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.
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.
The union operates with the goal of improving workers' conditions, wages, and benefits through the collective bargaining process.
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.
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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John J Gerow President | Officer | 40 | $162,640 |
Maria Perez Secretary-Treas | Officer | 40 | $148,950 |
Amy Lewis Recording Sec'y | Officer | 40 | $106,745 |
Patrick Guaschino Vice President | Officer | 40 | $105,210 |
Carl Watson Trustee | Officer | 40 | $94,920 |
George Burr Trustee | Officer | 40 | $91,253 |
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 |
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. | $995,557 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $370,821 |
Pension plan accruals and contributions | $125,884 |
Other employee benefits | $75,383 |
Payroll taxes | $93,661 |
Fees for services: Management | $0 |
Fees for services: Legal | $305,478 |
Fees for services: Accounting | $29,870 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,281 |
Advertising and promotion | $0 |
Office expenses | $40,712 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $133,020 |
Travel | $16,719 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,329 |
Interest | $447 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $97,266 |
Insurance | $38,807 |
All other expenses | $31,349 |
Total functional expenses | $3,318,548 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,715,072 |
Savings and temporary cash investments | $315,903 |
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 | $161,034 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $442,152 |
Total assets | $2,634,161 |
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 | $324,427 |
Other liabilities | $7,461 |
Total liabilities | $331,888 |
Net assets without donor restrictions | $2,302,273 |
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 | $2,634,161 |
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 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 |
Retail Wholesale & Department Store Union New York, NY | $50,504,227 | $15,796,954 |