International Brotherhood Of Teamsters
- Assets
- $3.1m
- Revenue
- $1.1m
- Investments
- $685.4k
- Employees
- 21
- Location
- Lancaster, PA
- Founding
- 02/1941
- Data as of
- 12/2022
- EIN
- 23-1071860
Organization Overview
International Brotherhood Of Teamsters is located in Lancaster, PA. 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 21 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 $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $909.1k 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
SEE A BELOW
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS AND SECURE WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Green Secretary Treasurer | Officer | 40 | $109,460 |
Howard Rhinier Secretary Treasurer | 40 | $79,594 | |
Robert Schumacher President | Officer | 5 | $25,937 |
Hector Diaz Recording Secretary | Officer | 5 | $6,129 |
William Pack Vice President | Trustee | 5 | $4,059 |
Robert Weaver Trustee | Trustee | 5 | $3,180 |
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 | $1,133,365 |
| Investment income | $7,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,000 |
| 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 | $1,148,787 |
| 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 | $16,640 |
| Compensation of current officers, directors, key employees. | $230,318 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,428 |
| Pension plan accruals and contributions | $93,069 |
| Other employee benefits | $62,403 |
| Payroll taxes | $23,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,272 |
| Fees for services: Accounting | $14,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,598 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,323 |
| Travel | $5,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,430 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,714 |
| Insurance | $11,819 |
| All other expenses | $24,351 |
| Total functional expenses | $909,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301 |
| Savings and temporary cash investments | $2,288,084 |
| 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 | $117,528 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $685,438 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,035 |
| Total assets | $3,100,386 |
| 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 | $1,394 |
| Total liabilities | $1,394 |
| Net assets without donor restrictions | $3,073,031 |
| Net assets with donor restrictions | $25,961 |
| 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 | $3,100,386 |