Form 990 for tax year 2024
Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS.
Totals
- Total revenue
- $2,472,930
- Total expenses
- $2,316,749
- Contributions and grants received
- $0
- Grants paid
- $19,858
- Program service revenue
- $2,179,892
- Investment income
- $286,365
- Other revenue
- $6,673
- Total assets, end of year
- $5,152,268
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,152,268
- 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.
-
2a · Program service revenue: MEMBER DUES AND ASSESS
total $2,100,682 · related or exempt $2,100,682
-
2b · Program service revenue: REIMBURSEMENTS
total $79,210 · related or exempt $79,210
-
3 · Investment income
total $281,290 · excluded $281,290
-
7a · Gross sales of assets other than inventory
securities $35,688
-
7b · Less cost or other basis and sales expenses
securities $30,613
-
7c · Gain or loss
securities $5,075
-
7d · Net gain or loss
total $5,075 · excluded $5,075
-
11a · Other revenue: STEWARD SEMINAR
total $3,500 · excluded $3,500
-
11b · Other revenue: SALE OF SUPPLIES
total $1,416 · excluded $1,416
-
11c · Other revenue: CREDIT CARD POINT REDE
total $1,275 · excluded $1,275
-
11d · All other revenue
total $482 · excluded $482
-
11e · Other revenue, total
$6,673
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $13,883
-
2 · Grants to domestic individuals
total $5,975
-
5 · Compensation of officers, directors and key employees
total $932,075
-
7 · Other salaries and wages
total $255,724
-
8 · Pension plan contributions
total $81,502
-
9 · Other employee benefits
total $100,373
-
10 · Payroll taxes
total $71,816
-
11b · Fees: legal
total $100,480
-
11c · Fees: accounting
total $1,200
-
11f · Fees: investment management
total $5,621
-
13 · Office expenses
total $100,950
-
16 · Occupancy
total $38,508
-
17 · Travel
total $42,626
-
19 · Conferences, conventions and meetings
total $33,556
-
21 · Payments to affiliates
total $454,772
-
22 · Depreciation, depletion and amortization
total $10,398
-
23 · Insurance
total $5,388
-
24a · Other expenses: PROMOTIONAL SUPPLIES
total $41,314
-
24b · Other expenses: DUES REFUNDS
total $9,715
-
24c · Other expenses: EDUCATION/PUBLICITY
total $5,518
-
24d · Other expenses: JOINT COUNCIL 32 DRIVE
total $5,355
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $75 · end of year $75
-
2 · Savings and temporary cash investments
beginning of year $956,768 · end of year $880,250
-
10a · Land, buildings and equipment: cost or other basis
$97,704
-
10b · Land, buildings and equipment: accumulated depreciation
$38,924
-
10c · Land, buildings and equipment, net
beginning of year $65,412 · end of year $58,780
-
11 · Investments: publicly traded securities
beginning of year $3,728,388 · end of year $4,135,615
-
15 · Other assets
beginning of year $92,581 · end of year $77,548
-
27 · Net assets without donor restrictions
beginning of year $4,843,224 · end of year $5,152,268
Mission and programs · 2024
Mission
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
Activities or mission (Part I)
LABOR UNION
-
TO ORGANIZE ALL WORKERS AND TO PROTECT AND PRESERVE THE BENEFITS OBTAINED FOR MEMBERS OF THIS ORGANIZATION; TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZING, NEGOTIATIONS AND COLLECTIVE BARGAINING, THROUGH ADVANCEMENT OF OUR STANDING IN THE COMMUNITY AND IN THE LABOR MOVEMENT THROUGH LEGAL AND ECONOMIC MEANS, AND OTHER LAWFUL METHODS; TO PROVIDE EDUCATIONAL ADVANCEMENT AND TRAINING FOR EMPLOYEES, MEMBERS, AND OFFICERS; TO SAFEGUARD, ADVANCE, AND PROMOTE THE PRINCIPLE OF FREE COLLECTIVE BARGAINING, THE RIGHTS OF WORKERS, FARMERS AND CONSUMERS, AND THE SECURITY AND WELFARE OF ALL PEOPLE BY POLITICAL, EDUCATIONAL AND OTHER COMMUNITY ACTIVITY.
As filed on the 2024 return.
Listed in Part VII
-
Roderick AlsteadRODERICK ALSTEAD
TRUSTEE - PAST
- Total calculated
- $25,064
- From this org
- $14,114
- From related orgs
- $0
- Other
- $10,950
- Hours/week
- 57 + 2 related
-
Zachary RadzakZACHARY RADZAK
SECRETARY-TREASURER/BUSINESS AGENT
- Total calculated
- $227,562
- From this org
- $162,542
- From related orgs
- $0
- Other
- $65,020
- Hours/week
- 55 + 2 related
Schedule J breakdown matched by us
- Base
- $162,542
- Bonus
- $0
- Other
- $0
- Deferred
- $34,486
- Nontaxable benefits
- $30,534
- Filer's total
- $227,562
-
Leslie KundoLESLIE KUNDO
VICE PRESIDENT/BUSINESS AGENT
- Total calculated
- $217,624
- From this org
- $153,507
- From related orgs
- $0
- Other
- $64,117
- Hours/week
- 53
Schedule J breakdown matched by us
- Base
- $153,507
- Bonus
- $0
- Other
- $0
- Deferred
- $33,583
- Nontaxable benefits
- $30,534
- Filer's total
- $217,624
-
Jeff OvesonJEFF OVESON
PRESIDENT/BUSINESS AGENT
- Total calculated
- $220,994
- From this org
- $156,571
- From related orgs
- $0
- Other
- $64,423
- Hours/week
- 51 + 2 related
Schedule J breakdown matched by us
- Base
- $156,571
- Bonus
- $0
- Other
- $0
- Deferred
- $33,889
- Nontaxable benefits
- $30,534
- Filer's total
- $220,994
-
Jon EllegardJON ELLEGARD
TRUSTEE - PAST
- Total calculated
- $342
- From this org
- $0
- From related orgs
- $0
- Other
- $342
- Hours/week
- 1
-
Chad WardCHAD WARD
RECORDING SECRETARY/BUSINESS AGENT
- Total calculated
- $213,559
- From this org
- $149,812
- From related orgs
- $0
- Other
- $63,747
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $149,812
- Bonus
- $0
- Other
- $0
- Deferred
- $33,213
- Nontaxable benefits
- $30,534
- Filer's total
- $213,559
-
Jared HoviJARED HOVI
TRUSTEE
- Total calculated
- $11,715
- From this org
- $7,942
- From related orgs
- $0
- Other
- $3,773
- Hours/week
- 1
-
Anthony RossiANTHONY ROSSI
TRUSTEE
- Total calculated
- $11,500
- From this org
- $8,069
- From related orgs
- $0
- Other
- $3,431
- Hours/week
- 1
-
Aaron ResbergAARON RESBERG
TRUSTEE
- Total calculated
- $3,715
- From this org
- $2,753
- From related orgs
- $0
- Other
- $962
- Hours/week
- 1
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
None.
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.
-
DULUTH TEAMSTERS BUILDING ASSOCIATION INC
501(C)(2) · TO HOLD TITLE TO PROPERTY OCCUPIED BY THE LOCAL UNION. · MN · controlled entity
Directly controlled by TEAMSTERS LOCAL UNION NO 346
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531279349301863
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