Employer-Teamsters Local 205
- Assets
- $2.3m
- Revenue
- $4.4m
- Investments
- $1.3m
- Employees
- 0
- Location
- White Oak, PA
- Founding
- 07/1982
- Data as of
- 04/2022
- EIN
- 25-1417264
Organization Overview
Employer-Teamsters Local 205 is located in White Oak, PA. The organization was established in 1982. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employer-Teamsters Local 205 is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 04/2022, Employer-Teamsters Local 205 generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $5.0m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH, DENTAL, VISION, TEMPORARY DISABILITY, AND LEGAL BENEFITS TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH, LIFE, DENTAL, VISION, TEMPORARY DISABILITY, AND LEGAL BENEFITS TO MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl A Bailey Chairman Trustee | OfficerTrustee | 1 | $0 |
Edward Boehm Trustee | Trustee | 1 | $0 |
Dave Schneider Trustee | Trustee | 1 | $0 |
Tim Rogers Trustee | Trustee | 1 | $0 |
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 | $4,336,910 |
| Investment income | $56,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,140 |
| Net Gain/Loss on Asset Sales | -$3,271 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,427,488 |
| 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 | $4,584,584 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,757 |
| Fees for services: Accounting | $20,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,093 |
| Fees for services: Other | $40,900 |
| Advertising and promotion | $0 |
| Office expenses | $32,125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,635 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $1,100 |
| Depreciation, depletion, and amortization | $15,577 |
| Insurance | $4,678 |
| All other expenses | $0 |
| Total functional expenses | $4,971,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,484 |
| Savings and temporary cash investments | $2,788 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,128 |
| 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 | $15,624 |
| Net Land, buildings, and equipment | $191,251 |
| Investments—publicly traded securities | $608,706 |
| Investments—other securities | $1,322,630 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,347,611 |
| Accounts payable and accrued expenses | $44,970 |
| Grants payable | $0 |
| Deferred revenue | $332,868 |
| 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 | $377,838 |
| 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 | $1,969,773 |
| Total liabilities and net assets/fund balances | $2,347,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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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 |
International Brotherhood Of Electrical Workers Lanham, MD | $52,981,835 | $24,694,150 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
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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 |
International Union Of Operating Engineers 18 Cleveland, OH | $86,409,079 | $20,332,852 |