International Brotherhood Of Teamsters is located in New York, 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 Teamsters employed 102 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Teamsters 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 Teamsters generated $16.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $16.5m during the year ending 12/2021. While expenses have increased by 1.3% 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.
Since 2016, International Brotherhood Of Teamsters has awarded 19 individual grants totaling $113,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CITY EMPLOYEES UNION LOCAL 237 (THE LOCAL) ASSISTS ITS MEMBERS IN OBTAINING IMPROVEMENTS IN WAGES, BENEFITS, AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS WITHIN ITS JURISDICTION. THE LOCAL ALSO REPRESENTS ITS MEMBERS IN THE ENFORCEMENT OF VARIOUS RIGHTS ARISING OUT OF THE COLLECTIVE BARGAINING RELATIONSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION PROVIDES ASSISTANCE TO ITS MEMBERS IN LABOR RELATED MATTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Floyd President | Officer | 40 | $252,121 |
Robert Kissane Controller | 40 | $220,059 | |
Donald Arnold Secretary Treasurer | Officer | 40 | $207,702 |
Benedict Carenza Trustee | Trustee | 40 | $186,702 |
Phyllis Shafran Director Of Comm/pol Actio | 40 | $185,006 | |
Malcolm Patterson Jr Director Of Hearing And Gr | 40 | $182,203 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cohen Weiss & Simon Llp Attorneys | 12/30/21 | $330,456 |
Social Impact Strategies Consulting Consulting | 12/30/21 | $150,000 |
Archer Byington Glennon & Levine Attorneys | 12/30/21 | $248,795 |
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 | $14,995,975 |
Investment income | $110,227 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,737 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,693,793 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $81,732 |
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. | $1,199,204 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,853,971 |
Pension plan accruals and contributions | $359,706 |
Other employee benefits | $798,759 |
Payroll taxes | $483,303 |
Fees for services: Management | $0 |
Fees for services: Legal | $684,933 |
Fees for services: Accounting | $57,186 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,248 |
Fees for services: Other | $1,025,638 |
Advertising and promotion | $0 |
Office expenses | $797,596 |
Information technology | $187,914 |
Royalties | $0 |
Occupancy | $719,084 |
Travel | $160,491 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $161,406 |
Interest | $0 |
Payments to affiliates | $3,922,958 |
Depreciation, depletion, and amortization | $85,511 |
Insurance | $73,428 |
All other expenses | $0 |
Total functional expenses | $16,493,916 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,861 |
Savings and temporary cash investments | $2,000,370 |
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 | $0 |
Net Land, buildings, and equipment | $433,604 |
Investments—publicly traded securities | $8,433,170 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,122 |
Total assets | $10,937,127 |
Accounts payable and accrued expenses | $0 |
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 | $17,729 |
Total liabilities | $17,729 |
Net assets without donor restrictions | $0 |
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 | $10,919,398 |
Total liabilities and net assets/fund balances | $10,937,127 |
Over the last fiscal year, International Brotherhood Of Teamsters has awarded $20,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
THE INNER CIRCLE PURPOSE: FINANCIAL SUPPORT | $10,000 |
Brooklyn, NY PURPOSE: FINANCIAL SUPPORT | $5,000 |
Long Island City, NY PURPOSE: FINANCIAL SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Federation Of State County & Municipal Employees New York, NY | $77,027,109 | $53,363,394 |
New York State Nurses Association New York, NY | $106,360,017 | $53,864,397 |
United Brotherhood Of Carpenters & Joiners Of America Boston, MA | $146,178,722 | $53,186,412 |
Cement & Concrete Workers District Council Welfare Fund Flushing, NY | $115,712,146 | $34,540,506 |
Service Employees International Union Albany, NY | $31,308,144 | $40,993,536 |
Major League Baseball Players Assn New York, NY | $280,679,317 | $145,511,307 |
United Brotherhood Of Carpenters & Joiners Of America New York, NY | $64,514,321 | $30,390,224 |
American Federation Of State County & Municipal Employees Harrisburg, PA | $13,029,415 | $28,034,126 |
Enterprise Association Local 638 Long Island City, NY | $80,989,566 | $29,703,227 |
United University Professions Benefit Trust Fund Albany, NY | $81,922,697 | $45,334,954 |
Transport Workers Union Of America Brooklyn, NY | $13,886,848 | $35,125,762 |
International Alliance Theatrical Stage Employees New York, NY | $95,540,739 | $36,594,534 |