International Brotherhood Of Teamsters is located in Fairfield, NJ. 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. 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 $145.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $133.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
REPRESENTATION OF MEMBERS IN THE COLLECTIVE BARGAINING PROCESS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven G Grant Secretary-Treasurer | 20 | $17,981 | |
James Reuter President | 20 | $17,981 | |
Stephen Tortoriello Recording Secretary | 1 | $0 | |
Ann Vogel Trustee | 1 | $4,649 | |
Girish Patel Vice President | 1 | $375 | |
Reginald Watkins Trustee | 1 | $500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $145,763 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14 |
Total Revenue | $145,785 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $2,000 |
Salaries, other compensation, and employee benefits | $51,587 |
Professional fees and other payments to independent contractors | $10,167 |
Occupancy, rent, utilities, and maintenance | $20,513 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $49,648 |
Total expenses | $133,915 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,223 |
Other assets | $0 |
Total assets | $75,140 |
Total liabilities | $0 |
Net assets or fund balances | $75,140 |