International Brotherhood Of Teamsters

Organization Overview

International Brotherhood Of Teamsters is located in Denver, CO. The organization was established in 1966. 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 172 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 $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 3.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN ORGANIZING WORKERS AND TO PROVIDE THE BENEFIT OF UNIONISM TO ALL WORKERS AND TO PROTECT AND PRESERVE THE BENEFITS OBTAINED FOR MEMBERS OF THIS ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SECURE AND IMPROVE WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS, AND COLLECTIVE BARGAINING.


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Board, Officers & Key Employees

Name (title)Compensation
Scott T Ford
President
$133,175
Dean Modecker
Vice President
$132,979
Steven P Vairma
Secretary-Treas
$132,551
Corey Wicks
Business Agent
$127,000
Kevin Potter
Business Agent
$126,251
Alan Frisbee
Business Agent
$125,818

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Expert Legal Counsel
Legal Services
$199,533
Faulkner Hoffman & Phillips
Legal Services
$177,484
View All Vendors

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$9,082,262
Investment income $273,076
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $40,809
Net Gain/Loss on Asset Sales $484,474
Net Income from Fundraising Events $25,731
Net Income from Gaming Activities -$500
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,084,051

Grants Awarded

Over the last fiscal year, International Brotherhood Of Teamsters has awarded $35,500 in support to 3 organizations.

Grant RecipientAmount

COMMON SENSE VALUES

PURPOSE: General support

$17,300

JRHMS FUND

PURPOSE: Scholarships

$10,500

COLORADO CITIZENS ALLIANCE

PURPOSE: General support

$7,700
View Grant Profile

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