Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $46,555

• 2a · Program service revenue: Duplicating

  total $18,139 · related or exempt $18,139

• 2b · Program service revenue: Membership Dues & Assessments

  total $4,083,383 · related or exempt $4,083,383

• 2c · Program service revenue: Reimb charity expenses

  total $118,513 · related or exempt $118,513

• 2d · Program service revenue: Reimb mtg & travel exp

  total $31,476 · related or exempt $31,476

• 2e · Program service revenue: Teamster Disaster Relief

  total $20,000 · related or exempt $20,000

• 2f · All other program service revenue

  total $40,468 · related or exempt $40,468

• 3 · Investment income

  total $111,836 · excluded $111,836

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $15,350

• 6c · Rental income or loss

  real property $15,350

• 6d · Net rental income or loss

  total $15,350 · excluded $15,350

• 7b · Less cost or other basis and sales expenses

  other assets $25

• 7c · Gain or loss

  other assets -$25

• 7d · Net gain or loss

  total -$25 · excluded -$25

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10c · Net income from sales of inventory

  total $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $45,245

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $114,778

• 5 · Compensation of officers, directors and key employees

  total $152,450

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $716,280

• 8 · Pension plan contributions

  total $167,288

• 9 · Other employee benefits

  total $140,426

• 10 · Payroll taxes

  total $67,453

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $140,986

• 11c · Fees: accounting

  total $32,868

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $34,493

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $104,291

• 14 · Information technology

  total $24,729

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $260,538

• 17 · Travel

  total $455,318

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $12,842

• 20 · Interest

  total $86

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $32,548

• 23 · Insurance

  total $34,936

• 24a · Other expenses: C.T.P.A.C. Sch C

  total $626,235

• 24b · Other expenses: Newspaper

  total $267,871

• 24c · Other expenses: Other per capita

  total $204,465

• 24d · Other expenses: Truck and trailer expenses

  total $19,596

• 24e · All other expenses

  total $39,818

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $600 · end of year $200

• 2 · Savings and temporary cash investments

  beginning of year $2,160,452 · end of year $2,861,976

• 3 · Pledges and grants receivable

  end of year $0

• 4 · Accounts receivable

  end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $513,541

• 10b · Land, buildings and equipment: accumulated depreciation

  $387,415

• 10c · Land, buildings and equipment, net

  beginning of year $73,964 · end of year $126,126

• 11 · Investments: publicly traded securities

  beginning of year $539,869 · end of year $567,881

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $16,885 · end of year $16,885

• 23 · Secured mortgages and notes payable

  beginning of year $4,831

• 25 · Other liabilities

  beginning of year $5,404 · end of year $1,378

• 27 · Net assets without donor restrictions

  beginning of year $2,781,535 · end of year $3,571,690

The filer's explanations (Part III)

Part I, Line 1a: Relevant information in regards to selections on 1a.

For flights in excess of 3 hours, Teamsters Joint Council 42 executive board members and staff members are authorized to travel first or business class.