Unions like to present themselves as similar to a nonprofit organization, working for the benefit of those they supposedly represent. One of the best ways to evaluate the trustworthiness of a nonprofit is to look at the percentage of total spending that goes directly into their stated programs, versus what they spend on running the organization.
Charity watchdogs like the Better Business Bureau Wise Giving Alliance and the Charity Review Council say this percentage should be no lower than 65%.
The average spending on programs of the top 100 charities in the country, according to the Forbes Top Charities list for 2020, was 87% – far above the minimum.
The image above is a list of how some well-known nonprofits stack up to this measure.
Did the BCTGM even come close?
Hardly! According to their own financial statement, the BCTGM posted total income of almost $11 Million in 2020, yet spent only 30% on Representational Activities. The rest was spent on salaries, benefits and perks, office space and equipment, politics, taxes, and other overhead expenses. Almost the exact opposite of organizations whose stated purpose is to help people.
The BCTGM has been bleeding membership for decades. From 2000 to 2020, the union lost 48% of its membership. In that same period, the BCTGM saw a decrease in revenue of 78%, yet an increase in liabilities of 2154%. Do you feel secure aligning yourself with an organization that has increased it’s debt load by over 2000% in the last 20 years?
An old adage reminds us to “choose our friends wisely.”
The table at the right provides some indication of the “company you keep” with the BCTGM.
Over the last 10 years, the BCTGM has walked out on strike 11 times, for over 1 million workdays lost. The average strike lasted over 3 and a half months. That’s quite a while to be without a paycheck. One of those strikes lasted well over a year, and another close to a year.