U.S. Department of Labor
Office of Labor-Management Standards
Washington, DC 20210
FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT
Form Approved
Office of Management and Budget
No.
1245-0003
Expires:
01-31-2025
MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR
MORE IN TOTAL ANNUAL RECEIPTS AND LABOR ORGANIZATIONS IN
TRUSTEESHIP
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
065-291
2.
PERIOD COVERED
From
01/01/2022
Through
12/31/2022
3.
(a) AMENDED - Is this an amended report:
No
(b) HARDSHIP - Filed under the hardship procedures:
No
(c) TERMINAL - This
is a terminal report:
No
4. AFFILIATION OR ORGANIZATION NAME
TEAMSTERS
5. DESIGNATION (Local, Lodge, etc.)
LOCAL UNION
6. DESIGNATION NBR
326
7. UNIT NAME (if any)
GENERAL TEAMSTERS
8. MAILING ADDRESS (Type or print in capital
letters)
First Name
JOSEPH W.
Last Name
SMITH JR
P.O Box - Building and Room Number
Number and Street
451 E NEW CHURCHMANS ROAD
City
NEW CASTLE
State
DE
ZIP Code + 4
19720
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 V on penalties in the
instructions.)
70. SIGNED:
Joseph W Smith
PRESIDENT
71. SIGNED:
PAUL A THORNBURG
TREASURER
Date:
Mar 24, 2023
Telephone
Number:
302-328-2388
Date:
Mar 24, 2023
Telephone
Number:
302-328-2387
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
ITEMS 10 THROUGH 21
FILE NUMBER:
065-291
10. During the reporting period did the labor
organization create or participate in the administration of
a trust or a fund or organization, as defined in the
instructions, which provides benefits for members or
beneficiaries?
Yes
11(a). During the reporting period did the
labor organization have a political action committee (PAC)
fund?
Yes
11(b). During the reporting period did the
labor organization have a subsidiary organization as
defined in Section X of these Instructions?
No
12. During the reporting period did the labor
organization have an audit or review of its books and
records by an outside accountant or by a parent body
auditor/representative?
Yes
13. During the reporting period did the labor
organization discover any loss or shortage of funds or
other assets? (Answer "Yes" even if there has
been repayment or recovery.)
Yes
14. What is the maximum amount recoverable
under the labor organization's fidelity bond for a
loss caused by any officer, employee or agent of the labor
organization who handled union funds?
$200,000
15. During the reporting period did the labor
organization acquire or dispose of any assets in a manner
other than purchase or sale?
Yes
16. Were any of the labor organization's
assets pledged as security or encumbered in any way at the
end of the reporting period?
No
17. Did the labor organization have any
contingent liabilities at the end of the reporting period?
No
18. During the reporting period did the labor
organization have any changes in its constitution or
bylaws, other than rates of dues and fees, or in
practices/procedures listed in the instructions?
Yes
19. What is the date of the labor
organization's next regular election of officers?
09/2024
20. How many members did the labor organization
have at the end of the reporting period?
1,832
21. What are the labor organization's rates of dues
and fees?
Rates of Dues and Fees
Dues/Fees
Amount
Unit
Minimum
Maximum
(a) Regular Dues/Fees
$19 - $125
per
Month
$19
$125
(b) Working Dues/Fees
N/A
per
N/A
N/A
N/A
(c) Initiation Fees
$50 - $350
per
Individual
$50
$350
(d) Transfer Fees
$0.50
per
Transfer
N/A
N/A
(e) Work Permits
N/A
per
N/A
N/A
N/A
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
STATEMENT A - ASSETS
AND LIABILITIES
FILE NUMBER:
065-291
ASSETS
ASSETS
Schedule
Number
Start of Reporting Period
(A)
End of Reporting Period
(B)
22. Cash
$567,405
$693,335
23. Accounts Receivable
1
$52,680
$15,527
24. Loans Receivable
2
$0
$0
25. U.S. Treasury
Securities
$0
$0
26. Investments
5
$0
$0
27. Fixed Assets
6
$115,163
$133,300
28. Other Assets
7
$0
29.
