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 12/2021, International Brotherhood Of Teamsters employed 53 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 $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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
2021
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sam Scianna Trustee/ba | Trustee | 40 | $113,577 |
Anthony Carioscia Trustee/ba | Trustee | 40 | $112,924 |
Patrick Bruno Vice-Presdent/ba | Trustee | 40 | $104,939 |
Howard Murdoch President/ba | Trustee | 40 | $103,509 |
Thomas Stiede Secretary-Treasurer | OfficerTrustee | 40 | $98,145 |
David Mclin Recording Secretary/ba | Trustee | 40 | $93,500 |
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 | $2,841,039 |
Investment income | $541 |
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 | $3,013,810 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $32,630 |
Grants and other assistance to domestic individuals. | $731 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $945,554 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $256,915 |
Pension plan accruals and contributions | $107,318 |
Other employee benefits | $57,595 |
Payroll taxes | $79,089 |
Fees for services: Management | $0 |
Fees for services: Legal | $229,677 |
Fees for services: Accounting | $11,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,293 |
Advertising and promotion | $3,659 |
Office expenses | $42,019 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $94,692 |
Travel | $89,752 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,020 |
Interest | $0 |
Payments to affiliates | $738,292 |
Depreciation, depletion, and amortization | $1,345 |
Insurance | $15,669 |
All other expenses | $6,791 |
Total functional expenses | $2,852,052 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,081,463 |
Savings and temporary cash investments | $0 |
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 | $1,237 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $22,665 |
Total assets | $2,105,365 |
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 | $506 |
Total liabilities | $506 |
Net assets without donor restrictions | $2,104,859 |
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 | $2,105,365 |
Organization Name | Assets | Revenue |
---|---|---|
American Federation Of State County & Municipal Employees Springfield, IL | $61,133,676 | $26,100,915 |
Laborers International Union Of North America Burr Ridge, IL | $65,530,613 | $20,238,151 |
Chicago Regional Council Of Carpenters Apprentice And Trainee Elk Grove Village, IL | $58,144,102 | $15,674,310 |
Indiana State Teachers Association Indianapolis, IN | $36,026,795 | $22,473,562 |
Chicago Journeymen Plumbers Local 130 Chicago, IL | $20,981,689 | $17,441,460 |
United Food And Commercial Workers International Union Des Plaines, IL | $30,640,392 | $15,439,141 |
Laborers International Union Of North America Chicago, IL | $42,312,837 | $17,661,518 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union Chicago, IL | $8,645,665 | $14,966,009 |
Chicago & Vicinity Laborers Carol Stream, IL | $83,711,023 | $20,877,636 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |