Teamsters, Local 40
Basic Information
Local 40
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 | $843,746 |
| Total Liabilities | $261 |
| Total Income | $543,899 |
| Total Spent | $533,837 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $718,149 (+1.4%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $0 (0.0%) |
| Fixed Assets | $125,597 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $261 |
| Mortgages | $0 |
Income
| Dues | $518,220 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $1,640 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $21,198 |
| Loans Obtained | $0 |
| Other Receipts | $2,703 |
| Affiliates | $0 |
| Members | $138 |
| Reinvestments | $0 |
| All Others | $2,703 |
Source: Office of Labor Management Standards
Year Covered: 2022 • 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 2022
$533,837
Spending Overview
Spending Breakdown
| Representational | $109,239 (20.46%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $7,950 (1.49%) |
| General Overhead | $54,938 (10.29%) |
| Union Administration | $89,750 (16.81%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $130,885 (24.52%) |
| To Union Employees | $920 (0.17%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
691
Income per Member
$787
Dues (per HR RATE)
$2.50
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,002 |
| 2003 | 938 |
| 2004 | 958 |
| 2005 | 918 |
| 2006 | 954 |
| 2007 | 841 |
| 2008 | 785 |
| 2009 | 731 |
| 2010 | 573 |
| 2011 | 726 |
| 2012 | 728 |
| 2013 | 734 |
| 2014 | 820 |
| 2015 | 815 |
| 2016 | 851 |
| 2017 | 814 |
| 2018 | 777 |
| 2019 | 760 |
| 2020 | 764 |
| 2021 | 758 |
| 2022 | 691 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$18,613
Total Employees
10
Employees Making more than $75,000
1
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BRANDON JACKENHEIMER | PRESIDENT | $102,939 |
| JAMIE BEANS | SECRETARY TREASURER | $58,630 |
| DAVID FUNK | VICE PRESIDENT | $6,939 |
| DAVID HINKLE | TRUSTEE | $4,360 |
| RYAN OBRECHT | TRUSTEE | $4,320 |
| DONALD CARSEY | TRUSTEE | $3,969 |
| TODD PAYNE | TRUSTEE | $3,951 |
| DALE CORBAN | EMPLOYEE | $352 |
| BURTON BEDLION | EMPLOYEE | $352 |
| JONATHAN HAVEN | EMPLOYEE | $320 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Union Decertifications
Unionized employees can elect to revoke a union's right to represent them through a process called a decertification. In order to decertify a union, a majority of the unionized employees must vote to remove the union in an election overseen by the National Labor Relations Board (NLRB).
Total Decertification Petitions
3
Source: National Labor Relations Board
Case Activity Tracking System
Recent Contract Negotiations
| Industry | Contracts |
|---|---|
| Retail Sales / Distribution / Warehousing (Includes Food) | 9 |
| Manufacturing | 4 |
| Transportation | 1 |