TOTAL ASSETS
$735,248
$842,162
LIABILITIES
LIABILITIES
Schedule
Number
Start of Reporting Period
(A)
End of Reporting Period
(B)
30. Accounts Payable
8
$56,854
$60,641
31. Loans Payable
9
$0
$0
32. Mortgages Payable
$0
$0
33. Other Liabilities
10
$0
34. TOTAL
LIABILITIES
$56,854
$60,641
35. NET
ASSETS
$678,394
$781,521
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
STATEMENT B -
RECEIPTS AND DISBURSEMENTS
FILE NUMBER:
065-291
CASH
RECEIPTS
SCH
AMOUNT
36. Dues and Agency Fees
$1,319,465
37. Per Capita Tax
$0
38. Fees, Fines,
Assessments, Work Permits
$91,898
39. Sale of Supplies
$1,210
40. Interest
$816
41. Dividends
$0
42. Rents
$0
43. Sale of Investments
and Fixed Assets
3
$0
44. Loans Obtained
9
$0
45. Repayments of Loans
Made
2
$0
46. On Behalf of
Affiliates for Transmittal to Them
$0
47. From Members for
Disbursement on Their Behalf
$1,414
48. Other Receipts
14
$1,359
49. TOTAL RECEIPTS
$1,416,162
CASH DISBURSEMENTS
SCH
AMOUNT
50.
Representational Activities
15
$453,135
51.
Political Activities and Lobbying
16
$0
52.
Contributions, Gifts, and Grants
17
$11,033
53. General
Overhead
18
$91,003
54. Union
Administration
19
$116,864
55. Benefits
20
$253,877
56. Per
Capita Tax
$289,186
57. Strike
Benefits
$0
58. Fees,
Fines, Assessments, etc.
$0
59. Supplies
for Resale
$1,781
60. Purchase
of Investments and Fixed Assets
4
$26,064
61. Loans
Made
2
$0
62.
Repayment of Loans Obtained
9
$0
63. To
Affiliates of Funds Collected on Their Behalf
$0
64. On
Behalf of Individual Members
$1,414
65. Direct
Taxes
$45,875
66. Subtotal
$1,290,232
67.
Withholding Taxes and Payroll Deductions
67a. Total
Withheld
$110,619
67b. Less Total
Disbursed
$110,619
67c.
Total Withheld But Not Disbursed
68.
TOTAL DISBURSEMENTS
$1,290,232
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 1 - ACCOUNTS
RECEIVABLE AGING SCHEDULE
FILE NUMBER:
065-291
Entity or Individual Name
(A)
Total Account Receivable
(B)
90-180 Days
Past Due
(C)
180+ Days
Past Due
(D)
Liquidated Account
Receivable
(E)
Total of all itemized
accounts receivable
$0
$0
$0
$0
Totals from all other
accounts receivable
$15,527
$0
$0
$0
Totals
(Total of Column (B) will be automatically entered in Item
23, Column(B))
$15,527
$0
$0
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 2 - LOANS
RECEIVABLE
FILE NUMBER:
065-291
List below loans to officers, employees, or members which
at any time during the reporting period exceeded $250 and
list all loans to business enterprises regardless of amount.
(A)
Loans
Outstanding at
Start of Period
(B)
Loans Made
During Period
(C)
Repayments Received During Period
Cash
(D)(1)
Other Than Cash
(D)(2)
Loans
Outstanding at
End of Period
(E)
Total of loans not
listed above
Total of all lines
above
$0
$0
$0
$0
$0
Totals will be
automatically entered in...
