International Brotherhood Of Teamsters
- Assets
- $9.2m
- Revenue
- $11.4m
- Investments
- $9.0k
- Employees
- 254
- Location
- Blaine, MN
- Founding
- 02/1941
- Data as of
- 12/2021
- EIN
- 41-0274050
Organization Overview
International Brotherhood Of Teamsters is located in Blaine, MN. 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 254 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 $11.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 5.6% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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 |
|---|---|---|---|
Tom Erickson President | Officer | 60 | $138,330 |
William Wedebrand Secretary-Treasurer | Officer | 60 | $138,204 |
James Heeren Business Agent | 60 | $132,999 | |
Tyler Barrett Business Agent | 60 | $132,127 | |
Kevin Saylor Business Agent | 60 | $130,974 | |
Chris Riley Recording Secretary/bus. Agent | OfficerTrustee | 60 | $130,921 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Katrina Joseph Legal | 12/30/21 | $134,985 |
The Previant Law Firm Sc Legal | 12/30/21 | $155,626 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $863,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $713,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,576,944 |
| Total Program Service Revenue | $9,767,594 |
| Investment income | $10,138 |
| 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 | $11,430,169 |
| 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. | $990,157 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,524,357 |
| Pension plan accruals and contributions | $715,447 |
| Other employee benefits | $733,407 |
| Payroll taxes | $251,427 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $361,048 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,522 |
| Advertising and promotion | $300 |
| Office expenses | $217,491 |
| Information technology | $68,883 |
| Royalties | $0 |
| Occupancy | $324,966 |
| Travel | $291,381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $2,128,017 |
| Depreciation, depletion, and amortization | $37,501 |
| Insurance | $1,432 |
| All other expenses | $0 |
| Total functional expenses | $10,874,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,169,551 |
| 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 | $70,454 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,970,381 |
| Total assets | $9,219,386 |
| 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 | $10,740 |
| Total liabilities | $10,740 |
| Net assets without donor restrictions | $9,208,646 |
| 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 | $9,219,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Brotherhood Of Teamsters has recieved totaling $5,400.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Of Teamsters Tukwila, WA PURPOSE: Strike Fund donation | $5,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Minnesota St Paul, MN | $66,283,893 | $38,243,817 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |
International Union Of Operating Engineers Minneapolis, MN | $24,562,358 | $20,752,936 |
Minnesota Teamsters Construction Division Fringe Benefit Funds Mendota Heights, MN | $30,866,404 | $23,683,343 |
Minnesota Nurses Association St Paul, MN | $18,618,225 | $17,502,340 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
Carpenters And Joiners Apprenticeship And Journeymen St Paul, MN | $20,144,324 | $15,253,021 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union St Paul, MN | $3,226,378 | $12,392,421 |
Wisconsin Fox River Valley Sheet Metal Workers Welfare Trust Waukesha, WI | $17,147,311 | $12,962,825 |
Pipe Trades Health Care Services Inc White Bear Lake, MN | $1,989,770 | $11,324,397 |