International Brotherhood Of Teamsters
- Assets
- $383.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 02/1941
- Data as of
- 12/2022
- EIN
- 54-0613933
Organization Overview
International Brotherhood Of Teamsters is located in Richmond, VA. 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. 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 12/2022, International Brotherhood Of Teamsters generated $95.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $91.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR, TEAMSTERS JOINT COUNCIL NO. 83 EMPOWERED AND SUPPORTED LOCAL UNION AFFILIATES AND THEIR MEMBERSHIP FOR THE PURPOSE OF ORGANIZING WORKERS AND SECURING IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS, AND COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Wright President | 1 | $6,900 | |
Robert Frashure Vice Preside | 1 | $3,600 | |
James Smith Secretary/tr | 3 | $10,500 | |
Bryan Bishop Recording Se | 1 | $3,600 | |
William Martin Trustee | 1 | $3,600 | |
Brian Peyton Trustee | 1 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $93,338 |
| Investment income | $2,497 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24 |
| Total Revenue | $95,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,794 |
| Professional fees and other payments to independent contractors | $18,208 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $1,498 |
| Other expenses | $8,315 |
| Total expenses | $91,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $382,637 |
| Other assets | $0 |
| Total assets | $382,984 |
| Total liabilities | $0 |
| Net assets or fund balances | $382,984 |