Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

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

  total $3,382,141 · related or exempt $3,382,141

• 2b · Program service revenue: Refunds & other receipts

  total $4,430 · related or exempt $4,430

• 2c · Program service revenue: Reimb blanket bond prem

  total $17,007 · related or exempt $17,007

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

  total $21,952 · related or exempt $21,952

• 2e · Program service revenue: Reimb per capita - CTPAC

  total $5,044 · related or exempt $5,044

• 2f · All other program service revenue

  total $2,458 · related or exempt $2,458

• 3 · Investment income

  total $97,653 · excluded $97,653

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

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $6,850

• 6c · Rental income or loss

  real property $6,850

• 6d · Net rental income or loss

  total $6,850 · excluded $6,850

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

  other assets $280

• 7c · Gain or loss

  other assets -$280

• 7d · Net gain or loss

  total -$280 · excluded -$280

• 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 $64,280

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $78,907

• 5 · Compensation of officers, directors and key employees

  total $178,714

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $814,369

• 8 · Pension plan contributions

  total $165,284

• 9 · Other employee benefits

  total $122,212

• 10 · Payroll taxes

  total $77,801

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $112,517

• 11c · Fees: accounting

  total $25,014

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $65,042

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $123,660

• 14 · Information technology

  total $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $220,937

• 17 · Travel

  total $499,039

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $71,483

• 20 · Interest

  total $245

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $23,860

• 23 · Insurance

  total $47,360

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

  total $414,903

• 24b · Other expenses: Newspaper

  total $256,126

• 24c · Other expenses: Other per capita

  total $181,589

• 24d · Other expenses: Rally event expenses

  total $21,518

• 24e · All other expenses

  total $44,524

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $600 · end of year $600

• 2 · Savings and temporary cash investments

  beginning of year $2,269,258 · end of year $2,160,452

• 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

  $431,927

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

  $357,963

• 10c · Land, buildings and equipment, net

  beginning of year $71,244 · end of year $73,964

• 11 · Investments: publicly traded securities

  beginning of year $515,258 · end of year $539,869

• 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 $19,324 · end of year $4,831

• 25 · Other liabilities

  beginning of year $257 · end of year $5,404

• 27 · Net assets without donor restrictions

  beginning of year $2,853,664 · end of year $2,781,535

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.