International Brotherhood Of Teamsters is located in Mosinee, WI. 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 12/2021, International Brotherhood Of Teamsters employed 13 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 $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE UNION BENEFITS TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE UNION BENEFITS TO ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Wentz Secretary/tr | OfficerTrustee | 40 | $132,094 |
Beth Kichman President/bu | OfficerTrustee | 40 | $127,331 |
Paul Lovinus Trustee/bus | Trustee | 40 | $125,260 |
Tom Strickland Vice Pres/bu | Trustee | 40 | $125,260 |
Tom Kanack Rec Sec/bus | Trustee | 40 | $125,260 |
Randy Monroe Bus Agent | 40 | $125,260 |
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 | $3,231,230 |
Investment income | $98,524 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $59,112 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,480,619 |
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. | $1,150,457 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $329,056 |
Pension plan accruals and contributions | $53,688 |
Other employee benefits | $248,383 |
Payroll taxes | $91,352 |
Fees for services: Management | $0 |
Fees for services: Legal | $800 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $148,817 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,514 |
Travel | $16,075 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,874 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,924 |
Insurance | $0 |
All other expenses | $19,082 |
Total functional expenses | $3,050,400 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,061,044 |
Savings and temporary cash investments | $1,480,183 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,550 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $183,192 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $22,611 |
Investments—publicly traded securities | $3,054,900 |
Investments—other securities | $0 |
Investments—program-related | $10,800 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,815,280 |
Accounts payable and accrued expenses | $807 |
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 | $233,118 |
Total liabilities | $233,925 |
Net assets without donor restrictions | $5,581,355 |
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 | $5,815,280 |