U.S. Department of Labor
Office of Labor-Management Standards
Washington, DC 20210 		FORM LM-3 LABOR ORGANIZATION ANNUAL REPORT Form Approved
Office of Management and Budget
No. 1245-0003
Expires: 09-30-2021
FOR USE ONLY BY LABOR ORGANIZATIONS WITH LESS THAN $250,000 IN TOTAL ANNUAL RECEIPTS

This report is mandatory under P.L. 86-257, as amended.  Failure to comply may result in criminal prosecution, fines, or civil penalties as provided by 29 U.S.C. 439 or 440.
READ THE INSTRUCTIONS CAREFULLY BEFORE PREPARING THIS REPORT.
For Official Use Only 1. FILE NUMBER
012-655
2. PERIOD COVERED
From01/01/2020
Through12/31/2020
3. (a) AMENDED - Is this an amended report:
No
(b) HARDSHIP - Filed under the hardship procedures: No
(c) TERMINAL - Is this a terminal report:No
4. AFFILIATION OR ORGANIZATION NAME
TEAMSTERS
5. DESIGNATION (Local, Lodge, etc.)
JOINT COUNCIL
 6. DESIGNATION NBR
26
7. UNIT NAME (if any)

8. MAILING ADDRESS (Type or print in capital letters)
First Name
RANDALL
 Last Name
VERST
P.O Box - Building and Room Number

Number and Street
4632 PADDOCK RD.
City
CINCINNATI
State
OH		 ZIP Code + 4
45229


9. Are your organization's records kept at its mailing address?


Yes

Each of the undersigned, duly authorized officers of the above labor organization, declares, under penalty of perjury and other applicable penalties of law, that all of the information submitted in this report (including information contained in any accompanying documents) has been examined by the signatory and is, to the best of the undersigned individual's knowledge and belief, true, correct and complete (See Section VI on penalties in the instructions.)
57. SIGNED:Randall W VerstPRESIDENT58. SIGNED:Kimberly A BalesTREASURER
Date:Mar 22, 2021Contact Info:513-242-8100Date:Mar 22, 2021Contact Info:513-241-8100
Form LM-3 (Revised 2016)
FILE NUMBER: 012-655

During the Reporting Period Did Your Organization:
10. Have a "subsidiary organization" as defined in Section X of the instructions?No
11. Create or participate in the administration of a trust or other fund or organization which provides benefits for members or their beneficiaries?No
12. Have a Political Action Committee (PAC) fund?No
13. Acquire or dispose of any goods or property in any manner other than purchase or sale?No
14. Have an audit or review of its books and records by an outside accountant or by a parent body auditor/representative?Yes
15. Discover any loss or shortage of funds or other property? (Answer "Yes" even if there has been repayment or recovery.)No
16.Have any officer who was paid $10,000 or more by your organization and also received $10,000 or more as an officer or employee of another labor organization or of an employee benefit plan?Yes
17. Pay any employee salary, allowances, and other expenses which, together with any payments from affiliates, totaled more than $10,000?No
18. Have loans totaling more than $250 to any officer, employee, or member, or make any loans to a business enterprise?No
19. How many members did your organization have at the end of the reporting period?4
20. What is the maximum amount recoverable under your organization's fidelity bond for a loss caused by any officer or employee of your organization?$60,000
21. During the reporting period, did your organization have any changes in its constitution or bylaws (other than rates of dues and fees) or in practices/procedures listed in the instructions?No
22. What is the date of the labor organization's next regular election of officers?01/2023
23. What are the labor organization's rates of dues and fees?

Rates of Dues and Fees
Dues/FeesAmount UnitMinimumMaximum
(a) Regular Dues/Fees1.70perMemberN/AN/A
(b) Initiation FeesN/AperN/AN/AN/A
(c) Transfer FeesN/AperN/AN/AN/A
(d) Work PermitsN/AperN/AN/AN/A

Form LM-3 (Revised 2016)
24. ALL OFFICERS AND DISBURSEMENTS TO OFFICERS FILE NUMBER: 012-655

(A) Name (List all persons who held office during the reporting period even if they received no salary or other disbursements) Gross Salary (before taxes and other deductions)
(D) 		Allowances and Other Disbursements
(E) 		TOTAL
(F)
(B) Title (Enter title of officer, such as PRESIDENT or TREASURER) (C) Status *
Total Disbursements to Officers $38,100$0$38,100
Less Deductions $5,678
The Total from Net Disbursements will be entered in Item 45 Net Disbursements $32,422
** Code (C) Status: past officer - P; continuing officer - C;
new officer during the reporting period - N. 		(If any officer was not elected at a regular election in accordance with your organzation's constitution and bylaws, explain in Item 56.)
VerstRandall
$7,200$7,200
 President C
JonesAlan
$3,600$3,600
 Secretary-Treasurer C
BalesKimberly
$11,400$11,400
 Vice President C
WebsterDavid
$300$300
 Recording Secretary C
ButtsRonald
$300$300
 Trustee C
LeeDavid
$3,600$3,600
 Trustee C
ArringtonFrank
$1,500$1,500
 Trustee C
SkeansDaniel
$3,600$3,600
 Recording Secretary N
DavisWilliam
$3,300$3,300
 Trustee N
MeyerJames
$3,300$3,300
 Trustee N
Form LM-3 (Revised 2016)

STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 012-655

ASSETS Start of Reporting Period
(A) 		End of Reporting Period
(B)
25. Cash$413,380$459,911
26. Loans Receivable$0$0
27. U.S. Treasury Securities$0$0
28. Investments$0$0
29. Fixed Assets$1,417$1,022
30. Other Assets$0$0
31. TOTAL ASSETS$414,797$460,933
LIABILITIES Start of Reporting Period
(C) 		End of Reporting Period
(D)
32. Accounts Payable$0$0
33. Loans Payable$0$0
34. Mortgages Payable$0$0
35. Other Liabilities$63,489$59,972
36. TOTAL LIABILITIES$63,489$59,972
   
37. NET ASSETS$351,308$400,961

STATEMENT B - RECEIPTS AND DISBURSEMENTS
CASH RECEIPTSAMOUNT
38. Dues$0
39. Per Capita Tax$152,060
40. Fees, Fines, Assessments, Work Permits$0
41. Interest and Dividends$1,109
42. Sale of Investments and Fixed Assets$0
43. Other Receipts$750
44. TOTAL RECEIPTS$153,919
If total receipts reported in Item 44 are $250,000 or more, your organization must file Form LM-2 instead of this form.
CASH DISBURSEMENTSAMOUNT
45. To Officers (from item 24)$32,422
46. To Employees (less deductions)$790
47. Per Capita Tax$0
48. Office and Administrative Expense$4,262
49. Professional Fees$6,650
50. Benefits$12,093
51. Contributions, Gifts, and Grants$550
52. Purchase of Investments and Fixed Assets$0
53. Loans Made$0
54. Other Disbursements$50,621
55. TOTAL DISBURSEMENTS$107,388
Form LM-3 (Revised 2016)
56. ADDITIONAL INFORMATION SUMMARY FILE NUMBER: 012-655



Question 14: : The books and records have been audited by outside accountant Gary M. Tiboni, CPA.

Question 16: : Vice President Kimberly Bales is also Secretary-Treasurer of Teamsters Local 114.

Form LM-3 (Revised 2016)