International Brotherhood Of Teamsters
- Assets
- $8.7m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 7
- Location
- Wilmington, OH
- Founding
- 02/1941
- Data as of
- 12/2023
- EIN
- 31-1398155
Organization Overview
International Brotherhood Of Teamsters is located in Wilmington, OH. 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 12/2023, International Brotherhood Of Teamsters employed 7 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 12/2023, International Brotherhood Of Teamsters generated $4.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE WORKERS, NEGOTIATE WAGES, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION 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 |
|---|---|---|---|
Joseph Muckle President | Officer | $11,376 | |
Mark Mullis Secretary Tr | Officer | 15 | $1,268 |
Bryan Fordham Recording S | Officer | $0 | |
Keely Petitt Exco Horizon | Officer | $0 | |
Christopher Shepard Trustee | OfficerTrustee | $43,242 | |
Ian Alberts Exco Horizon | Officer | $57,713 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Branstetter Stranch & Jennings Legal Services | 12/30/21 | $142,375 |
Barnard Iglitzin & Lavitt Llp Legal Services | 12/30/21 | $141,135 |
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 | $3,897,029 |
| Investment income | $600,873 |
| 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 | $4,755,585 |
| 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. | $546,198 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,176,310 |
| Pension plan accruals and contributions | $36,714 |
| Other employee benefits | $110,123 |
| Payroll taxes | $43,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $107,504 |
| Fees for services: Accounting | $34,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,993 |
| Fees for services: Other | $286,092 |
| Advertising and promotion | $8,569 |
| Office expenses | $43,083 |
| Information technology | $66,562 |
| Royalties | $0 |
| Occupancy | $90,008 |
| Travel | $376,935 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,403 |
| Interest | $0 |
| Payments to affiliates | $692,107 |
| Depreciation, depletion, and amortization | $34,175 |
| Insurance | $22,940 |
| All other expenses | $0 |
| Total functional expenses | $3,860,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,330,583 |
| 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 | $780,562 |
| Investments—publicly traded securities | $5,578,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,005 |
| Total assets | $8,693,357 |
| Accounts payable and accrued expenses | $375 |
| 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 | $375 |
| Net assets without donor restrictions | $8,692,982 |
| 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 | $8,693,357 |