Form 990 for tax year 2023
Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS.
Totals
- Total revenue
- $3,062,976
- Total expenses
- $2,987,861
- Contributions and grants received
- $14,000
- Grants paid
- $58,805
- Program service revenue
- $2,283,395
- Investment income
- $32,104
- Other revenue
- $733,477
- Total assets, end of year
- $1,509,798
- Total liabilities, end of year
- $39,000
- Net assets or fund balances, end of year
- $1,470,798
- 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.
-
1d · Related organizations
$14,000
-
2a · Program service revenue: MEMBERSHIP DUES
total $2,232,575 · related or exempt $2,232,575
-
2b · Program service revenue: RENTAL INCOME
total $50,820 · related or exempt $50,820
-
3 · Investment income
total $20,604 · excluded $20,604
-
7a · Gross sales of assets other than inventory
other assets $11,500
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $11,500
-
7d · Net gain or loss
total $11,500 · related or exempt $11,500
-
10a · Gross sales of inventory
$8,974
-
10b · Cost of goods sold
$8,974
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: FUNDS FOR TRANSMITTAL
total $551,591 · related or exempt $551,591
-
11b · Other revenue: REFUNDS/REIMB OF EXP
total $168,983 · related or exempt $168,983
-
11c · Other revenue: DUES RECEIVED NOT POST
total $8,742 · related or exempt $8,742
-
11d · All other revenue
total $4,161 · related or exempt $4,161
-
11e · Other revenue, total
$733,477
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $47,805
-
2 · Grants to domestic individuals
total $11,000
-
4 · Benefits paid to or for members
total $2,000
-
5 · Compensation of officers, directors and key employees
total $516,356
-
7 · Other salaries and wages
total $323,589
-
8 · Pension plan contributions
total $188,550
-
9 · Other employee benefits
total $212,206
-
10 · Payroll taxes
total $75,585
-
11b · Fees: legal
total $50,310
-
11c · Fees: accounting
total $18,000
-
11g · Fees: other
total $8,369
-
13 · Office expenses
total $77,426
-
16 · Occupancy
total $53,093
-
17 · Travel
total $132,370
-
19 · Conferences, conventions and meetings
total $12,149
-
20 · Interest
total $1,274
-
21 · Payments to affiliates
total $567,398
-
22 · Depreciation, depletion and amortization
total $67,477
-
23 · Insurance
total $12,548
-
24a · Other expenses: FUNDS FOR TRANSMITTAL
total $551,591
-
24b · Other expenses: STEWARDS' EXPENSE
total $27,525
-
24c · Other expenses: EDUCATION/PUBLICITY
total $16,554
-
24d · Other expenses: DUES/INITIATION FEE REF
total $11,401
-
24e · All other expenses
total $3,285
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $600,472 · end of year $404,488
-
2 · Savings and temporary cash investments
beginning of year $290,446 · end of year $776,998
-
10a · Land, buildings and equipment: cost or other basis
$1,081,117
-
10b · Land, buildings and equipment: accumulated depreciation
$771,611
-
10c · Land, buildings and equipment, net
beginning of year $326,134 · end of year $309,506
-
15 · Other assets
beginning of year $13,037 · end of year $18,806
-
23 · Secured mortgages and notes payable
beginning of year $40,713
-
25 · Other liabilities
beginning of year $34,000 · end of year $39,000
-
27 · Net assets without donor restrictions
beginning of year $1,155,376 · end of year $1,470,798
Mission and programs · 2023
Mission
THE UNION MISSION IS TO SECURE IMPROVED WAGES, WORKING CONDITIONS & OTHER ECONOMIC ADVANTAGES FOR ITS MEMBERS THROUGH ORGANIZING, NEGOTIATING AND THE COLLECTIVE BARGAINING PROCESS THROUGH LEGAL AND ECONOMIC MEANS, AND OTHER LAWFUL METHODS.
Activities or mission (Part I)
LABOR UNION
-
ADMINISTERED & NEGOTIATED COLLECTIVE BARGAINING AGREEMENTS THAT PROVIDE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES FOR ITS RESPECTIVE MEMBERS.
As filed on the 2023 return.
Listed in Part VII
-
Paul DemaioPAUL DEMAIO
TRUSTEE
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Andrew LipfordANDREW LIPFORD
TRUSTEE
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Chris LombardiCHRIS LOMBARDI
TRUSTEE
- Total calculated
- $4,506
- From this org
- $4,506
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Salvatore AbateSALVATORE ABATE
SECRETARY/TREASURER / BUS
- Total calculated
- $220,019
- From this org
- $146,901
- From related orgs
- $18,000
- Other
- $55,118
- Hours/week
- 55 + 5 related
Schedule J breakdown matched by us
- Base
- $144,050 + $18,000 related
- Bonus
- $0
- Other
- $2,851
- Deferred
- $25,684
- Nontaxable benefits
- $29,434
- Filer's total
- $202,019 + $18,000 related
-
Thomas BayusikTHOMAS BAYUSIK
PRESIDENT/BUS AGENT
- Total calculated
- $189,195
- From this org
- $134,083
- From related orgs
- $0
- Other
- $55,112
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $130,800
- Bonus
- $0
- Other
- $3,283
- Deferred
- $25,684
- Nontaxable benefits
- $29,428
- Filer's total
- $189,195
-
Vito BonannoVITO BONANNO
VICE PRESIDENT / BUS AGENT
- Total calculated
- $178,227
- From this org
- $123,242
- From related orgs
- $0
- Other
- $54,985
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $120,200
- Bonus
- $0
- Other
- $3,042
- Deferred
- $25,684
- Nontaxable benefits
- $29,301
- Filer's total
- $178,227
-
Shawn DwyerSHAWN DWYER
RECORDING SECRETARY/BUSINE
- Total calculated
- $166,030
- From this org
- $114,052
- From related orgs
- $0
- Other
- $51,978
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $109,600
- Bonus
- $0
- Other
- $4,452
- Deferred
- $24,341
- Nontaxable benefits
- $27,637
- Filer's total
- $166,030
-
Jennie BayusikJENNIE BAYUSIK
OFFICE MANAGER
- Total calculated
- $158,031
- From this org
- $104,270
- From related orgs
- $0
- Other
- $53,761
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $104,270
- Bonus
- $0
- Other
- $0
- Deferred
- $24,340
- Nontaxable benefits
- $29,421
- Filer's total
- $158,031
-
William PatrunoWILLIAM PATRUNO
BUSINESS AGENT
- Total calculated
- $161,322
- From this org
- $107,238
- From related orgs
- $0
- Other
- $54,084
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $106,058
- Bonus
- $0
- Other
- $1,180
- Deferred
- $24,684
- Nontaxable benefits
- $29,400
- Filer's total
- $161,322
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
-
DONATION TO SUPPORT THE SCHOLARSHIP PROGRAM FOR MEMBER'S CHILDREN.
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.
-
501 (C) 9 · PAYMENT OF MEMBER HEALTH & WELFARE CLAIMS · CT
-
TEAMSTERS LOCAL 443 401(K) PLAN
401(K) / 501(A) · PENSION · CT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402489349301500
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