International Brotherhood Of Teamsters is located in Toledo, 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. 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 $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 7 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 SCHEDULE O FOR MISSION STATEMENT LABOR ORGANIZATION THAT REPRESENTS MEMBERS WHO ARE EMPLOYED BY NUMEROUS EMPLOYERS IN A VARIETY OF INDUSTRIES LOCATED IN NORTHWEST OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION OF MEMBERS WHO ARE EMPLOYED BY NUMEROUS EMPLOYERS IN A VARIETY OF INDUSTRIES LOCATED IN NORTHWEST OHIO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Schmiehausen President | OfficerTrustee | 40 | $117,118 |
Paul Konwinski Secretary-Treasurer | OfficerTrustee | 40 | $116,428 |
John C Henley Sr Recording Sec. | OfficerTrustee | 40 | $111,574 |
William Neill Trustee | Trustee | 40 | $97,128 |
Tova Blachuta Trustee | Trustee | 40 | $100,150 |
Heidi Danner Trustee | Trustee | 40 | $101,150 |
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 | $4,487,322 |
Investment income | $10,390 |
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 | $4,505,504 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $31,185 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $81,147 |
Compensation of current officers, directors, key employees. | $1,103,050 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $659,276 |
Pension plan accruals and contributions | $100,048 |
Other employee benefits | $167,465 |
Payroll taxes | $107,636 |
Fees for services: Management | $0 |
Fees for services: Legal | $77,483 |
Fees for services: Accounting | $75,534 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $34,528 |
Office expenses | $254,246 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $48,297 |
Travel | $79,075 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $75,460 |
Interest | $38 |
Payments to affiliates | $1,074,458 |
Depreciation, depletion, and amortization | $38,829 |
Insurance | $111,009 |
All other expenses | $1,578 |
Total functional expenses | $4,445,185 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100 |
Savings and temporary cash investments | $1,320,206 |
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 | $216,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $325,722 |
Investments—publicly traded securities | $11,434 |
Investments—other securities | $140,426 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,013,888 |
Accounts payable and accrued expenses | $8,766 |
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 | $8,766 |
Net assets without donor restrictions | $2,005,122 |
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 | $2,013,888 |
Over the last fiscal year, International Brotherhood Of Teamsters has awarded $26,972 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
TEAMSTERSCARE PURPOSE: To provide charitable support to teamster members , retirees, and famillies | $21,972 |
HOPE UNITED PURPOSE: To provide charitable support for drug, alcohol, and suicide prevention and recovery efforts carried out by the organization | $5,000 |