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Union Facts

Teamsters, Local 348

Basic Information

Local 348

Quick Facts

Address

TEAMSTERS
272 WEST MARKET STREET
AKRON, OH 44303

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 $725,845
Total Liabilities $60,987
Total Income $1,177,380
Total Spent $1,020,950

Total Assets Trend

Assets (Change from previous report)

Cash $491,486 (+46.7%)
Accounts Receivable $0 (0.0%)
Investments $0 (-100.0%)
Fixed Assets $234,359 (-100.0%)
Treasury Securities $0 (0.0%)
Other Assets $0 (0.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $60,846
Accounts Payable $0
Other Liabilities $141
Mortgages $0

Income

Dues $934,939
Per Person Tax $0
Investments $47,043
Supplies $0
Loan Repayment $0
Interest $584
Dividends $0
Rents $28,125
Fees and Fines $41,410
Loans Obtained $0
Other Receipts $123,563
Affiliates $1,716
Members $0
Reinvestments $0
All Others $10,057

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.

Spending Overview

Spending Breakdown

Representational $209,472 (20.52%)
Political Activities and Lobbying $15,979 (1.57%)
Contributions, Gifts, and Grants $20,069 (1.97%)
General Overhead $140,194 (13.73%)
Union Administration $100,047 (9.80%)
Strike Benefits $0 (0.00%)
To Union Officers $176,786 (17.32%)
To Union Employees $57,968 (5.68%)
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

Membership Trend

YearMembers
20021,907
20031,935
20041,856
20051,720
20061,585
20071,440
20081,545
20091,279
20101,259
20111,196
20121,198
20131,406
20141,289
20151,354
20161,398
20171,421
20181,477
20191,436
20201,421
20211,346

Source: Office of Labor Management Standards

Year Covered: 2021  •  Last Updated: June 12th, 2023

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PATRICK DARROWSEC / TREAS$99,001
JOHN FAHRERPRESIDENT$83,832
LINDA HICKMANBOOKKEEPER$53,962
ALLEN KEENERRECORDING SECRETARY$53,206
CRAIG GRAHAMVICE PRESIDENT & BUS. REP$29,584
$22,185
ERIC BAUMBERGERTRUSTEE$4,349
WILLIAM HOLLERTRUSTEE$4,268
ANDREW SIEGFERTHRECORDING SECECRETARY$3,048
GERALD SHORESTRUSTEE$300

Source: Office of Labor Management Standards

Year Covered: 2021  •  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).

Source: National Labor Relations Board
Case Activity Tracking System