Retired Teamsters 20 Year Fellowship
- Assets
- $46.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 12/1973
- Data as of
- 12/2023
- EIN
- 23-7216271
Organization Overview
Retired Teamsters 20 Year Fellowship is located in Akron, OH. The organization was established in 1973. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Retired Teamsters 20 Year Fellowship 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, Retired Teamsters 20 Year Fellowship generated $6.6k 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 (9.9%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE RETIREES RIGHTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Orms President | 0 | $0 | |
Malcolm Mader Secretary-Treasurer | 5 | $0 | |
Mike Walden 1st Vice President | 1 | $0 | |
Al Stapleton Jr 2nd Vice President | 0 | $0 | |
Michael Ringer Recording Secretary | 1 | $0 | |
Joe Kline Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $368 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,810 |
| Investment income | $447 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,625 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,000 |
| Salaries, other compensation, and employee benefits | $2,280 |
| Professional fees and other payments to independent contractors | $170 |
| Occupancy, rent, utilities, and maintenance | $1,925 |
| Printing, publications, postage, and shipping | $247 |
| Other expenses | $2,845 |
| Total expenses | $9,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,088 |
| Other assets | $0 |
| Total assets | $46,088 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,088 |