Item 24
Column (A)
Item 61
Item 45
Item 69
with Explanation
Item 24
Column (B)
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 3 - SALE OF
INVESTMENTS AND FIXED ASSETS
FILE NUMBER:
065-291
Description (if land or buildings, give location)
(A)
Cost
(B)
Book Value
(C)
Gross Sales Price
(D)
Amount Received
(E)
Total of all
lines above
$0
$0
$0
$0
Less Reinvestments
$0
(The
total from Net Sales Line will be automatically entered
in Item 43)
Net Sales
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 4 - PURCHASE
OF INVESTMENTS AND FIXED ASSETS
FILE NUMBER:
065-291
Description (if land or buildings, give location)
(A)
Cost
(B)
Book Value
(C)
Cash Paid
(D)
Total
of all lines above
$26,064
$26,064
$26,064
Building Improvements
$26,064
$26,064
$26,064
Less Reinvestments
$0
(The
total from Net Purchases Line will be automatically
entered in Item 60.)
Net Purchases
$26,064
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 5 -
INVESTMENTS
FILE NUMBER:
065-291
Description
(A)
Amount
(B)
Marketable Securities
A. Total Cost
B. Total Book Value
C. List each
marketable security which has a book value over $5,000
and exceeds 5% of Line B.
Other Investments
D. Total Cost
E. Total Book Value
F. List each other
investment which has a book value over $5,000 and
exceeds 5% of Line E. Also, list each subsidiary
for which separate reports are attached.
G. Total of Lines B and E
(Total will be automatically entered in Item 26,
Column(B))
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 6 - FIXED
ASSETS
FILE NUMBER:
065-291
Description
(A)
Cost or Other Basis
(B)
Total Depreciation or
Amount Expensed
(C)
Book Value
(D)
Value
(E)
A.
Land (give location)
Land
1
:
451 E. Churchmans Road, New Castle, DE 19720
$36,203
$36,203
$670,000
B.
Buildings (give location)
Building
1
:
451 E. Churchmans Road, New Castle, DE 19720
$359,217
$263,764
$95,453
$75,000
C. Automobiles
and
Other Vehicles
$0
$0
$0
$0
D. Office
Furniture
and Equipment
$92,149
$90,505
$1,644
$1,644
E.
Other Fixed Assets
$0
$0
$0
$0
F. Totals of Lines A through E
(Column(D) Total will be automatically entered in Item
27, Column(B))
$487,569
$354,269
$133,300
$746,644
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 7 - OTHER
ASSETS
FILE NUMBER:
065-291
Description
(A)
Book Value
(B)
Total
(Total will be automatically entered in Item 28, Column(B))
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 8 - ACCOUNTS
PAYABLE AGING SCHEDULE
FILE NUMBER:
065-291
Entity or Individual Name
(A)
Total Account
Payable
(B)
90-180 Days
Past Due
(C)
180+ Days Past
Due
(D)
Liquidated Account
Payable
(E)
Total for all itemized accounts payable
$0
$0
$0
$0
Total from all other accounts payable
$60,641
$0
$0
$0
Totals
(Total for Column(B) will be automatically entered in Item
30, Column(D))
$60,641
$0
$0
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 9 - LOANS
PAYABLE
FILE NUMBER:
065-291
Source of Loans Payable at Any
Time During the Reporting Period
(A)
Loans Owed at
Start of Period
(B)
Loans Obtained
During Period
(C)
Repayment
During Period
Cash
(D)(1)
Repayment
During Period
Other Than Cash
(D)(2)
Loans Owed at
End of Period
(E)
Total Loans Payable
$0
$0
$0
$0
$0
Totals will be automatically entered in...
Item 31
Column (C)
Item 44
Item 62
Item 69
with Explanation
Item 31
Column (D)
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 10 - OTHER
LIABILITIES
FILE NUMBER:
065-291
Description
(A)
Amount at End of Period
(B)
Total Other Liabilities
(Total will be automatically entered in Item 33, Column(D))
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 11 - ALL
OFFICERS AND DISBURSEMENTS TO OFFICERS
FILE NUMBER:
065-291
(A) Name
(B) Title
(C) Status
(D)
Gross Salary
Disbursements
(before any
deductions)
(E)
Allowances
Disbursed
(F)
Disbursements
for Official Business
(G)
Other
Disbursements not reported in
(D) through (F)
(H)
TOTAL
A
B
C
Smith Jr.
