International Brotherhood Of Teamsters is located in Portland, OR. 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 12/2022, International Brotherhood Of Teamsters employed 14 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 12/2022, International Brotherhood Of Teamsters generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 2.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS, AND COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL SECURED IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND BENEFITS FOR ITS MEMBERS AND ORGANIZED BARGAINING UNITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Geoff Stewart Sec. Treasurer | Officer | 40 | $94,949 |
Tammy Beckemeyer Vice President | Officer | 40 | $75,758 |
Dan Soeby President | Officer | 5 | $10,652 |
Duane Adams Trustee | Trustee | 5 | $6,997 |
Michael Jurkiewicz Trustee | Trustee | 5 | $2,605 |
Regulo Ortiz Rec. Secretary | Officer | 5 | $2,570 |
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 | $1,950,743 |
Investment income | $30,978 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$61,978 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,974,431 |
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. | $277,441 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $473,459 |
Pension plan accruals and contributions | $100,250 |
Other employee benefits | $149,011 |
Payroll taxes | $75,356 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,812 |
Fees for services: Accounting | $19,626 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,894 |
Fees for services: Other | $16,299 |
Advertising and promotion | $0 |
Office expenses | $98,009 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $63,754 |
Travel | $45,474 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,575 |
Interest | $0 |
Payments to affiliates | $464,965 |
Depreciation, depletion, and amortization | $21,771 |
Insurance | $2,846 |
All other expenses | $10,261 |
Total functional expenses | $1,973,697 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $655 |
Savings and temporary cash investments | $371,184 |
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 | $167,849 |
Investments—publicly traded securities | $771,091 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $300,000 |
Total assets | $1,610,779 |
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 | $227 |
Total liabilities | $227 |
Net assets without donor restrictions | $1,610,552 |
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 | $1,610,779 |