International Brotherhood Of Teamsters is located in White, GA. 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 12/2021, International Brotherhood Of Teamsters generated $570.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $310.2k during the year ending 12/2021. While expenses have increased by 0.1% 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
THE OBJECTIVE OF THIS ORGANIZATION IS THE ESTABLISHMENT OF A CENTRAL REPRESENTATIVE BODY HAVING JURISDICTION IN ALL MATTERS RELATED TO THE TRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVE OF THIS ORGANIZATION IS THE ESTABLISHMENT OF CENTRAL REPRESENTATIVE BODY HAVING JURISDICTION IN ALL MATTERS RELATING TO THE TRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mitchell Vann Sec Tres Bus Mgr | Officer | 40 | $111,011 |
Dana Bryant President | Officer | 5 | $6,775 |
Mike Hill Recording Secretary | Officer | 5 | $5,814 |
Charles Mulhearn Trustee | Officer | 5 | $3,877 |
Justin Goss Vice President | Officer | 5 | $3,868 |
Dahn Royal Recording Secretary | Officer | 5 | $3,099 |
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 | $282,968 |
Investment income | $174 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $287,673 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $570,895 |
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. | $137,024 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $17,482 |
Other employee benefits | $20,648 |
Payroll taxes | $11,459 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,625 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,462 |
Office expenses | $6,417 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,540 |
Travel | $2,066 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $178 |
Interest | $11 |
Payments to affiliates | $76,883 |
Depreciation, depletion, and amortization | $1,177 |
Insurance | $1,081 |
All other expenses | $0 |
Total functional expenses | $310,221 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $406,288 |
Savings and temporary cash investments | $0 |
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 | $274 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $240 |
Total assets | $406,802 |
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 | $3,416 |
Total liabilities | $3,416 |
Net assets without donor restrictions | $403,386 |
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 | $406,802 |