

Assets (Change from previous report)

Cash $1,024,042 (+19.1%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $1,216,442 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $920 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $2,000
Mortgages $435,486

Income

Dues $2,370,789
Per Person Tax $0
Investments $0
Supplies $5,747
Loan Repayment $0
Interest $498
Dividends $0
Rents $36,451
Fees and Fines $257,119
Loans Obtained $0
Other Receipts $11,011
Affiliates $0
Members $1,500
Reinvestments $0
All Others $11,011

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 $711,571 (28.25%)
Political Activities and Lobbying $10,179 (0.40%)
Contributions, Gifts, and Grants $28,993 (1.15%)
General Overhead $363,589 (14.43%)
Union Administration $201,676 (8.01%)
Strike Benefits $0 (0.00%)
To Union Officers $290,332 (11.53%)
To Union Employees $389,153 (15.45%)
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
20024,155
20034,056
20043,847
20053,810
20063,837
20073,770
20083,811
20093,783
20103,711
20113,553
20123,101
20133,480
20143,840
20153,405
20163,579
20174,014
20183,665
20193,898
20205,456
20214,253

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
BRETT MILLERPRESIDENT/BUSINESS AGENT$124,047
EDMUND MARZANOSECRETARY TREASURER/AGENT$112,326
TRACI ST. CLAIRBUSINESS AGENT$107,968
DONALD CROCKETTBUSINESS AGENT$107,550
JOSEPH PICCONEBUSINESS AGENT$107,464
LORNE SMITHSECRETARY TREASURER/AGEN$105,747
STACY NUNLEYBOOKKEEPER$68,378
MARGARET TIMMONSSECRETARY$43,559
REBECCA PETERSSTAFF$27,768
TEAMSTERS PERLOST TIME WAGES$12,383

Source: Office of Labor Management Standards

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