International Brotherhood Of Teamsters is located in Salt Lake City, UT. 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 17 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 $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 5.8% 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
TO ORGANIZE, UNITE AND ASSIST MEMBERS FOR THE PURPOSE OF IMPROVING WAGES, BENEFITS AND WORKING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE, UNITE AND ASSIST MEMBERS FOR THE PURPOSE OF IMPROVING WAGES, BENEFITS AND WORKING CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Spencer Hogue Secretary-Treasurer | Officer | 38 | $108,346 |
Marty Cowin President | Officer | 40 | $102,673 |
Britt Miller Vice President | Officer | 38 | $95,967 |
Gabriella Killpack Trustee | Officer | 2 | $10,329 |
Oscar Martinez Trustee | Officer | 2 | $3,675 |
Christopher Mcinelly Recording Secretary | Officer | 2 | $3,017 |
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 | $2,930,815 |
Investment income | $9,262 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $100,006 |
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 | $3,131,312 |
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. | $470,667 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $554,888 |
Pension plan accruals and contributions | $173,081 |
Other employee benefits | $222,729 |
Payroll taxes | $75,643 |
Fees for services: Management | $0 |
Fees for services: Legal | $46,234 |
Fees for services: Accounting | $8,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,238 |
Advertising and promotion | $0 |
Office expenses | $116,455 |
Information technology | $11,082 |
Royalties | $0 |
Occupancy | $97,489 |
Travel | $56,652 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,248 |
Interest | $0 |
Payments to affiliates | $690,294 |
Depreciation, depletion, and amortization | $38,645 |
Insurance | $842 |
All other expenses | $39,101 |
Total functional expenses | $2,880,911 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $583,052 |
Savings and temporary cash investments | $1,188,509 |
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 | $309,652 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $885,000 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,966,213 |
Accounts payable and accrued expenses | $2,177 |
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 | $2,177 |
Net assets without donor restrictions | $2,964,036 |
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 | $2,966,213 |