International Brotherhood Of Teamsters

The information for International Brotherhood Of Teamsters is as of the organization's most recent filing in December '21. This organization is located in Clark, NJ. It has been in existence for 80 years, following its founding in 1941.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The International Brotherhood Of Teamsters' NTEE code is J40. The "J" tells us that the organization is classified along with Labor Unions. The "40" tells us that the organization is focused on Employment. The NTEE describes Labor Unions as organizations that work to promote the rights of employees to fair remuneration and safe working conditions. This organization is governed by section 501(c)(5) of the Internal Revenue Code, which is for Labor, Agricultural and Horticultural Organizations. The mission of the International Brotherhood Of Teamsters is to engage in labor union activities, specifically member representation and organizing.

Program Areas

The union operates with the goal of improving workers' conditions, wages, and benefits through the collective bargaining process.

Organization Staffing

The International Brotherhood Of Teamsters is run by John J Gerow, who serves as the President of the organization. The labor force of the organization consists of 227 employees, with only 4 employees being paid over $100k per year. Currently, the organization does not have any volunteers.

Board Governance

The International Brotherhood of Teamsters appears to have a relatively small governing board, consisting of 7 voting members. However, it is concerning that there are no independent members on the board, which could potentially lead to a lack of diverse perspectives and potential conflicts of interest. Additionally, the organization does not have a conflict of interest policy or require disclosure of conflicts, which further raises concerns about transparency and accountability. It is positive to note that board meetings are documented, indicating a level of transparency and record-keeping within the organization. However, committee meetings are not documented, which could hinder effective communication and decision-making processes. The organization also does not have written policies in place for whistleblowers, document retention, or substantiating and reviewing leadership and officer salaries. These policies are important for ensuring ethical practices, accountability, and transparency within the organization. On a more positive note, the organization does provide copies of the 990 to the board prior to filing, indicating a level of financial transparency. However, without other policies and practices in place to ensure good governance, it is difficult to determine the overall effectiveness of the organization's governance structure. Overall, there are areas where the International Brotherhood of Teamsters could improve its governance practices to ensure greater transparency, accountability, and ethical conduct.

Organization Growth

The International Brotherhood of Teamsters, a nonprofit organization, has experienced mixed growth over the given time period. Program service revenue, investment income, total revenue, employee salaries, and total expenses have all decreased from 2014 to 2021. However, other revenue has increased slightly during this time. On the other hand, the organization has seen significant growth in terms of total employees, with the number increasing from 121 in 2014 to 227 in 2021. Overall, while the financial aspects of the organization have declined, there has been growth in terms of the number of employees.

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Board, Officers & Key Employees

Name (title)Compensation
John J Gerow
President
$162,640
Maria Perez
Secretary-Treas
$148,950
Amy Lewis
Recording Sec'y
$106,745
Patrick Guaschino
Vice President
$105,210
Carl Watson
Trustee
$94,920
George Burr
Trustee
$91,253

Financial Statements

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$3,459,145
Investment income $1,456
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,516,318

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