Teamsters, Local 402
Basic Information
Local 402
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 | $255,006 |
| Total Liabilities | $16,175 |
| Total Income | $539,813 |
| Total Spent | $484,119 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $251,038 (+28.5%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $3,968 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Income
| Dues | $525,810 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $735 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $240 |
| Fees and Fines | $13,028 |
| Loans Obtained | $0 |
| Other Receipts | $0 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
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
$484,119
Spending Overview
Spending Breakdown
| Representational | $38,386 (7.93%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $3,500 (0.72%) |
| General Overhead | $30,384 (6.28%) |
| Union Administration | $175,244 (36.20%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $69,451 (14.35%) |
| To Union Employees | $37,639 (7.77%) |
| 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
695
Income per Member
$777
Dues (per 0)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 558 |
| 2003 | 562 |
| 2004 | 602 |
| 2005 | 664 |
| 2006 | 660 |
| 2007 | 647 |
| 2008 | 605 |
| 2009 | 605 |
| 2010 | 629 |
| 2011 | 630 |
| 2012 | 577 |
| 2013 | 594 |
| 2014 | 594 |
| 2015 | 608 |
| 2016 | 608 |
| 2017 | 609 |
| 2018 | 661 |
| 2019 | 692 |
| 2020 | 698 |
| 2021 | 695 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$19,597
Total Employees
8
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH GRONEK | BUS REP SEC TREAS | $95,965 |
| STACY JOHNSON | OFFICE SECRETARY | $55,108 |
| FLIP STATHAM | TRUSTEE | $1,050 |
| KEITH ANDERSON | TRUSTEE | $1,050 |
| OTIS WILLIAMS | PRESIDENT | $1,050 |
| DEWYATT JEFFREYS | TRUSTEE | $900 |
| PHILLIP HILL | RECORDING SECRETARY | $900 |
| CHIP COPELAND | VICE-PRESIDENT | $750 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Transportation and Warehousing | 2 |
| Service | 1 |
| Transportation | 1 |
| Food Manufacturing / Processing | 1 |
| Manufacturing | 1 |
| Not Provided | 1 |