Form 990 for tax year 2022
Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS SCHOLARSHIP FUND.
Totals
- Total revenue
- $2,000,000
- Total expenses
- $0
- Contributions and grants received
- $2,000,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $3,351,176
- Total liabilities, end of year
- $1,351,176
- Net assets or fund balances, end of year
- $2,000,000
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- 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.
-
1f · All other contributions, gifts and grants
$2,000,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $3,205,800
-
15 · Other assets
beginning of year $0 · end of year $145,376
-
19 · Deferred revenue
end of year $1,276,900
-
25 · Other liabilities
beginning of year $0 · end of year $74,276
-
28 · Net assets with donor restrictions
end of year $2,000,000
Mission and programs · 2022
Mission
TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO DEPENDENTS OF ACTIVE AND RETIRED MEMBERS OF INTERNATIONAL BROTHERHOOD OF TEAMSTERS IN ORDER TO ENABLE THE RECIPIENTS ATTEND POST-SECONDARY EDUCATIONAL AND VOCATIONAL INSTITUTIONS.
-
TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO INTERNATIONAL BROTHERHOOD OF TEAMSTERS DEPENDENTS OF ACTIVE AND RETIRED MEMBERS TO HELP PAY THE COST OF HIGHER EDUCATION, INCLUDING THE COST OF UNIVERSITY, COLLEGE AND VOCATIONAL EDUCATIONS.
As filed on the 2022 return.
Listed in Part VII
-
Sean M O'BrienSEAN M O'BRIEN
PRESIDENT
- Total calculated
- $394,316
- From this org
- $0
- From related orgs
- $314,998
- Other
- $79,318
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $206,814 related
- Bonus
- $0
- Other
- $0 + $108,184 related
- Deferred
- $0 + $40,639 related
- Nontaxable benefits
- $0 + $38,679 related
- Filer's total
- $0 + $394,316 related
-
Lindsay DoughertyLINDSAY DOUGHERTY
SECRETARY & TEASURER
- Total calculated
- $53,908
- From this org
- $0
- From related orgs
- $31,008
- Other
- $22,900
- Hours/week
- 1 + 35 related
-
Richard EricksonRICHARD ERICKSON
VICE PRESIDENT
- Total calculated
- $101,434
- From this org
- $0
- From related orgs
- $71,337
- Other
- $30,097
- Hours/week
- 1 + 35 related
-
Chris GriswoldCHRIS GRISWOLD
DIRECTOR
- Total calculated
- $100,283
- From this org
- $0
- From related orgs
- $70,446
- Other
- $29,837
- Hours/week
- 1 + 35 related
-
Brent TaylorBRENT TAYLOR
DIRECTOR
- Total calculated
- $101,522
- From this org
- $0
- From related orgs
- $71,351
- Other
- $30,171
- Hours/week
- 1 + 35 related
-
James WrightJAMES WRIGHT
DIRECTOR
- Total calculated
- $97,963
- From this org
- $0
- From related orgs
- $67,273
- Other
- $30,690
- Hours/week
- 1 + 35 related
-
Fred ZuckermanFRED ZUCKERMAN
DIRECTOR
- Total calculated
- $319,860
- From this org
- $0
- From related orgs
- $260,087
- Other
- $59,773
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $166,295 related
- Bonus
- $0
- Other
- $0 + $93,792 related
- Deferred
- $0 + $32,677 related
- Nontaxable benefits
- $0 + $27,096 related
- Filer's total
- $0 + $319,860 related
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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
-
IBT SUPPLEMENTAL BENEFITS TRUST
501(C)(5) · SUPPLEMENTAL BENEFITS TRUST · DC
-
INTERNATIONAL BROTHERHOOD OF TEAMSTERS
501(C)(5) · LABOR UNION · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303059349300010
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