International Brotherhood Of Teamsters is located in Michigantown, IN. The organization was established in 1967. 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 $167.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $157.6k during the year ending 12/2022. While expenses have increased by 0.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
USED TO SUPPORT AND PROMOTE THE USE OF UNION WORKERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gogerty President | 5 | $12,737 | |
Gabe Stall Vice Preside | 5 | $6,241 | |
Jonathan L Guffy Treasurer | 20 | $6,412 | |
Kevin Colt Secretary | 5 | $8,371 | |
Eric Qualkinbush Trustee | 5 | $2,936 | |
Jeremy Baunach Trustee | 5 | $2,735 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $166,944 |
| Investment income | $289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,233 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,050 |
| Professional fees and other payments to independent contractors | $31,743 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,850 |
| Total expenses | $157,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,634 |
| Other assets | $0 |
| Total assets | $329,634 |
| Total liabilities | $398 |
| Net assets or fund balances | $329,236 |