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Finances

The Teamsters Union is by no means a simple organization. It is a big business, surviving on the dues of its hard-working members. The Union is required each year to file a document with the federal government called an "LM-2" which reports the union's most recent financial results.

See the Teamsters Union's LM-2 Report.

The Teamsters latest LM-2 Report states that the Union collected more than $374 million in cash receipts. Yet the Teamsters spent more than $389 million.

That's right, the Teamsters Union somehow managed to pay out $15 million more than they collected.

Teamsters: $374+ MILLION - Members: $0.00

The Union collected over $374 million, but how much did it spend on behalf of individual members? Well, according to the latest LM-2, the Teamsters responded to this item as follows:

On Behalf of Individual Members: $0.00

So, where is the money going?

A chunk of the money is going to pay the costly salaries and expenses of top Teamsters' officials. The Union paid more than $40 million for the combined salaries and expenses of its officers and employees.

Teamsters Union Officials Disbursements
$40,596,463

Union Officials

Big money

The chart below breaks down how the Teamsters Union spent $389,844,192.



*Other: Contributions, Gifts and Grants; Loans Made; Strike Benefits; Fines, Fees, Assessments; Strikes for Resale; Purchase of Investments and Fixed Assets; Repayment of Loans Obtained; To Affiliates of Funds Collected on Their Behalf; On Behalf of Individual Members; Withheld, but Not Disbursed.

Source for all figures: 2025 IBT LM-2 Report