Teamsters, Local 404
Basic Information
Local 404
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 | $642,638 |
| Total Liabilities | $54,577 |
| Total Income | $1,067,137 |
| Total Spent | $1,032,224 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $497,431 (+7.5%) |
| Accounts Receivable | $85,750 (+1.3%) |
| Investments | $21,818 (-34.5%) |
| Fixed Assets | $37,639 (-34.5%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $0 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $54,577 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $881,022 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $350 |
| Loan Repayment | $0 |
| Interest | $1,853 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $128,641 |
| Loans Obtained | $0 |
| Other Receipts | $55,271 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $25,271 |
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
$1,032,224
Spending Overview
Spending Breakdown
| Representational | $336,025 (32.55%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $9,350 (0.91%) |
| General Overhead | $148,310 (14.37%) |
| Union Administration | $32,779 (3.18%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $259,396 (25.13%) |
| To Union Employees | $42,893 (4.16%) |
| 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
1,152
Income per Member
$926
Dues (per MONTH)
$0
Membership Trend
| Year | Members |
|---|---|
| 2002 | 1,771 |
| 2003 | 1,969 |
| 2004 | 1,716 |
| 2005 | 1,568 |
| 2006 | 1,575 |
| 2007 | 1,715 |
| 2008 | 1,533 |
| 2009 | 1,379 |
| 2010 | 1,396 |
| 2011 | 1,351 |
| 2012 | 1,333 |
| 2013 | 1,241 |
| 2014 | 1,318 |
| 2015 | 1,272 |
| 2016 | 1,317 |
| 2017 | 1,427 |
| 2018 | 1,451 |
| 2019 | 1,179 |
| 2020 | 1,067 |
| 2021 | 1,152 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$39,909
Total Employees
10
Employees Making more than $75,000
2
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| VICTOR SANTIAGO | SECRETARY/TREASURER / BA | $121,689 |
| FRANK ROSSI | PRESIDENT/BA | $121,198 |
| BRYAN DONOVAN | RECORDING SECRETARY/BA | $76,536 |
| VICTOR SANTIAGO | BOOKKEEPER | $42,009 |
| ANTHONY TORRES | RECORDING SECRETARY / BA | $20,268 |
| $8,187 | ||
| EDWARD BUBON | TRUSTEE | $2,400 |
| FRANCIS BIZON | VICE PRESIDENT | $2,400 |
| MICHAEL KANE | TRUSTEE | $2,400 |
| STANLEY OSOWSKI | TRUSTEE | $2,000 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023