International Brotherhood Of Teamsters
- Assets
- $330.5k
- Revenue
- $878.7k
- Investments
- $0.0
- Employees
- 28
- Location
- Elkins Park, PA
- Founding
- 02/1941
- Data as of
- 12/2021
- EIN
- 23-1194355
Organization Overview
International Brotherhood Of Teamsters is located in Elkins Park, PA. 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 28 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 $878.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $814.0k during the year ending 12/2021. While expenses have increased by 3.4% 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
SERVICE AND REPRESENT MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC BENEFITS THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Reice President | OfficerTrustee | 40 | $94,600 |
Robert Brunner Secretary-Treasurer | OfficerTrustee | 40 | $66,000 |
Christopher Cunningham Vice President | OfficerTrustee | 40 | $55,000 |
James Arleth Trustee | Trustee | 2 | $2,341 |
George Mccarron Recording Secretary | OfficerTrustee | 10 | $1,515 |
Gregory Bernstiel Trustee | Trustee | 0 | $1,428 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $788,217 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,417 |
| 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 | $869,634 |
| Total Program Service Revenue | $9,006 |
| Investment income | $13 |
| 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 | $878,653 |
| 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. | $383,743 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $9,923 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,961 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,200 |
| Fees for services: Accounting | $12,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,300 |
| Advertising and promotion | $0 |
| Office expenses | $5,908 |
| Information technology | $2,496 |
| Royalties | $0 |
| Occupancy | $38,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,092 |
| Interest | $0 |
| Payments to affiliates | $148,934 |
| Depreciation, depletion, and amortization | $10,493 |
| Insurance | $10,676 |
| All other expenses | $36,527 |
| Total functional expenses | $813,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,064 |
| Savings and temporary cash investments | $128,693 |
| 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 | $95,455 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $58,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $330,504 |
| Accounts payable and accrued expenses | $13,000 |
| 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 | $0 |
| Total liabilities | $13,000 |
| Net assets without donor restrictions | $317,504 |
| 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 | $330,504 |