Teamsters Legal Services Trust is located in Burbank, CA. The organization was established in 2001. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamsters Legal Services Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Teamsters Legal Services Trust generated $25.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HEALTH, PRESCRIPTION AND LEGAL BENEFITS FOR MEMBERS THROUGH COLLECTIVE BARGAINING AGREEMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Griswold Trustee | 2 | $0 | |
Gene Hulsey Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,696 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,696 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $17,050 |
Occupancy, rent, utilities, and maintenance | $597 |
Printing, publications, postage, and shipping | $146 |
Other expenses | $25 |
Total expenses | $17,818 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,847 |
Other assets | $0 |
Total assets | $33,847 |
Total liabilities | $0 |
Net assets or fund balances | $33,847 |