Teamsters, Local 408
Basic Information
Local 408
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 | $270,870 |
| Total Liabilities | $16,082 |
| Total Income | $87,264 |
| Total Spent | $91,998 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $248,534 (-1.9%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $22,336 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $16,082 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $81,897 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $0 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $2,865 |
| Loans Obtained | $0 |
| Other Receipts | $2 |
| Affiliates | $0 |
| Members | $2,500 |
| Reinvestments | $0 |
| All Others | $2 |
Source: Office of Labor Management Standards
Year Covered: 2009 • 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 2009
$91,998
Spending Overview
Spending Breakdown
| Representational | $23,170 (25.19%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $0 (0.00%) |
| General Overhead | $20,098 (21.85%) |
| Union Administration | $4,085 (4.44%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $13,849 (15.05%) |
| To Union Employees | $3,600 (3.91%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2009 • Last Updated: June 12th, 2023
Membership
Total Members
799
Income per Member
$109
Dues (per MONTH)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 950 |
| 2003 | 950 |
| 2004 | 975 |
| 2005 | 1,013 |
| 2006 | 1,003 |
| 2007 | 941 |
| 2008 | 860 |
| 2009 | 799 |
Source: Office of Labor Management Standards
Year Covered: 2009 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$1,745
Total Employees
10
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| JOSEPH DILEO | PRES/BUS MGR | $12,205 |
| GINNY ROSS | OFFICE | $2,700 |
| JOANNE JULIANO | OFFICE | $900 |
| RAYMOND RAIMONDI | TRUSTEE | $274 |
| NMICHAEL LABELL | TRUSTEE | $274 |
| WILLIAM RODENBOUG | VICE PRES | $274 |
| GILBERT THOMPSON | SECY/TREAS | $274 |
| GEORGE ZERCONSKI | RECORDING SECY | $274 |
| BERTHONY VALES | TRUSTEE | $274 |
| $0 |
Source: Office of Labor Management Standards
Year Covered: 2009 • Last Updated: June 12th, 2023
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Construction | 5 |
| Other | 4 |
| Manufacturing | 3 |
| Transportation | 3 |
| Retail Sales / Distribution / Warehousing (Includes Food) | 2 |