International Brotherhood Of Teamsters
- Assets
- $8.5m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Wilmington, OH
- Founding
- 02/1941
- Data as of
- 12/2021
- EIN
- 31-1398155
Organization Overview
International Brotherhood Of Teamsters is located in Wilmington, OH. 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 12/2021, International Brotherhood Of Teamsters employed 8 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 12/2021, International Brotherhood Of Teamsters generated $4.3m 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 (5.6%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE WORKERS, NEGOTIATE WAGES, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION AND COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Rutter General Coun | $174,289 | ||
Gregory Unterseher Business Age | $165,846 | ||
Joseph Attenasio Exco Silver | Officer | $55,248 | |
Hunter Chumbley Exco Horizon | Officer | $46,542 | |
David Pyers Exco Omni Ai | Officer | $36,056 | |
Marilyn Rhude Exco Cape Ai | Officer | $28,410 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Branstetter Stranch & Jennings Legal Services | 12/30/21 | $142,375 |
Barnard Iglitzin & Lavitt Llp Legal Services | 12/30/21 | $141,135 |
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 | $3,674,573 |
| Investment income | $355,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $4,258,392 |
| 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. | $292,488 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,322,745 |
| Pension plan accruals and contributions | $39,636 |
| Other employee benefits | $146,265 |
| Payroll taxes | $47,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $348,964 |
| Fees for services: Accounting | $17,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,536 |
| Fees for services: Other | $352,146 |
| Advertising and promotion | $3,956 |
| Office expenses | $58,732 |
| Information technology | $86,136 |
| Royalties | $0 |
| Occupancy | $66,544 |
| Travel | $261,823 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,456 |
| Interest | $16,066 |
| Payments to affiliates | $691,978 |
| Depreciation, depletion, and amortization | $40,193 |
| Insurance | $24,751 |
| All other expenses | $0 |
| Total functional expenses | $3,937,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,768,837 |
| 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 | $848,723 |
| Investments—publicly traded securities | $5,899,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,776 |
| Total assets | $8,519,158 |
| Accounts payable and accrued expenses | $322 |
| 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 | $322 |
| Net assets without donor restrictions | $8,518,836 |
| 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 | $8,519,158 |