International Brotherhood Of Teamsters
- Assets
- $3.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Salem, OR
- Founding
- 02/1941
- Data as of
- 12/2022
- EIN
- 93-0322985
Organization Overview
International Brotherhood Of Teamsters is located in Salem, OR. The organization was established in 1941. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, International Brotherhood Of Teamsters employed 7 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 12/2022, International Brotherhood Of Teamsters generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 6 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
THE LOCAL UNION'S MISSION IS TO ORGANIZE AND EDUCATE WORKERS SO THAT THEY HAVE A VOICE IN THE WORKPLACE AND KNOW THEIR WORKPLACE RIGHTS; INVOLVE WORKERS IN THE POLITICAL PROCESS AND TO NEGOTIATE WITH EMPLOYERS SO THAT EACH WORKER IS TREATED WITH DIGNITY, JUSTICE AND RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL UNION'S EXEMPT PURPOSE WAS ACHIEVED THROUGH THE ORGANIZATION AND EDUCATION OF WORKERS AND THROUGH NEGOTIATIONS WITH EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Beranbaum Secretary-Treas | OfficerTrustee | 40 | $187,893 |
Nicholas Donaldson President | OfficerTrustee | 40 | $73,626 |
Timmie Koop Rec Secr/bookpr | OfficerTrustee | 40 | $56,027 |
Armando Sola Farias Vice President | OfficerTrustee | 40 | $36,366 |
Robert Rising Jr Trustee | Trustee | 1 | $5,311 |
Adrian Lopez Trustee | Trustee | 1 | $4,005 |
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 | $1,694,062 |
| Investment income | $2,629 |
| 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 | $1,696,691 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,300 |
| 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. | $505,599 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,133 |
| Pension plan accruals and contributions | $64,642 |
| Other employee benefits | $83,612 |
| Payroll taxes | $41,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,799 |
| Fees for services: Accounting | $20,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,050 |
| Advertising and promotion | $0 |
| Office expenses | $30,361 |
| Information technology | $3,198 |
| Royalties | $0 |
| Occupancy | $65,653 |
| Travel | $91,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,825 |
| Interest | $0 |
| Payments to affiliates | $421,442 |
| Depreciation, depletion, and amortization | $6,503 |
| Insurance | $7,668 |
| All other expenses | $302 |
| Total functional expenses | $1,614,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,583,060 |
| Savings and temporary cash investments | $538,765 |
| 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 | $42,937 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $806,739 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,971,501 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,971,501 |
| 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 | $2,971,501 |