International Brotherhood Of Teamsters Chaffeurs Warehousemen & is located in Asheville, NC. 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 Chaffeurs Warehousemen & employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Teamsters Chaffeurs Warehousemen & 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 Chaffeurs Warehousemen & generated $868.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $836.9k during the year ending 12/2021. While expenses have increased by 4.6% 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
LABOR ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE WORKERS; SECURE & IMPROVE WAGES, HOURS, WORKING CONDITIONS & OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION & COLLECTIVE BARGAINING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David B Ball Secretary-Treasurer | OfficerTrustee | 63 | $105,054 |
Michael Waldrop Business Agent | Officer | 60 | $103,040 |
Douglas Carruthers Trustee | Trustee | 2 | $6,694 |
Ethan Carlton Trustee | Trustee | 2 | $5,671 |
Rodney Bagwell Trustee | Trustee | 2 | $5,425 |
Thomas J Pintacuda Vice-President | OfficerTrustee | 2 | $4,800 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $848,258 |
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 | $848,258 |
Total Program Service Revenue | $0 |
Investment income | $773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,153 |
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 | $868,100 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,870 |
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. | $240,284 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $53,324 |
Pension plan accruals and contributions | $45,656 |
Other employee benefits | $51,967 |
Payroll taxes | $24,781 |
Fees for services: Management | $0 |
Fees for services: Legal | $340 |
Fees for services: Accounting | $5,845 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,161 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,813 |
Travel | $14,103 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $328 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $17,967 |
Insurance | $8,571 |
All other expenses | $129,666 |
Total functional expenses | $836,900 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $82,723 |
Savings and temporary cash investments | $332,018 |
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 | $7,359 |
Net Land, buildings, and equipment | $207,059 |
Investments—publicly traded securities | $498,931 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,128,090 |
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 | $3,857 |
Total liabilities | $3,857 |
Net assets without donor restrictions | $1,124,233 |
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 | $1,128,090 |