Teamsters, Local 455
Basic Information
Local 455
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 | $10,328,841 |
| Total Liabilities | $533,254 |
| Total Income | $15,385,915 |
| Total Spent | $15,151,525 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,286,333 (+22.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $7,596,273 (+15.3%) |
| Fixed Assets | $1,446,235 (+15.3%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $533,254 |
| Mortgages | $0 |
Income
| Dues | $7,935,074 |
| Per Person Tax | $0 |
| Investments | $5,709,841 |
| Supplies | $11,131 |
| Loan Repayment | $0 |
| Interest | $1,215 |
| Dividends | $271,861 |
| Rents | $99,324 |
| Fees and Fines | $1,147,188 |
| Loans Obtained | $0 |
| Other Receipts | $204,051 |
| Affiliates | $6,230 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $98,496 |
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
$15,151,525
Spending Overview
Spending Breakdown
| Representational | $2,973,522 (19.63%) |
| Political Activities and Lobbying | $105,865 (0.70%) |
| Contributions, Gifts, and Grants | $64,048 (0.42%) |
| General Overhead | $805,785 (5.32%) |
| Union Administration | $611,480 (4.04%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $321,992 (2.13%) |
| To Union Employees | $1,798,790 (11.87%) |
| 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
14,146
Income per Member
$1,088
Dues (per Month)
N/A
Membership Trend
| Year | Members |
|---|---|
| 2002 | 6,176 |
| 2003 | 6,495 |
| 2004 | 5,973 |
| 2005 | 5,636 |
| 2006 | 6,000 |
| 2007 | 8,218 |
| 2008 | 7,854 |
| 2009 | 7,304 |
| 2010 | 7,172 |
| 2011 | 10,209 |
| 2012 | 10,803 |
| 2013 | 11,100 |
| 2014 | 10,360 |
| 2015 | 11,110 |
| 2016 | 11,947 |
| 2017 | 13,638 |
| 2018 | 12,045 |
| 2019 | 12,307 |
| 2020 | 14,087 |
| 2021 | 14,146 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$103,613
Total Employees
29
Employees Making more than $75,000
21
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| $174,101 | ||
| SCOTT FORD | PRESIDENT/ BUSINESS AGENT | $139,536 |
| DEAN MODECKER | VICE PRES/ BUSINESS AGENT | $135,194 |
| STEVEN VAIRMA | SECRETARY-TREASURER | $134,607 |
| COREY WICKS | BUSINESS AGENT | $130,268 |
| KEVIN POTTER | BUSINESS AGENT | $129,156 |
| MARIO BALDERAS, JR. | BUSINESS AGENT | $128,101 |
| RONALD BAIRD | BUSINESS AGENT | $128,044 |
| VINCENT SHAW | BUSINESS AGENT | $127,203 |
| DANIEL MURPHY | BUSINESS AGENT | $127,164 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023