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Union Facts

Teamsters, Local 723

Basic Information

Local 723

Quick Facts

Address

TEAMSTERS
170 CHANGEBRIDGE ROAD
MONTVILLE, NJ 7045

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 $139,488
Total Liabilities $17,659
Total Income $355,209
Total Spent $471,354

Total Assets Trend

Assets (Change from previous report)

Cash $13,281 (-89.7%)
Accounts Receivable $0 (0.0%)
Investments $82,948 (0.0%)
Fixed Assets $43,259 (0.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $10,647
Accounts Payable $7,012
Other Liabilities $0
Mortgages $0

Income

Dues $280,476
Per Person Tax $0
Investments $24,937
Supplies $144
Loan Repayment $0
Interest $1,903
Dividends $0
Rents $0
Fees and Fines $26,277
Loans Obtained $0
Other Receipts $21,341
Affiliates $131
Members $0
Reinvestments $0
All Others $0

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.

Spending Overview

Spending Breakdown

Representational $202,530 (42.97%)
Political Activities and Lobbying $1,307 (0.28%)
Contributions, Gifts, and Grants $4,336 (0.92%)
General Overhead $5,628 (1.19%)
Union Administration $8,838 (1.88%)
Strike Benefits $0 (0.00%)
To Union Officers $49,634 (10.53%)
To Union Employees $29,299 (6.22%)
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

Membership Trend

YearMembers
2002970
20031,148
20041,102
2005924

Source: Office of Labor Management Standards

Year Covered: 2005  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
JOHN HUMPHREYSECRETARY-TREASURER$68,191
KATHLEEN CONTECLERICAL$37,503
ROBERT ALBANSESTRUSTEE$1,930
DINAH GOMESVICE PRESIDENT$1,026
GERALD VAIVADARECORDER$1,026
JOSEPH BISPOTRUSTEE$1,026
RALPH NAPOLITANTRUSTEE$1,026
JOHN EXUMPRESIDENT$1,016
$0

Source: Office of Labor Management Standards

Year Covered: 2005  •  Last Updated: June 12th, 2023

Recent Contract Negotiations

Map of recent contract negotiations
IndustryContracts
Manufacturing5
Transportation2
Other1