International Brotherhood Of Teamsters
- Assets
- $1.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 16
- Location
- Billings, MT
- Founding
- 02/1941
- Data as of
- 12/2023
- EIN
- 81-0151321
Organization Overview
International Brotherhood Of Teamsters is located in Billings, MT. 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 12/2023, International Brotherhood Of Teamsters employed 16 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 12/2023, International Brotherhood Of Teamsters generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LABOR UNION LOCAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOCAL UNION AFFILIATE OF INTERNATIONAL BROTHERHOOD OF TEAMSTERS - SERVING 1,670 ACTIVE MEMBERS AT YEAR-END
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Carney Trustee | Trustee | 0.5 | $400 |
Craig Callicott Trustee | Trustee | 0.5 | $125 |
Jim Soumas Secretary-Treasurer | OfficerTrustee | 44 | $104,032 |
Rhonda Johnson Recording Sec. | OfficerTrustee | 40 | $89,400 |
Casy Greeno President | OfficerTrustee | 2 | $2,250 |
Sean A Krebs Vice President | OfficerTrustee | 0.5 | $1,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,266,564 |
| 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 | $1,266,564 |
| Total Program Service Revenue | $7,669 |
| Investment income | $5,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,292,811 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,655 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $351,794 |
| Pension plan accruals and contributions | $98,753 |
| Other employee benefits | $103,678 |
| Payroll taxes | $34,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,420 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $16,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,273 |
| Advertising and promotion | $16,261 |
| Office expenses | $3,902 |
| Information technology | $2,721 |
| Royalties | $0 |
| Occupancy | $7,457 |
| Travel | $88,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,338 |
| Interest | $690 |
| Payments to affiliates | $313,892 |
| Depreciation, depletion, and amortization | $27,586 |
| Insurance | $19,298 |
| All other expenses | $60,230 |
| Total functional expenses | $1,346,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,148 |
| Savings and temporary cash investments | $692,566 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $558 |
| 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 | $124,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,122,555 |
| Accounts payable and accrued expenses | $57,805 |
| 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 | $57,805 |
| Net assets without donor restrictions | $0 |
| 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 | $1,064,750 |
| Total liabilities and net assets/fund balances | $1,122,555 |