International Brotherhood Of Teamsters
- Assets
- $2.7m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 64
- Location
- Downers Grove, IL
- Founding
- 05/1966
- Data as of
- 12/2023
- EIN
- 36-1264227
Organization Overview
International Brotherhood Of Teamsters is located in Downers Grove, 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 12/2023, International Brotherhood Of Teamsters employed 64 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 $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE WORKERS FOR THEIR MORAL, ECONOMIC, AND SOCIAL ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS FOR THEIR MORAL, ECONOMIC, AND SOCIAL ADVANCEMENT.
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 |
|---|---|---|---|
Thomas Stiede Secretary-Treasurer | OfficerTrustee | 40 | $116,956 |
Howard Murdoch President/ba (past) | Trustee | 40 | $54,958 |
Patrick Bruno President/ba | Trustee | 40 | $112,584 |
David Mclin Recording Secretary/ba | Trustee | 40 | $98,327 |
Anthony Carioscia Vice President/ba | Trustee | 40 | $115,667 |
Sam Scianna Trustee/ba | Trustee | 40 | $116,181 |
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 | $3,283,021 |
| Investment income | $22,213 |
| 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 | $3,505,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $87,036 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,179,109 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $288,939 |
| Pension plan accruals and contributions | $54,361 |
| Other employee benefits | $38,860 |
| Payroll taxes | $87,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $177,618 |
| Fees for services: Accounting | $10,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,852 |
| Advertising and promotion | $0 |
| Office expenses | $169,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,376 |
| Travel | $77,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,458 |
| Interest | $0 |
| Payments to affiliates | $835,836 |
| Depreciation, depletion, and amortization | $1,429 |
| Insurance | $19,083 |
| All other expenses | $1,806 |
| Total functional expenses | $3,233,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,114 |
| Savings and temporary cash investments | $2,496,355 |
| 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 | $5,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,665 |
| Total assets | $2,664,320 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,164 |
| Total liabilities | $1,164 |
| Net assets without donor restrictions | $2,663,156 |
| 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 | $2,664,320 |