International Brotherhood Teamsters
- Assets
- $3.9m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Dallas, TX
- Founding
- 07/1944
- Data as of
- 12/2023
- EIN
- 75-0551045
Organization Overview
International Brotherhood Teamsters is located in Dallas, TX. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, International Brotherhood Teamsters employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood 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 12/2023, International Brotherhood Teamsters generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Taylor Sec. Treasurer | OfficerTrustee | 60 | $123,480 |
Kris Taylor Business Agent | 60 | $123,480 | |
Rodrigo Cuevas President | Trustee | 60 | $119,070 |
Victor James Trustee | Trustee | 60 | $121,275 |
Mike Perez Business Agent | 60 | $114,660 | |
Lannis D Shepherd Trustee | Trustee | 60 | $85,995 |
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 | $3,235,006 |
| Investment income | $84,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| Net Gain/Loss on Asset Sales | $11,597 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,333,872 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,700 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $78,023 |
| Compensation of current officers, directors, key employees. | $737,692 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $485,479 |
| Pension plan accruals and contributions | $153,818 |
| Other employee benefits | $134,779 |
| Payroll taxes | $79,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,557 |
| Fees for services: Accounting | $31,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,337 |
| Advertising and promotion | $0 |
| Office expenses | $139,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,363 |
| Travel | $146,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,820 |
| Interest | $0 |
| Payments to affiliates | $627,306 |
| Depreciation, depletion, and amortization | $95,612 |
| Insurance | $31,915 |
| All other expenses | $26,144 |
| Total functional expenses | $3,205,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,053 |
| Savings and temporary cash investments | $1,745,222 |
| 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 | $819,678 |
| Investments—publicly traded securities | $1,019,125 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,949,078 |
| Accounts payable and accrued expenses | $0 |
| 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 | $234 |
| Total liabilities | $234 |
| Net assets without donor restrictions | $3,931,965 |
| Net assets with donor restrictions | $16,879 |
| 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 | $3,949,078 |