International Brotherhood Of Teamsters is located in South Charleston, WV. The organization was established in 1949. 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 45 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 $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. 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
ORGANIZE ALL WORKERS ELIGIBLE FOR MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COLLECTIVE BARGAINING, ARTBITRATION, AND OTHER SERVICES TO APPROXIMATELY 3,500 UNION MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luke Farley Secretary-Tr | OfficerTrustee | 40 | $115,390 |
Steven L Day Recording Se | OfficerTrustee | 40 | $107,379 |
Kellie S Shamblin Vice-Preside | OfficerTrustee | 40 | $92,865 |
Kevin Mckinney Trustee | Trustee | 2 | $7,804 |
Darren Kimberling Trustee | Trustee | 2 | $7,375 |
George Scott Trustee | Trustee | 2 | $7,106 |
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 | $2,413,102 |
Investment income | $5,880 |
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 | $2,642,785 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,265 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $17,156 |
Compensation of current officers, directors, key employees. | $500,468 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $371,478 |
Pension plan accruals and contributions | $108,058 |
Other employee benefits | $77,025 |
Payroll taxes | $60,530 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,297 |
Advertising and promotion | $0 |
Office expenses | $104,332 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $75,944 |
Travel | $41,412 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $43,267 |
Interest | $0 |
Payments to affiliates | $562,387 |
Depreciation, depletion, and amortization | $10,157 |
Insurance | $8,953 |
All other expenses | $4,635 |
Total functional expenses | $2,063,055 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,382 |
Savings and temporary cash investments | $2,936,208 |
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 | $44,928 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,032,518 |
Accounts payable and accrued expenses | $3,553 |
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 | $3,553 |
Net assets without donor restrictions | $2,645,519 |
Net assets with donor restrictions | $383,446 |
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 | $3,032,518 |