International Brotherhood Of Teamsters
- Assets
- $5.4m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 18
- Location
- West Covina, CA
- Founding
- 04/1980
- Data as of
- 12/2023
- EIN
- 95-0745274
Organization Overview
International Brotherhood Of Teamsters is located in West Covina, CA. The organization was established in 1980. 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 18 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 $6.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $4.8m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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
TO ORGANIZE ALL WORKERS AND 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
TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION , NEGOTIATIONS AND COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damascus Castellanos Sec Treasurer | OfficerTrustee | 40 | $230,605 |
Art Carillo President | Trustee | 40 | $186,011 |
Petra Luna Office Manager | 40 | $168,062 | |
Johnny Espinoza Business Agent | 40 | $138,980 | |
Emerson Diaz Business Agent | 40 | $129,944 | |
Albert Bautista Business Agent | 40 | $120,509 |
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 | $6,079,220 |
| Investment income | $100,592 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $250 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,180,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,600 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $89,586 |
| Compensation of current officers, directors, key employees. | $599,732 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,013,805 |
| Pension plan accruals and contributions | $338,847 |
| Other employee benefits | $251,638 |
| Payroll taxes | $111,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,920 |
| Fees for services: Accounting | $22,409 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,989 |
| Advertising and promotion | $0 |
| Office expenses | $77,668 |
| Information technology | $14,921 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $179,669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158,859 |
| Interest | $0 |
| Payments to affiliates | $1,501,038 |
| Depreciation, depletion, and amortization | $56,843 |
| Insurance | $49,996 |
| All other expenses | $19,179 |
| Total functional expenses | $4,823,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,259,840 |
| Savings and temporary cash investments | $4,034,672 |
| 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 | $105,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,477 |
| Total assets | $5,410,765 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,410,765 |
| 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 | $5,410,765 |
Grants Awarded
Over the last fiscal year, International Brotherhood Of Teamsters has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JOINT COUNCIL 42 CHARITY FUND PURPOSE: Sponsorship & donation | $22,000 |
TEAMSTERS SCHOLARSHIP FUND PURPOSE: Donation | $10,000 |