Center for Union Facts logo

Union Facts

Teamsters, Local 416

Basic Information

Local 416

Quick Facts

Address

TEAMSTERS
707 BROOKPARK ROAD #416
CLEVELAND, OH 441095833

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 $85,020
Total Liabilities $2,506,445
Total Income $453,884
Total Spent $449,142

Total Assets Trend

Assets (Change from previous report)

Cash $85,009 (+5.9%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $11 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $2,506,445
Mortgages $0

Income

Dues $425,635
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $0
Dividends $0
Rents $0
Fees and Fines $0
Loans Obtained $0
Other Receipts $27,982
Affiliates $267
Members $0
Reinvestments $0
All Others $51

Source: Office of Labor Management Standards

Year Covered: 2022  •  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 $115,657 (25.75%)
Political Activities and Lobbying $4,486 (1.00%)
Contributions, Gifts, and Grants $1,500 (0.33%)
General Overhead $62,079 (13.82%)
Union Administration $32,737 (7.29%)
Strike Benefits $0 (0.00%)
To Union Officers $98,850 (22.01%)
To Union Employees $5,743 (1.28%)
Education $0 (0.00%)
Fees $0 (0.00%)

Search All Spending

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Membership

Membership Trend

YearMembers
20021,200
20031,179
20041,146
20051,606
20061,291
20071,289
20081,107
20091,658
20101,027
20111,296
20121,127
20131,065
20141,006
2015837
2016896
2017832
2018799
2019752
2020604
2021684
2022657

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
NICK NARDI PRESIDENT$112,160
MARY DURICASECRETARY TREASURER$18,405
$7,320
BRANDON HUGHESTRUSTEE$920
GREGORY VAUGHNVICE PRESIDENT$920
JOSEPH SALIGATRUSTEE$920
MICHAEL STEPHANTRUSTEE$920
FRANK SCRANTTRUSTEE$570
JOE RUSSOSECRETARY$175

Source: Office of Labor Management Standards

Year Covered: 2022  •  Last Updated: June 12th, 2023