,
Joseph
W President/Bus. Agent C
$112,288
$8,100
$6,450
$0
$126,838
I
Schedule 15
Representational Activities
90
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
10
%
A
B
C
McCartney
,
Leonard
E Vice President/Bus. Agent C
$105,795
$8,100
$6,587
$0
$120,482
I
Schedule 15
Representational Activities
100
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
0
%
A
B
C
Thornburg
,
Paul
A Sec Treasurer/Bus. Agent C
$105,795
$8,100
$6,526
$0
$120,421
I
Schedule 15
Representational Activities
90
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
10
%
A
B
C
Gibbons Jr.
,
Richard
Recording Secretary C
$5,380
$0
$230
$0
$5,610
I
Schedule 15
Representational Activities
0
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
100
%
A
B
C
Hite
,
Doug
Trustee C
$5,780
$0
$2,435
$0
$8,215
I
Schedule 15
Representational Activities
0
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
100
%
A
B
C
Sparks Jr.
,
James
W Trustee C
$5,380
$0
$337
$0
$5,717
I
Schedule 15
Representational Activities
0
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
100
%
A
B
C
Bradford IV
,
Charles
Trustee C
$5,780
$0
$489
$0
$6,269
I
Schedule 15
Representational Activities
0
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
100
%
Total Officer
Disbursements
$346,198
$24,300
$23,054
$0
$393,552
Less Deductions
$94,115
Net
Disbursements
$299,437
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 12 -
DISBURSEMENTS TO EMPLOYEES
FILE NUMBER:
065-291
(A) Name
(B) Title
(C) Other Payer
(D)
Gross Salary
Disbursements
(before any
deductions)
(E)
Allowances Disbursed
(F)
Disbursements for Official Business
(G)
Other Disbursements not reported in
(D) through (F)
(H)
TOTAL
A
B
C
Yerkes
,
Nicole
Office Manager N/A
$44,372
$0
$293
$0
$44,665
I
Schedule 15
Representational Activities
0
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
20
%
Schedule 19
Administration
80
%
TOTALS RECEIVED
BY EMPLOYEES MAKING $10,000 OR LESS
$13,334
$0
$2,165
$0
$15,499
I
Schedule 15
Representational Activities
100
%
Schedule 16
Political Activities and Lobbying
0
%
Schedule 17
Contributions
0
%
Schedule 18
General Overhead
0
%
Schedule 19
Administration
0
%
Total
Employee Disbursements
$57,706
$0
$2,458
$0
$60,164
Less
Deductions
$16,504
Net Disbursements
$43,660
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 13 -
MEMBERSHIP STATUS
FILE NUMBER:
065-291
Category of Membership
(A)
Number
(B)
Voting Eligibility
(C)
Members
(Total of all lines above)
1,832
Agency Fee Payers*
266
Total Members/Fee Payers
2,098
*Agency Fee Payers are
not considered members of the labor organization.
