International Brotherhood Of Tmstrs is located in Elmsford, NY. The organization was established in 1941. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, International Brotherhood Of Tmstrs employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Tmstrs is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, International Brotherhood Of Tmstrs generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTHE ORGANIZATION REPRESENTS ITS MEMBERSHIP IN SECURING EMPLOYMENT, SUSTAINING THE STANDARD OF WAGES, RESOLVING DIFFERENCES, MAINTAINING HARMONY IN EMPLOYER/EMPLOYEE RELATIONSHIPS AND NEGOTIATING WORKING CONDITIONS AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION REPRESENTS ITS MEMBERSHIP IN SECURING EMPLOYMENT, SUSTAINING THE STANDARD OF WAGES, RESOLVING DIFFERENCES, MAINTAINING HARMONY IN EMPLOYER/EMPLOYEE RELATIONSHIPS AND NEGOTIATING WORKING CONDITIONS AND BENEFITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Louis A Picani President | OfficerTrustee | 39 | $283,654 |
Joseph Sansone Secretary/treas | OfficerTrustee | 39 | $224,411 |
Dominick Cassanelli Jr Vice President | OfficerTrustee | 39 | $200,302 |
Anthony Tortora Business Agent | 40 | $179,509 | |
Roger Taranto Recording Sec. | OfficerTrustee | 39 | $172,119 |
Albert Liberatore Jr Business Agent | 40 | $171,076 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,331,404 |
Investment income | $107,412 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $123,367 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,811,272 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,336,942 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $388,010 |
Pension plan accruals and contributions | $750,016 |
Other employee benefits | $141,679 |
Payroll taxes | $147,246 |
Fees for services: Management | $0 |
Fees for services: Legal | $436,738 |
Fees for services: Accounting | $44,990 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $32,232 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $121,785 |
Information technology | $36,850 |
Royalties | $0 |
Occupancy | $193,555 |
Travel | $60,751 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,371 |
Interest | $0 |
Payments to affiliates | $643,576 |
Depreciation, depletion, and amortization | $13,680 |
Insurance | $88,659 |
All other expenses | $20,132 |
Total functional expenses | $4,592,568 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $159,014 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $69,499 |
Net Land, buildings, and equipment | $108,817 |
Investments—publicly traded securities | $5,904,984 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $410,850 |
Total assets | $6,653,164 |
Accounts payable and accrued expenses | $171,218 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $201,079 |
Total liabilities | $372,297 |
Net assets without donor restrictions | $6,280,867 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,653,164 |
Organization Name | Assets | Revenue |
---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
Sheetmetal Workers Local 12 Pittsburgh, PA | $43,864,039 | $19,934,211 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Teamsters Local 97 Fund Clark, NJ | $4,130,996 | $17,509,914 |
International Union Of Operating Engineers 825 825 A&b Springfield, NJ | $42,119,361 | $15,523,159 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Brotherhood Of Electrical Workers Dorchester, MA | $20,226,169 | $18,660,825 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |