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Union Facts

Teamsters, Local 974

Basic Information

Local 974

Quick Facts

Address

TEAMSTERS
3001 UNIVERSITY AVENUE S.E.
MINNEAPOLIS, MN 554143340

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 $1,479,397
Total Liabilities $0
Total Income $879,985
Total Spent $888,122

Total Assets Trend

Assets (Change from previous report)

Cash $710,332 (-1.1%)
Accounts Receivable $0 (0.0%)
Investments $764,642 (+24.1%)
Fixed Assets $0 (+24.1%)
Treasury Securities $0 (0.0%)
Other Assets $4,423 (-32.0%)
Loans Receivable $0 (0.0%)

Liabilities

Loans Payable $0
Accounts Payable $0
Other Liabilities $0
Mortgages $0

Income

Dues $810,299
Per Person Tax $0
Investments $0
Supplies $0
Loan Repayment $0
Interest $2,579
Dividends $15,082
Rents $0
Fees and Fines $51,376
Loans Obtained $0
Other Receipts $115
Affiliates $534
Members $0
Reinvestments $0
All Others $115

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 $208,850 (23.52%)
Political Activities and Lobbying $19,431 (2.19%)
Contributions, Gifts, and Grants $5,944 (0.67%)
General Overhead $180,420 (20.31%)
Union Administration $82,097 (9.24%)
Strike Benefits $0 (0.00%)
To Union Officers $154,210 (17.36%)
To Union Employees $131,585 (14.82%)
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
20022,032
20031,827
20041,707
20051,712
20061,633
20071,530
20081,411
20091,299
20101,268
20111,357
20121,330
20131,322
20141,374
20151,460
20161,406
20171,563
20181,566
20191,653
20201,273
20211,242

Source: Office of Labor Management Standards

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

Leaders & Salaries

Top Ten Highest Paid Leaders

NameTitleTotal Compensation
PAUL MCCULLENSECRETARY-TREASURER$108,770
KURT BENSONPRESIDENT$97,320
JOYCE NERDAHLBOOKKEEPER$85,285
DANIELLE WYLIESECRETARY$73,145
$25,380
RICK CARLSONVICE PRESIDENT$7,200
DEAN WALLENTATRUSTEE$4,200
PAUL REAMERTRUSTEE$4,200
RICHARD MATTERNRECORDING SECRETARY$4,200
KARA ROBERTSTRUSTEE$3,100

Source: Office of Labor Management Standards

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