ABSTRACT
This chapter portrays the aggregated financial position of the 53 unions over the 2000–2007 through 2018–2019 time period. The data show the unions experienced some downturn in financial resources during the great recession but ended up over these 14 years with substantially greater total and net assets. Their total and net receipts were also higher but by relatively smaller amounts. Overall, the unions’ member-based income (MBI) increased by a significantly greater amount than their operating budgets. Across the national organizations, administrative and compensation expenditures climbed by 15 and 18 percent, respectively, comparing 2018–2019 to 2006–2007. Over the entire time period, the unions’ aggregated financial performance according to the five ratios improved in each instance. On a per-member basis, the unions’ financial position generally improved in terms of available resources.
