One reason employees reject their unions is because they pay the union's bills through dues deducted through their paychecks. And the Teamsters have big bills. The union is required each year to file a document called an LM-2, reporting key figures like how much the union takes in dues and how much it spends on things like overhead, travel, and pay for union leaders and staff. See the Teamsters' LM-2 Report.
In 2024, according to the union's most recent report, the Teamsters collected more than $374 million yet spent more than $389 million. That's right, the Teamsters spent $15 million more than they collected. Can you trust them with your money?
A large chunk of that money pays the generous salaries and expenses of top Teamster officials, most who make far more than the members they represent. 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
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:
The chart below breaks down how the Teamsters 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
