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Nonprofiteer
← INTERNATIONAL BROTHERHOOD OF TEAMSTERS

Form 990 for tax year 2023

Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS.

Totals

Total revenue
$6,422,135
Total expenses
$7,582,231
Contributions and grants received
$5,688,185
Grants paid
$0
Program service revenue
$0
Investment income
$724,198
Other revenue
$9,752
Total assets, end of year
$38,607,854
Total liabilities, end of year
$215,653
Net assets or fund balances, end of year
$38,392,201
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $5,688,185

  • 3 · Investment income

    total $158,915 · excluded $158,915

  • 7a · Gross sales of assets other than inventory

    securities $3,365,199 · other assets $178,000

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

    securities $2,825,016 · other assets $152,900

  • 7c · Gain or loss

    securities $540,183 · other assets $25,100

  • 7d · Net gain or loss

    total $565,283 · excluded $565,283

  • 11a · Other revenue: CONVENIENCE FEE

    total $3,636 · related or exempt $3,636

  • 11b · Other revenue: OTHER INCOME

    total $3,310 · related or exempt $3,310

  • 11c · Other revenue: RETURNED CHECKS

    total $2,806 · related or exempt $2,806

  • 11e · Other revenue, total

    $9,752

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,921,890

  • 7 · Other salaries and wages

    total $267,373

  • 8 · Pension plan contributions

    total $261,764

  • 9 · Other employee benefits

    total $586,222

  • 10 · Payroll taxes

    total $153,694

  • 11b · Fees: legal

    total $27,743

  • 11c · Fees: accounting

    total $20,775

  • 11f · Fees: investment management

    total $33,201

  • 12 · Advertising and promotion

    total $25,072

  • 13 · Office expenses

    total $47,951

  • 14 · Information technology

    total $49,788

  • 16 · Occupancy

    total $133,560

  • 17 · Travel

    total $113,811

  • 19 · Conferences, conventions and meetings

    total $22,883

  • 22 · Depreciation, depletion and amortization

    total $86,432

  • 23 · Insurance

    total $78,152

  • 24a · Other expenses: REFUNDS, DUES, INITIATI

    total $1,998,070

  • 24b · Other expenses: CONTRIBUTIONS & GIFTS

    total $1,003,918

  • 24c · Other expenses: PER CAPITA TAXES

    total $624,512

  • 24d · Other expenses: SEVERANCE ADJUSTMENT

    total $22,693

  • 24e · All other expenses

    total $102,727

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,496,195 · end of year $3,941,067

  • 2 · Savings and temporary cash investments

    beginning of year $285,598 · end of year $28,712

  • 4 · Accounts receivable

    beginning of year $0 · end of year $69

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

    $1,005,475

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

    $671,465

  • 10c · Land, buildings and equipment, net

    beginning of year $192,816 · end of year $334,010

  • 11 · Investments: publicly traded securities

    beginning of year $27,386,065 · end of year $25,919,380

  • 15 · Other assets

    beginning of year $8,384,616 · end of year $8,384,616

  • 25 · Other liabilities

    beginning of year $192,993 · end of year $215,653

  • 27 · Net assets without donor restrictions

    beginning of year $39,552,297 · end of year $38,392,201

Mission and programs · 2023

Mission

LABOR UNION ACTIVITIES - MEMBERSHIP REPRESENTATION AND ORGANIZING

  • LABOR UNION REPRESENTATION TO APPROXIMATELY 1,621 MEMBERS AND 3,081 AGENCY FEE MEMBERS, SERVICES INCLUDE REPRESENTING MEMBERS & NEGOTIATING COLLECTIVE BARGAINING AGREEMENTS FOR IT'S MEMBERS.

As filed on the 2023 return.

Listed in Part VII

  • Thomas J O'Donnell

    PRESIDENT

    Total calculated
    $434,084
    From this org
    $312,325
    From related orgs
    $0
    Other
    $121,759
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $312,325
    Bonus
    $0
    Other
    $0
    Deferred
    $37,450
    Nontaxable benefits
    $84,309
    Filer's total
    $434,084

  • Francis J Connolly Jr

    SECRETARY TREASURER

    Total calculated
    $400,443
    From this org
    $288,073
    From related orgs
    $0
    Other
    $112,370
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $288,073
    Bonus
    $0
    Other
    $0
    Deferred
    $34,565
    Nontaxable benefits
    $77,805
    Filer's total
    $400,443

  • Brian Salomone

    VP/FIELD REP/DISPATCHER

    Total calculated
    $322,504
    From this org
    $231,637
    From related orgs
    $0
    Other
    $90,867
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $231,637
    Bonus
    $0
    Other
    $0
    Deferred
    $27,980
    Nontaxable benefits
    $62,887
    Filer's total
    $322,504

  • Charles Spillane Jr

    RECORDING SECRETARY

    Total calculated
    $789
    From this org
    $0
    From related orgs
    $0
    Other
    $789
    Hours/week
    2

  • Timothy Paustain

    TRUSTEE

    Total calculated
    $789
    From this org
    $0
    From related orgs
    $0
    Other
    $789
    Hours/week
    2

  • Eugene O'Neill

    TRUSTEE

    Total calculated
    $660
    From this org
    $0
    From related orgs
    $0
    Other
    $660
    Hours/week
    2

  • James Whalen

    TRUSTEE/FIELD REP

    Total calculated
    $54,956
    From this org
    $39,000
    From related orgs
    $0
    Other
    $15,956
    Hours/week
    10

  • Thomas Reilly

    FIELD REP/DISPATCHER

    Total calculated
    $322,353
    From this org
    $231,637
    From related orgs
    $0
    Other
    $90,716
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $231,637
    Bonus
    $0
    Other
    $0
    Deferred
    $27,934
    Nontaxable benefits
    $62,782
    Filer's total
    $322,353

  • David Salvador

    BUSINESS AGENT

    Total calculated
    $204,762
    From this org
    $147,580
    From related orgs
    $0
    Other
    $57,182
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $147,580
    Bonus
    $0
    Other
    $0
    Deferred
    $17,617
    Nontaxable benefits
    $39,565
    Filer's total
    $204,762

  • Daniel Welch

    BUSINESS AGENT

    Total calculated
    $191,733
    From this org
    $138,143
    From related orgs
    $0
    Other
    $53,590
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $138,143
    Bonus
    $0
    Other
    $0
    Deferred
    $16,517
    Nontaxable benefits
    $37,073
    Filer's total
    $191,733

  • Anthony B Young

    FIELD REP/DISPATCHER

    Total calculated
    $272,838
    From this org
    $201,231
    From related orgs
    $0
    Other
    $71,607
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $201,231
    Bonus
    $0
    Other
    $0
    Deferred
    $21,692
    Nontaxable benefits
    $49,915
    Filer's total
    $272,838

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413119349301991

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