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Unions are by no means simple organizations. The UAW is a big business, surviving on the dues of its hard-working members. The UAW is required each year to file a document called an "LM-2" which reports the union's most recent financial flow.

It's unlikely that their members ever get to see the LM-2. But you can see for yourself - look at the International's LM-2.

In 2010, the UAW International LM-2 Report stated that the union collected over $274 million in cash receipts. Even with that amount of money coming in, the UAW still somehow managed to pay out $275 million - $1 million more than the Union collected.

What do the real numbers look like? To see the real dollars from the UAW financial statement, simply move your cursor over the word "Disbursements" or the word "Receipts."

 

UAW: $274,044,321 - Members: $39,269

Of the over $274 million the UAW collected, how much did it spend on behalf of individual members? Well, according to the LM-2, the Union responded to this item as follows:

$39,269 divided between 376,612 members is just $0.10 per member.

So, where is the money going?

UAW Salaries & BenefitsA chunk of the money is paying top union official salaries and costly operating expenses.

The UAW paid nearly $50 million for the combined salaries and expenses of its officers and employees.

24 of the 25 UAW officers were paid over $100,000 in salary and expenses.

And benefits for the UAW officers and employees totaled over $70 million.

Take a look at the chart below which breaks down how the UAW over $275 million.

UAW Disbursements

*Other: Contributions, Gifts, and Grants; Strike Benefits; Fees, Fines and Assessments, etc.;
Supplies for Resale;Repayment of Loans Obtained; To Affiliates of Funds Collected on Their Behalf; Loans Made; On Behalf of Individual Members
;

Get the latest on the United Auto Workers.

133,111 - What does this number mean? Find out in the UAW Strikes section.

Membership: Find out how many members the Union has lost.

Finances: How much money did the Union collect and spend this year?

How much of the UAW's income could come right out of your pocket?

Find out how much your union dues could be with the Dues Calculator.

Discover just how much you could earn if you invest your money instead of paying dues with the Investment Calculator.

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