Active Members
1,457
Yes
Officers
3
Yes
Stewards
37
Yes
Alternative Stewards
26
Yes
New Applicants
264
Yes
Unlisted on Check-Off
45
Yes
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
DETAILED SUMMARY PAGE
- SCHEDULES 14 THROUGH 19
FILE NUMBER:
065-291
SCHEDULE 14 OTHER RECEIPTS
1. Named Payer
Itemized Receipts
$0
2. Named Payer
Non-itemized Receipts
$0
3. All Other Receipts
$1,359
4. Total
Receipts
$1,359
SCHEDULE 17 CONTRIBUTIONS,
GIFTS & GRANTS
1. Named Payee
Itemized Disbursements
$5,000
2. Named Payee
Non-itemized Disbursements
$0
3. To Officers
$0
4. To Employees
$0
5. All Other
Disbursements
$6,033
6. Total
Disbursements
$11,033
SCHEDULE 15 REPRESENTATIONAL
ACTIVITIES
1. Named Payee
Itemized Disbursements
$5,000
2. Named Payee
Non-itemized Disbursements
$53,558
3. To Officers
$343,015
4. To Employees
$15,499
5. All Other
Disbursements
$36,063
6. Total
Disbursements
$453,135
SCHEDULE 18 GENERAL OVERHEAD
1. Named Payee
Itemized Disbursements
$8,035
2. Named Payee
Non-itemized Disbursements
$15,542
3. To Officers
$0
4. To Employees
$8,933
5. All Other
Disbursements
$58,493
6. Total
Disbursements
$91,003
SCHEDULE 16 POLITICAL
ACTIVITIES AND LOBBYING
1. Named Payee
Itemized Disbursements
$0
2. Named Payee
Non-itemized Disbursements
$0
3. To Officers
$0
4. To Employees
$0
5. All Other
Disbursements
$0
6. Total
Disbursements
$0
SCHEDULE 19 UNION
ADMINISTRATION
1. Named Payee
Itemized Disbursements
$0
2. Named Payee
Non-itemized Disbursements
$13,200
3. To Officers
$50,537
4. To Employees
$35,732
5. All Other
Disbursements
$17,395
6. Total
Disbursements
$116,864
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 14 - OTHER
RECEIPTS
FILE NUMBER:
065-291
There was no data
found for this schedule.
SCHEDULE 15 -
REPRESENTATIONAL ACTIVITIES
FILE NUMBER:
065-291
Name and Address
(A)
Cockey Brennan & Maloney PC
33 Lemmon Hill Lane Salisbury MD 21801
Type or Classification
(B)
Law Firm
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
$5,000
Total
Non-Itemized Transactions with this Payee/Payer
$0
Total of All Transactions with this
Payee/Payer for This Schedule
$5,000
Legal Fees
04/15/2022
$5,000
Name and Address
(A)
Jeffrey Weiner
1332 King Street Wilmington DE 19801
Type or Classification
(B)
Law Firm
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
$25,414
Total of All Transactions with this
Payee/Payer for This Schedule
$25,414
Name and Address
(A)
Markowitz & Richman
123 S. Broad Street Philadelphia PA 19109
Type or Classification
(B)
Law Firm
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
$28,144
Total of All Transactions with this
Payee/Payer for This Schedule
$28,144
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 16 -
POLITICAL ACTIVITIES AND LOBBYING
FILE NUMBER
065-291
Name and Address
(A)
-1
Type or Classification
(B)
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
Total of All Transactions with this
Payee/Payer for This Schedule
$0
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 17 -
CONTRIBUTIONS, GIFTS & GRANTS
FILE NUMBER:
065-291
Name and Address
(A)
Teamsters Scholarship Fund
25 Louisiana Ave, NW Washington DC 20001
Type or Classification
(B)
Affiliated Scholarship Fund
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
$5,000
Total
Non-Itemized Transactions with this Payee/Payer
$0
Total of All Transactions with this
Payee/Payer for This Schedule
$5,000
Charitable Donation
12/18/2022
$5,000
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 18 - GENERAL
OVERHEAD
FILE NUMBER:
065-291
Name and Address
(A)
Pitney Bowes Credit Corp 9001099
Louisville KY 40290
Type or Classification
(B)
Postage Company
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
$5,003
Total of All Transactions with this
Payee/Payer for This Schedule
$5,003
Name and Address
(A)
Republic Services
1420 New York Ave Wilmington DE 19801
Type or Classification
(B)
Trash Company
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
$10,539
Total of All Transactions with this
Payee/Payer for This Schedule
$10,539
Name and Address
(A)
Teamsters Pension Fund
2500 McClellan Ave Pennsuken NJ 08109
Type or Classification
(B)
Affiliated Benefit Fund
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
$8,035
Total
Non-Itemized Transactions with this Payee/Payer
$0
Total of All Transactions with this
Payee/Payer for This Schedule
$8,035
Fraudulent Check that was cashed
09/01/2022
$8,035
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 19 - UNION
ADMINISTRATION
FILE NUMBER:
065-291
Name and Address
(A)
Novak Francella LLC
40 Monument Road Bala Cynwyd PA 19004
Type or Classification
(B)
Independent Certified Public Accounting Firm
Purpose
(C)
Date
(D)
Amount
(E)
Total
Itemized Transactions with this Payee/Payer
Total
Non-Itemized Transactions with this Payee/Payer
$13,200
Total of All Transactions with this
Payee/Payer for This Schedule
$13,200
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
SCHEDULE 20 -
BENEFITS
FILE NUMBER:
065-291
Description
(A)
To Whom Paid
(B)
Amount
(C)
Total of all
lines above (Total will be automatically entered in Item
55.)
