International Brotherhood Of Teamsters
- Assets
- $422.7k
- Revenue
- $829.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Shreveport, LA
- Founding
- 02/1941
- Data as of
- 12/2021
- EIN
- 72-0363023
Organization Overview
International Brotherhood Of Teamsters is located in Shreveport, LA. 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 9 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 $829.1k 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 $734.0k during the year ending 12/2021. While expenses have increased by 1.8% 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
UNION NEGOTIATES COMPENSATION AND BENEFITS PACKAGES FOR ITS MEMBERS AS WELL AS ARBITRATING DISPUTES BETWEEN MEMBERS AND EMPLOYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNION NEGOTIATES COMPENSATION AND BENEFITS PACKAGES FOR ITS MEMBERS AS WELL AS ARBITRATING DISPUTES BETWEEN MEMBERS AND EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Beckham Secretary-Treasurer | Officer | 40 | $105,718 |
Josh Young President | Officer | 40 | $100,112 |
Douglas Wilson Trustee | Trustee | 2 | $4,833 |
Kevin Fortson Recording Secretary | Officer | 2 | $3,993 |
Johnny Vineyard Trustee | Trustee | 2 | $2,876 |
Phil Frost Vice President | Officer | 2 | $2,145 |
Financial Statements
| 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 | $820,415 |
| Investment income | $0 |
| 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 | $829,110 |
| 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. | $265,931 |
| Compensation of current officers, directors, key employees. | $70,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,936 |
| Pension plan accruals and contributions | $81,710 |
| Other employee benefits | $70,146 |
| Payroll taxes | $21,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,289 |
| Advertising and promotion | $0 |
| Office expenses | $14,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,091 |
| 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 | $7,241 |
| Depreciation, depletion, and amortization | $1,570 |
| Insurance | $7,227 |
| All other expenses | $11,576 |
| Total functional expenses | $733,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,711 |
| 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 | $65,557 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $432 |
| Total assets | $422,700 |
| 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 | $8,128 |
| Total liabilities | $8,128 |
| Net assets without donor restrictions | $414,572 |
| 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 | $422,700 |
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