International Brotherhood Of Teamsters
- Assets
- $2.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 32
- Location
- Detroit, MI
- Founding
- 03/1944
- Data as of
- 12/2023
- EIN
- 38-0679250
Organization Overview
International Brotherhood Of Teamsters is located in Detroit, MI. The organization was established in 1944. 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 32 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 $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 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 SECURE IMPROVED WAGES, HOURS AND WORKING CONDITIONS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SECURED IMPROVED WAGES, HOURS AND WORKING CONDITIONS FOR ITS MEMBERS THROUGH ORGANIZING, NEGOTIATIONS AND COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Moore President | Officer | 40 | $130,209 |
Roy Gross Secretary-Tr | Officer | 40 | $109,065 |
Donald Moran Vice Preside | Officer | 40 | $114,543 |
Kenneth Kwapisz Business Age | 40 | $114,302 | |
Donna Nehasil Office Manag | 40 | $101,478 | |
Michael Gluba Trustee | OfficerTrustee | 40 | $81,441 |
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 | $2,422,674 |
| Investment income | $34,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,575 |
| Net Gain/Loss on Asset Sales | -$7,794 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,511,324 |
| 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. | $820,297 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $369,877 |
| Pension plan accruals and contributions | $17,888 |
| Other employee benefits | $40,075 |
| Payroll taxes | $79,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,465 |
| Fees for services: Accounting | $20,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,931 |
| Fees for services: Other | $5,090 |
| Advertising and promotion | $0 |
| Office expenses | $54,497 |
| Information technology | $27,577 |
| Royalties | $0 |
| Occupancy | $97,353 |
| Travel | $54,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,478 |
| Interest | $0 |
| Payments to affiliates | $690,628 |
| Depreciation, depletion, and amortization | $10,953 |
| Insurance | $15,707 |
| All other expenses | $5,012 |
| Total functional expenses | $2,555,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $727,458 |
| 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 | $113,914 |
| Inventories for sale or use | $29,852 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $181,958 |
| Investments—publicly traded securities | $1,082,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,135,658 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $2,135,658 |
| Total liabilities and net assets/fund balances | $2,135,658 |