International Brotherhood Of Teamsters

Organization Overview

International Brotherhood Of Teamsters is located in Burr Ridge, IL. The organization was established in 1966. 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 18 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 $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, International Brotherhood Of Teamsters has awarded 46 individual grants totaling $592,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS A LABOR UNION FORMED TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS


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Board, Officers & Key Employees

Name (title)Compensation
Terrence J Hancock
Pres Avg Hours Combined
$325,543
John Lisner
Secretary Treasurer
$290,697
Dale Bolt
Recording Sec'y
$231,743
Walter Thiede
Vice President
$139,175
Michael Corrigan
Trustee/business Agent
$133,030
Anuel Adams
Trustee/business Agent
$80,430

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $405,315
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$405,315
Total Program Service Revenue$5,054,941
Investment income $202,300
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $22,585
Net Gain/Loss on Asset Sales $48,797
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,747,603

Grants Awarded

Over the last fiscal year, International Brotherhood Of Teamsters has awarded $80,000 in support to 5 organizations.

Grant RecipientAmount

IN SEARCH OF A CURE

Org PageRecipient Profile

Orland Park, IL

PURPOSE: GENERAL SUPPORT

$25,000

CHICAGO FEDERATION OF LABOR

Org PageRecipient Profile

Chicago, IL

PURPOSE: GENERAL SUPPORT

$25,000

HOMES FOR OUR TROOPS

Org PageRecipient Profile

Taunton, MA

PURPOSE: GENERAL SUPPORT

$10,000

JAMES M SWEENEY GOLF CLASSIC

Org PageRecipient Profile

Carlsbad, CA

PURPOSE: GENERAL SUPPORT

$10,000

TEAMSTERS JOINT COUNCIL 25 CHARITABLE TRUST

Org PageRecipient Profile

Willow Springs, IL

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

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