Teamsters, Local 557
Basic Information
Local 557
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 | $211,721 |
| Total Liabilities | $19,466 |
| Total Income | $708,277 |
| Total Spent | $780,135 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $1,025 (-98.6%) |
| Accounts Receivable | $16,715 (+612.2%) |
| Investments | $153,487 (-60.8%) |
| Fixed Assets | $21,454 (-60.8%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $18,540 (-47.4%) |
| Loans Receivable | $500 (-90.3%) |
Income
| Dues | $338,647 |
| Per Person Tax | $0 |
| Investments | $240,000 |
| Supplies | $1,729 |
| Loan Repayment | $4,659 |
| Interest | $7,868 |
| Dividends | $2,667 |
| Rents | $0 |
| Fees and Fines | $7,353 |
| Loans Obtained | $0 |
| Other Receipts | $105,221 |
| Affiliates | $0 |
| Members | $133 |
| Reinvestments | $0 |
| All Others | $3,564 |
Source: Office of Labor Management Standards
Year Covered: 2005 • 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 2005
$780,135
Spending Overview
Spending Breakdown
| Representational | $190,318 (24.40%) |
| Political Activities and Lobbying | $5,801 (0.74%) |
| Contributions, Gifts, and Grants | $625 (0.08%) |
| General Overhead | $67,497 (8.65%) |
| Union Administration | $81,209 (10.41%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $77,394 (9.92%) |
| To Union Employees | $70,555 (9.04%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023
Membership
Total Members
1,004
Income per Member
$705
Dues (per Month)
$36
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,372 |
| 2003 | 1,091 |
| 2004 | 1,082 |
| 2005 | 1,004 |
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$18,598
Total Employees
12
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| WILLIAM ALEXANDER | PRESIDENT | $57,015 |
| MARK GAREY | SECRETARY/TREASURER | $54,201 |
| FRED WILLNER | ORGANIZER | $40,385 |
| BONNIE HALL | TITAN OPERATOR/BOOKKEEPER | $21,929 |
| HIRAM ROBINSON | ORGANIZER | $20,658 |
| LORETTA HAMM | BOOKKEEPER | $16,321 |
| JOSEPH GIBSON | VICE-PRESIDENT | $2,400 |
| KENNITH DEBRICK | TRUSTEE | $2,400 |
| CARL MADONNA | RECORDING SECRETARY | $2,400 |
| MARTIN CROSS | TRUSTEE | $2,400 |
Source: Office of Labor Management Standards
Year Covered: 2005 • Last Updated: June 12th, 2023