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Union Facts

Teamsters, Local 42

Basic Information

Local 42

Quick Facts

Address

TEAMSTERS
230 Broadway Unit 103
Lynnfield, MA 1940

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 $772,263
Total Liabilities $0
Total Income $617,271
Total Spent $825,917

Total Assets Trend

Assets (Change from previous report)

Cash $575,994 (-26.6%)
Accounts Receivable $0 (0.0%)
Investments $0 (0.0%)
Fixed Assets $196,269 (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 $0
Mortgages $0

Income

Dues $565,740
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $0
Dividends $0
Rents $0
Fees and Fines $37,942
Loans Obtained $0
Other Receipts $13,589
Affiliates $0
Members $0
Reinvestments $0
All Others $13,589

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 $150,143 (18.18%)
Political Activities and Lobbying $0 (0.00%)
Contributions, Gifts, and Grants $18,476 (2.24%)
General Overhead $119,991 (14.53%)
Union Administration $67,123 (8.13%)
Strike Benefits $0 (0.00%)
To Union Officers $150,783 (18.26%)
To Union Employees $38,952 (4.72%)
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
20021,100
20031,015
2004775
2005797
2006965
2007965
2008970
2009910
2010996
20111,041
20121,026
20131,037
20141,067
20151,029
20161,036
20171,000
20181,005
2019998
2020827
2021803

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOSEPH BENEVENTOPRESIDENT/BUSINESS AGENT$126,655
MARIANNE BOLDUCOFFICE ASSISTANT$49,135
HAROLD ROBERTSSEC TREASURER/BUSINESS AG$39,397
MICHAEL CHANERECORDING SECRETARY$4,800
THOMAS EATONVICE PRESIDENT$4,800
KEVIN DOUCETTETRUSTEE$4,517
JOHN STRINGERTRUSTEE$4,200
DAVID ZAREMBATRUSTEE$4,200
EDWARD QUINTEROSERGEANT AT ARMS$2,138
$965

Source: Office of Labor Management Standards

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