International Brotherhood Of Teamsters is located in Lanham, MD. 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 $130.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $127.3k during the year ending 12/2022. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACT ON BEHALF OF WORKERS WHO ARE MEMBERS OF THE UNION IN A WAY THAT PROMOTES BETTER WORK CONDITIONS, BENEFITS, AND PROTECTION FOR THE RIGHTS OF ALL WORKERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ritchie Brooks Vice President (p) | 2 | $0 | |
Tyrone Richardson Secretary-Treasurer | 2 | $0 | |
Larry Hudson Trustee | 2 | $0 | |
Rudolph Gardner Trustee | 2 | $0 | |
Juan-Taum B Bowers Trustee | 2 | $0 | |
John Gibson Vice President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $130,328 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $130,336 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $258 |
| Professional fees and other payments to independent contractors | $109,400 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,683 |
| Total expenses | $127,341 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,131 |
| Other assets | $0 |
| Total assets | $25,234 |
| Total liabilities | $17,686 |
| Net assets or fund balances | $7,548 |