$253,877
Pension Benefits
Teamsters Pension Fund of Philadelphia
$160,937
Health and Welfare Benefits
Teamsters H&W Fund of Philadelphia
$60,983
Health and Welfare Benefits
Teamsters JC#53 H&W Fund
$31,797
Group Life Insurance
Mutual of Omaha
$160
Form LM-2 (Revised 2010); (Tech. Rev. 2/2013)
69. ADDITIONAL
INFORMATION SUMMARY
FILE NUMBER:
065-291
Question 18: The International Union updated its Constitution during the year. The parent body is filing the constitution on the labor organization's behalf.
Question 10:
General Teamsters Local Union No. 326 created the Joseph B. Shafferman Memorial Scholarship Fund, however, officers do not participate in the administration of the Fund. Members of the
General Teamsters Local Union No. 326 participate in the administration of the Fund.
Purpose: To provide scholarships to members of Teamsters Local 326 or their dependents.
Address: 451 E. New Churchmans Rd. NewCastle, Delaware 19720.
Question 11(a):
Question 11(a): : :
General Teamsters Local Union No. 326 Political Action Committee, 451 East new Churchman's Road, New Castle, DE 19720. EIN: 51-0307196. The committee does not make contributions to federal candidates. The committee files reports with the State of Delaware (Account Number 02000462). The financial activity of the PAC is not included in this report because the funds of the PAC are kept separate from the Local's treasury and publicly available reports are filed with the appropriate state agency.
Question 12: The Local's books and records were audited by the independent accounting firm Novak Francella LLC, Certified Public Accountants, for the year ending December 31, 2022.
Question 13: During 2022, a check was stolen through the mail that was made out to the Teamsters Pension Fund. This check was somehow cashed by the bank even though it was marked for deposit only. The amount of the check was for $8,035 and is currently listed on
Schedule 18. The Local is still working with the bank to get these funds paid back since this was an error on the bank.
Question 15: Depreciation of fixed assets totaling $7,927 was charged during the year ending December 31, 2022.
Schedule 13, Row1:
Schedule 13, Row1:A member who is current on dues and is actively working in the trade. They pay full dues.
Schedule 13, Row1:
Schedule 13, Row1:
Schedule 13, Row2:
Schedule 13, Row2:An officer of the
General Teamsters Local No. 326. They pay full dues at the maximum rate.
Schedule 13, Row2:
Schedule 13, Row2:
Schedule 13, Row3:
Schedule 13, Row3:An active member who acts as a liaison between the employer (Company) and the Union. The steward is an employee of the Company. They pay full dues.
Schedule 13, Row3:
Schedule 13, Row3:
Schedule 13, Row4:
Schedule 13, Row4:An active member who is an assistant to the regular steward. They act as the steward in the absence of the regular steward. They pay full dues.
Schedule 13, Row4:
Schedule 13, Row4:
Schedule 13, Row5:
Schedule 13, Row5:A member of the Union who still owes a balance on their initiation fees. They pay full dues.
Schedule 13, Row5:
Schedule 13, Row5:
Schedule 13, Row6:
Schedule 13, Row6:A member who is terminated but cannot be suspended until they are more than 3 months delinquent with their dues payments.