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 Carnegie, PA. It has been in existence for 77 years, following its founding in 1944.

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" indicates that the organization is classified under Employment, specifically Labor Unions. The NTEE describes Labor Unions as organizations that work to promote the rights of employees to fair remuneration and safe working conditions. The organization is governed by section 501(c)(5) of the Internal Revenue Code, which is specifically for Labor, Agricultural and Horticultural Organizations. The mission of the International Brotherhood Of Teamsters is to provide brotherhood and job protection for its members, as well as establish and maintain harmonious relations with employers for wages, health and welfare benefits, and work conditions.

Program Areas

The Brotherhood and Job Protection program area focuses on ensuring the well-being and rights of union members. It aims to maintain harmonious relations with over 30 employers who employ union members. This program area is part of the general fund and includes reporting all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

International Brotherhood Of Teamsters is run by Joseph Podolak, who is the President. The organization has 9 employees, of whom only 1 is paid more than $100k per year. Currently, the organization does not have any volunteers.

Board Governance

The International Brotherhood of Teamsters appears to be well-governed based on the information provided. The organization has a relatively small board of 7 voting members, with 6 of them being independent. This suggests a diverse and balanced representation within the board, which is essential for effective governance. Furthermore, the fact that potential conflicts of interest do not exist indicates that the organization is committed to maintaining transparency and avoiding any undue influence. The documentation of board and committee meetings is also a positive sign, as it demonstrates a commitment to accountability and record-keeping. However, there are some areas where the organization could improve its governance practices. The absence of a conflict of interest policy and a whistleblower policy leaves room for potential ethical concerns to arise. These policies are crucial for ensuring that any conflicts or misconduct are properly addressed and reported. Additionally, the lack of a document retention policy raises questions about the organization's ability to maintain important records and comply with legal requirements. Similarly, the absence of a review of leadership and officer salaries may raise concerns about financial transparency and accountability. Overall, while the International Brotherhood of Teamsters demonstrates some good governance practices, there are areas where they could enhance their policies to further strengthen their governance structure.

Organization Growth

The International Brotherhood of Teamsters has experienced growth over the given time period. Program Service Revenue increased from $305.5K in 2015 to $667.3K in 2021, indicating an upward trend. Investment Income, however, decreased from $421 in 2015 to $167 in 2021. Other Revenue, which was not meaningful over this time period, can be ignored. Total Revenue saw an increase from $305.9K in 2015 to $727.3K in 2021. Employee Salaries also increased from $169.0K in 2015 to $399.7K in 2021. Total Expenses rose from $278.7K in 2015 to $635.7K in 2021. Additionally, the number of Total Employees increased from 7 in 2015 to 9 in 2021. Overall, these indicators suggest that the nonprofit organization has grown over the given time period.